BP could pay US £16.2bn to settle gulf oilspill charges
Energy giant BP is likely to agree to pay the US justice department up to £16.2billion to settle all charges linked to its Gulf of Mexico oil spill, says a top analyst.
Rock Solid says it has made a good start to 2012
US firm Rock Solid Images (RSI), formerly Aberdeen-based Offshore Hydrocarbon Mapping, said today it had made a promising start to 2012.
SSE eyes new north project
Scottish utility SSE is about to put forward plans for a new hydroelectric project in the heart of the Highlands for public scrutiny before a planning application to Scottish ministers.
Hydrasun on recruitment drive
ABERDEEN firm Hydrasun said yesterday it was to create up to 100 jobs over the coming year amid growing demand for its specialist oilfield services.
Profits soar at Bond Offshore
NORTH Sea helicopter operator Bond Offshore Helicopters (BOH) saw profits climb 86% during the year leading up to a takeover of its parent, figures showed yesterday.
Former Tesco chairman joins Intertek
A FORMER Tesco chairman with strong north-east connections has started 2012 with a new job and a knighthood.
Meeting the 2020 target a tough ask
RENEWABLE energy has been rising up the political and economic agenda in Scotland.
Demand for emergency training on rise
FALCK Nutec said yesterday it was seeing growing demand for its courses as the energy industry continued to rise to the challenge of installation-emergency training.
Survey finds buoyant mood in sector
A SURVEY by NOF Energy, the business support organisation for the oil, gas, nuclear and offshore renewable-energy sectors, has found a buoyant mood within the industry.
Eventi floats offshore wind idea
Aberdeen engineering and consultancy firm Enventi is looking to come up with a floating solution to UK Government cost targets for offshore wind energy.
Rockhopper completes sidetrack well
South Atlantic-focused oil and gas explorer Rockhopper Exploration said today it had successfully completed drilling a sidetrack well in the North Falkland Basin.
Huhne shows renewables benefiting UK economy
ENERGY Secretary Chris Huhne highlighted fresh evidence of the economic benefits of renewables as he reaffirmed the UK Government's commitment to EU green-energy targets yesterday.
Former Labour energy minister’s thoughts on Mrs T veto
Disclosure of the pleas made to Margaret Thatcher from within her own Cabinet against vetoing the North Sea gas pipeline project reminds us of the difference government can make to the fate of whole industries and regions.
Subsea 2012 will reach further and go deeper
Balmoral Group plans to invest in business after robust year
Balmoral Group plans to invest in business after robust year
£24m of upgrades in pipeline for north-east port
Aberdeen harbour bosses said yesterday they were to spend £24million on improvements to the port next year.
Potential for Scots firms in emirate
AS SCOTLAND continues to build strong links with Qatar, north-east firms should take time to consider how they could export their skills and expertise to this prosperous emirate.
Supplier plans to cut energy prices by 3%
CO-OPERATIVE Energy plans to cut electricity and gas prices by 3% on average from February, saying mild autumn weather had reduced underlying wholesale costs.
Xcite, Nautical and Melrose shares suffer on tough day for markets
Banks dragged London's leading shares index lower today after Chancellor George Osborne said he would push through plans for a radical industry shake-up.
Aggreko forecasting first-half surge
SCOTTISH temporary-power specialist Aggreko said yesterday it expected strong growth in the first half of 2012 but added that the following six months could be tougher.
Oil services company NexusAB changes hands again
OIL and gas service company NexusAB has changed hands for the second time in about 18 months.
New directors to help support growth
MINTRA Training Portal (MTP) has appointed three new directors to support its growth.
Atlas wins large contracts from around the world
SKILLS specialist Atlas, of Aberdeen, said yesterday it had secured international e-learning contract wins worth a total of more than £3.6million during the past year.
EnerMech expects earnings to extend to £10m this year
Mechanical engineering firm EnerMech, of Aberdeen, said yesterday that it expected annual profits to hit £10million this year and rise to £20million in 2012.