Another oil service firm may cut jobs
International oil service company Baker Hughes INTEQ is expected to make an announcement today on possible job losses.
ATR sale signals Hydrasun alliance
ATR Group of Aberdeen today announced the sale of one of its businesses.
North-east job cuts not ruled out by Schlumberger
The world's largest oilfield service provider, Schlumberger, might cut employee numbers in the north-east, it emerged yesterday.
IT firm lands three-year contract with Total
ABERDEEN-BASED IT specialist Sword Pragma has landed a three-year contract with Total E&P UK, with options to extend for a further two years.
Scots engineer ups profit forecast after end-of-year boost
Scottish engineer Weir Group said yesterday it was increasing its full-year profit forecast again after performing well in the fourth quarter and enjoying positive currency effects, notably from the strengthening US dollar against the pound.
Minister opening Subsea 09 show
Scottish Secretary Jim Murphy will welcome subsea industry leaders and delegates when Subsea 09 opens in Aberdeen next month.
‘Business as usual’ as buyer for North Sea firm is sought
Ernst and Young was appointed yesterday as administrator for oil and gas company Oilexco North Sea (ONS).
Marine renewables sector ‘coming of age’
ABERDEEN-BASED Subocean revealed yesterday that it had landed renewable-energy contracts worth more than £100million in 2008.
Moray Firth field set for mid-March start-up, says operator
Ithaca Energy said yesterday it had completed the installation of the Jacky oil field platform and associated pipelines in the inner Moray Firth.
Latest buy strengthens Triton’s presence in North American market
Aberdeenshire company Triton Group said yesterday it had completed its ninth acquisition since its formation in 2007.
Disposal of platforms on the cards
The steep fall in the oil price could lead to a boom in the decommissioning of older North Sea platforms.
Government gives Elixir more time for farm out
Elixir Petroleum said yesterday that the Department of Energy and Climate Change had agreed to a four-month extension of the licence term on North Sea block 211/18b.
Ex-Petrofac man fills top training post at AquaTerra
AN ABERDEEN-BASED supplier of work-at-height and rope-access-related services, AquaTerra, has created a training director role.
US sector bearing brunt of downturn
AMERICA has seen its position as the most attractive destination for investment in renewable energy nosedive, helping Germany to move to joint first place.
Oilexco sets up City data room to aid bidders
CANADIAN oil exploration firm Oilexco has opened a data room in London for potential buyers of some of its assets or even the whole company.
Peterson appoints offshore safety expert
LOGISTICS company Peterson SBS has named John Fraser as group director of health, safety, environment and quality (HSEQ).
Subsea 7 announces deal with TAQA
ENGINEERING and construction company Subsea 7 announced a multimillion-pound deal yesterday with the UK-based arm of Abu Dhabi national energy company TAQA.
Petrofac could take advantage of opportunities in market
The boss of international oil and gas facility-service provider Petrofac said yesterday it was well positioned to take advantage of opportunities.
UK marine-energy surge forecast
A NEW study published by energy business analyst Douglas-Westwood forecasts that 86 megawatts (MW) of wave and tidal-current-stream capacity will be installed worldwide from 2009 to 2013, with the UK expected to be the biggest market.
‘Oscar’ honours for oil sector’s top achievers
Leading lights of Scotland's oil and gas industry will be honoured in the Scottish Offshore Achievement Awards 2009.
Univation hosts Chinese trainees
UNIVATION, the commercial arm of the Robert Gordon University, has hosted a visit to the north-east by a Chinese delegation.
ESS duo bring offshore expertise to caterer Entier
TWO offshore catering experts have left ESS Support Services Worldwide in Aberdeen to become bosses at a new company.
Encode arm targets £500,000 in first year
ESCAPE Business Technologies, an Aberdeen-based IT firm focused on the energy industry, has started a new division.
North-east firm ACE Winches reels in £2m order
A NORTH-EAST engineering firm announced a £2million contract win yesterday.
UK operator Apache under attack
Apache was accused yesterday of breaking ranks with other North Sea operators and refusing to comply with an agreement on paid leave and pay increases for contractor employees.