Shell set to report £28.1bn surplus
Energy major Shell is expected to reveal pre-tax profits of about £28.1billion when it reports annual results on Thursday.
£39m Tonto project
Oil and gas operator Apache North Sea said yesterday it would invest nearly £39million to develop a new project close to its giant Forties field.
Decom forum
Decom North Sea, the offshore oil and gas decommissioning forum, is hosting a lunch in the Palm Court Hotel, in Aberdeen on Wednesday to give supply-chain firms the opportunity to present and share their offshore decommissioning capabilities.
Irish green energy deal
Energy Secretary Ed Davey agreed yesterday to move forward with a deal that could see the UK’s renewable energy targets being partially met by green-electricity imports from Ireland.
EnQuest snaps up 8% stake in Alba
UK North Sea oil and gas company EnQuest said today it had bought two companies holding an 8% total stake in the Alba oil field from Cieco of Japan for an initial £18.75million.
Subsea awards finalists revealed
Subsea UK has announced the shortlist of finalists for the 2013 Subsea Business Awards.
McColl plans to open oil and gas service sites in Aberdeen
One of Scotland's leading entrepreneurs, Jim McColl, revealed plans today to open two oil and gas service centres in Aberdeen employing dozens of people this year.
Nexen gets go-ahead for North Sea development
Oil firm Nexen said yesterday that it had received approval from the Department of Energy and Climate Change to develop the Solitaire oil field about 43 miles north-east of Aberdeen in the central North Sea.
Premier Oil planning to drill 14 wells
Premier Oil said yesterday it planned to drill 14 exploration wells this year with earliest results due next month from its Indonesian Matang-1 well.
UK exploration up by third
Tax allowances and high oil prices boosted drilling in the UK North Sea by one- third last year, according to a review published today.
Pupils given insight into energy skills
A retired teacher is behind a government and industry-supported initiative to help young people into the energy industry.
Bibby unit crewing up as fleet expands
Subsea specialist Bibby Offshore said yesterday it was to create nearly 50 jobs after its support division chartered another vessel.
GSA to swallow lion’s share of Ithaca budget
Ithaca Energy said yesterday that most of this year's £224million capital expenditure would go on the Greater Stella Area (GSA) development in the North Sea.
EPC adding extra 35 staff
Aberdeen project-management firm EPC Offshore has started recruiting an additional 35 people for its offices in the city.
Confidence lifted by high oil prices and improved UK fiscal climate
An annual review of the oil and gas exploration and production (E&P) sector by market analyst Wood Mackenzie found high oil prices and constructive tax talks between the UK Government and industry had increased investor confidence.
Entier adding 85 workers after big win
Aberdeen-based catering and facility-management business Entier is to add a further 85 people to its workforce after winning a three-year deal with energy service company Technip.
£1.5m bid for Orchid
Trap Oil said yesterday it hoped to acquire an additional 45% of the Orchid oil prospect from Summit Petroleum and become operator.
Trap says North Sea exploration well 16 days behind schedule
Trap Oil said yesterday that drilling of the Romeo exploration well had fallen 16 days behind schedule.
Green targets on track
Britain is on track to meet European renewable-energy targets, according to UK Government figures out yesterday.
Stork to develop talent
Stork Technical Services has welcomed the first intake of trainees on to its recently-launched UK graduate training programme.
Oil worker airlifted
An offshore worker was airlifted to hospital yesterday after falling ill. The 37-year-old man was taken ill on the semi-submersible Stena Spey at about 8pm.
Trap Oil has Athena stake
Trap Oil says it has completed its acquisition of a 15% stake in the Athena oilfield, 112 miles north-east ofAberdeen, for £31.8million.
Financial firepower increased
Faroe Petroleum has announced a significant increase in its bank credit.
Exciting Western Isles project
Aberdeen-based Dana Petroleum says that a £989million project to bring on stream two UK oil fields which was given the go-ahead this week will produce over 200 jobs, and a significant amount of supply, engineering and construction work.
£20m Lewis wave power station project abandoned
A £20million plan for one of the world’s first wave power stations off Lewis has been shelved.