OGUK welcomes government promise of assistance to offshore sector

Published by Nicholas Woodroof, Editor
Oilfield Technology, Monday, 23 March 2020 12:00

Industry body OGUK, which represents over 400 companies in the UK's offshore sector, has welcomed the UK government’s announcement of help for both workers and companies in the wake of the Covid-19 pandemic, the oil price crash and low gas prices.

Deirdre Michie, Chief Executive of OGUK, said:

“Many of the companies in our industry, especially in the supply chain, are still financially fragile after the previous oil price crash, so the triple whammy we now face is particularly dangerous. In that context the strong response from the UK Government and their clear determination to support both workers and companies is very welcome. It is now crucial to ensure companies can easily and rapidly access this money as for many businesses and individuals cash flow is now vital.”

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/23032020/oguk-welcomes-government-promise-of-assistance-to-offshore-sector/

Saipem: third extension of contract with Aker BP for Scarabeo 8 for offshore drilling activities in Norway into 2028

Friday 19 December 2025 10:30

Saipem announces that Aker BP has exercised a new option to extend the contract for the semi-submersible drilling unit Scarabeo 8, prolonging its deployment for an additional year.

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