North Sea oil rig More than £250m was wiped off the value of John Wood Group after accountants found “material weaknesses and failures” in the North Sea engineering giant’s governance and ...

More than £250m was wiped off the value of John Wood Group after accountants found “material weaknesses and failures” in the North Sea engineering giant’s governance and financial practices.

North Sea Giant will be employed on secured work and new prospects in both the North Sea and international waters,” said Kevin Murphy, Ocean Installer CEO. North Sea Giant is a modern advanced ...

The company, which holds major stakes in North Sea assets such as Kraken, Magnus, and Golden Eagle, said production averaged 40.7 Kboed (thousand barrels of oil equivalent per day) in 2024. And it ...

Ocean Installer, a subsidiary of Moreld, has executed an 18-month option, extending the charter-party with ship owner North ...

Ed Miliband risks destroying the UK’s reputation if he blocks Britain’s two biggest offshore oil and gas developments, the boss of energy giant Equinor has warned.

A giant gas field has been discovered under Lincolnshire that could fuel the UK’s entire needs for a decade, reducing ...

Mr Opedal told the BBC he was confident that Rosebank - a giant new oil field in the North Sea - would go ahead, despite a recent court ruling that consent had been awarded unlawfully. He also warned ...

Energy giant Shell is due to install a multi-billion pound gas platform in the North Sea this spring despite being blocked from drilling, Sky News understands. The Jackdaw field, which it is claimed ...