Restructuring costs see McDermott fall to £60.3m loss
Energy services firm McDermott fell to a loss of £60.3m in the start of 2019 amid a series of restructuring and transactional costs.
Energy services firm McDermott fell to a loss of £60.3m in the start of 2019 amid a series of restructuring and transactional costs.
French oil giant Total suffered a dip in profits during a first quarter of highs and lows.
Oil & Gas UK today confirmed the line-up for the opening day of its annual conference, being held at Aberdeen’s Exhibition and Conference Centre from June 4-6.
Chrysaor’s recently-announced £2billion deal to acquire ConocoPhillips’ North Sea assets will put it top of a new leaderboard of oil and gas producers.
Some of the world's biggest oil firms have claimed they are taking "prudent action" on climate goals, despite a new report suggesting production from new fields will breach the Paris Agreement.
French energy giant Total has donated €100m (£86.5m) to restoration efforts for the Notre-Dame cathedral in Paris.
North Sea oil firm EnQuest has confirmed it will change rota patterns for hundreds of its offshore workers.
The UK's safety watchdog has served notice to energy giant Total over “failures” to assess risks around rota changes at the Shetland Gas Plant.
Total has reached an agreement with the government of Papau New Guinea allowing work to begin on a $13bn (£9.9bn) project to roughly double the country’s energy exports.
TechnipFMC has won a “significant” contract for work on the Lapa oilfield offshore Brazil.
A former legal expert for French oil giant Total has has been appointed partner at Brodies’ Aberdeen office.
Total is tying up with China’s Tianneng Group to build batteries, moving into mass production of electricity storage technology after snapping up Saft Groupe SA in 2016.
It is said that more than 1.4 million students skipped school on March 15 to protest about the climate change crisis that threatens life as we know it on Earth.
French energy major Total said it will invest more than $700 million in Houston-based Tellurian and its Driftwood liquefied natural gas export project in Louisiana.
A leading Scottish science festival is to cut its long standing association with French oil giant Total and US firm ExxonMobil.
Total has started production from the second floating production, storage and offloading (FPSO) unit for its Kaombo project off Angola.
Strikes involving more than 200 North Sea workers have been called off.
Total SA’s discovery of South Africa’s first oil in deep water could prove to be a bonanza for a country lacking crude reserves of its own and prompt a rush from other majors. That’s if they’re able to solve the engineering challenges of operating in one of the fastest ocean currents in the world.
Total chief executive and chairman Patrick Pouyanne is set to be given a reduction in pay.
World-class discoveries made in the UK North Sea in recent months have “turned heads” of investors, according to the chief executive of Chrysaor.
Oil workers downed tools on three of Total’s North Sea platforms yesterday in a bitter row over rotas.
Workers engaged in North Sea strike action were in “good spirits” yesterday and remained “determined to see the dispute through to the end”, a union boss said.
Energy giant Total confirmed this morning that strikes had begun on three of its North Sea installations in a dispute over rotas.
The UK foreign secretary held a roundtable meeting with North Sea oil and gas bosses on Friday amid - what he described as - “the crucial final stages” of Brexit negotiations.
Bosses at Costain Group said the engineering and construction firm delivered a "strong" set of results in 2018 and built up a record order book.