Rockhopper reveals hydrocarbon finds in four fields in the Falklands
Shares in south Atlantic-focused Rockhopper Exploration surged yesterday after it announced hydrocarbon finds in four of its Falklands oil fields.
Chairman urges investors to back his rescue deal
COSALT chairman David Ross has warned shareholders that the firm faces imminent collapse if they do not accept his 0.1p-a-share offer for the business by December 20.
Entrepreneurs ‘back in action’
TWO business ventures currently taking shape in the north-east could see some well-known entrepreneurs make a return to the limelight.
Community project honoured
A PROJECT in Aberdeenshire was among the winners at the 10th Green Energy Awards in Edinburgh last night.
Reservoir adds ‘important partner’ to group portfolio
International oilfield service company Reservoir Group, of Aberdeen, yesterday revealed its sixth acquisition of the year.
Trainer gives candidates sporting chance
A NORTH-EAST cricketer who used ideas from the sport he loves for an offshore drilling-industry training guide said yesterday the book was now licensed for use on more than 750 rigs worldwide.
EnerMech wins £1m North Sea contract
Aberdeen mechanical service firm EnerMech said yesterday it had won a £1million North Sea contract with Talisman Energy Norge.
Substantial increase in Senergy’s business
Energy service company Senergy, of Aberdeen, said yesterday it had seen a substantial increase in business, particularly in Europe, the Middle East and Africa.
Cross pursuing more North Sea deals
NORTH-EAST oil and gas boss Tom Cross, chief executive of Parkmead Group, said last night he was actively working on two new deals in the North Sea.
EU marine energy co-operation boost
The UK's ambitious marine energy revolution could be further boosted by support and co-operation at an international level, Energy Minister Charles Hendry said yesterday.
Energy ‘interesting sector’ for ambitious
THE next generation of oil and gas business leaders were told last night there was no secret to a successful career in the energy sector; only ambition and commonsense.
Scots engineer agrees £433m acquisition of Seaboard
Scottish engineer Weir Group said yesterday it had agreed to buy US oil and gas equipment manufacturer Seaboard Holdings for £433million.
Sparrows to create 100 jobs in Aberdeen
ABERDEEN oil service company Sparrows is creating a further 100 jobs in the city on the back of new contracts.
BGF setting up office in Aberdeen
The north-east oil and gas industry is being targeted by a £2.5billion fund to help fast-growing small and medium businesses.
Omega lands £1.5m BP order for valves
ABERDEEN oil and gas manufacturing company Omega Completion Technology said yesterday it had secured an order worth more than £1.5million from BP for its specialist valves.
Scots energy consultant goes Dutch
ENERGY consultant Xodus Group, of Aberdeen, has opened a £5million office in The Hague as part of its global expansion strategy.
Falkland Oil and Gas in talks with potential partners
Falkland Oil and Gas (FOG), said today it was in talks with potential partners for its closely-watched exploration activities in the South Atlantic.
Aberdeen hotspot for engineering consultant
Design and engineering consultant WS Atkins plans to double its oil and gas-focused Aberdeen workforce to around 300 within about five years, one of its bosses said yesterday.
Hydrasun completes Brazil buy
Aberdeen oilfield service company Hydrasun said yesterday it had completed a multimillion-pound acquisition in Brazil.
VHW hands over first commercial wavepower plant
Voith Hydro Wavegen (VHW), the Inverness-based marine-energy firm, said yesterday it had handed over the world's first "full-life" commercial wavepower plant.
Rotech group sells its subsea business
THE Aberdeen-based Rotech group of companies has sold its subsea business to Norwegian firm Reef Subsea in order to focus on engineering and fabrication work.
Oil tax raid was unhelpful, says CBI chief
The UK Government's controversial tax raid on the UK oil and gas industry was described as unwelcome and unhelpful at a gathering of business leaders in Aberdeen last night.
Nexen says Buzzard output back to normal
Output from the UK's largest oilfield is believed to have risen to more than 200,000 barrels per day, boosting supplies of North Sea crude.
RFM has new sales boss
THE Aberdeen subsidiary of oil and gas technology service company Roxar has appointed Matthew Armstrong as sales director for Europe and North Africa.
North-east firm seals Middle East deal
NORTH-EAST company Aubin has agreed a strategic partnership with an agent in the Middle East to promote its range of specialist chemicals and services in the United Arab Emirates and Oman.