Apache Corporation, the North Sea’s third-biggest producer behind BP and Royal Dutch Shell, has hired Goldman Sachs to find a buyer.

Norwegian oil giant Statoil is looking to reduce its offshore workforce by 500 people, Dagens Næringsliv (DN) has reported.

According to the Alaska Department of Environmental Conservation, firefighting capability and monitoring will be maintained through the night and the Unified Command will remain active until the platform is fully secured.

Fugro has been awarded a contract by BP Exploration Operating Company Ltd for the provision of wellhead and riser monitoring services.

Port of Dundee operator Forth Ports said it will focus its efforts on enhancing the city’s position in the North Sea oil sector, as profit at the group leapt thanks to revaluations and finance credits.

The deadline for comments on changes proposed by the Petroleum Safety Authority Norway (PSA) to regulations for lifeboats on offshore facilities expired on October 1, 2014.