A Saudi oilfield services company backed by the country’s sovereign wealth fund kicked off a planned $1.2 billion in acquisitions by buying Texas-based Schlumberger Ltd.’s Middle Eastern drilling-rig business.
Judges have whittled down dozens of applicants to reveal the shortlist for terrific teams and tremendous teachers at the north-east’s most prestigious HR awards.
Eight finalists are in the running for two hotly contested categories of The Press and Journal cHeRries Awards 2019.
A “natural decline” in production and unplanned outages halved earnings from Taqa’s European business in 2018.
It’s difficult to ignore the emails, conferences and discussion around digital. There is huge focus on what digital technologies can do for our businesses, moving beyond some of the existing digitalisation of our working practices. It’s been helped hugely by the pervasive nature of technology in our lives, Alexa, Siri, couriers arriving at the door and passing you a handheld computer to sign. These technologies help our industry realise that much of this technology is very mature and, in a lot of areas, largely unexploited in the oil and gas industry.
The cream of the crop among human resources (HR) professionals in the region are revealed today in the final shortlist for the cHeRries Awards 2019.
Taqa has hailed a “major milestone” as it prepares to switch its Eider platform in the North Sea to utility mode next month.
Spirit Energy and Taqa have lost a legal battle with Marathon Oil over a £68million deficit in a North Sea pension scheme.
Oilfield services giant Petrofac has secured a three-year contract extension with Taqa in the UK.
An offshore medic has been recognised as a exceptional caregiver.
Oil field services giant Subsea 7 has won a three-year contract extension with seven North Sea clients.
Taqa revealed plans to extend the life of its northern North Sea assets are “nearing completion” as it reported its financial results.
Taqa's first-half profits dropped as natural decline and unplanned outages in the North Sea dented its production in Europe.
Helicopter operator Babcock has won a North Sea contract with Taqa.
Taqa’s pre-tax profits were cut in half in the first quarter of 2018 as earnings from the firm’s oil and gas business dwindled.
Maersk Drilling has been awarded three consecutive contracts for its jack-up rig Maersk Resolute in the Dutch sector of the North Sea.
Helicopter firm Bristow UK has announced an agreement with TAQA UK to extend the partnership between the two firms for work in the oil rich East Shetland Basin.
Odfjell Drilling has put forward another revised pay offer after north-east workers voted to reject earlier proposals.
Vessel contractor Solstad Farstad has won a trio of contracts to support UK North Sea projects.
Abu Dhabi energy firm Taqa has posted a net profit for its preliminary results for 2017, after a loss of AED 16 billion (£3.1billion) in 2016.
TAQA has announced a £50million plan to extend the life of its oil and gas fields by years in the northern North Sea.
TAQA has announced plans to extend the life of its oil and gas fields in the northern North Sea and maximise economic recovery.
Taqa's Harding platform in the North Sea is expected to restart production early next week.
Taqa's Harding platform in the North Sea is being partially down-manned amid problems with power and water supplies.
TAQA today reported a loss of $52.8million (194 million dirhams) for the third quarter of the year. It comes after two consecutive profit turning quarters.