Norwegian firm axes Aberdeen subsidiary
Norwegian oil and gas service company Marine Subsea has axed its Aberdeen-based UK subsidiary, with the loss of 23 jobs.
Oil company Apache completes deal for Mariner Energy
US oil firm Apache Corporation said last night it had completed a "merger" with fellow-Houston company Mariner Energy.
Acergy confirms changes in crew management
Oil and gas engineering and construction group Acergy has confirmed it is consolidating the management of offshore workers into one crewing subsidiary based in Singapore.
Traders get excited about oil explorer
Xcite Energy saw its shares jump yesterday after saying it had found more oil than expected on the Bentley field south-east of Shetland.
Oilfield engineer reshaping strategy
Aker Solutions said yesterday it was nearing the end of a comprehensive strategy process and had started to introduce changes in direction, structure and management.
BP confirms appointment of new North Sea operations boss
Energy major BP has named Trevor Garlick as the man to lead its operations in the North Sea, promoting him from acting managing director for the area to regional president.
Awards a chance to recognise contributions of new generation
Industry body Oil and Gas UK (OGUK) has named the finalists for the latest edition of its annual awards.
Cladhan confidence boost for EnCore
Shares in EnCore Oil jumped nearly 6% yesterday after the energy firm said it was confident of significant oil on a commercial scale on the Cladhan discovery.
Far East interest in firm’s division
North-east company SeaEnergy said yesterday it had seen strong interest, particularly from the Far East, in the 80% stake currently up for grabs at SeaEnergy Renewables (SR).
BP’s North Sea boss lands new global role in Gulf shake-up
BP's top man in the north-east, Bernard Looney, has been promoted in a top-level shake-up at the company in the wake of the Gulf of Mexico disaster.
Oil giant advances hook-up to new North Sea platform
Canadian energy firm Nexen is to hook up a new platform at its giant Buzzard oilfield in the North Sea earlier than planned.
North-east ‘can hold key’ to low-carbon prosperity
North-east expertise in the global oil and gas industry supply chain can help to unlock a prosperous low-carbon future for Scotland, an energy expert will tell delegates at a conference in Edinburgh this week.
Upstream sector facing challenges
The upstream oil and gas sector is faced with challenges of enormous scale, according to AMEC chief executive Samir Brikho.
James Fisher adds RigCool to north-east portfolio
James Fisher and Sons has added to its stable of north-east businesses by snapping up oil and gas service firm RigCool, of Aberdeen, and its sister business in Australia in a deal worth £4.1million.
Learning body launches study into standards
Opito International, the Aberdeen-based skills, learning and workforce-development body, has launched a major study to help it to deliver common training standards in the global oil and gas industry.
Hertel doubles Aberdeen workforce
Industrial service group Hertel has doubled its Aberdeen workforce overnight after buying Granite City firm Quest Worldwide from its bosses and taking on all 50 workers.
Dana says latest North Sea deal bolsters its defence
Dana Petroleum said yesterday its shares were potentially worth more than £30 each as it stiffened its defences against a hostile £1.67billion takeover bid by South Korea's national oil company, KNOC.
Viola prospect could be music to the ears of Valiant chief
North Sea-focused UK oil and gas firm Valiant Petroleum said yesterday it was poised for a transformation if its 50%-owned Viola prospect delivered strong results later this year.
Technip backing Areg wind project
FRENCH energy service giant Technip has thrown its weight behind plans for an offshore windfarm near Aberdeen.
Hopes high for Cladhan oil prospect
The boss of North Sea operator Sterling Resources said yesterday he was hopeful about the potential of the Cladhan prospect amid speculation it could contain between 100million and 200million barrels of oil.
Third UK North Sea oil discovery set to be announced
A third significant UK North Sea oil discovery in as many months will be announced this week, according to a report yesterday.
BP boss in line for top corporate job
BP chief executive Tony Hayward is already being lined up for a top corporate job after he stands down as the oil giant's boss in October, it was reported yesterday.
Campaign group calls for Cairn sale rethink
ENVIRONMENTAL campaigners called yesterday on oil explorer Cairn Energy to live up to its corporate responsibility commitments to local communities in the areas in which it operates.
Craig announces £35m of contract renewals at CIS
GLOBAL shipping and energy service firm Craig Group, of Aberdeen, said yesterday its Craig International Supplies (CIS) division had won contract renewals worth an estimated £35million over five years.
Asco awarded contracts worth £30m
TWO new contracts won by Asco Group are likely to be worth about £30million over five years, the Aberdeen-based global oil and gas logistics provider, said yesterday.