Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRDSA.L Share News (RDSA)

  • There is currently no data for RDSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK North Sea Oil And Gas Operators Face Strike By Helicopter Pilots

Wed, 19th Aug 2015 09:18

LONDON (Alliance News) - Oil and gas companies operating in the North Sea could be hit by potential strike action planned by the British Airline Pilots Association, which represents a large amount of helicopter pilots that serve the industry in the area.

BALPA said last week that over a third of the helicopter pilots operating in the North Sea held a meeting in Aberdeen in Scotland to discuss issues in the North Sea for helicopter operators, which are considering redundancies due to the knock-on effect of lower oil prices.

BALPA says it works with the UK Civil Aviation Authority, government departments and other professional bodies where "the voice of the pilot is needed". It represents pilots in around 26 companies.

Back in July, BALPA said its members that operate in the North Sea wrote to the government to call for a summit on North Sea jobs, after Bristow Helicopters announced it will make 130 people redundant due pressure on the North Sea oil industry.

That was then followed by CHC Scotia announcing there would be 50 job losses in Aberdeen in the second week of August.

Around half of those 180 job losses will be pilots with the other half being made up of other staff members at the organisations.

Commenting on the meeting last week, BALPA said: "The meeting was appalled to hear the employers' approach to the redundancies, at the ruthless exploitation of the weak market by the oil and gas majors, and at the consequent real risk to safety in the North Sea. There was an overwhelming call for BALPA to run a ballot for strike action," it said last Friday.

BALPA said the oil and gas majors are "exploiting the crazy competition" and said any redundancies would be "bad for employees, bad for business, bad for the UK economy and bad for safety".

BALPA said the ballot would close on Tuesday. However the results of the ballot have not yet been released, and it is not yet known whether the strike action will go ahead. A spokesman from BALPA told Alliance News the results of the ballot are likely to be announced sometime on Thursday afternoon.

Oil and Gas UK, which represents the majority of companies operating in the North Sea, said it was "disappointed" by the decision and said strike action would only "exacerbate the real challenges".

"The combination of high costs and lower oil prices is proving extremely testing for the industry and operators and contractors across the sector are having to adapt to the challenging business environment. Difficult decisions must be made; however, safety remains a core value at the heart of the sector?s activities. While the industry responds to these new circumstances, industrial action will only exacerbate the real challenges facing the business," Oil and Gas UK said.

Companies operating in the North Sea include majors such as BP PLC, Royal Dutch Shell PLC, BG Group PLC, BHP Billiton PLC, Centrica PLC, Premier Oil PLC, Cairn Energy PLC and smaller companies like Parkmead Group PLC, Europa Oil and Gas (Holdings) PLC, Independent Oil and Gas PLC and Trap Oil PLC.

By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
27 Oct 2022 07:30

Shell announces $4bn share buyback as Q3 profits beat expectations

(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.

Read more
21 Apr 2022 11:53

Shell turning to China to offload Russian business - report

(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.

Read more
15 Feb 2022 15:54

Shell preparing to sell North Sea gas fields - report

(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, part of an ongoing retreat of long-time producers from the ageing basin.

Read more
7 Feb 2022 10:52

Berenberg nudges up target price on Shell

(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating the firm was "on a roll".

Read more
31 Jan 2022 10:53

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

Read more
31 Jan 2022 07:48

LONDON MARKET PRE-OPEN: WeBuyAnyCar owner buys into Lookers

LONDON MARKET PRE-OPEN: WeBuyAnyCar owner buys into Lookers

Read more
28 Jan 2022 11:25

Shell's renewables boss steps down after less than two years

* Elisabeth Brinton leaves for new role, she says* Shell creates two new renewables leadership roles* Thomas Brostrøm to head renewables generation* Steve Hill to head energy marketingBy Ron BoussoLONDON, Jan 28 (Reuters) - Shell's head of renewable...

Read more
27 Jan 2022 16:14

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
26 Jan 2022 17:02

LONDON MARKET CLOSE: FTSE 100 soars ahead of Fed as oil, travel gain

LONDON MARKET CLOSE: FTSE 100 soars ahead of Fed as oil, travel gain

Read more
26 Jan 2022 14:36

China's Sinopec awards fewer cargoes in recent LNG tender

By Chen Aizhu and Marwa RashadSINGAPORE/LONDON, Jan 26 (Reuters) - Unipec, the oil and gas trading arm of China's Sinopec Corp has awarded fewer-than-planned cargoes in a recent tender to sell up to 45 cargoes of liquefied natural gas for 2022 del...

Read more
26 Jan 2022 12:16

LONDON MARKET MIDDAY: Markets brace for aggressive US Fed tightening

LONDON MARKET MIDDAY: Markets brace for aggressive US Fed tightening

Read more
26 Jan 2022 09:33

UPDATE 2-Commodity, bank stocks lead FTSE 100 higher; Playtech drops

* Oil and banking shares top gainers* Wizz Air reports Q3 loss, expects improvement in spring* FTSE 100 up 1.3%, FTSE 250 add 1.1% (Updates to market close)By Shashank Nayar and Ambar WarrickJan 26 (Reuters) - London's FTSE 100 rose on Wednesday wit...

Read more
26 Jan 2022 09:12

LONDON MARKET OPEN: Fresnillo drops on 2022 production warning

LONDON MARKET OPEN: Fresnillo drops on 2022 production warning

Read more
25 Jan 2022 21:13

UPDATE 1-U.S. awards 13 mln barrel exchange of crude from strategic reserve

(Adds details on sale, background on 50 million barrel SPR plan)WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to ...

Read more
25 Jan 2022 20:10

U.S. awards exchange of 13 mln barrels of crude from strategic reserve

WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to seven companies.The companies are Shell Trading US, 4.2 million ...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.