Getting the world’s oil staff talking
Anthony Onukwu enjoyed being a member of the Society of Petroleum Engineers (SPE) so much he decided to become chairman of the group’s Aberdeen chapter.
Ex-services personnel to help fill the North Sea skills gap
Former military personnel are key to filling the oil and gas skills gap, an industry boss has said.
Scots airport set for new owners
The owners of Aberdeen Airport have said the air base will be sold by the end of the year after confirming it was in talks to sell it along with Glasgow and Southampton.
Repsol confirms Talisman talks
Spanish energy firm Repsol confirmed it was in talks over potential “transactions” with Talisman yesterday as analysts said it could be looking at buying assets rather than the whole company.
Babcock pays back debt after Bond purchase
Engineering and defence giant Babcock International has paid back more than £140million of debt after it bought the owner of Bond Aviation this year.
New helicopter to start flying in the North Sea
A new helicopter model is set to start flying in the North Sea in weeks after getting the green light from the UK Civil Aviation Authority (CAA).
ITC Hydraulics doubles turnover
North-east hydraulics firm has doubled its turnover in two years after winning work with major oil and gas players, including Subsea 7, Aker Solutions, Oceaneering and Archer Drilling.
North Sea exploration faces another crisis year
Exploration in the North Sea has continued to plummet due to ever spiralling costs and firms taking a “wait and see” approach to new regulation and taxes, new research has found.
Tullow Oil to fight £238million tax bill
Africa-focused explorer Tullow Oil has pledged to fight a £238million tax bill after losing a tribunal in Uganda.
Aberdeen well intervention specialist thinks bigger
An Aberdeen firm specialising in the nascent light well intervention sector of the subsea technology market has been singled out by experts for its innovation.
ADIL scoops £3million of work
Oil and gas consultancy ADIL has won contracts worth over £3million in the first six months of the year across its Aberdeen and London operations. The firm reported a 50% rise in revenue to £31million in 2013, and said it was on track to meet “reasonable” growth targets this year.
Private equity giant snaps up OEG in £100million deal
Private equity giant KKR has bought a majority stake of the Aberdeen offshore container manufacturer OEG Offshore Group in a £100million deal.
DECC lowers figures of recoverable oil and gas in North Sea
The Department of Energy & Climate Change (Decc) has revised down its estimates for the amount of oil and gas there is left to recover in the North Sea by between 1billion to 3billion barrels.
Ace Winches helps young people into the workforce
Deck machinery firm Ace Winches has become the first organisation to achieve a new government accreditation recognising its support helping young people into the workforce.
Amec’s £2billion takeover will propel North Sea skills to global market
Amec’s £2billion takeover of rival Foster Wheeler will see North Sea skills exported to a wider global market, its chief executive has claimed. Samir Brikho, the chief executive of the oil services giant, said selling the capabilities of its north-east workforce to build, maintain and refurbish oil and gas platforms and infrastructure – which the firm refers to as “brownfield” work – will enhance Foster Wheeler’s specialisms in shale gas and LNG, which is based mostly in North America.
Statoil’s new headquarters reflects commitment to Aberdeen
Detailed plans for Statoil’s UK headquarters have been submitted to Aberdeen City Council.
Rolls Wood is back on a roll with Maersk
Rolls Wood Group (RWG) has secured £2million contract with Maersk Oil to maintain its fleet of Rolls-Royce Avon gas generators in the Danish North Sea.
Amec moves into new Aberdeen office
Engineering giant Amec has taken possession of its latest office in Aberdeen at a new business park in the south of the city.
Ramboll wins Maersk Culzean job
Maersk Oil UK has awarded a multi-million contract for the design of wellhead jacket for its £3billion Culzean gas field.
MSIS closes 2013 on booming figures
Industrial cleaning business MSIS had the best year in its history last year as its operating profits nearly doubled.
Statoil forms Scottish technology partnership off £80m investment
The investment arm of Statoil has joined forces with the Scottish Government to invest in and support small, innovative companies in the oil and gas supply chain.
OEG Offshore buys into Caspian Sea
Cabin specialist OEG Offshore has snapped up a local container firm in a multimillion-pound deal to expand its business in the region around the Caspian Sea.
SNC Lavalin in £1.2billion bid to buy Kentz
Canadian construction and engineering giant SNC Lavalin has launched a £1.2billion bid for oil and gas services firm Kentz.
Infinis unveils maiden loss of £11.8million
Renewable energy firm Infinis unveiled a full-year loss on its maiden results announcement after floating on the London Stock Exchange in November.
Scotland launches first trade office in Ghana
Scotland’s international trade body has opened an office in Ghana that will aim to boost oil and gas firms expanding into West Africa.