Scots Energy firms home in on Houston
Leading figures from Scotland's oil and gas business are arriving in the US city of Houston for the world's top industry show.
Outlook is still bright for the mega deals in energy sector
Mega deals in the oil and gas sector are still very much on the agenda, according to PwC's latest global deal trends report out yesterday.
All systems Go for business-development director Sally
The global expansion strategy of oil and gas service company qedi led to the recent appointment of Sally Hayles as business-development director.
Cladhan find continues to get larger, says Sterling CEO
Expectations are rising that the Cladhan find in the northern North Sea will be one of the biggest discoveries in the basin in years.
Asset-swap deal ‘transformational’
Faroe Petroleum revealed a "transformational" Norwegian deal yesterday.
Subsea equipment firm sets up in Brazil
A NORTH-EAST company involved in the design and manufacture of wireline pressure-control equipment, winches and subsea crown plugs has opened a base in Brazil.
Asco reveals UK North Sea deal worth about £21.5m
Oil and gas logistics company Asco said yesterday it had won a UK contract worth about £21.5million.
New generation of engineers needed – ScottishPower
ScottishPower has stressed the need for a new generation of engineers in the energy sector to avoid a skill gap.
Ex-Glaxo man joins RBG as commercial director
Aberdeen-based energy service company RBG has appointed Wayne Henderson as its new commercial and sales director.
Amec’s Aberdeen workforce set to grow on back of deal
International engineering and project-management company Amec said yesterday it planned to add about 100 people to its Aberdeen-based workforce in the next few months.
Subocean had debts of £37m when it went under
Subocean Group, which fell into administration in January, had debts of more than £37million, it emerged yesterday.
Glacier absorbs central-belt firms as part of global strategy
New oil and gas service company Glacier Energy Services was launched yesterday following the acquisition of two Scottish manufacturing firms.
Burgman could hold more than 100m barrels – operator
EnCore Oil said yesterday that the Burgman find in the central North Sea could contain more than 100million barrels of oil.
Wood Group tax haven move ‘contemptible’
Aberdeen-based energy services giant Wood Group is the latest oil business to transfer North Sea staff to a company in a tax haven to avoid employer national insurance contributions.
Oil bosses to discuss shock tax increase
North Sea oil bosses will meet today to decide how they will respond to the UK Government's surprise tax increase.
Oil service firm opens in Aberdeen
Norwegian oil service firm Interwell has opened a facility in Aberdeen and is planning significant expansion in the city.
Energy sector reels from shock move
The UK Government's shock plan to target the North Sea oil and gas business for £10billion over the next five years drew widespread criticism last night.
Yule takes up place on Romar board
PROMINENT north-east businessman George Yule has joined Aberdeenshire-based Romar International as executive chairman to lead its growth in the international oil and gas sector.
EnCore encounters ‘good-quality oil’ in North Sea well
EnCore Oil said yesterday that a substantial column of good-quality oil had been discovered by its Burgman well in the UK central North Sea.
Lime Rock pours cash into firm with vision
OIL and gas remote-camera technology specialist EV said yesterday it had secured more than £6million of investment.
Rockhopper secures three extra rig slots
ROCKHOPPER Exploration, the North Falkland Basin oil and gas explorer, said yesterday it had secured three additional well slots on the Ocean Guardian drilling rig.
Culzean find has significant potential
Maersk Oil UK said its Culzean gas find had the potential to be one of the most promising high-pressure/high-temperature (HP/HT) discoveries in the North Sea in recent years.
Caledus changes hands for ‘seven-figure sum’
North-east oilwell construction technology business Caledus has changed hands in a deal worth a seven-figure sum.
EnCore Oil may create separate company for exploration
EnCore Oil revealed yesterday it could set up a new company for its exploration assets, which include eight North Sea blocks.
Hurricane whips up £20m from share deal
UK OIL and gas company Hurricane Exploration said yesterday it had raised £20million through a share placing.