Lubricants business ‘cutting out the middle man’
AN EXPANDING Scottish oil lubricants business is hoping to grow substantially after taking its first import of oil yesterday.
Endeavour fuels growth with North Sea acquisition
il and gas firm Endeavour International said today a £200million-plus deal to buy a chunk of North Sea production would help it become one of the larger independents in the basin.
Nautical to buy Nottingham onshore stakes
Oil and gas company Nautical Petroleum has agreed to buy 15% interests in two onshore UK exploration licences from Egdon Resources.
BG Norge finds Norwegian oil
The Norwegian subsidiary of UK oil and gas firm BG Group has found oil in two wells in the northern Norwegian North Sea.
Active 2012 planned for Bridge Energy
Oil and gas firm Bridge Energy said today it was looking ahead to an active 2012 after buying a 50% stake in the Duart field from Nexen Petroleum Dragon UK.
Sterling starts offshore Netherlands operations
Aberdeen oil and gas firm Sterling Resources is eyeing its first development offshore the Netherlands after spudding its first well in the area.
DOF Subsea to start 2012 with string of contracts
DOF Subsea has picked up two contracts and a letter of intent totalling more than £100million in value.
Time has come for offshore Ireland?
The boss of Irish oil and gas explorer Providence Resources has hailed the start of a new era offshore Ireland.
Win an iPad in our new energy A-Z contest
WELCOME to 2012 to our Young Energy readers. As it is a new year, we, with the help of Shell, have decided to start a new feature - an A to Z of Energy.
Dormant subsidiaries costing oil firms millions
COMPANIES operating in the UK oil and gas sector could be incurring millions of pounds in unnecessary costs due to dormant companies in their groups, according to research.
Subsea 7 nets £118million North Sea bundle work
Subsea engineering and construction firm Subsea 7 said today it had won an £118million contract to create pipelines for a North Sea project.
Prosafe orders new accommodation rig design
A subsidiary of former Halliburton firm KBR is to design a new advanced harsh environment accommodation rig, to be built by Jurong Shipyard.
BP hands out Forties debottlenecking contract
A SUBSIDIARY of global firm Foster Wheeler has been given an engineering, procurement and construction management contract by BP for its Exploration's Enhanced Gas Separation Project (EGSP) in Scotland.
Oil and gas firms urged to make most of Masters talent
A NEW initiative to help oil and gas firms make the most of MA engineering and energy students has been launched by Aberdeen University.
Award is platform for student’s OIM ambitions
College student Fergus Stewart from Falkirk is top of the class after winning a coveted oil and gas industry award from OPITO.
New plans for Aberdeen’s Viking Moorings
An Aberdeen-based mooring specialist has announced plans to move into new offices in the city as part of UK and international growth plans.
Tudor Rose too thick to be commercial
Oil and gas firm EnCore Oil said today tests on its Tudor Rose prospect had found oil but it was too thick to be commercial.
Dana gears up for growth
Oil and gas firm Dana Petroleum has said it is gearing itself up for a period of growth after appointing a string of new senior staff.
Parkmead ramps up North Sea holdings
Fast growing oil and gas firm Parkmead Group has announced its second acquisition in just over a month after snapping up interest in four North Sea blocks.
Tullow hopeful of hitting plateau on Jubilee
UK-listed oil firm Tullow said today it hoped production from its Jubilee oil field off Ghana would reach 120,000 barrels per day by "early next year".
Sinopec is Brazilian favourite
China's Sinopec has been named as the favourite to buy part of UK oil firm BG Group's stake in some of Brazil's most promising offshore oil areas.
FPSO upgrade delays Ithaca’s Athena
Oil and gas firm Ithaca Energy said today start up on its North Sea Athena development had been set back due to delays converting the floating production vessel earmarked for the field.
Rockhopper shifts into development mode
ockhopper Petroleum said today it had begun to set out its stall to potential partners as it shifts into development mode on its Falklands Sea Lion field.
Leviathan takes on Sea Jack mantle
Developers of an offshore wind farm off the coast of East Anglia have hired in a new installation vessel to help reduce delays on the project.
Golden Eagle jacket contracts go to the Netherlands
Nexen Petroleum has given a major fabrication contract for its £2billion Golden Eagle development to Heerama Fabrication Group.