Budget on the hotel menu
Aberdeen and Grampian Chamber of Commerce’s Budget breakfast is on Thursday, March 21, at the Marcliffe Hotel, Aberdeen.
Maersk has 2020 vision
Danish group AP Moller Maersk has highlighted its plans to increase its UK production to 100,000 barrels of oil equivalent (boepd) by 2020.
North Sea ‘key factor’ for Technip
Energy service giant Technip said yesterday its North Sea business was a key factor in it growing turnover by more than 20% to £7.11billion last year.
OMV to spend £1bn
Austrian oil, gas and power firm OMV said yesterday it had invested £33million in exploration and appraisal (E&A) and £55million in development spending in the UK North Sea in 2012.
Boost for Piper Alpha event as more speakers added
Key figures in oil and gas safety have been named to speak at the Piper Alpha 25th Anniversary Conference in Aberdeen this summer.
Altor expects surge in IMC business
Crisis-management specialist Altor Risk Group said yesterday it expected annual turnover at its new Aberdeen incident-management centre (IMC) to increase to £4million within 18 months.
Capital fund seals deal for US oil firm
Clyde Blowers Capital said yesterday it had completed the acquisition of US oil and gas service provider Energy Services International (ESI) for £13million.
Tapping into Oz market
Aberdeen companies will make up 14 of the 25 firms on the Scottish pavilion at this week’s Australian oil and gas show in Perth.
Engineering firm appoints administrators
Troubled engineering group Cosalt announced yesterday it was in administration.
Subsea UK leading trade missions
Subsea UK will lead delegations of UK firms to oil and gas events in Australia and Texas.
Cormorant East in focus
Taqa Bratani development manager Rob Kuyper will be speaking to the Society of Petroleum Engineers (SPE) about the company’s record-breaking Cormorant East field development.
Roy MacGregor – bright prospects for business
Roy MacGregor, executive chairman of Inverness and Aberdeen-based Global Energy Group, sent a positive message to graduates that the North Sea oil and gas industry has never been better. Roy was speaking after giving the annual Absoft Entrepreneurship Lecture at the Aberdeen Business School.
Aker Solutions’ shares tumble
Oil field service group Aker Solutions announced yesterday lower profits for the last three months of 2012 and its share price closed down 10% at 110 kroner.
Update on Logic contracts
Project services firm Hill International will be giving an update on oil and gas cross-industry Logic contracts.
Sharing secrets of success
Roy MacGregor, founder and executive chairman of Global Energy group, gave the annual Absoft entrepreneurship lecture at Aberdeen Business School yesterday.
Amec’s good news but shares dip
Amec reported yesterday that oil and gas revenue was up strongly in UK North Sea last year, but shares still ended the day down 7%.
Dana has new Norway chief
Aberdeen-based Dana Petroleum named yesterday a new managing director for its Norwegian activities.
Apache profits fall
Oil and gas operator Apache reported a fall in profits yesterday, despite a slight rise in turnover.
Union chief to present awards
The general secretary of the Scottish Trades Union Congress will give the keynote address at this year’s UK Oil and Gas Industry Safety Awards.
Tullow profits boost shares
Tullow Oil's share price rose yesterday as its end-of-year results confirmed market expectations as the firm set out an ambitious drilling programme for the coming year.
Plexus contract extended
Oil field technology firm Plexus Holdings said yesterday it had won a contract extension in the North Sea worth £1.5million.
New face on the board
Industry body Oil & Gas UK yesterday welcomed a new board member, Phil Kirk, chief executive of independent oil and gas exploration and production company Chrysaor.
Aiken Group lands £9m of deals
Aberdeen engineering services firm Aiken Group said yesterday it had won deals worth £9million over the last six months and hoped to add substantially to its workforce.
Rig design link-up
Maersk Srilling and BP are to join forces to work on designs for new deepwater rigs.
Energy Minister’s show date
Energy Minister Ed Davey will be among the speakers at the UK’s leading renewable energy show in Aberdeen on Wednesday and Thursday, May 22 and May 23.