WorldOil Marubeni retains Jefferies to market its North Sea oil and gas assets Marubeni Corp. could all but exit the UK North Sea as it looks to sell its main oil and gas fields in the region, according to people with knowledge of the matter. Maersk Drilling secures one-well UK contract for Maersk Resolve Maersk Drilling has been awarded a contract from Spirit Energy for the harsh-environment jack-up rig Maersk Resolve to drill one development well at Grove North East in the UK North Sea. As the world focuses on climate change targets, the Middle East doubles down on oil With the Paris Agreement's decarbonization plans suddenly not ambitious enough for the West, key Middle East producers see an opportunity, and are putting serious money down to cover their bets. UK climate change report underlines fiscal importance of domestic energy supply The Sixth Carbon Budget published by the Committee on Climate Change makes the case for meeting as much as possible of the UK’s ongoing domestic needs from domestic production, warning of the risk that lower production costs internationally could favor imports. Society for Underwater Technology names Dr. Cheryl Burgess new Chief Executive The former Director General of the Pipeline Industries Guild, Dr. Burgess’ extensive international expertise from her years with UK Trade and Investment and the Society of British Gas Industries will bring benefit to the SUT’s international Branches and interests. CGG, Magseis complete North Sea’s largest OBN seismic survey Covering two highly prospective areas of the UK Continental Shelf, the OBN Cornerstone 2020 survey project represented a total of 813,000 man-hours with zero Lost Time Incidents. UK oil and gas sector confidence plunges to record lows Reduced activity levels, project cancellations and workforce cuts as a result of the coronavirus pandemic have slashed business confidence across the UK’s oil and gas sector, according to an industry report. OGUK report offers first insight into impact of pandemic on offshore jobs The number of workers on offshore oil and gas installations decreased by around 4,000 as the UK went into lockdown in March this year, official figures published by industry body OGUK confirm. Canada’s Suncor considers selling North Sea oil and gas fields After a slow start to the year as the coronavirus crisis disrupted plans across the industry, asset-sale activity in the North Sea has picked up in the second half. Enpro Subsea enables safe removal of ‘attic’ oil from Brent Bravo’s concrete cells Enpro’s patented technology enabled the safe access and removal of ‘attic’ oil from concrete storage cells at the base of the Brent Bravo platform in 140m water depth. The system, which on previous campaigns had been deployed direct from platform topsides, was this time deployed from a DeepOcean construction vessel, leading to a significant reduction in operating days per cell.