BP to make 7,500 of global job cuts compulsory – report
BP will make 7,500 of its planned global job cuts compulsory after roughly 2,500 workers applied for voluntary redundancy, according to a news report.
UK
Qatar books key UK LNG supply deal as export push begins
Qatar Petroleum is set to ramp up exports of liquefied natural gas (LNG) to the UK as the Persian Gulf country seeks buyers for the output from a new project and several large supply contracts are due to expire.
Use of offshore rigs sees ‘largest monthly drop for 20 years’ – Rystad
Use of offshore drilling rigs globally has seen the largest monthly drop in 20 years, according to analysis from Rystad Energy.
Greenpeace fails legal move against decision on BP North Sea oil field
Greenpeace has failed in its legal move against government approval of a BP oil field in the North Sea.
Tackling flaring: Lessons from the North Sea
The North Sea represents some of the best-in-class and most innovative work of the oil and gas industry. Here, significant progress in reducing gas flaring is already making a vital contribution towards delivering “net zero”, and Norway stands out as genuinely world-class.
UK must ‘step up’ building offshore wind farms to meet Boris Johnson green power pledge
More Government action will be needed to deliver the promise from Boris Johnson to power every home with offshore wind by 2030, the industry has said.
IR35 delay hopes ‘fanciful’ warn employment experts
Employment experts have warned that hopes of a further IR35 delay are “fanciful”, despite months more of Covid lockdown measures coming.
Shell plans up to 9,000 job cuts worldwide
Shell has announced plans for between 7,000 – 9,000 job cuts from its global workforce by the end of 2022.
Oil and Gas UK brands climate group report ‘misleading’
Oil and Gas UK has rebuked claims in a new report from a coalition of climate action groups as being “misleading”.
More than 80% of UK oil workers consider leaving the industry, finds climate group report
More than 80% of UK oil and gas workers are considering leaving the industry, according to a new report from climate action groups.
Energy minister says ‘no plans’ to lift fracking suspension
Fracking is "not something we envisage at all in our future" as the Government seeks to cut greenhouse gas emissions by 2050, a business minister has said.
BP ‘won’t rule out’ further North Sea oil exploration despite 40% production cut pledge
BP has said it "will not rule out further exploration at all" in the North Sea, despite a pledge to cut global oil production by 40% within the decade.
Offshore rigs need scrapped to end industry’s ‘bankruptcy nightmare’ – Bassoe
Scrapping of offshore oil rigs needs to be significantly ramped up in order to end the “bankruptcy nightmare” of their owners, according to Bassoe Offshore.
Banning petrol and diesel cars by 2030 would meet UK climate goal – Greenpeace study
The UK government must bring forward by a decade its ban on the sale of the most polluting cars if it wants to even come close to its climate change goals, new analysis showed.
Making redundancies after Covid-19
With the tapering of the Government’s Coronavirus Job Retention Scheme (CJRS) now in full swing, it is crucial for businesses to keep a close eye on headcount.
Vattenfall calls for planning changes to meet offshore wind targets
A “fit for purpose” offshore wind planning regime is crucial if the UK is to meet its clean energy targets, Vattenfall’s UK country manager Danielle Lane told Energy Minister Kwasi Kwarteng yesterday.
BP, Wood, Subsea 7 among new additions to gender diversity coalition
Energy firms BP, Wood and Subsea 7 are among six new companies joining a coalition to improve gender diversity and inclusion across the industry.
Premier Oil Tolmount platform heads for North Sea – video
Premier Oil has released images of the Tolmount platform and jacket setting off for the UK North Sea.
Oil edges higher ahead of OPEC+ meeting with demand in focus
Oil has climbed ahead of an OPEC+ meeting this week that will assess the group’s production cuts as the recovery from virus-driven demand destruction falters.
Brits ready to hand government more power on climate change
The British public wants government to play a bigger role in tackling climate change, including bringing forward a ban on diesel and gasoline cars and taxing frequent fliers.
Shell Brent legs: Decom decision ‘postponed’ for giant structures
A decision on whether Shell will be allowed to keep the giant legs of the Brent field in the North Sea forever has been “postponed”.
Shell to ‘compensate’ Prosafe for 10-month deferral of UK contract
Shell will "compensate" vessel accommodation owner Prosafe for a 10-month deferral of a UK North Sea contract.
Final platform to set off for Moray East wind farm
The final platform for the Moray East wind farm will set sail across the North Sea this weekend.
UK operators will ‘struggle’ to find rigs for North Sea work in 2021 – Bassoe
UK operators will "struggle” to find semi-submersible rigs for work in the North Sea next year, according to new analysis.
UK to see world’s second-highest deployment of FPSO vessels in next five years
The UK North Sea will see the world's second-highest deployment of FPSO vessels in the next five years, according to new analysis.