Aberdeen-headquartered Three60 Energy has announced a multi-million pound deal with Sumitomo for work on a planned high voltage cable factory near Inverness.
A new decommissioning steering group launched by trade body Oil & Gas UK (OGUK) will lead the sector in delivering safe and environmentally sound decommissioning, while meeting decarbonisation goals.
If you’ve read anything about the oil and gas industry recently, you may have noticed that its efficiency improvements have attracted some positive press. In the face of tough business conditions, our sector is responding to the challenges of the downturn to remain competitive.
Energy service giant Petrofac said today its projects and operations business unit had secured contract renewals for UK North Sea work worth a total of about $400million (£252million).
