Nautronix wins £4m orders for Noble drillships
ABERDEEN marine-technology company Nautronix has been awarded orders worth more than £4million for acoustic systems to be used on new Noble drillships.
Xcite submits development plan for North Sea field
Aberdeen-based oil and gas explorer Xcite Energy submitted its development plan yesterday for its UK North Sea Bentley field to the Department of Energy and Climate Change.
TGS to carry out survey
NORWEGIAN geoscience firm TGS is to carry out a 3D seismic survey over 1,553 square miles west of Shetland.
Scottish engineer boosted by record growth in oil and gas
Scottish engineering group Weir said yesterday it expected to beat its own year-end projections after record growth in its oil and gas division.
This year’s show the biggest yet
Next month's Offshore Europe show is to be the largest in its history, according to organisers of the biennial Aberdeen event.
Decommissioning conference set to be big draw
A BIG turnout is expected for a North Sea decommissioning conference in Scotland later this year.
Technip launch boosts north-east’s credentials in renewable energy
The north-east's renewables credentials were given a boost yesterday as engineering and construction group Technip launched its new offshore windpower division and signed an agreement with Iberdrola.
Xcite hails progress on Bentley
OIL explorer Xcite said yesterday it had seen important progress on its plans for the development of the UK North Sea Bentley field during the second quarter.
US giant’s quarterly profits jump
US OIL giant Chevron posted a 43% jump in quarterly profits yesterday on the back of higher prices for crude and refined products.
Shell reports sharp rise in profits
Oil giant Royal Dutch Shell became the latest energy major to report a sharp increase in second-quarter profits on the back of high oil prices.
Technip raises outlook as firms boost budgets
ENERGY service group Technip raised its full-year outlook yesterday, saying it had benefited from increased spending by oil and gas companies to tap new reserves.
Profits up but Talisman trims production estimates
TALISMAN Energy reported increased profits but revised down its annual production estimate yesterday as it revealed the UK North Sea tax rise would cost it £25million.
North firm to continue with windfarm plan despite setback
A HIGHLAND marine energy firm aims to carry on with what is claimed to be one of the world's largest wave projects after losing the backing of German company RWE.
BG unfazed by near-£200m hit from North Sea tax raid
Oil and gas operator BG Group yesterday revealed a near-£200million tax hit as a result of this year's controversial North Sea tax grab.
BP boss sees need for ‘realistic patience’
BP CHIEF executive Bob Dudley said there was a need for realistic patience after the oil and gas giant struggled to impress investors with its long-term plans yesterday.
Baker posts 41% leap in revenue
GLOBAL energy service giant Baker Hughes posted a jump in second-quarter revenue yesterday.
Sterling hails approval for £400m Breagh gas project
Banchory-based Sterling Resources has been given official approval to develop its first large-scale venture, marking a major milestone in the oil and gas explorer's growth.
Grid’s US cuts ‘on target’
NATIONAL Grid said its efficiency programme in the US was on target to save £122million by March.
Good prospects for fabrication
THERE has been a swing in the weather vane of UK North Sea platform fabrication - and it is starting to show.
Courses boost sector skills
DEGREE-level education aimed at boosting skills in energy in the east of England has long been an aspiration - but not for much longer.
EnQuest rewards supply vessel’s crew
THE crew of a North Sea offshore-supply vessel were treated to a sit-down lunch on the deck of their ship to mark a safety record milestone yesterday.
Equipment specialist set to grow
YOUNG but growing oil field equipment specialist Titan Torque Services has its sights set on global expansion after proving its mettle in the UK.
Roman baths could float biofuel idea
ROMAN baths have a reputation for their restorative health properties, but could now be the key to unlocking commercial scale production of biofuel from algae.
Arctic wind turbine now in development
A FINNISH firm which brought wind turbines to the icy region better know for its tourism links to Father Christmas, now has its sights set on the Arctic.
Students scoop top awards
STUDENTS have been recognised for their contribution to energy industry business at the annual Year in Industry awards.