Petrotechnics gets foothold in Middle East marketplace
ABERDEEN-BASED oil service company Petrotechnics has landed a Middle East deal worth more than £600,000.
Petrofac announces £100m BP maintenance contract
International oil and gas facility service provider Petrofac has announced a £100million contract win in the UK.
Oil service firm Cyclotech snapped up by Houston group
Oil service firm Cyclotech, which has an operation in Aberdeen, has been sold in a deal understood to be worth around £20million.
RBG has a new man at the helm of energy services company
Aberdeen-based RBG said yesterday that Dave Workman had now become its new chief executive.
Nautical Petroleum upbeat over plans for Shetland fields
Nautical Petroleum, which specialises in development of heavy-oil assets, said yesterday it continued to move ahead with plans to bring two fields south-east of Shetland on stream.
Slump has hit confidence in subsea sector
THE economic downturn has shaken confidence in Britain's subsea sector, according to a new study.
Aberdeen-based group sets up Singapore subsidiary
Aberdeen-based Offshore Container Holdings (OCHL) is expanding into Asia with the establishment of a Singapore subsidiary.
North Sea ‘could haul UK out of huge debt’
One of Scotland's leading businessmen said last night that the North Sea oil and gas industry could be the saviour of the UK economy and haul the country out of its massive debt.
Best in UK oil and gas industry honoured
OUTSTANDING talent in the British oil and gas industry was recognised last night.
Record attendance at Pilot Share Fair
A RECORD-BREAKING 750 delegates from home and abroad attended an annual oil and gas industry event held at Aberdeen Exhibition and Conference Centre yesterday.
Founder Locke exits Abbot to let next generation take over
Leading north-east businessman Alasdair Locke has stepped down as executive chairman of Aberdeen-based Abbot Group.
Craig Group arm stretches farther into Africa
CRAIG Group of Aberdeen said yesterday it had launched Craig International Supplies (CIS) in Angola to expand its coverage of the African market.
UKCS firms urged to sign updated deed
ALL COMPANIES working for oil and gas operators on the UK continental shelf are being invited to sign up to the new industry mutual hold harmless (IMHH) deed.
Oil and gas firm reports best year yet
An Aberdeen oil company owned by businessman Ian Suttie has had its best year yet, with profits soaring through the £13million mark.
UK firms off to Monaco for global conference
A DELEGATION of seven UK companies is heading to Monaco to showcase their technologies and expertise at a global conference and exhibition focused on the subsea oil and gas industry.
Hopes rising for Tornado discovery
Hopes are rising that the Tornado oil and gas discovery west of Shetland is large enough to be brought into production.
Aberdeen oil tool specialist secures biggest contract win
A SMALL Aberdeen-based oil tool specialist has won a £3.7million contract, its biggest to date.
Shell to shed 250 Scots jobs in major restructuring
Oil giant Shell revealed yesterday that up to 250 jobs are to go in Scotland - most of them in Aberdeen.
North Sea still key component in BP plans
BP'S NORTH Sea operation continues to be a "hugely significant" part of the energy giant's global business, a centenary celebration in Aberdeen was told last night.
Sonomatic technology on show in Aberdeen
GLOBAL inspection-technology group Sonomatic was showing off its latest technology in Aberdeen yesterday.
Oil from new well is North Sea milestone for TAQA
TAQA Bratani, the UK arm of Abu Dhabi national energy company TAQA said yesterday that production had started from its first new North Sea well.
Hurricane discovers oil on prospect west of Shetland
Hurricane Exploration said yesterday it had discovered light oil at its Lancaster prospect west of Shetland.
Small Aberdeen firm wins big North Sea contracts
A small Aberdeen oil and gas service firm has landed two contracts expected to be worth more than £35million in total over five years.
Oil firm in deal over Stable assets
A new company said yesterday it had acquired key parts of Aberdeen oil field products firm Stable, which went into administration in August.
Aberdeen chandler’s biggest hub
BRITAIN'S biggest chandler Hutton's has opened its largest depot in Aberdeen following increased business from the offshore oil and gas industry.