Centrica, the oil and gas operator, said yesterday a further appraisal well had been successfully drilled in the Cygnus gas field, which is potentially one of the most significant undeveloped gas fields in UK waters.
A small Scottish firm said yesterday it had signed a deal with a state-owned Chinese manufacturer in a bid to develop and market steel structures for the global offshore wind energy industry.
Sigma Offshore has secured a US patent for its smart mooring system (SMS) as a prelude to a major push for international growth.
SAFEWELL Solutions, a Banchory firm which develops air-purity analysers, is to launch its Mk 2 analyser in association with global business partner Donaldson Filtration on Thursday at its Brathens Business Park premises.
WOOD Group said yesterday that its financial performance this year would not be materially impacted by the Gulf of Mexico (GoM) blowout and oil spill.
International energy service group Hunting said yesterday that, despite current events in the Gulf of Mexico (GoM) and sluggish natural gas prices, its overall trading in the first half of 2010 had been very positive.
ABERDEEN firm OEG Offshore has secured two significant rental contracts worth a combined £1.6million with Total E&P Netherlands and Marathon Oil.
MARINE Subsea UK has won a series of contracts worth more than £2million to carry out a multi-client well abandonment programme for operators in the North Sea.
A FAST-GROWING Aberdeen valve company has been awarded what it says is a highly significant "valve-healthcare" contract by Wood Group.
SCOTTISH fabrication and engineering company Isleburn has secured North Sea contracts worth nearly £5million with BP for two structures which will be fabricated at its facilities around the Cromarty Firth and assembled at its new Invergordon base.
Norway has reduced to 94 from 100 the number of blocks on offer in its 21st oil and gas licensing round, but has still included 12 deepwater blocks following the Gulf of Mexico oil spill, disappointing environmentalists.
OIL, gas, and petrochemical industry valve provider HS Pipequipment (HSP) said yesterday it had promoted Derrick Mackenzie, general manager of its Aberdeen division, to its board.
SeaEnergy said yesterday it planned to sell all or most of its 80% stake in subsidiary SeaEnergy Renewables (SERL) and had already had some approaches.
Expro has reported sharply lower revenue and operating profits for the year to March 31 because of the downturn in upstream oil and gas activity fuelled by lower oil prices.
Fairfield Energy has announced its intention to float and have its shares listed on the main market of the Stock Exchange.
A body set up to make sure UK businesses are ready to secure opportunities from oil and gas decommissioning work has seen membership numbers jump.
ABERDEEN hydraulic-engineering company DE Hydraulics said yesterday it had been awarded a contract by Weatherford International worth several million pounds over five years.
SCOTTISH oil and gas operator Cairn Energy said yesterday it had gained approval from the Greenland government to go ahead with the first two exploration wells of a four-well programme planned this summer.
SPEX, which claims to be the largest independent provider of speciality explosive services in the UK, has revealed it received a £1million investment from Aberdeen entrepreneur Jamie Oag.
Aberdeen-based Subocean, which specialises in marine renewables, has won the best company accolade at the British Renewable Energy Awards.
Subsea 7 said yesterday it had been awarded a large contract by BP for the Andrew area development project in the UK North Sea and it could help to create up to 100 jobs.
Subocean, a fast-growing north-east subsea construction specialist in marine renewables, has established new premises at Great Yarmouth as it positions itself for future growth.
COSALT Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has invested more than £1million in developing its lifeboat division to underpin expansion plans.
Rockhopper Exploration said yesterday it had raised £48.5million before expenses in a share placing.
HURRICANE Exploration said yesterday it had re-entered the Lancaster oil discovery well in block 205/21a, west of Shetland, to test the oil-saturated fractured basement reservoir to establish reservoir properties and its commercial potential.
