AOR ties up £12m of wins
Offshore standby vessel operator Atlantic Offshore Rescue (AOR), of Aberdeen, said yesterday it had won contracts worth a total of £12million in the past few weeks.
Aberdeen engineer named businesswoman of the year
Aberdeen-based Vicky Shu, a lead project engineer at oil and gas firm Shell UK, was among the winners at the Asian Women of Achievement Awards, in London, last night.
Enventi bolsters team
Former Subsea 7 boss John Smith has taken a stake in north-east firm Enventi and also joined its board as it strives to make offshore windfarms cheaper to run.
Pledge to take fresh look at bosses’ pay
Wood Group has pledged to take a fresh look at its remuneration policy amid growing unrest among shareholders at other UK firms over bosses' pay and bonuses.
Taqa’s pre-tax profits double
Abu Dhabi national energy firm Taqa said yesterday its first-quarter pre-tax profits had nearly doubled to around £237million, from £162million a year ago.
New deals boost company
Norwegian oil field engineering group Aker Solutions has had an "inspiring" start to its second quarter, one of its bosses in the north-east said yesterday.
Firm wins £7m of work
Norwegian company add energy said yesterday its add latent subsidiary in Aberdeen had secured contracts worth a total of £7million from Dolphin Drilling and a business unit of Shell.
Antrim deal with First Oil
North Sea explorer Antrim Energy said yesterday it was to acquire a 25% working interest and associated reserves in the Fyne licence in the UK North Sea.
Weir Group upbeat over prospects
Scottish engineering firm Weir Group said yesterday it continued to expect a year of good progress, in line with its previous guidance.
Turbine site sold in deal
An Aberdeenshire windfarm has changed hands as part of a sale of three sites to private-equity-backed renewable-energy firm Infinis.
Key oil event set to be held
Aberdeen Exhibition and Conference Centre (AECC) was last night gearing up to welcome hundreds of scientists and oil and gas experts from across Europe to the 9th annual DEVEX European Production and Development Conference.
North Sea oil company sets deadline for bids
North Sea oil firm Ithaca Energy said today it was still in talks with potential buyers and had set a bid deadline.
Tullow delivers positive update from Kenya
Tullow Oil has found more oil in a well it is drilling in Kenya and plans to drill another in an adjacent block later this year, the Africa-focused UK firm said today.
Nexen abandons Gulf of Mexico Kakuna well
Canadian energy firm Nexen said today it found no oil or natural gas in commercial quantities at its deepwater Kakuna exploratory well in the Gulf of Mexico and was abandoning it.
Don’t be afraid of investing in Falklands, Scots firms told
Scottish companies should have no fears about investing in oil exploration and production in the Falklands, a business leader from the islands said yesterday.
Tullow Oil gets Kenya boost
Tullow Oil has found more oil in a well it is drilling in Kenya and plans to drill another in an adjacent block later this year, the Africa-focused UK firm said yesterday.
Ithaca sets deadline for bids
North Sea oil firm Ithaca Energy said today it was still in talks with potential buyers and had set a bid deadline.
Nexen abandons Gulf of Mexico Kakuna well
Canadian energy firm Nexen said today it found no oil or natural gas in commercial quantities at its deepwater Kakuna exploratory well in the Gulf of Mexico and was abandoning it.
Moller-Maersk’s boss is back at the helm
The chief executive of Danish shipping and oil group A.P. Moller-Maersk, Nils Smedegaard Andersen, returned to work today after recovering from heart surgery, the company said.
Biomass boom buoys firm
A Highland biomass heating company expects to reach £5million turnover this year after starting from scratch nearly a decade ago.
Husband and wife pool talents
North-east husband and wife Laurent Schirrer and Isabelle Vervoort are eyeing more work in the North Sea and overseas after pooling their oil and gas expertise in a business venture.
Magma looking to add staff
Oil and gas consultant Magma Products, of Aberdeen, plans to recruit a further 20 engineers after completing a £750,000 move to new offices.
Simmons in deals worth £340million
Simmons and Company's Aberdeen office said it has one of the strongest pipelines of deals in the firm's history in the UK after announcing it has completed four deals in the first quarter of 2012, together worth £340million.
Centrica completes £936m deal
Scottish Gas owner Centrica said yesterday it had completed its £936million deal with Statoil Petroleum to acquire a package of producing and development oil and gas assets in the Norwegian sector of the North Sea.
Cheviot win for GE Oil and Gas
Energy firm GE Oil and Gas said yesterday it was to supply ATP Oil and Gas (UK) with subsea production equipment, ancillary systems and related services for the Cheviot oilfield project in the UK North Sea.