ESS lands £1m-plus deal for Beatrice offshore windfarm
North-east firm Ecosse Subsea Systems (ESS) has won a lucrative new contract for work on the £2.6billion Beatrice offshore windfarm in the Outer Moray Firth.
Don’t get left behind at the start of the pension race
Planning for retirement is just one area in which, with the benefit of hindsight, many people wish they had taken action earlier.
Who were the main winners and losers in North Sea taxation in 2015?
Chinese-owned Nexen has been unveiled the biggest tax spender in the UK North Sea during the first year of the oil and gas industry slump.
Delek says international expansion does not stop at Ithaca
Israel’s Delek Group is eyeing new acquisition targets in the North Sea.
Offshore production figures show 4.8% growth in 2016
Official figures published yesterday show UK oil and gas production grew by 4.8% during 2016, driven by new field start-ups.
Taqa completes two-year transformation project
North Sea operator Taqa said yesterday it had completed a two year transformation project, achieving savings of £2.9billion across its global business.
New man at the helm at Acteon company Utec
UTEC, an Aberdeen-headquartered subsidiary of subsea services group Acteon, said yesterday it had promoted chief operating officer Stuart Cameron to the role of chief executive.
£671,000 bonus boost for Petrofac boss Ayman Asfari
Petrofac chief executive Ayman Asfari saw his total pay package rocket more than 60% during 2016 as the energy services giant moved back into the black.
Aberdeen firm Exceed nets new North Sea work worth £5.5million
Well-management and oil and gas performance coaching specialist Exceed said yesterday it had won North Sea contracts worth £5.5million since the start of the year.
Aberdeen engineering firms net millions of pounds worth of new business
Nucore Group said yesterday its HVAC and Refrigeration Engineering (HVAC&RE) business had taken on extra workers on the back of new projects worth a total of £4million.
Port of Cromarty lands two major Beatrice windfarm deals
Port of Cromarty Firth (PCF) announced last night it had won two contracts, together worth hundreds of thousands of pounds, to support the Beatrice offshore windfarm project.
Tom Cross hails Parkmead’s Dutch output as ‘outstanding’
Parkmead Group boss Tom Cross said yesterday an increase in gas production from Dutch assets amid a severe industry downturn was “an outstanding achievement” by the Aberdeen firm.
OGUK director scoops prestigious accolade at Offshore Achievement Awards
The former operations director of trade body Oil and Gas UK (OGUK) was handed a top accolade for significant contribution to the industry at an awards ceremony in Aberdeen last night.
Houston lessons for north-east Scotland’s Energetica project
What can the team driving the north-east of Scotland's Energetica project learn from the US city of Houston?
James Fisher investing up to £6.5m in wind turbine firm
Marine services company James Fisher and Sons has snapped up an offshore wind turbine specialist in a potential £6.5million deal.
Augean boss reveals expansion plan for North Sea services arm
Augean said yesterday it was on the hunt for bolt-on acquisitions for its North Sea services subsidiary, with the Peterhead area identified as a target for expansion.
Mac on the menu for Bureau Veritas
Bureau Veritas (BV), the global leader in testing, inspection and certification, has devoured a “Mac” for an undisclosed sum.
Troubled Bowleven launches strategic review
Boardroom turmoil at troubled Scottish oil explorer Bowleven took a new twist last night, when the company launched a “strategic review of all options”.
MP meeting energy chiefs to discuss Peterhead Power Station
A north-east MP is meeting energy bosses tomorrow to discuss the future of Peterhead Power Station.
Centrica E&P chief is key speaker for big Decom North Sea event
Industry body Decom North Sea (DNS) has unveiled Chris Cox, managing director of Centrica’s offshore exploration and production business, as keynote speaker for its 2017 conference and exhibition.
Fifth annual Aberdeen-Houston Gateway is under way
A celebration of north-east technology has heralded the start of a week-long international business event in Aberdeen.
Abbot Group founder Alasdair Locke poised to cash in on Argenta sale
One of Scotland’s wealthiest businessmen, Alasdair Locke, is boosting his fortune through the £142.5million sale of financial services company Argenta.
Plenty to fight over in the North Sea in new Scottish independence vote
There is much at stake for North Sea oil and gas in the next Scottish independence referendum, whenever it happens, according to a new report.
OneSubsea technology showcase attracts more than 100 people
More than 100 guests from across the north-east oil and gas industry have attended a two-day showcase of some of the latest technology in the subsea sector.
WoodMac report highlights cautious mood in the upstream sector
Upstream oil and gas companies may be quietly optimistic about the outlook for 2017 but many remain cautious, according to a report by Scottish energy consultancy Wood Mackenzie (WoodMac).