Proserv toasts nearly £2m of new decommissioning work
Aberdeenshire company Proserv said yesterday it had bagged three new contracts worth a total of nearly £2million for decommissioning work in the Norwegian North Sea.
Sam Laidlaw snaps up North Sea assets in multibillion-pound deal
The oil and gas investment company led by former Centrica boss Sam Laidlaw has struck a deal to buy French-owned assets in the North Sea in a deal worth about £3billion.
North Sea jobs in most danger from Wood Group, AFW merger
North Sea operations of Wood Group and Amec Foster Wheeler (AFW) are the most at risk of job cuts after a £2.2billion mega-merger of the firms, it emerged yesterday.
Industry chiefs shape late-life asset management and decommissioning technology priorities
Leading figures from across the North Sea industry were at the Oil and Gas Technology Centre (OGTC) in Aberdeen yesterday for a workshop to discuss priorities for the new decommissioning solution centre (DSC).
Aberdeen hotel woes continue
Aberdeen hotels are still operating in a declining market, new figures show.
Lord Digby Jones urges North Sea firms to consider ‘the wider picture’
One of the UK’s most distinguished business leaders has urged the oil and gas industry to never lose sight of the importance of investing in people.
Exclusive: Chrysaor poised to become the biggest tenant in The Capitol
North Sea independent Chrysaor has agreed terms to become the third and biggest tenant in The Capitol office development in Union Street, Aberdeen.
Relaunch plan in full swing for energy consultancy Hugh Fraser International
Aberdonian corporate lawyer Hugh Fraser is relaunching a consultancy he first set up 14 years ago to help more UK firms break into Middle East markets.
Technology can unlock the potential of the UK North Sea
“The centre is here to inspire, accelerate and fund technology that will help the industry to unlock the full potential of the UK North Sea and secure the future of our supply chain.”
OEG Offshore announces US expansion
Oil and gas industry cabin and container firm OEG Offshore has snapped up a US business in a multimillion-pound deal.
Early birds can get the new tax year off to a good start
The new tax year has seen the introduction of a number of changes to taxation and savings.
KCA Deutag upbeat about prospects after slashing losses in 2016
Scottish oil and gas drilling giant KCA Deutag said yesterday it had enjoyed a “satisfactory” start to the year” after substantially reducing its losses in 2016.
Weatherford narrows first quarter losses
Weatherford International boss Mark McCollum said a new joint-venture with energy service rival Schlumberger, OneStimSM, would help it take another step towards a better balance sheet.
New role for former UK energy minister
Former energy minister Charles Hendry has landed a new job as deputy chairman of Atlantic Petroleum.
EnerMech says global search for new business paying off
Oil and gas engineering company EnerMech said yesterday a focus on international markets and diversification were paying off and driving growth.
Score Group shakes off oil slump to deliver 45% jump in profits
North-east firm Score Group said it had “successfully embraced the new norm” of one of its key markets as it reported a 45% surge in profits.
Total signs up for new five-year partnership with Heriot-Watt University
First Minister Nicola Sturgeon visited Heriot-Watt University (HWU) in Edinburgh yesterday to mark the start of a new five-year partnership between oil giant Total and HWU’s Institute of Petroleum Engineering.
Ex oil worker making millions from fantasy football betting game
A former Aberdeen oil and gas engineer is making millions from his innovative online fantasy football betting game.
Giant dredger heading for Peterhead to work on port upgrade
One of the world's biggest dredgers is heading for Peterhead as an economic renaissance takes off in the Blue Toon.
International SOS expands Aberdeen health centre
Medical and travel security risk services company International SOS has increased the size of its offshore and occupational health centre in Aberdeen.
Penguin power up and running at Emec
A wage-energy device known as the Penguin has started generating electricity into the national grid from its home west of Orkney.
Union chiefs call for “transparency” on jobs after Wood Group and AFW reveal another £40m of tie-up savings
Wood Group declined to say last night how many jobs could go in its proposed £2.2billion takeover of Amec Foster Wheeler (AFW), despite the firms announcing a £40million jump in efficiency savings.
Craig International nets £5m contract with Premier Oil
Craig Group, of Aberdeen, said yesterday it had won a five-year contract worth up to £5million with Premier Oil in the North Sea.
East Kilbride to become home to subsea centre of excellence
A new £16million centre of excellence (CoE) for subsea oil and gas development is to be established in East Kilbride, near Glasgow.
Oil downturn hits profits at waste firm MSIS
Inverurie and Invergordon-based oil and gas waste management group MS Industrial Services (MSIS) slid into the red during the 18 months to June 30, 2016.