Taqa mulls sale of assets in UK and Canada
Taqa is considering options for its oil and gas assets in the UK and elsewhere, including a potential sale, as the state-owned utility focuses more on power generation, people familiar with the matter said.
Taqa
Odfjell wins five-platform Taqa contract
Drilling contractor Odfjell has been awarded a five-year contract with Taqa in the UK.
Life after oil: Comms adviser takes ‘leap of faith’ on fitness passion
A former oil communications advisor has taken a “leap of faith” during the pandemic on a career in health and fitness.
Independent Oil and Gas hires former Ithaca, Marathon man as COO
Independent Oil and Gas (IOG) has hired an experienced North Sea project manager and military man as its new chief operating officer (COO).
EnQuest platforms doubling up as ‘Airbnbs’ to assist Thistle up-manning
An EnQuest boss said today that treating some of its platforms like "Airbnbs" was helping the firm prepare a northern North Sea neighbour for up-manning.
CGG’s Sercel wins Saudi desert seismic work
CGG’s Sercel has won a contract to provide land seismic equipment for harsh environment work in Saudi Arabia.
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.
RockRose founder Andrew Austin makes North Sea return with new company
Andrew Austin is making his North Sea return with a new investment company, aimed at buying up UK assets, after selling RockRose Energy.
TAQA awards maintenance deal to AI software firm VROC
Software company VROC has clinched a deal to provide AI predictive analytics services on three of TAQA’s UK North Sea platforms.
HMRC boosts projected decommissioning tax relief for oil firms by £1.1billion
HMRC has boosted projections by £1.1billion for the amount of tax repayments it expects to give oil firms for North Sea decommissioning.
Shell, Total and Wood among finalists for 2020 OGUK Awards
Trade body Oil and Gas UK has announced the shortlist for this year’s instalment of its prestigious OGUK Awards.
North Sea industry ‘still in control’ despite recent Covid resurgence
North Sea safety bosses have insisted the oil and gas industry is “still in control”, despite a recent resurgence of Covid-19 offshore.
Taqa has largest North Sea decommissioning bill this decade – Wood Mackenzie
Taqa has the largest UK decommissioning bill of any North Sea operator this decade, according to Wood Mackenzie.
Leading entrepreneur honoured at ‘virtual’ Offshore Achievement Awards
North-east entrepreneur Jeanette Forbes was recognised for her significant contribution to the UK offshore energy sector in a “virtual” awards ceremony tonight.
TexoDSI defines 3D data in the North Sea
Texo DSI has delivered 3D-digital twins of four offshore production platforms for client Taqa. The survey data for each asset was collected safely and efficiently in one week using UAVs.
Taqa hands in decommissioning plans for two North Sea platforms
Oil and gas firm Taqa has handed in decommissioning plans for two of its northern North Sea platforms to the UK Government.
Offshore Achievement Awards go virtual for 2020 ceremony
The Offshore Achievement Awards (OAA) is gearing up for its first ever virtual awards ceremony, allowing finalists and winners to be celebrated by industry on Friday 14 August, 2020.
Chrysaor boss still wants ‘to be producing 200k barrels a day’ in 20 years’ time
A “more diversified” Chrysaor could still be producing 200,000 barrels of oil a day in 2040, according to the firm’s North Sea boss.
New £5m boost for researchers assessing North Sea oil and gas and renewables structures
A research group assessing man-made North Sea structures has been given a boost with the announcement of £5 million in new funding.
EnergySys dishes out £1k grants to 20 schools
EnergySys Limited, a leading oil and gas cloud-technology provider, is proud to celebrate its 20th anniversary.
Babcock helicopters take first flight following new five-year North Sea deal
Babcock helicopters took their first flight out of Shetland on Wednesday following a new five-year shared contract with three oil and gas operators.
Taqa to sell more shares following deal to create utility giant
Abu Dhabi’s Taqa plans to sell more shares after completing an asset-transfer deal with its parent, government-owned ADPower, that creates a utility giant in the Gulf Arab region.
‘Marked increase’ in number of North Sea workers going offshore
A “marked increase” has been noted in the number of workers going out to North Sea platforms, according to industry chiefs.
Oil and gas aviation is ‘area of weakness’ for Babcock as firm slumps into the red
Engineering service firm Babcock International slumped into the red in 2019-20 after suffering hefty impairments largely pinned on the “deteriorating” oil and gas market.
Government green-lights Taqa’s Eider decom plans
The UK Government has approved Taqa’s plans to decommission the topsides of the 32-year-old Eider platform in the North Sea.