Aberdeen Shell jobs look safe in latest culling
SHELL jobs in the north-east look to have been spared the axe in the latest round of cuts at the oil and gas giant.
Fisher says trading at offshore oil arm stable
Marine service group James Fisher and Sons yesterday reported a stable performance at its offshore oil arm, which covers several north-east subsidiaries.
Expro expecting big things from AX-S
A MASSIVE yellow structure near Aberdeen Exhibition and Conference centre is being hailed by international oilfield service firm Expro as one of the most significant and innovative pieces of technology the subsea sector has seen.
Weir optimistic in upstream oil and gas sector
Scottish engineer Weir Group said yesterday the immediate outlook for its upstream energy business was brighter than a year ago.
Shares in OHM slump 25% as City reacts to gloomy update
Troubled Aberdeen company Offshore Hydrocarbon Mapping (OHM) saw its share price slump yesterday after a gloomy trading update warned investors of further substantial losses.
No new oil and gas tax plans from Tories
DETAILED Tory tax proposals for the UK offshore industry will not emerge until after the general election, shadow energy and climate-change secretary Greg Clark said yesterday.
Bristow’s income beats analyst hopes
BRISTOW Group, the US-based helicopter operator with a large presence in Aberdeen supporting the offshore oil and gas industry, has posted better-than-expected quarterly profits.
Coretrax Technology targets overseas sales
ABERDEEN oilfield service company Coretrax Technology yesterday hailed a successful first year in business and said it was now looking to expand sales into the Middle East and Asia-Pacific markets.
American offshore-wind opportunities
Scottish expertise has huge potential for penetrating North America's flourishing green-energy market, Aberdeen Renewable Energy Group (Areg) told members yesterday.
Operator Ithaca ups reserve to 15.99m barrels
ITHACA Energy, the oil and gas operator focused on the UK North Sea, has reported a substantial increase in reserves.
CBI chief told North Sea tax breaks welcome but overdue
One of the UK's leading business figures found out at first hand yesterday about the importance to the north-east of new tax breaks for the oil and gas industry.
Group’s Orkney labs on course for successful year
OPUS, a company focused on improving the environmental performance of oil and gas production, hailed the progress yesterday of divisional laboratories in Orkney.
Service duo suffer big plunge in profits
WEATHERFORD International and Baker Hughes both revealed fourth-quarter and annual results yesterday.
Valiant frustrated over field issues
North Sea exploration and production firm Valiant Petroleum highlighted its frustration yesterday over operational problems at the Don Southwest (SW) oil field north-east of Shetland.
Sea-Cargo launches new Aberdeen support base
Marine and cargo-handling operator Sea-Cargo yesterday unveiled plans to expand its involvement in the offshore oil and gas industry by launching a new support base in Aberdeen.
Oil and gas service bosses delighted at successful year
Fledgling oil and gas service firm Industrial Solutions International is celebrating a successful year, having doubled annual turnover to £500,000, grown its workforce and relocated to new premises.
ACI expects site expansion to fuel growth
NORTH-EAST company Advanced Coating Initiative (ACI) is targeting further strong turnover growth after a move to larger premises.
80:20 aims for further growth after contract wins
ENERGY-SECTOR supply-chain specialist 80:20 Procurement Services, of Aberdeen, aims to grow its workforce and achieve turnover of £10million after a raft of contract wins.
New job for ex-Scottish Enterprise energy chief
A LEADING figure in North Sea oil and gas circles has had a change of job over the festive season, the Press and Journal can reveal.
ITF hails strong year for new technology
ITF, the oil and gas industry technology facilitator, said yesterday it had secured £4.2million of investment during the past year.
SeaEnergy ends dispute with Azeris
NORTH-EAST renewable-energy firm SeaEnergy said yesterday it had settled a long-running dispute with the state oil company of Azerbaijan over rights in the Caspian Sea.
Opportunities in pipeline for burgeoning UK subsea sector
The UK subsea sector is on the brink of a new era as the decade draws to a close, according to leading industry spokesman Alistair Birnie.
Search starts for best in Scottish oil and gas sector
Organisations and individuals in Scotland's oil and gas industry are being encouraged to step forward and share their stories of success, while putting themselves in the frame for the Scottish Offshore Achievement Awards 2010.
New Sovereign boss to ‘tackle issues head on’
Troubled energy service company Sovereign Oilfield Group announced the appointment of a new chief executive yesterday.
North Sea sector must blow its trumpet – Forrest
THE North Sea oil and gas industry needs to highlight its successes at every opportunity to help to attract top talent, a business gathering was told last night.