Energy Voice | Stonehaven parts maker to double headcount after cash injection

A cash injection at a north-east precision engineering firm is expected to spark a recruitment drive over next few years. Owners of Kincardine Manufacturing Services (KMS) have agreed to sell 49% of the Stonehaven-based parts supplier to Plexus Holdings for £735,000. Founder and director Graham Truscott and his immediate family will retain the majority shareholding […]

Energy Voice | Anti-fracking campaigner says planning guidance ‘unlawful’

The Government’s new planning guidance was unlawfully published without an assessment of its environmental impact, the High Court has been told. Friends of the Earth argues the public should have been able to “contribute to and comment on” the updated guidance, which was published by the Ministry of Housing, Communities and Local Government (MHCLG) in […]

Energy Voice | Future asbestos deaths from 1970s oil boom ‘inevitable’

Future asbestos-related deaths arising from construction in the 1970s North Sea oil boom are “inevitable” according to a legal team supporting victims. Exposure to asbestos can take up to 40 years to develop into a disease, and the Asbestos Action campaign group has said 16 of its north-east clients have died in the last year […]

Energy Voice | BP beefs up Clair stake with completion of Conoco swap deal

Energy giant BP has completed a swap deal that takes its stake in the Clair field to 45.1%. UK-headquartered BP previously held 28.6% of the huge west of Shetland asset, but announced an agreement to acquire 16.5% from US firm ConocoPhillips in July. As part of the same deal, BP has sold its non-operated interests in the […]

Energy Voice | Petrofac confirms IT security breach

Oilfield services firm Petrofac has confirmed it suffered an IT security breach. The firm said that the focus of the attack was the Middle East, but did confirm that there was “some impact in Aberdeen”. Petrofac said it had taken the decision to shutdown systems and servers and that no data loss or impact on […]

Energy Voice | Petrofac bags £7.8m deal to prepare vessel for BP tieback

Energy service giant Petrofac has won a £7.9 million contract to prepare a North Sea installation for a subsea tieback project. UK-headquartered Petrofac will carry out topside construction and commissioning works for Ithaca Energy on the FPF-1 floating production facility. Oil major BP intends to tie its central North Sea Vorlich field back to the […]

Energy Voice | Shell, Total among the majors committed to developing Chinese acreage

China signaled its openness for business with a raft of deals that’ll give oil majors including Royal Dutch Shell Plc new opportunities to develop fields in partnership with the nation’s biggest offshore explorer. China National Offshore Oil Corp. said in Beijing on Tuesday that it had inked oil and gas accords with nine firms. The […]

Telstra Acquires Share in Southern Cross Cable Network

Telstra has entered into an agreement to purchase a 25 per cent stake in Southern Cross Cable Network (SCCN) and substantial capacity on both the existing network and the new Southern Cross NEXT subsea cable. The share purchase and capacity purchase are inter-conditional, and both are subject to definitive documentation and relevant regulatory approvals. SCCN owns and operates […]

Energy Voice | New non-exec chair appointed at IOG

Independent Oil and Gas (IOG) has appointed Fiona MacAulay as independent non-executive chair. She takes over from Mark Routh, who will step down on January 1. Ms MacAulay joined the IOG board in July 2018 as the senior independent non-executive director. She has more than 30 years’ experience with both major and independent oil companies including Mobil, Amerada […]

North Sea Hat-Trick for DOF Subsea

DOF Subsea has been awarded three new contracts in the North Sea. The first of these contracts will see DOF Subsea undertake a workscope in the Norwegian North Sea involving subsea construction support and pre-commissioning operations from the Geosund during December 2018. In addition, the company has been awarded a contract for […]