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.
Teekay Offshore
Voyageur Spirit heads to Kishorn after leaving Premier Oil’s Huntington field
The Voyageur Spirit FPSO is on its way to the Kishorn Drydocks after leaving Premier Oil’s Huntington field in the North Sea.
Premier Oil loses £9.5million legal battle to Altera over Huntington FPSO
Premier Oil has lost a $12.1m (£9.5m) legal dispute over a contract for the FPSO on the North Sea Huntington field.
Jobs at risk from Premier Oil decom plans, but Hibiscus talks give Teekay hope
Up to 100 jobs are thought to be at risk from Premier Oil's plans to terminate vessel owner Teekay’s contract for a North Sea field.
Teekay vessel to serve Cheviot field in North Sea
UK private equity-backed Alpha Petroleum has announced the completion of a deal to bring the Petrojarl Varg FPSO to the Cheviot field.
Petrobras cancels Teekay flotel charter
Teekay Offshore Partners is reviewing its legal options after Brazil’s Petrobras cancelled the charter for the flotel vessel Arendal Spirit.
Alpha lines up Teekay FPSO for Cheviot job
North Sea operator Alpha Petroleum has edged closer to first oil from the Cheviot field after lining up a vessel.
Flotel order cancellation hits Teekay for £33m
Marine energy transport company Teekay Offshore slumped to net losses of $102.6million (£78million) in the second quarter after being hit by a cancellation charge for two flotels. Teekay booked a £33million writedown when it terminated the construction deals for the two so-called units for maintenance and safety (UMS) with the Cosco Shipyard in China. Revenues from vessel operations also suffered due to the Arendal Spirit UMS’s withdrawal from service for 71 days.