Industry Headlines News for North Sea

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UK North Sea Oil Faces Quickening Decline If No Brexit Deal
Monday, October 16, 2017 The UK oil and gas industry faces a faster decline if Prime Minister Theresa May fails to agree to a trade deal with the European Union.

Cost Control Key to North Sea Production Growth
Friday, October 13, 2017 Having already been written off once in the 80s and survived, North Sea production is now seen to be recovering even in the Era of Shale.

Statoil's Arctic, UK Drilling Campaigns Yield Disappointing Results
Monday, October 09, 2017 Norway's Statoil reported disappointing outcomes from three oil and gas exploration wells on Monday.

Petrofac Extends North Sea Contract with Chevron
Thursday, October 05, 2017 Oilfield services company Petrofac Ltd said its North Sea engineering services contract with a unit of Chevron Corp had been extended for 12 months.

Big Oil Says It Still Loves North Sea Despite Asset Sales
Wednesday, September 06, 2017 Europe's biggest energy companies have a message for the aging UK North Sea oil industry: We may be selling assets, but that doesn't mean we're heading for the exit.

Total Overtakes Shell In North Sea Where Appetite For Assets Remains High
Tuesday, August 22, 2017 Total has overtaken rival Shell to become the second-largest producer in the North Sea with its acquisition of Maersk's Norwegian and UK producing assets.

Unite Marks Piper Alpha Tragedy 29 Years On
Friday, July 07, 2017 UK union Unite marks the Piper Alpha tragedy yesterday, 29 years on from the incident which killed 167 workers in the North Sea.

Bilfinger to Create Hundreds of Jobs Following North Sea Contract Win
Friday, June 30, 2017 Bilfinger Salamis UK secures a contract for the provision of services for the preparation and installation of Maersk Oil North Sea's new gas production field, Culzean, creating up to 300 jobs.

Chrysaor Looking for Staff In Aberdeen
Friday, June 30, 2017 Chrysaor is recruiting for a range of new roles in the Aberdeen area, the company revealed Friday.

OGA Publishes New Cost Estimate for UKCS Decommissioning
Thursday, June 29, 2017 The Oil and Gas Authority publishes a report which provides a new cost estimate for offshore oil and gas decommissioning in the UK Continental Shelf.

Scotland's Oil Skills, Experience In Demand Across Globe
Friday, June 16, 2017 There was continued strong demand across the globe for Scotland's oil skills, experience and expertise during 2015/16.

Scottish Unemployment Figures Change Amid Growing Sector Confidence
Thursday, June 15, 2017 Scotland's unemployment fell to its lowest rate since the recession over the last quarter.

Return of North Sea Industry to Help Bring Back Well Paid Jobs
Wednesday, June 14, 2017 The return of confidence in the North Sea oil and gas industry will help stimulate the local economy and bring back well-paid and highly skilled jobs, according to Aberdeen North MP Kirsty Blackman.

Levels of Optimism in the UK Continental Shelf 'Bounce Back'
Tuesday, June 13, 2017 Improvements in oil and gas contractor confidence on the UK Continental Shelf (UKCS) suggests some businesses are seeing signs of recovery.

BLOG: Investors Pump Cash into 'Knowledge Gap' Resource, But Is It Enough?
Tuesday, June 13, 2017 Investors are working hard to plug a knowledge gap in the North Sea.

Unite Urges Offshore Workers to Join Pay Fight
Monday, June 12, 2017 UK offshore union Unite is urging people to join its organization in an effort to combat pay cuts to workers.

TWMA Secures Jobs with New Maersk Oil Contract
Thursday, May 25, 2017 Oil and gas waste management solutions provider, TWMA, secures 2 new projects with Maersk Oil UK in the Central North Sea, which will support up to 18 existing onshore and offshore jobs.

Hundreds of Dong Energy Workers to Transfer to Ineos Following Acquisition
Wednesday, May 24, 2017 Over 400 Dong Oil & Gas Business workers will transfer to Ineos in 2017, after the latter company agreed to buy the subsidiary from Dong Energy A/S.

UK Operators Must Take Time to Invest in Decommissioning Training
Friday, May 19, 2017 It is important that oil and gas operators in the UK take the time to invest in decommissioning training and expertise, Andrew Greenwood, Airswift Europe and Africa recruitment director, says.

Culzean Contract to Support up to 150 Aberdeen Jobs for Semco Maritime
Wednesday, May 17, 2017 Semco Maritime has been chosen by Maersk Oil UK to participate in the installation and preparation (hook-up) of the Culzean field, in a development which will support up to 150 jobs in Aberdeen.

Unite Urges Members to Vote Yes for Strike Action in OCA Pay Dispute
Tuesday, May 16, 2017 UK union Unite is urging its members to vote yes for strike action, and action short of striking, in a continued dispute with the Offshore Contractors Association over pay.

70 Jobs Secured With New Centrica North Sea Well
Monday, May 15, 2017 Seventy offshore jobs have been secured after Centrica reveals it will drill a new well at the Chestnut field off Aberdeen.

Repsol Sinopec Flows First Oil from North Sea Shaw Field
Tuesday, May 09, 2017 Repsol Sinopec Resources UK announces that first oil has begun to flow from the Shaw field, which is part of a major redevelopment of the Montrose Area in the Central North Sea.

Unite Takes Another Step Towards UKCS Strike Action
Thursday, April 27, 2017 UK union Unite takes another step towards strike action on the UKCS, as it serves an official strike ballot notice to the Offshore Contractors Association (OCA).

BLOG: Decommissioning Employment Opportunities to Increase in N. Sea
Thursday, April 13, 2017 A look at the job prospects in the North Sea decommissioning sector.

North Sea Decom Costs on a Scale Not Seen Before Anywhere in the World
Monday, April 10, 2017 North Sea decommissioning costs are looming on a scale not seen before anywhere in the world, Mamdouh G. Salameh, visiting professor of energy economics at the ESCP Europe Business School says.

Recoverable Lancaster Resources Could Be 3x Larger Than Initially Thought
Friday, April 07, 2017 Recoverable resources from the Lancaster asset, located in the West of Shetland area, could be triple the amount outlined by a 2013 CPR figure, according to Hurricane Energy plc.

INEOS, BP Forties Pipeline System Deal is 'Positive Step'
Wednesday, April 05, 2017 INEOS' decision to acquire the Forties Pipeline System (FPS) and Kinneil Terminal from BP plc for $250 million is a 'positive step' towards maximizing economic recovery from the UK Continental Shelf.

INEOS to Buy Forties Pipeline from BP, 300 Staff Expected to Transfer
Monday, April 03, 2017 INEOS agrees to acquire the Forties Pipeline System (FPS) and Kinneil Terminal from BP plc for $250 million.

Aberdeen Firm to Hire More Staff in 2017 Following North Sea Contract Wins
Thursday, March 30, 2017 Aberdeen-headquartered Exceed, a well management specialist, says it will be hiring more staff after securing 4 new North Sea contracts in the first quarter of 2017.

Report: Operators Stepping Up Search for North Sea Decommissioning Staff
Thursday, March 30, 2017 Operators are improving the ways in which they search for North Sea decommissioning staff, according to a new report by the Boston Consulting Group.

GLA is 'Single Accumulation', Largest Undeveloped UKCS Find
Monday, March 27, 2017 Hurricane Energy plc believes the Greater Lancaster Area is a single hydrocarbon accumulation, making it the largest undeveloped discovery on the UK Continental Shelf.

Unite Calls for Safety Transparency After Worker Radiation Exposure Claims
Monday, March 27, 2017 Unite calls for 'openness and transparency' on safety incidents offshore, after a group of workers were reported to have been exposed to radiation on the Thistle platform.

HeliOffshore Deems North Sea Helicopter Operations Safe
Thursday, March 23, 2017 HeliOffshore confirms the safety of North Sea helicopter operations following a number of helicopter incidents in the region last year.

Offshore Industry To Play 'Vital Role' in Scottish Independence Campaign
Wednesday, March 22, 2017 The offshore industry will play a vital role in a second Scottish independence referendum campaign, Wood Mackenzie says.

MSP: Scotland Will Suffer If Supporting Action Is Not Taken Now
Friday, March 17, 2017 If action is not taken now by Westminster to support the North Sea oil and gas industry, the whole of Scotland will suffer, Gillian Martin, MSP for Aberdeenshire East says.

Unite Demands Full Disclosure from Wood Group, Amec on Employment Plans
Tuesday, March 14, 2017 The UK's Unite union demands full disclosure from Wood Group and Amec Foster Wheeler on any employment plans that are part of a recently announced takeover.

UK Students Still See Promise in Oil, Gas Careers in North Sea
Monday, March 13, 2017 A new report by OPITO reveals that the majority of UK students are still interested in pursuing careers in the region's oil and gas sector.

Confidence Slowly Returning to UKCS
Tuesday, March 07, 2017 Confidence is slowly returning to the UK Continental Shelf (UKCS) following an intensive 2-year drive to improve efficiency, streamline costs and boost productivity, Oil & Gas UK says.

OGA: UKCS Projects Delivered Late, Over Budget
Friday, March 03, 2017 On average, fewer than 25% of oil and gas projects on the UK continental shelf were delivered on time since 2011, according to a comprehensive 5 year review from the OGA.

WoodMac: 2017 Is The Year To Invest In The North Sea
Friday, March 03, 2017 Low supply chain costs are making 2017 the year to invest in the North Sea, according to a new report from Wood Mackenzie.

North Sea Producers To Benefit From Further Falls In Supplier Rates
Wednesday, March 01, 2017 Oil and gas operators in the North Sea will benefit this year from another 10% drop in leasing costs for equipment such as drilling rigs and subsea kit as oversupply continues to drag down rates.

Road Haulage Industry Opens its Doors to North Sea Oil, Gas Workers
Wednesday, March 01, 2017 The Road Haulage Association opens its doors to North Sea workers affected by the latest downturn.

Unite Calls on Members to Back Motion Supporting Public Offshore Investment
Monday, February 20, 2017 Unite calls on its members to support a motion, scheduled for debate in Scottish Parliament Feb. 23, which outlines that the UK offshore oil and gas industry needs public investment to secure its future.

UK Government Reacts to Oil, Gas Worker Discrimination Claims
Wednesday, February 15, 2017 Businesses should be in no doubt that the oil and gas industry in Scotland has one of the most highly skilled workforces in the world, the UK Government tells Rigzone.

Emerson Opens New Oil, Gas Education Facilities in Aberdeen
Thursday, February 09, 2017 Automation and engineering services specialist Emerson opens new education facilities at its Solutions Center in Aberdeen in order to help meet the need for greater oil and gas expertise.

Scottish Government Launches New Decommissioning Fund
Wednesday, February 08, 2017 A new $6.2 million (GBP 5 million) fund has been set up by the Scottish Government to support Scottish companies looking to take advantage of decommissioning sector opportunities.

Shell Submits Brent Decom Plans, Launches Public Consultation
Wednesday, February 08, 2017 An extended 60-day public consultation on recommendations to decommission the Brent oil and gas field in the North Sea has begun.

UK Oilfield Services Must Shift from Short-Term Survival Mentality
Tuesday, February 07, 2017 It is vital that the UK oilfield services industry makes a permanent shift in strategy from short-term survival to long-term success, according to analysis published by EY.

ICE Hires Consultant to Review How Brent Oil Is Calculated
Friday, February 03, 2017 The exchange that's home to Brent crude futures hired a consultant to revamp how North Sea oil prices are calculated.

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