Record revenues for Baker Hughes
US oilfield service firm Baker Hughes posted record third-quarter revenue of £3.2billion today, up from £2.5billion a year earlier, as north American onshore activity continued to grow.
US oilfield service firm Baker Hughes posted record third-quarter revenue of £3.2billion today, up from £2.5billion a year earlier, as north American onshore activity continued to grow.
US OIL firm Marathon today posted a rise in third-quarter pre-tax profits to £812million, compared to £644million a year earlier.
Oil and gas field engineering and construction firm Kvaerner has seen a slump in activity but it said the long-term outlook was positive.
Oilfield engineering service group Aker Solutions is to boost its well intervention business by buying the Middle East based well intervention technology business of X3M International.
UK oil and gas explorer Hurricane Exploration said today it had found light oil and gas condensate in its west of Shetland Whirlwind well.
Edinburgh-based oil and gas explorer Bowleven said today it was to drill deeper on its latest offshore Cameroon exploration well.
Oil and gas company Nexen has given £124million-plus contract for two UK North Sea platforms to United Arab Emirates (UAE) firm Lamprell.
Energy services firm Hunting has bought a Houston-based specialist machining firm for £20million.
Danish wind turbine manufacturer Vestas has issued a warning on profits, blaming the delayed commissioning of a new generator factory in Germany.
Former Schlumberger chief executive Andrew Gould is to take over as chairman at energy firm BG Group.
A tidal power device designed by engineering group Rolls-Royce has become the first to supply more than 100 megawatt (MW) hours of electricity to the national grid.
SHETLAND'S own renewable energy exhibition and conference, Dynamic Shetland, takes place next month.
OIL and gas industry services firm Score Group outlined the need to continue training and bringing new people into the industry at a lunch and learn event in Aberdeen last month.
Jack-up vessel firm Seajacks has started work on a new 22,000 sq ft headquarters next to Great Yarmouth's Outer Harbour in East Anglia.
Higher oil and refined products prices help drive sales and profits up oil supermajor Chevron in the third quarter, the firm said today.
Drilling and workover contractor Archer said yesterday it planned to add at least 40 people to its workforce after extending a North Sea contract with Shell.
French energy giant Total said today its third-quarter results were "stable", compared with the previous three months despite a weaker environment.
Oil and gas explorer Desire Petroleum has said its faith in the potential of its Falklands acreage was confirmed by a detailed review of its assets.
The far-reaching implications of national and international energy policy on oil and gas firms is to be the subject of a key industry event in Aberdeen next month.
Norwegian oil firm Statoil today bucked declining production trends, posting a 14% increase in its output in the third quarter.
The high oil price is driving upstream investments in the energy sector, the boss of a major engineering and construction firm to the industry said today.
Oil firm Nexen Petroleum UK has been given the green light for its £2billion development of the Golden Eagle field in the North Sea.
Lundin Norway is to start drilling an exploration well in the Norwegian North Sea after gaining consent from Norway's Petroleum Safety Authority.
Oil giant Royal Dutch Shell said today higher oil prices and its own performance helped it to more than double third-quarter profits.
Oil group BP has been given its first drilling permit off the US coast since last year's Gulf of Mexico disaster.