Scottish and Southern Energy (SSE) said yesterday that, as UK Government proposals to subsidise wind energy projects currently stood, the company might miss out on support for its £1.3billion Greater Gabbard offshore windfarm.
OILFIELD equipment manufacturing firm NOV ASEP Elmar has announced senior new appointments and promotions across the majority of its global locations, which include a site in Aberdeen.
A TWO-YEAR multimillion-pound project to refurbish Marathon Oil's North Sea headquarters in Aberdeen has been completed - without staff missing a day at the office.
ASCO, the Aberdeen-based international oil and gas logistics specialist, has reported a successful 2008, but said this year would be challenging.
Venture Production has issued a robust defence circular to shareholders advising strongly that they should reject Centrica's 845p-a-share offer.
French oil and gas engineering group Technip reported an unexpected increase in second-quarter profits yesterday, against the trend for its sector.
Aberdeen-based oil and gas company Faroe Petroleum said yesterday it had agreed to sell its 10% interest in the Breagh gas field in the southern North Sea gas basin.
Ithaca Energy said yesterday that its production from the Jacky field was ramping up.
Venture Production yesterday revealed that results from an exploration well on its 100%-owned Andrea gas prospect in the southern North Sea were disappointing.
OIL and gas technology firm Red Spider said yesterday it had achieved revenue growth of 150% on a year earlier in the first half of 2009, and had topped £1million in monthly revenue for the first time.
PLEXUS Holdings said yesterday it had won a £600,000 contract from oil and gas operator GDF Suez.
STRICKEN Canadian oil and gas company Oilexco said yesterday it had obtained a court order allowing it to liquidate its remaining assets and reach a compromise agreement with creditors.
Oil and gas operator and explorer Nexen saw its second-quarter profits tumble as crude oil and gas prices plunged from the record levels of last July.
PLEXUS Holdings said yesterday it had been awarded a two-year contract worth about £1.5million by oil operator Talisman.
ABERDEEN company RMS- pumptools has added six new recruits to its growing workforce, which has now seen 16 people join in the past year, taking the total to 72.
INSPECTION and non-destructive testing specialist Applus RTD UK has appointed Dave Andrews as its new managing director.
Ramco Energy saw its shares plunge 41% in early trading yesterday after it said state-owned Iraqi Drilling Company (IDC) had terminated a joint venture (JV) with Ramco associate Mesopotamia Petroleum Company (MPC).
ABERDEEN fastener distributor Grampian Fasteners has landed an 18-month contract valued at about £200,000 with subsea engineering and construction firm Subsea 7.
Cosalt, a provider of safety equipment and services to the offshore oil and gas and marine industries, said yesterday the six months to May 3 had been challenging.
INVERURIE firm Zenith Oilfield Technology was presented yesterday with a Queen's Award for Enterprise for outstanding achievement in international trade.
Trinity International, the Aberdeen-based offshore and remote-site catering and hotelkeeping service provider to the oil and gas industry, has reported soaring profits.
Oil at $80 a barrel could trigger a new US recession, according to energy analyst Douglas-Westwood.
SENERGY, the Aberdeen-based energy service business, has officially opened its new Edinburgh office, with the honours carried out by First Minister Alex Salmond.
VENTURE Production said yesterday it had agreed with Dutch-owned Nuon Energy to sell and farm out a package of minority, non-operated interests in some of its producing, development and exploration gas assets in the UK southern North Sea.
Venture Production welcomed an announcement yesterday by the Takeover Panel of a "put up or shut up" deadline for Centrica to make a firm offer for the Aberdeen-based oil and gas operator.
