North Sea oil pollution ‘grossly underestimated’, report finds
North Sea oil pollution has been "grossly underestimated" due to an opaque and misleading reporting system and ineffective regulations, a report has found.
Taqa Bratani
Taqa doubles earnings but ageing UK assets drive production slide
Emirati energy and utilities giant Taqa reported bumper profits for 2023 from its new stake in Adnoc Gas, but decline from North Sea assets prompted a 7% slide in production.
Regulator approves removal plans for Brae Bravo jacket
Regulators have approved TAQA’s plans to remove a section of the remaining jacket structure at Brae Bravo, following a successful topsides decommissioning campaign last year.
OPRED approves decom plans for Cormorant Alpha topsides
TAQA has received formal approval for its decommissioning plan (DP) covering the Cormorant Alpha topsides, with work slated begin from 2026 at the earliest.
TAQA Group sees profits rise to £1.3bn
The Abu Dhabi-based energy group said it had delivered a ‘very strong’ performance in 2021, underpinned by its utilities business and boosted by higher commodity prices.
North Sea industry celebrates achievements at OGUK Awards 2020
The achievements of the UK oil and gas industry’s leading lights were celebrated in a virtual awards ceremony last night.
Taqa takes £339million write-down on value of North Sea assets
Taqa has taken a £339million write-down in the value of its North Sea assets as a result of Covid-19 and the oil downturn.
Taqa’s North Sea boss predicts ‘challenging year ahead’
The boss of Taqa’s North Sea business has predicted a “challenging year” ahead as the Abu-Dhabi oil firm publishes its 2019 results.
Taqa hails strong UK performance in first half of 2019
Taqa’s European boss said robust production at its UK assets underpinned a strong first half of the year.
Update: Odfjell’s Aberdeen arm to hire 100 people after North Sea contract win
Norwegian firm Odfjell Drilling said its Aberdeen business would recruit about 100 people after winning a contract to provide services on five North Sea platforms.
Memorial to North Sea stalwart David Doig will be held this month in Aberdeen
The life and work of former Opito chief executive David Doig will be celebrated in Aberdeen later this month.
Taqa Bratani closes consultation, confirms North Sea job losses
Taqa Bratani said a consultation over headcount reductions launched in August has now concluded with the loss of 100 offshore core crew positions. The company previously announced it was considering the move which was most likely to affect contractors.
Taqa confirms UK job cuts despite big rise in global profits
A North Sea oil firm is making job cuts in a “consolidation” of the business, despite the Middle Eastern parent more than doubling first quarter profits.