French energy giant GDF Suez has handed out a five year, multi-million pound contract to Sentinel Marine to provide an Emergency Response & Rescue Vessel (ERRV) to support drilling operations in the Southern North Sea.
Alan Curran has become the new chief executive of Bridge Energy and will oversee a £300million UK offshore spending spree. Mr Curran, who was formerly the chief oper
Operators drilling difficult high-pressure, high-temperature oil fields in the North Sea are pushing the Treasury to improve a tax break to make production more affordable.
Well services giant Expro International hailed record sales growth as deep water activity - particularly in Asia - narrowed the firm’s bottom line losses.
Cable Solutions Worldwide hailed a multi-million pound deal with Aker Solutions and Kvaerner as a “game changer” for the firm’s fortunes.
North Sea pioneer Algy Cluff’s coal gasification business is well placed to set to help secure UK energy supply, a report has claimed. Cluff Natural Resources, which owns a number of near-shore licensed fields where coal can used to produce “syngas”, is estimated to be sitting on a potential 3 trillion cubic feet of natural gas on a conservative conversion, analysts at brokers Panmure Gordon said
Aberdeen-based ATR Group has invested £1million in new equipment and almost doubled its workshop facility to meet a growing demand from the subsea sector.
Shell UK has chartered a new Class A tanker from standby vessel operator Atlantic Offshore Rescue to support operations in the Gannet, Annasuria and the Dana Petroleum Triton Asset in the central North Sea.
Oil & Gas UK last night welcomed a report by the Health and Safety Executive (HSE) on extending the use of North Sea assets that have exceeded their design life but are still in use.
The perception that engineering is a male-dominated trade is putting women off entering lucrative careers in the oil and gas industry.
Hungarian oil firm Mol Group celebrated its arrival as the first major new player in the North Sea in the last year at an event in Aberdeen yesterday.
The brother of London Mayor Boris Johnson made a rare foray into the Highlands to welcome the official opening of a windfarm outside Garve in Ross-shire.
Chevron has become the first major international oil producer to do business with Mexico's state oil firm Pemex since the country passed landmark legislation to reopen doors to foreign producers.
Oil services firm Aker Solutions is injecting £420,000 into its newly acquired environmental business on Orkney.
North Sea oil giant Talisman Sinopec has shocked the North Sea oil community by announcing the sudden departure of its UK chief executive, Geoff Holmes.
Engineering and project management provider Costain Upstream has said it has secured £12million of contracts since its launch in February.
Independent oil and gas explorer Ithaca Energy saw its share price plummet 11% on Friday after its development partner said delay in delivering a production vessel would hit its key North Sea field.
Talisman energy boss Harold Kvisle has received a resounding vote of support at the company’s annual general meeting.
Five oil and gas industry veterans have joined forces in a new business aimed at catching the incoming tide of North Sea decommissioning projects. Former Xodus Group co-founder Richard Heard will lead Strategic Decommissioning Consultants, which launched this week.
Oil services companies in Aberdeen are set to follow the lead of Wood Group PSN, which announced plans to slash rates it pays to contractors 10% in an effort to cut spiralling costs.
The eleventh DEVEX Conference focusing on major reservoir development opens today at the Aberdeen Exhibition and Conference Centre (AECC).
Total international sales from Scotland’s oil and gas supply chain companies have hit record levels, new figures show. The value of overseas sales for the sector hit £10billion in 2013, an increase of 22% over the previous year, according to an annual study by economic development agency Scottish Enterprise.
Eyes are on Scottish oil and gas group Cairn Energy as it faces the departure of two top executives, as well as chairman and founder Sir Bill Gammell.
Scottish firms in the oil and gas supply chain are internationalising at a rapid pace - even more so than their counterparts in the rest of the UK, according to a recent survey.
Scotland is well represented once again at the world's top energy show, which kicks off in the US on Monday.
