Cautious optimism over increased M&A activity
North-east dealmakers were said yesterday to be cautiously optimistic about prospects of increased merger and acquisition (M&A) activity over the next 12 months.
Praise for North Sea regulation, but still room for improvement
Safety and environmental regulation in the UK North Sea oil industry has come in for praise in an independent review.
Xcite lines up tanker for Bentley development
OIL explorer Xcite Energy said yesterday a shuttle tanker had been lined up for its Bentley discovery in the UK North Sea.
Proposed changes could blow ill for windpower funding
Recent proposals from the Scottish Government affecting onshore and offshore windfarms are potentially set to cause financial implications for those involved in the sector.
Further two firms join Reservoir ‘club’
FAST-GROWING Reservoir Group said yesterday that it had acquired two well-intervention specialists.
Xcite moves to reassure jittery shareholders
Oil explorer Xcite Energy said yesterday it remained highly committed to successful commercial development of the Bentley field, one of the largest undeveloped finds in the UK North Sea.
Senergy appoints hands-on boss to develop talent pool
ABERDEEN-BASED energy service company Senergy has appointed Vivien Broughton as vice-president of resources.
Night to remember in 2012
Anyone planning to attend the next Press and Journal Energy Ball will have to get a move on.
Ferguson expanding Australian business
NORTH-EAST company Ferguson Group is expanding operations in Australia.
Fast-growing Nessco continues to create jobs through downturn
North-east oil and gas telecommunications company Nessco Group is expecting to double its turnover this year to £34million and add at least 20 people to its fast-growing workforce by the end of 2012.
Strong growth pipeline at Hydrasun
Oil service firm Hydrasun yesterday revealed strong growth in both domestic and international markets.
US gulf contracts flowing for Xodus
INTERNATIONAL energy consultant Xodus Group said yesterday it had landed more than £600,000 of contracts in the Gulf of Mexico since it opened its Houston office in February.
Busy time for UK oil and gas team at Barclays
The Barclays Corporate oil and gas team in the UK revealed yesterday its involvement in deals providing funding for acquisitions and exploration and production worth almost £265million since September.
Nautronix confident despite fall in profits
OIL service company Nautronix says its prospects are good, despite the impact on the industry of last year's huge oil spill in US waters.
Report reveals north boost from oil and gas sector jobs bonanza
THOUSANDS of new jobs are expected to be created in the UK oil and gas industry in the years ahead, giving a boost to the north of Scotland.
Trade visit proves success
THE international trade division of Aberdeen and Grampian Chamber of Commerce has returned from a trade mission to east Africa which focused on energy and associated sectors.
Wood wins £500million of Talisman work
Aberdeen energy services giant Wood Group said today it had landed £500million of contract renewals with Talisman Energy (UK).
£47.5bn of decom business opening up in North Sea
A £47.5billion business opportunity is opening up for companies in decommissioning North Sea oil and gas fields, according to new research.
Expro to become largest slickline provider in Brazil
Aberdeen-based international oilfield service company Expro said today its Latin America team had been awarded a new multimillion pound wireline contract with Petrobras in Brazil.
Brazilian opportunities for Scots firms
Scottish Enterprise (SE) is urging companies to explore potential partnerships and business opportunities with Brazil.
Growing demand leads to city firm opening office in Canada
OIL and gas commissioning and technology specialist qedi said today it had reached another milestone in its rapid global growth by entering Canada.
Energy show looking like a record-breaker
NEXT year's All-Energy show in Aberdeen is shaping up to be another record-breaker.
Gulfstream makes grade
GULFSTREAM Services, which provides equipment to the international oil and gas industry, said yesterday it had been awarded a certification of ISO 9001:2008 for both its UK and American operations.
Growing demand leads to city firm opening office in Canada
OIL and gas commissioning and technology specialist qedi said today it had reached another milestone in its rapid global growth by entering Canada.
Energy companies must commit to their share of postgraduate staff development
Universities cannot be expected to shoulder the burden of tackling the impending North Sea skills crisis alone, according to one boss.