Five-Well North Sea Contract Goes to Petrofac
Tuesday June 02, 2020 - Petrofac will support IOG's Core Project development of three fields in the U.K. Southern North Sea.
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Wood Pledges 40 Percent Cut in Carbon Emissions
Friday, June 05, 2020Wood has pledged to set a science-based target to reduce its scope 1 and 2 greenhouse gas emissions by 40 percent by 2030.
Five-Well North Sea Contract Goes to Petrofac
Tuesday, June 02, 2020Petrofac will support IOG's Core Project development of three fields in the U.K. Southern North Sea.
OGTC Appoints New Chair
Monday, June 01, 2020Aberdeen's Oil & Gas Technology Center announced Monday the appointment of Martin Gilbert as its new Chair.
Subsea 7 Expects to Slash Around 3,000 Jobs
Thursday, May 28, 2020Subsea 7 expects to slash around 3,000 people from its global workforce of 12,000 by the end of the second quarter of next year.
Saipem Signs Global Engineering Deal with Equinor
Tuesday, May 26, 2020Saipem has signed a two-year frame agreement with Equinor covering engineering services worldwide.
Total Still on Track for North Sea Divestments
Friday, May 22, 2020The sale is moving ahead, although Petrogas is no longer part of the transaction.
Maersk Lands Contract for Dunlin Alpha Work
Thursday, May 21, 2020Project management and engineering will start this year, with offshore execution planned for 2022 or 2023.
BP Offshore Deals Go to Worley
Thursday, May 21, 2020BP has formed a pair of global framework agreements with Worley tied to BP's global offshore developments.
Shell Planning Voluntary Job Losses
Thursday, May 21, 2020Shell will have a clearer picture of what the reorganization of the company will look like by the end of the year.
Redundancy at Heart of Lone Worker Lifeline
Tuesday, May 12, 2020Industrial Scientific Corp. unveiled a technology meant to provide a measure of safety for lone workers in the field.
Solstad Bags Vessel Contracts
Tuesday, May 12, 2020Solstad Offshore ASA revealed Monday that two of its vessels have been awarded new contracts.
Petrofac Secures New BP Contracts
Tuesday, May 12, 2020Petrofac revealed Tuesday that BP has awarded the company a new four year metering contract and a three year extension to its existing maintenance contract.
Subsea 7 Bags Sizeable Offshore UK Deal
Thursday, May 07, 2020Subsea 7 has been awarded a 'sizeable' contract by Independent Oil and Gas for the Blythe and Vulcan Satellites field development.
Petrofac Bags UK Deals Worth $100MM+
Wednesday, May 06, 2020Petrofac has been awarded two three-year renewals in the UK worth a combined total of more than $100 million.
Total Targets Carbon Neutrality in 2050
Tuesday, May 05, 2020Total SA set out bolder commitments to eliminate most of its carbon emissions by 2050, while curbing spending on oil and gas projects due to the crude-price slump.
$100MM Equinor Contract Goes to Maersk Drilling
Friday, May 01, 2020This photo shows the Maersk Intrepid hybrid jack-up rig. PHOTO SOURCE: Maersk
EnQuest Expects to Cut 530 UK Jobs
Wednesday, April 29, 2020EnQuest plc expects to cut 530 UK jobs, a company spokesperson has confirmed to Rigzone.
OGUK Warns Up To 30,000 Jobs Could be Lost
Wednesday, April 29, 2020Oil & Gas UK has warned that up to 30,000 jobs could be lost in the sector within the next 12-18 months.
OGA Appoints New Directors
Wednesday, April 29, 2020The board of the Oil and Gas Authority has announced the appointment of two new non-executive directors.
Offshore Norway Contract Goes to Dolphin Drilling
Tuesday, April 28, 2020Dolphin Drilling CEO Bjørnar Iversen, above, applauds Wellesley's willingness to drill on the NCS during this difficult period. PHOTO SOURCE: Dolphin Drilling
Petrofac Gains 200 North Sea Workers With Repsol Contract
Monday, April 27, 2020Petrofac will provide operations and maintenance support across six additional Repsol Sinopec assets.
Diamond Offshore Files for Bankruptcy
Sunday, April 26, 2020Diamond Offshore Drilling filed for bankruptcy amid an unprecedented crash in crude prices that's wrecking demand for oil exploration at sea.
Maersk Drilling Expects North Sea Redundancies
Friday, April 24, 2020Maersk Drilling has taken steps to initiate consultations with trade unions and employee representatives about redundancies in the company's offshore crew pool in Denmark, Norway and the UK.
Cheniere Pledges $1MM+ to Battle Pandemic
Thursday, April 23, 2020Cheniere Energy has pledged more than $1 million to organizations that provide essential services to those most in need and at risk during the Covid-19 outbreak.
Equinor Appoints New Exploration Leader
Wednesday, April 22, 2020Equinor revealed Wednesday that it has appointed a new exploration leader.
Airline Provides North Sea Oil and Gas Lifeline
Tuesday, April 21, 2020This photo shows one of Loganair's Embraer 145 regional jets. PHOTO SOURCE: Loganair
Survivex Delivers Remote Safety Training in Lockdown
Monday, April 20, 2020Survivex is delivering safety training to oil workers in Asia from its base in Aberdeen during the coronavirus lockdown.
SandRidge Energy Places Some Staff on WARN Leave
Friday, April 17, 2020Affected employees will remain on WARN Leave through June 14.
Exxon Opens Nominations for Power Play Awards
Wednesday, April 15, 2020ExxonMobil has officially opened nominations for the second annual Power Play Awards.
BP Bosses Give Donations to Mental Health Charities
Tuesday, April 14, 2020BP Chief Executive Officer Bernard Looney has revealed that he and BP Chairman Helge Lund have decided to give 20 percent of their salaries for the rest of the year to mental health charities.
OGUK Hosts First Ever Young Pros Webinar
Monday, April 13, 2020Industry body Oil & Gas UK is hosting its first ever Industry Insights webinar for young professionals on April 22.
175-Well North Sea Orders Go to Ardyne
Friday, April 10, 2020Ardyne has won four long-term North Sea contracts for work on 175 wells, the U.K.-based fishing, milling and casing recovery provider reported Thursday.
OGUK Hosts Webinars to Help Firms Through Pandemic
Friday, April 10, 2020OGUK is hosting a series of webinars for its member companies to learn more about the support available to them in the wake of the coronavirus pandemic.
Petrofac Cutting Salaries and Staff
Monday, April 06, 2020Petrofac Limited announced Monday that it is taking decisive actions to improve its cost competitiveness and protect the long-term health of its business.
Wood Significantly Adjusts Cost Base
Friday, April 03, 2020Wood announced Thursday that it is taking action to 'significantly' adjust its cost base in anticipation of a reduction in activity levels.
OGA Chief to Stay Until 2022
Thursday, April 02, 2020Andy Samuel will continue as the chief executive of the Oil and Gas Authority until the end of 2022.
Centrica Brakes on Spirit Energy Sale, Cancels Dividend
Thursday, April 02, 2020Centrica Plc paused the divestment of its North Sea oil and gas assets and withheld its final dividend payment.
Polarcus Cuts Jobs and Salaries
Wednesday, April 01, 2020Polarcus Limited has announced a $15 million cost reduction plan following the coronavirus outbreak and recent oil price crash.
Covid-19 Delays Cambo Project
Monday, March 30, 2020Siccar Point and its joint venture partner, Shell UK, have announced the deferral of the planned sanction date for the Cambo project to 2021.
BP CEO Says Staff Jobs Safe For at Least Three Months
Monday, March 30, 2020CEO Bernard Looney made the promise in a live webcast to about 7,000 employees from his apartment in London.
BP Foundation Donates $2MM to Pandemic Fight
Friday, March 27, 2020The BP Foundation is donating $2 million to the World Health Organization's Covid-19 Solidarity Response Fund.
Equinor Launches $3B Action Plan
Thursday, March 26, 2020Equinor revealed Wednesday that it has launched a $3 billion action plan to strengthen its financial resilience in 2020.
Seadrill Re-Hires Houlihan
Thursday, March 26, 2020Billionaire John Fredriksen's Seadrill Ltd. re-hired long time adviser Houlihan Lokey Inc. to engage in fresh talks with lenders, people familiar with the situation said.
OGA Reprioritizes in Wake of Virus and Price Drop
Wednesday, March 25, 2020The UK Oil and Gas Authority has reprioritized in the wake of the coronavirus outbreak and the latest oil price crash.
TAQA Flies North Sea Crew Onshore in Virus Scare
Tuesday, March 24, 2020TAQA has confirmed that eight crew members at its North Sea Cormorant Alpha and North Cormorant platforms are being flown onshore after self-isolating.
Chevron Cuts Spending by $4B
Tuesday, March 24, 2020Chevron became the latest oil company to take an ax to its budget.
Shell Tightens Belt Amid Pandemic
Monday, March 23, 2020Shell has embarked on a series of operational and financial initiatives that are expected to contribute $8-9 billion of free cash flow on a pre-tax basis.
Tenaris Cutting 900+ Employees
Monday, March 23, 2020Tenaris is cutting more than 900 employees in the United States due to the sharp decline in the price of oil.
Bristow Configures Three Coronavirus Copters
Friday, March 20, 2020Bristow Helicopters has specially configured three former search and rescue aircraft to support the industry's response to the coronavirus pandemic.
Exxon Looks to Significantly Reduce Spending
Tuesday, March 17, 2020ExxonMobil is looking to significantly reduce spending due to the market conditions caused by the COVID-19 pandemic and commodity price decreases.
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