Imes records projects success worth £1.4million
Imes Group said on Sunday it had completed UK port and dockyard projects worth in the region of £1.4million.
Subsea power lines need upgrading to secure funds, broker claims
Failure to upgrade subsea power lines linking the Scottish islands to the mainland could hamper investment in the renewable-energy industry, it is claimed.
Family illness said to be behind Petrofac chairman’s sudden departure
Petrofac chairman Norman Murray has quit the oil and gas service company, with immediate effect.
Production up 11% at Premier Oil under new boss Tony Durrant
Oil and gas explorer Premier Oil said today a higher-than-expected increase in UK North Sea production fuelled a 7% rise in first half profits.
Oil workers evacuated from North Sea platform
Nearly 150 oil workers were evacuated from a UK North Sea platform after a power failure, Shell said today.
Major energy infrastructure projects unveiled
Major energy infrastructure projects unveiled for the north yesterday are expected to lead to thousands of new jobs.
Subsea UK celebrates “milestone” 300th membership
Oil firm Apache North Sea has become the 300th member of industry body Subsea UK.
Boom times for Weir Group’s shale business in the US
A big jump in profits and revenue in its oil and gas division failed to prevent an overall weaker first half performance at Scottish engineer Weir Group.
Are conditions ripe for a merger of BP and Shell?
Falling fortunes at BP and Shell could force the two oil and gas giants into a “mega-merger” within a couple of years, some City analysts believe.
London airport expansion must meet Scottish needs
ew runway capacity in the south-east of England must meet the long-term needs of the Scottish economy for competitive access to international markets, a leading business group says. The Scottish Council for Development and Industry (SCDI) said yesterday it was vital to protect regional air links in any plans for developing airports in the London area.
ESS secures £10.5million deal with Dolphin
Aberdeen firm ESS Support Services Worldwide is to provide catering and hotel services to 180 people on a new deepwater drillship after winning the £10.5million contract.
Sterling raises cash for Breagh
Sterling Resources said at the weekend it had raised £19million in a private placement of shares to support activities including work on the problem-plagued Breagh gas field.
Oil worker falls to his death from helicopter at 2,000 feet
A North Sea oil worker plunged 2,000ft to his death after opening the emergency exit of a helicopter and jumping out.
North Sea blow for Diamond Offshore
An axed contract in the UK North Sea wiped more than £11million off second quarter profits at US drilling contractor Diamond Offshore.
Petrofac responds to Shetland strike
More than 900 workers at Sullom Voe gas plant in Shetland downed tools yesterday in an industrial dispute over pay. But the Petrofac employees later abandoned their strike after the energy service firm agreed to pay them for 2.5 hours they spent on a previous stoppage in a long-running row over travel allowances.
North Sea of change for Talisman and BG Group?
Spanish oil and gas company Repsol is weighing up a takeover of Canada's Talisman Energy.
Transocean’s new Aberdeen arm to float for £205million
An Aberdeen company set up by global drilling giant Transocean to own deepwater rigs in the Gulf of Mexico has unveiled the terms of a £205million flotation.
Latest contract award for Culzean
Intecsea UK, part of Australian energy service giant WorleyParsons, has secured one of the key contracts for Maersk Oil's Culzean gas development in the UK North Sea.
Shell boss criticises rich countries for not investing in skills
The oil and gas industry is "voting with its feet" and recruiting in places like India due to a dearth of skills in richer countries, the boss of energy giant Shell says.
Baker Hughes eyes growing demand from cost-cutting oil producers
Baker Hughes, the world's third-largest oilfield services company, said last night it expected strong growth in North America as oil and gas producers turn to its new technologies to reduce drilling time and cut costs. The company, whose services include seismic surveys that determine where oil lies under the earth's surface and hydraulic fracturing of wells, launched 47 new products and services in the second quarter.
UK Government pledges £15million to set up new oil and gas regulator
Oil and gas chiefs have welcomed a £15million contribution from the UK Government towards the cost of a new industry regulator.
Chevron’s North Sea boss says job cuts vital for keeping the firm competitive
The boss of Chevron’s upstream operations in Europe says hefty job cuts in Aberdeen are essential for keeping the US oil giant competitive.
Chevron to axe 225 Aberdeen jobs
US oil giant Chevron will axe 255 Aberdeen-based jobs after carrying out a review of its business in Europe’s energy capital.
Further growth and investment at Ace Winches
North-east businessman Alfie Cheyne says he has no intention of giving up life at the helm of fast-growing Ace Winches anytime soon.
Edradour gas field plans revived after Total slashes costs
A North Sea gas development that was put on hold last year is back on after operator Total slashed costs to "an acceptable level".