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North Sea unions to receive revised OCA pay offer

Union officials said today that the Offshore Contractors’ Association (OCA) would make a revised pay offer for North Sea workers. “Constructive” talks between the two organisations were held today after discussions were cancelled three weeks ago. Unite regional officer John Boland confirmed that a new “revised offer” would soon be sent out to union members. […]

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December 13, 2018, 7:32 am | Author: David McPhee

Aker Solutions boss appointed to OGUK board

A boss at Aker Solutions has been appointed to the board of Oil and Gas UK (OGUK). Sian Lloyd Rees, UK country manager and SVP of customer management at Aker Solutions, will represent the services sector as the trade association looks to boost supply chain opportunities. Looking at North Sea and foreign markets, OGUK confirmed […]

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December 13, 2018, 5:58 am | Author: David McPhee

Faroe says DNO criticism a tactical ploy to distract from lowball offer

Faroe Petroleum bosses said today that criticism aimed at them by DNO was a “tactic” to draw attention away from the Norwegian firm’s low takeover offer. Aberdeen-headquartered Faroe reiterated its call for investors to snub DNO’s “unsolicited” bid of 1.52p per share. Faroe also accused DNO of trying to exploit the recent drop in oil […]

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December 12, 2018, 2:18 pm | Author: Allister Thomas

Sentencing ‘pushed back’ in North Sea bribery case

The sentencing of North Sea logistics executives convicted of bribery has been pushed back into 2019. Last month, a £16 million bribery case involving FH Bertling resulted in the conviction of nine people. However, a spokesman for the firm confirmed today that sentencing has been pushed back to January 3 2019. Chris Brooks, head of […]

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December 12, 2018, 1:01 pm | Author: David McPhee

Video shows life under the North Sea for saturation divers

Incredible footage has been released giving a rare glimpse into life beneath the surface for North Sea saturation divers. The video, posted to Youtube by user “diverandy77”, shows a team of three going under via a dive bell from a support vessel. They proceed to carry out maintenance tasks on subsea infrastructure before eventually returning […]

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December 12, 2018, 12:37 pm | Author: Allister Thomas

Updated: DNO calls Faroe offer ‘rare opportunity to exit illiquid’ company

Norwegian firm DNO has taken yet another dig at the Aberdeen oil firm it is trying to acquire. DNO will today publish its cash offer for Faroe Petroleum of 1.52p per share, describing the proposal as “full and fair”. A war of words between both sides erupted earlier this year when DNO raised its equity […]

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December 12, 2018, 10:15 am | Author: Mark Lammey

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