Aberdeen conference to look at new technology for unlocking North Sea reserves
A conference dedicated to the technologies that will unlock remaining North Sea reserves will take place in Aberdeen next month.
Oil minnows turn to creative funding solutions after investor snubs
Poor investor confidence in junior oil and gas companies is forcing them to consider more creative funding options, according to EY research.
Dana boss Griffin to give talk on Western Isles project
Paul Griffin, Dana Petroleum UK's managing director, will present an overview of the firm's £1billion Western Isles development at an event on Wednesday.
Chevron hit by 32% profits drop
A drop in production and refining margins hit Chevron’s bottom line as profits in its fourth quarter dropped 32% to £3billion.
Scotvalve HQ opened after £10m investment
Petrofac has unveiled the completion of a £10million investment in its specialist machining and hydrostatic testing operation.
Jobs hope as Norwegian offshore firm iSurvey opens in Scotland
A Norwegian positioning services firm has invested £500,000 to establish an Aberdeen office with plans to create 30 jobs.
Mixed picture for North Sea as start-ups reach five year high while exploration drops
North Sea oil and gas exploration is at a “crossroads”, according to a new report on the industry.
New vessels for Sentinel
Sentinel Marine has splashed out more than £43million on five new rugged sea vessels with a Malaysian manufacturer.
New £1m gear for Sureclean for Haewene Brim challenge
High-pressure water jet firm Sureclean has invested more than £1million in new equipment to carry out work on the Haewene Brim FPSO at dry dock at Nigg Energy Park.
Former Taqa HR chief finds Aberdeen is great for entrepreneurs
Before 2008, not many people in the North Sea had even heard of Taqa, Abu Dhabi's water and electric company.
Final instalment of Wood Review due for submission
Sir Ian Wood's final report on the future of the North Sea will land on the desk of the Secretary of State for Energy and Climate Change this week ahead of its publication in February.
Global Energy snaps up Port Services Group
Global Energy Group (GEG) has boosted its operations in the Cromarty Firth with the acquisition of Port Services Group.
Shetland gas plant workers halt strike to consider offer
Construction workers building a gas plant on Shetland last night postponed strike action due to take place today after requesting time to reconsider an offer on the table.
Contracts in safe hands with Aberdeen consultants Optimus
Safety consultancy Optimus Seventh Generation has secured three international contracts valued in excess of £300,000, with clients including Singapore-based COSL Drilling Pan Pacific.
Deadline approaches for Devex papers
Getting the oil and gas out of the North Sea before infrastructure reaches the end of its life will be the theme of the 11th Devex conference in May.
Workers set to strike this week over Shetland gas plant row
Up to 800 workers building an £800million gas plant on Shetland are set to go on strike Friday after rejecting a “generous” offer from oil services giant Petrofac.
£1.9m boost for Wireline after picking up Mexico contract
An Aberdeen-based firm has won a major contract in Mexico as the country prepares to open up to foreign investment for the first time in 75 years.
Oil and gas industry facing ‘structural shift’ in balance of power, warns former Dana chief
The former boss of oil and gas explorer Dana Petroleum last night urged UK policy makers to take heed of major shifts on the global energy landscape to ensure the North Sea remained competitive.
Partnership paves way for new £5m rig base in Cromarty Firth
A Danish project engineering company is to set up a £5million rig refurbishment base in the Cromarty Firth in the Highlands.
Expanding Parkmead joins FTSE AIM 100 list
North Sea independent explorer Parkmead has joined an index of the top 100 companies listed on the stock market's junior exchange.
Rio writedown after office closure puts Flexlife in the red
Subsea pipe specialist Flexlife fell into the red last year after it shut down its operations in Brazil.
Firm behind Super Puma crash helicopters set for new name
The maker of the controversial Super Puma has unveiled a change in its name.
Workers vote to strike over Sullom Voe terminal rooms row
Workers building an £800million gas terminal in Shetland have voted to take strike action in a dispute over accommodation and pay.
£600K boost for Optimus as it grows big in Bangkok
The Bangkok office of engineering firm Optimus has won business worth more than £600,000 in the past year as it “gained traction” in Southeast Asia.
Schoeller banks on drilling rise for 2014
Austria's Schoeller Bleckmann Oilfield Equipment expects 2014 to be a good year as stable oil prices drive growth in deepwater drilling.