Chevron first in line to do deal with Pemex
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.
Aker injects £400,000 into Stromness water testing firm
Oil services firm Aker Solutions is injecting £420,000 into its newly acquired environmental business on Orkney.
Geoff Holmes makes sudden departure from Talisman Sinopec
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.
£12million…not bad for 100 days work
Engineering and project management provider Costain Upstream has said it has secured £12million of contracts since its launch in February.
Petrofac FPSO delay hits Ithaca’s plan for Stella
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 chief given vote of confidence
Talisman energy boss Harold Kvisle has received a resounding vote of support at the company’s annual general meeting.
Former Xodus Group founder to lead new decommissioning firm
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.
Service companies set to follow Wood Group PSN’s lead for rate cuts
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.
Devex conference opens today
The eleventh DEVEX Conference focusing on major reservoir development opens today at the Aberdeen Exhibition and Conference Centre (AECC).
Record overseas sales by Scots oil and gas supply chain firms
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.
Cairn facing up to departures
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.
Scots oil and gas firms more international in outlook
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 well represented at world’s top energy show in Houston
Scotland is well represented once again at the world's top energy show, which kicks off in the US on Monday.
They do it bigger in Houston
The first week of May in the largest city in Texas means one thing for Edward Stokes.
Advantec wins Nexen development contract
Subsea Controls firm Advantec Aberdeen has won a multimillion-pound contract from Nexen for work on its Golden Eagle Area Development project.
BG Group posts better results for first quarter
Oil giant BG Group yesterday revealed better than expected results for the first quarter after the shock resignation of its chief executive at the start of the week.
Safety awards highlight work in offshore industry
Leading lights of safety culture in the North Sea were heralded at an awards ceremony in Aberdeen yesterday.
Early North Sea activity sparks “2013 crisis” fears
North Sea exploration and trading activity has got off to a slow start, raising fears that 2014 could be worse than the “exploration crisis” year of 2013.
Wood Review good for business at Plexus
Plexus Holdings has won a contract extension worth £900,000 to provide well head equipment and services to Centrica Energy Norway.
Industry rocked as BG boss quits
The oil and gas world was rocked yesterday with the surprise resignation of BG boss Chris Finlayson after less than 16 months in the job.
Korrie Renewables completes first renewable energy park
Inverness firm Korrie Renewables has completed development of the city’s first renewable energy park with the creation of 12 jobs.
Appointment of new North Sea regulator by July as DECC begins headhunt for top figure
The Department of Energy and Climate Change is “not hanging about” as it puts in place the new energy regulator as proposed in a report on the North Sea led by Sir Ian Wood.
Aquaterra Energy awarded £10m Catcher contract for Premier Oil project
Offshore equipment firm Aquaterra Energy has won a £10million contract to provide drill centre templates (DCTs) for Premier Oil's North Sea Catcher project.
Ennsub lands bumper ROV systems deal
Subsea engineering firm Ennsub has been awarded a multi-million pound contract to design and manufacture two ultra-deepwater workclass ROV launch and recovery systems for Rovop.
Major North Sea projects only viable under united Britain, insists Fallon
UK Government Energy Minister Michael Fallon has insisted major North Sea projects which underpin Britain’s energy security are “only possible” thanks to the union.