EnQuest celebrates topping out at new HQ
VIPs from across the region joined EnQuest on Friday as the North Sea oil and gas firm celebrated the topping out of its new Aberdeen headquarters.
Savannah raises $50million with market debut
West Africa-focused Savannah Petroleum has today begun trading on the junior London Stock Exchange under the ticker AIM:SAVP.
Ecosse scoops third seabed clearance deal
Engineering specialist Ecosse Subsea Systems has won its third seabed clearance contract in the North Sea for Dong Energy's newest wind farm offshore Yorkshire.
Rosneft completes Weatherford asset buyout
Russian state oil firm Rosneft has completed the acquisition of oilfield services from Weatherford International in a $500million deal.
BG braces for Queensland walkout
Energy giant BG Group is facing a staff walkout at its Australian liquefied natural gas (LNG) plant on Curtis Island in Queensland.
Woodside shares buyback falls through
Woodside Petroleum shareholders have blocked the firm's planned $2.7billion buyback of stock from Shell.
First Lalla well flows gas for Gulfsands
The first Rharb Centre well, in Northern Morocco, has hit gas, operator Gulfsands Petroleum has reported.
Celtic Array scraps Rhiannon wind farm
Celtic Array, a partnership between Centrica and Dong Energy, looking to develop a huge wind farm in the Irish Sea has pulled out of the project.
Statoil’s Hywind open for Scottish business
Scottish renewables firms have been invited to submit proposals for Statoil’s Hywind floating turbine project, offshore Peterhead.
Afren suspends two bosses in payments probe
Nigeria-focused explorer Afren has temporarily suspended its chief executive and chief operating officer over allegations of unauthorised payments.
Opito tightens GoM underwater training standards
Oil and gas industry skills body Opito has announced changes to its underwater safety training for the Gulf of Mexico offshore workforce.
Lukoil set for Ukraine business sell-off
Russia’s second largest oil producer Lukoil is set to sell its Ukrainian downstream business in a bid to "enhance efficiency" of its Eastern European assets.
ConocoPhillips completes Nigeria business sell-off
US oil giant ConocoPhillips has completed the sale of its Nigeria upstream business to Oando for $1.5billion.
Post-Macondo course tackles well-integrity safety
A new online course is set to test the oil and gas workforce’s basic awareness of well control safety post Macondo.
Latest Frog starts first job with Total
Total’s Nigerian exploration and production team is set to be the first oil and gas company to use a new offshore crew transfer device.
APR year-on-year revenues rocket 203%
Power generation group APR Energy has recorded a 203% year-on-year increase in revenue for the second quarter of the year capitalising on high demand for electricity in Africa and the Middle East
Savannah hoping for AIM status
Niger – focused Savannah Petroleum has announced it was looking to proceed with an initial public offering (IPO) and to apply for listing on the junior London Stock Exchange, the AIM.
Paradigm invests £4.25million in new HQ
North-east oil and gas service firm Paradigm Flow Services has invested £4.25million in new facilities as it targets global expansion.
Petrofac joins Shah Deniz contractor’s club
Oil and gas services provider Petrofac has won a maintenance build contract for the Shah Deniz 2 project worth £5million.
BP profits up as production increases
British oil giant BP has reported a 34% rise in year-on-year profits for its second quarter of the year. The financial spike was driven by increased production and higher oil and gas sales prices.
Babcock promotes finance chief to lead international business
Engineering firm Babcock International has promoted its finance director to the chief executive role of its international division.
EV bridges debt gap with £20million rebanking
HD camera manufacturer for the oil and gas sector EV Offshore has completed a £20million re-banking option with RBS as the company eyes further global expansion.
WorleyParsons scoops North West Shelf job
Energy services firm WorleyParsons has won an engineering, procurement and construction management (EPCM) services contract on the North West Shelf gas project, in Western Australia.
North Sea Atlantic joins Technip fleet
French engineering giant Technip has added a new subsea construction vessel to its fleet in an official ceremony in Bergen.
Early Tarfaya drilling brings dry finds
Initial exploration on the Tarfaya block, offshore Morocco, has found no hydrocarbons, shareholder Tangiers Petroleum has reported.