Proserv expands operations
PRODUCTION technology service provider Proserv said today it had expanded its operations significantly.
CIS launches ebuy service
CRAIG International Supplies (CIS) is launching electronic procurement service ebuy today.
Three-day oil show largest yet
FINAL preparations are being made for the Offshore Europe oil show, which opens in Aberdeen tomorrow.
A ‘golden era’ is in the pipeline
THE next decade could be a golden era for oilfield services companies, if the oil price stays at current levels.
Access to reserves top risk facing firms
ACCESS to reserves is the biggest risk to oil and gas companies, according to a report published today by Ernst & Young.
Developing skills crucial
Scots businessman Robin Watson wanted to be an architect when he was young and thinks being a sports journalist could be his ideal job, but his career path took him into the oil industry and he now heads a business employing more than 8,000 people.
Aberdeen firm Plexus wins Far Eastern work
Plexus Holdings, of Aberdeen, today announced a deal with offshore drilling contractor Vantage Drilling Company.
Aim-listed energy firms ‘vulnerable to predators’
Market volatility and a resultant fall-off in share prices has left Aim-listed oil and gas firms vulnerable to takeover, according to sector specialists at Ernst and Young.
Red Spider inline for technology award
SPECIALIST technology company Red Spider is in contention for an international award.
Drilling fillip for Faroe Petroleum west of Shetland
FAROE Petroleum, of Aberdeen, saw its shares jump more than 15% yesterday after it announced a drilling success west of Shetland.
TWMA wins Gryphon cleanup contract
MAERSK Oil has awarded a six-figure contract to TWMA to handle and dispose of subsea structures and equipment damaged during a North Sea storm earlier this year.
ITF expands into Asia-Pacific region
ITF, the industry technology facilitator for the global oil and gas business, said yesterday it was increasing its international footprint.
Uncertain future for foreign oil firms in Libya
IT IS still unclear what the future holds for foreign oil firms which had been operating in Libya.
Experienced directors join Xodus on growth journey
FAST expanding engineering consultant Xodus Group has made two senior appointments to support its strategy for further international growth.
Shell begins plans to remove oil from damaged pipeline
Planning on how to safely remove up to 660 tonnes of oil from the damaged pipeline in the Gannet field in the North Sea began yesterday.
WoodMac dispels talk of oil and gas as ‘sunset industry’
Research consultant Wood Mackenzie (WoodMac) has dispelled talk that oil and gas is a "sunset industry".
AMEC to post half-year results
BY STEVEN McKAY
Petrofac pouring £303m into Mexican assets
PETROFAC has announced a £300million-plus investment in Mexico after state oil monopoly Pemex awarded its first oilfield operating contracts.
Outlook for North Sea industry remains fragile
THE outlook for the North Sea industry remains fragile, according to Oil and Gas UK.
Ferguson says growth strategy paying off as profits buoyant
NORTH-EAST oil service firm Ferguson Group reported a jump in annual profits and turnover yesterday and said that it had made a good start to the current year.
Total E&P man named new chairman of SPE Aberdeen
THE Aberdeen Section of the Society of Petroleum Engineers (SPE) has appointed Masud Javaid as chairman.
North Sea helicopter operator fitting latest safety kit on aircraft
NORTH Sea helicopter company Bristow said yesterday it was continuing to lead safety innovation in the aviation industry.
Shell accused of playing down spill as estimate rises
ENERGY giant Shell was last night accused of attempting to play down the significance of its North Sea oil spill after it emerged that the amount of oil which leaked into the water was more than 10 times larger than originally admitted.
Swire appoints Rae as sales director
SWIRE Oilfield Services, a global provider of offshore cargo units and associated services, has appointed David Rae as sales director.
Paradigm to present technology at show
NORTH-EAST firm Paradigm Flow Solutions said yesterday it had used new technology to increase production for an oil major in a North Sea field by more than 3,000 barrels per day.