Wednesday 31 August 2016
 
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North Sea

BP orders North Sea platform evacuation over storm

BP said it ordered a total evacuation of its Valhall platform in the North Sea on Thursday after a barge broke its anchor and was drifting towards the installation following a storm. "The barge has changed direction and BP ha

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One dead after wave hits N Sea drilling rig

One person died and two were injured on Wednesday when a big wave hit a rig belonging to China Oilfield Services Ltd that had been drilling at the Statoil-operated Troll field offshore Norway. The companies were informed at around

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Stork picks Emerson sand monitoring solution

Stork, a global provider of knowledge-based asset integrity services, has installed Emerson Process Management’s wireless sand erosion monitoring solutions on a major North Sea operator’s installation. The collaboratio

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Tata Steel wins major contract in North Sea project

India-based Tata Steel has been awarded a multi-million pound contract for the Maersk Culzean project located in the UK central North Sea – one of the largest discoveries in the region in the last 10 years. The company will

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Total puts prime North Sea field on the block

French oil major Total is selling its stake in the North Sea Laggan-Tormore oil and gas field as it seeks to shed assets after a steep fall in the oil price, banking sources said. Total is hoping to get up to $1.5 billion for its

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Shell to dismantle North Sea oil platform

Oil company Shell intends to start a 10-year process to dismantle and remove one of Britain's oldest and biggest oil platforms, Brent Delta, the company said on Tuesday. Britain's North Sea basin is one of the most mature

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North Sea rig closures may hit UK oil output

Britain's oil industry is facing the threat of a cascade of North Sea rig closures, unless ageing platforms can urgently source more gas to help squeeze out the remaining barrels, said experts. The potential threat to oil reve

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Oil slips below $106 on growth concerns

Oil edged below $106 a barrel on Tuesday, weighed down by concerns that weak data from the US and China, the world's largest consumers of oil, could slow global growth though a spate of supply problems offered some support. A

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Drydocks World in $730m rig deal

Drydocks World, the Dubai-based group which has undergone a multi-billion-dollar debt restructuring, said it had been commissioned to construct “Dubai Expo 2020 NS,” the largest rig ever built for the North Sea in a deal worth $730 m

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Taqa swings to H1 loss on operational issues

Abu Dhabi National Energy Company (Taqa) has reported a net loss of Dh66 million ($17.9 million) in the first half of the year as against a profit of Dh981 million for the same period of 2012 on operational issues. For the second

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