Wood Group’s purchase of PSN is expected to herald jobs boost
Scottish energy services giant Wood Group's £606million acquisition of smaller rival PSN is expected to lead to a jobs boost for Aberdeen.
PSN entrepreneur in the media spotlight again
Today's news that Scottish energy services giant Wood Group is to take over rival PSN in a £600million-plus deal means that PSN chief executive Bob Keiller will be the focus of media attention again.
Oil services giant snaps up rival in £600m deal
Scottish energy services giant Wood Group is to take over rival PSN in a £600million-plus deal, the Press and Journal can reveal today.
KNOC looking to boost oil assets
The new owner of Aberdeen-based Dana Petroleum is seeking to expand, it emerged yesterday.
RBG recognised for PlusGard system
ABERDEEN-BASED RBG has been recognised at an annual UK award ceremony.
Buyout group in £87 takeover of Oil service company
Oil service company Velosi is being bought by private-equity firm Carlyle Group for about £87million.
North Sea ‘still attractive to investors’
Interest by oil companies in investing in UK waters shows no signs of slowing down, according to professional service firm Deloitte.
North-east Firm at cutting edge of safety
NORTH-EAST firm Aker Qserv has been presented with a British Safety Council sword of honour.
Wood reveals major Middle East deal
Wood Group, of Aberdeen, announced a Middle Eastern contract win yesterday worth more than £500million.
Busy period of growth for Red Spider
OIL-INDUSTRY technology specialist Red Spider said yesterday it had completed record levels of work this year and was continuing to add to its workforce.
Multimillion-pound win for Bibby Offshore
Bibby Offshore confirmed a multimillion-pound North Sea deal yesterday.
Canadian group agrees Faroe licence farm-in
Faroe Petroleum, of Aberdeen, has announced a farm-out to Canadian Overseas Petroleum (COP).
Call to stimulate more oil and gas exploration
The government must encourage greater oil and gas exploration if the UK is to keep the lights on in the face of increasingly severe winters, an energy expert has warned.
ITF sharpens focus on new technology ideas
The most pressing technology challenges facing the oil industry were agreed at an international gathering in Aberdeen.
TAQA completes North Sea upgrades
TAQA Bratani, the UK subsidiary of the Abu Dhabi national energy company, said yesterday it had now concluded months of major integrity and upgrade work on all of its four offshore installations - Tern, Eider, Cormorant Alpha and North Cormorant.
Decom hits membership milestone
Decom North Sea, the offshore oil and gas decommissioning forum, revealed yesterday it had reached the milestone of signing its 100th member - well ahead of target.
Valiant excited by drilling prospects
Valiant Petroleum said yesterday it was firming up an exciting exploration programme over the next 24 months.
North firm on recruitment drive
Specialist fabricator Isleburn said yesterday is planning to recruit a further 60 workers in the north early next year.
Total pouring £645m into North Sea development
The North Sea oil and gas industry got another boost yesterday with news of a £645million investment from Total E&P UK.
Swire Oilfield Services sets up in Singapore
SWIRE Oilfield Services of Aberdeen yesterday announced an expansion in the Far East.
£564m Middle East power win for Wood Group
Wood Group, of Aberdeen, has announced a £564million contract win in the Middle East.
Wellbore achieves key stamp of quality
RECENTLY formed Wellbore Intervention said yesterday it had secured a key quality accreditation.
Cairn wins extra Greenland acreage
Scottish company Cairn Energy has been awarded a further three blocks to explore for oil and gas off the coast of Greenland.
Aker signs up Nessie intervention package
NOV Asep Elmar said yesterday that Aker Solutions had become the first major well-service company to commission its fully electric wireline intervention solution Nessie.
Oil firms’ technical challenges top conference agenda
GLOBAL operators and service companies will gather in Aberdeen this week to discuss the oil industry's most-pressing technology challenges.