Sir Ian to receive honour in home city
Leading Scottish entrepreneur Sir Ian Wood will receive an international award this week in his home city of Aberdeen.
Wood welcomes former Total E&P boss
A FORMER boss at French oil giant Total is joining Aberdeen-based Wood Group as a non-executive director.
EnerMech lands further Forties contract
MECHANICAL service company EnerMech has extended its relationship with Apache North Sea by landing a £1million contract.
Oil giant looking to cut cost of major North Sea contract
Shell UK is looking to cut the cost of a major contract, currently carried out by around 1,000 workers.
TAQA taking advantage of tax initiative
The UK arm of Abu Dhabi national energy company TAQA revealed yesterday it is to take advantage of a recent UK Government tax incentive to bring on stream an undeveloped accumulation of oil in the North Sea.
Ferguson finds ‘ideal location’ for headquarters at Kintore
Ferguson Group, a supplier of accommodation modules and containers for the energy industry worldwide, is to move its headquarters from Inverurie to nearby Kintore.
Falkland secures rig for Toroa prospect
FALKLAND Oil and Gas said yesterday it was to drill the first exploration well in the East Falkland Basin in the first half of this year.
Raft of recent contract wins worth £5.5m to oil service firm
An Aberdeen oil service company said yesterday it had landed seven new contracts totalling £5.5million last month.
Sigma bids to tie up mooring system sale Down Under
SIGMA Offshore will launch a Southern Hemisphere push of its mooring system for oil and gas production vessels at an Australian energy event next month.
Subsea UK sets target of doubling export volume
The champion organisation for Britain's subsea oil and gas sector said yesterday it was aiming to more than double international exports to around £6.4billion within the next five years.
Subsea UK chief upbeat over future
Future opportunities for Britain's subsea companies were highlighted at an Aberdeen event yesterday.
Dominion Gas lands company award
MORE than 700 people attended the Subsea Business Awards 2010 held last night at Aberdeen Exhibition and Conference Centre.
North-east firm awards ship contract to Clyde yard
North-east firm Ferguson Modular said yesterday it had awarded a Scottish company the £3.2million contract for refit and refurbishment work on its new accommodation support vessel.
ASCO to contract out quayside labour services at base
Aberdeen-based ASCO Group said yesterday it was to contract out its quayside labour services at its Peterhead base.
Falklands’ oil potential generates great expectations
They may be situated around 8,000 miles away from the Square Mile, but the Falkland Islands are generating a fair bit of excitement in the City of London as the start of a drilling campaign nears.
Oil service firm’s chiefs hail winning of £32m African deal
Two north-east businessmen revealed yesterday that their new oil service venture in Africa has landed a £32million contract.
Oil service group upgrades equipment
ABERDEEN oil service company Rubberatkins has announced a £250,000 investment in new equipment.
Carbon Trust grant boost for Orkney project
Hammerfest Strom UK has received a £3.9million grant from the Carbon Trust for construction and testing of a one-megawatt (MW) tidalpower device at the European Marine Energy Centre in Orkney.
Cosalt unit lifted by PSN supply deal
COSALT Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has landed a three-year contract extension worth up to £18million.
Merger will allow new firm to offer wider range of skills
A new Aberdeen-based oil services company has been formed through the merger of two sister firms.
Dana increases acreage after Norwegian licensing round
Dana Petroleum announced an expansion of its Norwegian interests yesterday.
Coutts takes on dual role at Expro
The executive chairman of international oilfield service company Expro has temporarily taken on the additional role of chief executive.
Building future offshore-wind supply chain
A SUPPLY-CHAIN event for the offshore-windpower industry is taking place today in Aberdeen.
Fairfield said to be seeking a flotation
NORTH Sea oil company Fairfield Energy was linked yesterday with a possible listing on the Stock Exchange valuing the company at up to £350million.
Faroe licence for exploration work in Norway
Faroe Petroleum said yesterday it had been awarded a new exploration licence in Norway and also prequalified as an operator for the Norwegian continental shelf.