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News on North Sea.

Total's North Sea employees complain of "stress and anxiety"

Maersk Oil's sale to Total has taken a big toll on the employees on the Dan F platform in the North Sea, where several staff voice concerns about stress and are looking for new jobs. In an internal document, an employee warned of deteriorating safety.

British North Sea crude can be used as low-sulfur ship fuel

Crude oil from a field in the British North Sea contains so little sulfur that it can almost be used directly as ship fuel complying with the new global sulfur requirements that take effect next year. Major tanker company has bought the first shipment.

Noreco completes major Shell acquisition

Oil company Noreco completes its total acquisition of Shell's oil and gas extraction in the North Sea, thus becoming the second-largest producer of oil and gas in Denmark.

Aker BP strikes high-grade North Sea oil

Oil company Aker BP has successfully located oil from its license number 442's ninth prospect drilling in the North Sea. The company has found oil of an extremely high-grade, the Norwegian Petroleum Directorate informs.

Big strike among Norwegian rigs workers canceled

In the small hours of the night, the trade unions representing Norwegian workers on a numbers of rigs reached agreement with the Norwegian Shipowners' Association to increase wages substantially. Thus averting a strike among 1,500 rig workers.

EIA projects lower oil demand

The US Energy Information Agency is lowering its forecast for global oil demand in 2019, according to Reuters. US oil inventories rise above expected levels.

Siem Offshore eyes rate improvements in 2019

Siem Offshore reduced its losses in the first quarter of this year compared to last year. For the PSV segment, demand is rising, while contracts in another segment are "non-existing," states quarterly report.

Media: Offshore carriers ditch Equinor contracts

Equinor pays so little to offshore shipping companies that some of them prefer to have their ships berthed rather than working for the partially state-owned oil company, says the industry. The matter is now being addressed politically in Norway.

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