Valiant to push ahead with Causeway development
VALIANT Petroleum said yesterday the next 18 months had the potential to create a "step change" for the business as it announced strong first-half results.
FMC grows Scottish workforce by 240
A US oil and gas equipment company said yesterday it was growing its Scottish workforce by 240.
Survivex lands £200,000 contract
Offshore survival training specialist Survivex, of Aberdeen, said Tuesday it had awarded a one-year contract worth £200,000 to Entier, the Granite City-based catering and hotel support services company.
Plexus extends deal with Transocean subsidiary
ABERDEEN oil and gas engineering service firm Plexus Holdings has said it has agreed a £2million framework deal with a subsidiary of Transocean.
Abermed appoints new medical director
Aberdeen occupational health specialist Abermed has appointed Dr Steve Boorman as medical director for UK health services.
Maxoil looks to overseas expansion after Aberdeen growth
OIL and gas consultancy Maxoil Solutions said yesterday it was on course to boost turnover by nearly 70% to £5million this year as it grows its international operations.
ExxonMobil in deal with Russia’s Rosneft
Russia's Rosneft and US oil major ExxonMobil today signed a strategic deal to jointly develop oil in the Russian Arctic.
Romar goes International with Norwegian and Bolivian agreements
George Yule Romar chairman said: "We are really enthusiastic about both of these initiatives as it addresses the opportunities within overseas markets which we consider as significant building blocks in the planned future growth of Romar. We are really pleased to be working alongside indigenous companies with such impressive credentials as Petroproducts and Intergas.
Petrofac wins £30m of contracts to aid GDF’s North Sea ops
INTERNATIONAL oil and gas services firm Petrofac said today it plans to create another 100 jobs after winning two North Sea deals with French energy giant GDF's UK exploration and production arm.
Hilton launches dangerous-goods packing service
OFFSHORE laboratory equipment specialist Hilton International has launched two new services and is eyeing growth opportunities outside the UK.
Blackrock ups it’s Wood Group holdings
A global asset-management fund has upped its holdings in energy service firm Wood Group to 18.02%.
Spotlight on Seatech
THE future commerciality of the marine energy industry is being put under the spotlight by a group of MBA oil and gas students at Aberdeen Business School.
Engineering firm has big growth plans
ABERDEEN engineering service firm PD&MS has its sights set on £50million turnover and substantial job growth after launching new operations in Brazil and Dundee.
Costs of UK North Sea project soar again
TROUBLED Norwegian floating production specialist Sevan Marine said yesterday costs had increased again on a project for E.On Ruhrgas in the UK North Sea.
Production slump ‘not major setback’
ITHACA Energy said yesterday a slump in production which helped to halve sales was disappointing, but had not set the firm back.
Windpower opportunities highlighted
THE European offshore wind market could offer huge opportunities to firms in the UK but issues over financing will dictate how fast it takes off, an event in Aberdeen was told last night.
Asco looking for new investment
INTERNATIONAL oil and gas logistics group Asco is looking for new investment so it can double the size of the business in five years.
Amec seeing resurgence of activity in North Sea sector
INTERNATIONAL engineering and project-management company Amec has seen a resurgence in activity in the North Sea.
More incentives needed to boost North Sea production
A new report into the future of North Sea oil and gas production has called for more incentives to promote investment.
Wood Group’s profits soar 49%
ENERGY service giant Wood Group is to continue looking at future acquisitions after posting a near-50% jump in profits in the first half.
Energy group on Norway mission
A UK ENERGY business-support organisation is leading a market visit to explore opportunities in the oil and gas and renewables sectors in Norway.
Company puts its energies into Scots expansion
ENERGY service group 3Sun is looking to expand its Scottish and European operations after opening offices in Aberdeenshire and Norway.
Craig Group’s latest vessel takes to the waves
SHIPPING and energy service company Craig Group launched the first of a £35million fleet of four new emergency-response vessels in northern Spain yesterday.
Aker Solutions aiming to create 300 jobs in Aberdeen
OILFIELD engineering service group Aker Solutions has said it is to boost staff numbers in Aberdeen following a string of contract wins.
Craig’s latest vessel takes to the waves
SHIPPING and energy service company Craig Group launched the first of a £35million fleet of four new emergency-response vessels in northern Spain yesterday.