Subsea UK unveils new board
SUBSEA UK has unveiled its new board after an "unprecedented" number of member nominations in a biennial election.
Efforts of ‘hugely dynamic’ industry recognised at award ceremony
THE cream of the UK oil and gas industry was honoured at an award ceremony in the north-east last night.
Awards for Wood Group PSN, Amec and Muehlhan
WOOD Group PSN, Amec and Muehlhan Surface Protection won honours at the Offshore Contractors' Association (OCA) 2011 awards, held in Aberdeen last night.
Parkmead announces change at top
Parkmead Group, the Aberdeen-based specialist oil and gas investment and advisory firm, announced a change at the top yesterday.
Private-equity involvement in energy sector on rise
The oil and gas industry has had much to celebrate lately; we have seen major projects coming on stream and there is a robust pipeline of new work.
Reservoir Group announces fifth buy of the year
Oilfield service firm Reservoir Group, of Aberdeen, yesterday unveiled its fifth acquisition of the year.
Shetland operators invest more than £10m in new boats
TWO Shetland boat operators, Delta Marine and Research Fishing Company (RFC), are investing more than £10million in new vessels to support a predicted increase in offshore renewable-energy contracts.
Total: Still plenty of opportunities in North Sea
FRENCH energy group Total said the North Sea continued to provide growth opportunities, thanks to advances in technology.
Total sales would be a litmus test for North Sea
French oil and gas giant Total is believed to have put some of its non-operated North Sea assets up for sale.
New vessel set for maiden African voyage
THE newest vessel in shipping company Universal Africa Line's fleet, the UAL Africa, makes its maiden voyage from Aberdeen this week.
Reducing offshore wind-energy costs
SCOTLAND'S oil and gas supply chain can help reduce offshore wind-energy costs by at least 20%.
Oil prices hit six-week low
Oil fell to six-week lows yesterday as fresh concerns about the eurozone added to the economic gloom that knocked nearly 7% off prices this week.
Craig Group subsidiary’s managing director retires
ABERDEEN shipping and energy service firm Craig Group said yesterday David Allan, who was managing director of oilfield procurement division Craig International Supplies (CIS), had retired.
OE 2011 generates bumper business for Aberdeen Airport
OFFSHORE Europe (OE) 2011 broke records in the air, it emerged yesterday.
Wave energy faces high charges
SCOTLAND's wave and tidal-energy sector faces charges of £56million every year to connect their projects to the grid, while developers south of the border will get millions of pounds in subsidies, indu-stry figures out today show.
Divex on Carbon Trust’s shortlist
AN ENTRY from north-east diving-equipment technology firm Divex is among 13 from around the world to be shortlisted in a competition to solve a problem for offshore windfarm developers.
Global Energy Group excels again with another top award
GLOBAL Energy Group added another prestigious accolade to its growing collection at a business gathering in Inverness last night.
Pelamis explores options for growth
SCOTTISH renewable-energy firm Pelamis Wave Power (PWP) said yesterday it was weighing up its options for how best to scale up its manufacturing to commercial levels.
Brent jumps more than 2%
London Brent crude jumped more than 2% to over $115 a barrel today after major central banks moved to boost European bank funding and regional leaders offered strong support for Greece.
Macondo violation notices going out soon
US offshore regulators expect to send "notices of violation", which would precede civil fines, as early next week to oil giant BP, driller Transocean and oilfield service firm Halliburton after an investigation into last year's Macondo spill in the Gulf of Mexico.
Falkland Islands on brink of new era as an oil producer
The Falkland Islands are poised to become a new centre for energy production after UK-listed Rockhopper Exploration said yesterday it was to invest £1.27billion in the area and would start pumping oil there in 2016.
Cairn considering additional well in Arctic drilling campaign
SCOTTISH oil explorer Cairn Energy said yesterday it was excited by the potential it saw in Greenland, despite not striking oil in the area so far.
Opec cuts its forecast for oil demand
PRODUCERS' cartel Opec has cut its forecast for global oil demand growth next year because of a worsening economic outlook.
ADIL look to overseas expansion
Keith Findlay
Gael Force completes £900,000 SeaLimpet contract
GAEL Force Group, the Inverness-based specialist in marine engineering, equipment and aquaculture, said today it had completed a £900,000 contract for US renewable-energy company Ocean Power Technologies (OPT).