MSS signs new £1.1m deal with Transocean
OFFSHORE technology firm Monitor Systems Scotland, of Aberdeen, said yesterday a new deal with Transocean took the total value of recent contracts to over £1.1million.
Gould to quit with group on the up
ENERGY service giant Schlumberger said yesterday its second-quarter results showed strong growth worldwide.
Losses widen at Aberdeen oil service group
Expro, the Aberdeen-based international oil service company, saw losses widen to more than £600million during the year to March, however, the firm did make adjusted operating profits of more than £150million in the same period.
Group highlights Arctic oilspill issues
WORKERS and visitors at the Edinburgh headquarters of Scottish oil explorer Cairn Energy were confronted by a polar bear yesterday.
Cairn’s Greenland drilling campaign taking shape
Scottish oil firm Cairn Energy gave an update yesterday on its summer drilling programme offshore Greenland, saying arrangements were taking shape for up to four exploration wells.
Welding specialist invests £5m in latest kit
WELDING group Serimax said yesterday it had spent £5million on new equipment being rolled out worldwide, including at its UK base at Evanton, in Ross-shire.
Jobs likely to follow after Stork snaps up RBG
Aberdeen energy service company RBG has been sold to Dutch group Stork Technical Services (STS) in a private-equity-backed deal, it was announced yesterday.
Houston-based NOV snaps up Merpro Group
Montrose-based Merpro Group is under new ownership after a takeover by a US firm, it emerged yesterday.
Granite City energy pair announce North Sea alliance
Aberdeen firms Parkmead Group and DEO Petroleum announced a "strategic alliance" yesterday, paving the way for collaboration on projects.
KCA Deutag wins new deal with Statoil
KCA Deutag, the Aberdeen-based international drilling and engineering contractor, has won a substantial new contract for work in the Norwegian North Sea.
North Sea helicopter operator under new ownership
North Sea helicopter operator Bond Offshore Helicopters (BOH) is under new ownership after a near-£270million takeover of its parent.
Centrica warns it could keep its gas fields shut
Energy company Centrica has warned it could keep its Morecambe Bay gas fields shut after planned maintenance as the controversy over the recent tax rise on UK oil and gas production goes on.
Awards celebrate RBG’s high safety record
ABERDEEN energy service company RBG celebrated health and safety excellence among its workforce at an awards ceremony in the city last night.
Nexen poised to go ahead with Golden Eagle development
Oil and gas operator Nexen said yesterday it was ready to proceed with the development of Golden Eagle in the UK North Sea.
Ithaca on the lookout for new assets as profits jump
North Sea oil and gas firm Ithaca Energy raised reserve estimates yesterday as it revealed a jump in profits and said it was still scouting for new assets on the UK continental shelf.
Strict North Sea safety standards celebrated
Strict adherence to health and safety standards in the UK North Sea was celebrated at an industry award ceremony in the north-east yesterday.
Vedanta snaps up chunk of Cairn’s Indian unit
Scottish oil explorer Cairn Energy saw a chunk of its Indian subsidiary change hands yesterday, when diversified mining company Vedanta Resources revealed it had acquired 10.4% of the business.
Oil service merger almost complete
Two of the north-east's biggest energy industry names are on course to become one company on Wednesday, it was announced yesterday.
Further Barents acreage for Faroe
Aberdeen oil and gas firm Faroe Petroleum said yesterday it had gained its second licence in the Norwegian Barents Sea.
Engineering and construction giant snaps up ClerkMaxwell
Aberdeen oil service firm ClerkMaxwell was sold to international engineering and construction group Costain yesterday in a deal which, based on 2010 figures, is worth up to £7.9million.
Firms reveal mixed response to chancellor’s tax-grab plan
Valiant Petroleum said it might prioritise investment opportunities differently as the fall-out from the chancellor's tax hit on North Sea oil and gas production continued unabated yesterday.
£156m boost for driller after refinancing
Aberdeen-based KCA Deutag said yesterday it had about £156million extra to spend on growing the business internationally after a refinancing deal.
Decom North Sea working with oil and gas supply chain
Decom North Sea, the Aberdeen-based industry forum set up two years ago to maximise business opportunities from offshore decommissioning, is stepping up its work with the oil and gas supply chain.
Cairn says Greenland drilling to get under way this summer
Scottish oil explorer Cairn Energy said yesterday it planned to start its 2011 Greenland drilling programme in June.
Subsea firms on mission to Brazil
Subsea companies from the north-east make up the bulk of an oil and gas industry trade mission to Latin America this week.