Next phase under way at Technip HQ
Energy service company Technip has announced the start of the next phase of £11.8million redevelopment works at its UK HQ at Westhill, near Aberdeen.
Apache hits major North Sea milestone
Oil firm Apache said yesterday it had reached a major milestone toward the installation of a satellite production platform that would help to extend the life of the UK North Sea Forties field by nearly 20 years.
Optimus playing long game
Oil and gas engineering consultant Optimus (Aberdeen) said yesterday it had achieved a solid set of results in the first six months of 2012 despite investing in growth and facing pressure on margins.
Total extends Romar swarf deal
North-east oil service firm Romar International said yesterday it had been awarded a three-year contract extension from Total potentially worth more than £4million.
Dana shows faith in UK North Sea
Dana Petroleum chief executive Marcus Richards said yesterday the Aberdeen oil firm's near-£4million investment in new headquarters highlighted its faith in the UK North Sea.
Jobs go at Expro technology subsidiary
ALMOST 40 people at an Aberdeen oil and gas technology company have been laid off after the firm went into administration.
Emerson makes equipment gift
Emerson Process Management said yesterday it had donated automation technology worth more than £650,000 to the Aset international oil and gas training academy in Aberdeen.
Nexen calls for vote on takeover
Shareholders of Nexen will vote next month on whether to approve the Canadian oil firm's £9.6billion takeover by China National Offshore Oil Corporation (CNOOC).
Subsea firm Tritech in US hands after £21m deal with Halma
North-east underwater technology firm Tritech International has changed hands and come under foreign ownership in a £21million deal.
Rig operator in profit
Awilco Drilling made pre-tax profits of £3.64million during the three months to June 30, the Aberdeenshire-based rig operator's latest accounts show, against losses of £12.36million a year earlier.
Downhole technology firm creating jobs in Aberdeen
Meta Downhole is creating nine jobs in a new electrohydraulic division to be based at its headquarters in Aberdeen.
Red Spider wins work for US gulf clients
Westhill-based energy service firm Red Spider Technology said yesterday it had won contracts worth over £190,000 from oil and gas operators in the Gulf of Mexico.
Melrose Resources reports “solid” first half
Scottish oil explorer Melrose Resources, currently the subject of a takeover by Ireland's Petroceltic International, said today it had made "solid progress" in the first half of 2012.
Sterling says Breagh costs mushroom by 10%
Sterling Resources said today estimated costs for the first phase of its UK southern North Sea Breagh project had grown by 10% to £623million.
Antrim announces FDP approval for Fionn
Antrim Energy said today it had secured development field plan approval from the department of energy and climate change for its Fionn development plan in the UK North Sea.
Wood Group investors reap rewards of growth
Aberdeen's Wood Group delivered a large jump in profits and news of another big annual dividend for shareholders in its first half results.
£300,000 loss for Xcite
Aberdeen heavy oil explorer Xcite Energy posted yesterday losses of £300,000 in the six months to the end of June, the same as in the same period last year.
UKCS issues in the spotlight
Offshore infrastructure access issues will be under the spotlight at an Oil & Gas UK (OGUK) breakfast briefing in Aberdeen next month.
UK windfarm jobs ‘may go to foreigners’
An industry boss has warned that offshore wind developments around the UK may have to rely on a largely foreign workforce because of a severe skills gap.
Bill steers Viking on steady course
Within days of taking the helm at Viking Moorings in September 2011, Bill Bayliss launched a 100-day plan to propel the company forward.
Optimus move paying off
Oil and gas engineering consultant Optimus (Aberdeen) has launched a new subsidiary focused on North Sea decommissioning.
Focus on unconventional gas sector’s potential
International oil and gas companies, governments and leading academics will gather to give their views on the global potential of shale, tight gas and coal bed methane at the second Unconventional Gas Aberdeen conference and exhibition later this year.
Firm predicts big things after move
HB Rentals has relocated its operation in Aberdeen to a much bigger site in the shire in anticipation of continued global business growth.
Russian link for oil venture
UK firm Premier Oil is teaming up with Russia's Bashneft to develop Iraq's oil block 12. Last month, Iraq awarded Bashneft rights to develop the field. Premier Oil will get a 30% stake in the project.
Broad Cairn looking to build up its businesses
Aberdeen company Broad Cairn is targeting a near-50% rise in turnover this year of on the back of expansion at its three operating divisions.