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AMEC’s chief executive Samir Brikho vacates top role, firm launches leadership search

Amec Foster Wheeler today confirmed that Samir Brikho had stepped down as chief executive. The group’s chief financial officer, Ian McHoul, will take over the role with immediate effect. McHoul will also chair the group leadership team while a … Read More
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Exclusive: ConocoPhillips moves to equal time rota, 50 positions at risk

ConocoPhillips said up to 50 positions could go after the company offered voluntary redundancy to staff. The firm said it is also looking to move to an equal time rota as it transitions to its decommissioning phase on its Viking operations in the Sou… Read More
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Confidence among small businesses falls to lowest levels in three years

Scottish small business confidence has fallen to its lowest level in three years amid fears the oil industry crisis has filtered down to local suppliers, according to an industry body. The Federation of Small Business’s (FSB) quarterly confidence ind… Read More
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Seafarers’ safety ‘at risk thanks to flag of convenience practices’

The UK Coastguard Agency must respond to concerns that safety of UK seafarers is being compromised by North Sea operators employing foreign workers from lightly regulated regimes in order to “exploit our natural resources”, a Holyrood committee has s… Read More
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Suncor’s North Sea wildcat bites dust

Suncor Energy Norge’s North Sea wildcat turned up dry. The well, under production licence 571, was drilled drilled in the central part of the North Sea, about five kilometres west of the Balder field and about 200 kilometres north-west of Stavanger. … Read More
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Brent dips below $28 as end to Iran sanctions set to worsen glut

Brent oil traded near $28 a barrel as it extended declines after international sanctions on Iran were lifted, paving the way for increased exports from the OPEC producer amid a global glut. Futures lost as much as 4.4 percent in London, slipping to t… Read More
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Tough times for sure, but the future of North Sea remains bright

With the oil price hovering at $30/bbl, it is unsurprising that some are claiming that the North Sea is dead, however they could not be further from the truth. In the last couple of months we have seen a huge step up in the number of acquisition oppo… Read More
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Shell boss says BG deal is “sensible risk to take”

Shell boss Ben van Beurden is optimistic that shareholders will overwhelmingly back its mega-merger with rival BG Group as investors mull the final case put out by both oil giants later this week. The deal, worth £34billion, is set to create the west… Read More
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Plenty of interest in OTC, says travel boss

Energy travel specialist Munro’s has reported positive interest from UK companies keen to attend the world’s top oil show this year in Texas. The Offshore Technology Conference (OTC) in the US oil capital of Houston is being held from 2-5 May. Execut… Read More
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Saudi Oil Minister says he’s optimistic crude prices to rise

Saudi Oil Minister Ali al-Naimi said crude prices will rise and foresees that market forces and cooperation among producing nations will lead in time to renewed stability. “I am optimistic about the future, the return of stability to the global oil m… Read More
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Premier Oil’s shares suspended for third day

Premier Oil shares remained suspended yesterday amid uncertainty over the status of the firm’s latest North Sea investment. The stock was worth 19p per share before Wednesday’s request from London-based Premier to halt trading, due to its £83million-… Read More
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Seadrill defers delivery of two drillships from DSME shipyard

Seadrill said had has reached an agreement with the DSME shipyard to defer the delivery of two ultra-deepwater drillships. The post Seadrill defers delivery of two drillships from DSME shipyard appeared first on Energy Voice. … Read More
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Chevron moves one step closer to Gorgon milestone

Oil major Chevron will soon mark a milestone in its preparations to start exports from its Gorgon LNG project in Australia. The company's $54billion project could soon be marking its first shipment after the company said an LNG cargo had arrived at i… Read More
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BHP hit with a $4.9b impairment, reduces onshore rig count

BHP Billiton said it expects to be hit with an impairment charge of $4.9billion post-tax against the carrying value of its onshore US assets. The company said the charge will be recognised as an exceptional item in the financial results for the half … Read More
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In case you missed them: Energy Voice’s Friday Five with SengS

Each week, Energy Voice pulls together the Friday Five. Click below to see the site’s most read and engaged with copy of the week. The post In case you missed them: Energy Voice’s Friday Five with SengS appeared first on Energy Voice. … Read More
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