Trap Oil making progress
North Sea-focused Trap Oil Group said yesterday it had made substantial progress towards becoming a full-cycle exploration, appraisal, development and production business.
Weldex adding about 20 people to workforce
Highland firm Weldex (International) Offshore said yesterday it was looking to add about 20 people to its 140-strong workforce this year.
Siemens acquisition off Expro will complete subsea power grid
Siemens said yesterday the business it has just acquired from international oilfield service company Expro, of Aberdeen, meant it now had all it needed to complete a new subsea power grid.
Profit downgrade at Baker Hughes
Oilfield service giant Baker Hughes said today operating profits for the first quarter of 2012 were likely to be worse than expected.
Group urges BP investor revolt at AGM
BP could be facing a rocky annual meeting after shareholder advisory group Pirc urged investors to oppose its latest remuneration report.
Cairn still sees potential in Arctic despite £750m loss
Cairn Energy said yesterday it made losses of more than £750million during 2011 but saw multibillion-barrel potential for oil in Baffin Bay offshore Greenland.
Granite City a tough nut to crack for firms
The Aberdeen office of Brodies has played a key role in deals worth about £500million in its first 12 months. BILL DRUMMOND, the law firm's managing partner, looks back over the year:
New MD at Apply Altra
Aberdeen oil and gas engineering consultant Apply Altra has named Bill Yuile as its new managing director.
Falklands veteran back in Highlands
An oil rig that has operated in the Falklands for two years is now back in the Cromarty Firth, from where it set off on its long voyage to the south Atlantic.
Taqa boosts interest in Cladhan find
Oil firm Taqa Bratani has boosted its stake in the North Sea Cladhan field to nearly 27% in two deals worth around £55million.
Trap Oil buys “game-changing” stake in Athena
Trap Oil said today it was acquiring a 15% stake in the North Sea Athena development from Dyas UK for £34.5million, in the "game-changing" deal it had chased since the firm floated nearly a year ago.
ATR to invest £2m in new kit
Global plant, lifting and tool-rental specialist ATR Group has revealed it is investing about £2million in new equipment to meet rising demand in the UK North Sea, Caspian and beyond.
Subsea boss named
International oil service company Aker Solutions has appointed Matt Corbin to lead the development of its fast-growing UK subsea business.
Oil and gas service firm on the brink
Award-winning Aberdeen energy service firm Brinker Technology is facing liquidation after a deal to buy it fell through at the 11th hour.
Decom issues in spotlight at forum
Oil and gas decommissioning issues will be in the spotlight at an event in Aberdeen next week.
Risks to workers are too great
Oil firms should not be sending workers to places as dangerous as Nigeria, a north-east union official said last night.
A Good Day for: Aset
The new Aset international oil and gas training academy, now housed in Aberdeen College's Altens Centre, had its official opening yesterday.
GulfMark agrees new £90m deal with RBS
GulfMark Offshore has refinanced a loan worth £90million, which the Royal Bank of Scotland said would help the global oil and gas service firm to continue to grow its business in the North Sea.
Petrofac’s plans for Greater Stella area picking up pace
Petrofac said yesterday its plans for the Greater Stella area of the North Sea should soon be ready to move to the next stage.
ATR given £20m boost
Aberdeen firm ATR Group said yesterday it was looking to invest further in its rental fleet and fast-track plans for overseas growth after a £20million-plus equity and debt financing deal.
Alliance calls for investment in skills to hit green targets
The Alliance of Sector Skills Councils in Scotland (Alliance Scotland) has urged the Scottish Government to take a "leap of faith" to help it reach its target of having all of the country's electricity generated from renewable energy by 2020.
New UK boss at Ocean Power
US renewable-energy firm Ocean Power Technologies (OPT) said yesterday it had appointed Timothy Stiven as managing director of its UK business.
Wood fuel groups get talking
The north's wood fuel industry will soon have a new regional forum to represent it after the idea won strong backing at a meeting in Inverness.
It’s all change with Expro’s top team
Aberdeen firm Expro has appointed a new chairman and reshaped its senior management team as it eyes more growth internationally.
US firm ‘in talks’ with Fairfield
US-based private equity company Riverstone Holdings is reportedly looking to buy up to half of Aberdeen-based Fairfield Energy and use it as a vehicle for creating a new North Sea oil firm.