New deep gas winning technology could revive North Sea fortunes
A plan to gasify coal under the North Sea could revive the area’s fortunes if a new process to extract further fossil fuels in the basin is used, a company has claimed.
Danwood wins £100k subsea centre deal
A Highland firm has won a £100,000 contract to supply print management services to a subsea training firm.
Oil spill response group snaps up Sureclean
Power jet cleaning business Sureclean has been snapped up by an American industrial services group for an undisclosed amount.
Russian pair in pole position to snap up RWE Dea’s North Sea assets
Two Russian oligarchs behind TNK-BP have emerged as front runners to buy North Sea assets owned by RWE Dea.
Apollo looks to foreign waters to even out North Sea peaks and troughs
Just four years after it was founded, Apollo Offshore Engineering expects to expand its workforce 500% over the next five years as it plans to open an office in Singapore.
Fallon: Independent Scotland would spark greater UK reliance on nuclear power
Westminster will seek to renegotiate renewable-energy targets and increase UK reliance on nuclear power instead if Scotland votes for independence, the UK energy minister said yesterday.
Enermech makes Mexico move
Mechanical engineering group Enermech has opened a base in Mexico as part of a £2.4million investment in Latin America.
Centrica transport deal for Lubbers
Lubbers Transport Group (LTG) has signed a contract worth £3million with Centrica Energy’s exploration & production business.
Profit boost for Senergy but 30 jobs remain at risk
Energy services firm Senergy has revealed profit growth got back on track in the year it agreed to its acquisition by venerable shipping insurance group Lloyds Register.
Oil and gas industry boost for Scots hoteliers
The oil and gas industry gave the hotel industry a boost across Scotland in November as occupancy levels north of the border were the highest in the UK outside London, new figures show.
Warrego founders look to increase pace
Raising £21million was hard, but it's about to get even harder for Warrego's founders as they chase a further £300million to develop an Australian gas field.
Glacier continues expansion after snapping up PTS in £5m deal
Aberdeen’s Glacier Energy Services has bought up a Methil-based non-destructive testing (NDT) firm in a deal thought to be worth £5million.
InterMoor wraps up Gulf of Mexico decommissioning project
Offshore mooring and installation firm InterMoor has completed decommissioning operations for a Gulf of Mexico platform.
Spex eyes international growth with new cash
An investment fund backed by five major UK banks has taken a £5million stake in fast-growing oil and gas services company, Spex Group.
Maersk stays positive despite plummeting profits
Profits at Maersk Oil plummeted 58% last year as the Danish-owned group was hit by lower production and oil prices.
Apache looking to sell Kitimat LNG stakes to save costs
Apache Corporation has announced plans to sell of part of its stake in a natural gas export terminal in Canada in an effort to cut costs of the project.
Senergy to cut jobs as it moves to meet changes in market
Energy services firm Senergy is set to cut 30 jobs to meet changing market demand.
£20m for tide energy developer Atlantis after floatation
The developer of the largest consented tidal power scheme in Europe has raised over £20million in grant funding and a stock market flotation.
UK needs 100,000 new engineers a year, warns industry chief after blasting ‘pathetic’ recruitment levels
The UK needs to train 100,000 engineers a year if it is to ensure healthy future economic growth, an industry boss has warned.
£750K contracts boost for Mac
An Aberdeen maritime consultancy firm has announced new contract wins worth £750,000 in January as it reported a £1million boost in annual turnover.
Marathon warned after safety breach on Brae Bravo
North Sea major Marathon Oil has been slapped with an improvement notice on its ageing Brae Bravo platform by the Health and Safety Executive (HSE).
£1m technology bid to develop tool for securing more oil
A company has been formed to commercialise technology that will help oil and gas companies to improve acquisition and analysis of geophysical data.
North Sea firms tie up Costa Concordia salvage effort
Two Aberdeen firms have applied North Sea skills to help salvage the stricken Costa Concordia cruise ship in contracts worth hundreds of thousands of pounds.
Heslop set to retire after guiding EnQuest to success
The oil and gas veteran who has led the establishment of EnQuest as a leading North Sea player has announced plans to retire.
Babcock hails £60m oil and gas boost to order book
Engineering and defence giant Babcock International hailed a £60million boost to its order books from its growing oil and gas division.