Altra Energy has secured a contract said by industry sources to be worth around £100million to deliver front-end engineering design (FEED) for a new satellite production platform for Apache's Forties field.
New UK North Sea oil and gas operator EnQuest, formed in a spin-off of assets by British energy services group Petrofac and Sweden's Lundin Petroleum, is to get backing of £180million to pursue acquisitions.
International energy service company Hunting said yesterday that trading remained in line with its expectations in the period from January 1 to April 21.
A Scottish-Australian mining joint venture is targeting 1billion tonnes of clean coal from deep beneath the Firth of Forth to generate electricity for Scotland.
US oilfield service giant Halliburton reported a 46% year-on-year fall in first-quarter profits yesterday to £133.76million, blaming currency devaluation and tax charges in Venezuela and weak demand except in North America.
THE managing director of RTH Lubbers UK International Transport is predicting that the firm could see its Aberdeen turnover and staff numbers double within two to three years. Tony Tailford said the Dutch-owned oil and gas equipment transport specialist had opened in the Granite City 10 years ago, but even three years ago had a staff of just 10.
Rockhopper, the Falkland Islands-focused oil and gas explorer, said yesterday it had begun drilling its Sea Lion prospect, using Diamond Offshore UK's Ocean Guardian drilling rig.
Aberdeen company Altra Energy said yesterday it was positioned for significant growth and was aiming to create about 200 jobs over the next three years.
Aberdeen energy service company Wood Group said yesterday it had been awarded a significant three-year extension to a contract, plus two optional years.
North Falkland Basin explorer Desire Petroleum, said yesterday it planned to drill a deeper target on its Liz exploration well, where it emerged earlier this week that the initial hole had been disappointing.
Valiant Petroleum said yesterday that 2009 had been a transformational year for it as it swung into profit following the start of production from fields north-east of Shetland.
Some 26 Scottish companies and organisations have been taking part this week in Australia's largest oil and gas show in Perth, all but one of them with headquarters or a base in the north-east.