A big Dales Marine Services welcome for catamaran
NORTH-EAST firm Dales Marine Services has hailed the presence of a catamaran in its dry dock in Aberdeen for the first time as a milestone.
Fears for jobs as oil and gas firm faces administration
Oil and gas firm Oilexco North Sea (ONS) is poised to go into administration, leaving a questionmark over 50 jobs in Aberdeen.
Offshore platform tastes healthyliving success
A North Sea installation has been named as one of the healthiest places to eat in Scotland.
Highland hotel hailed for green credentials
A Highland hotel and an international oil service company were among the winners at the 2008 Vision in Business for the Environment of Scotland (Vibes) Awards, in Edinburgh last night.
Boss focusing on next stage
Company bosses are well used to being centre stage when it comes to business, but one prominent north-east entrepreneur is also in the spotlight as a pantomime dame this month.
Lib Dem leader says oil sector taxed highly enough already
Liberal Democrat leader Nick Clegg spelled out his opposition to a windfall tax on the offshore oil and gas industry yesterday.
Angus port eyeing growth in oil clients
MONTROSE Port Authority has its eye on more oil and gas-related business, chief executive John Paterson said yesterday.
University students awarded oil and gas scholarships
A TOTAL of 22 students were honoured at Aberdeen Art Gallery last night after securing places on scholarship programmes funded by oil and gas company Talisman Energy and one of its key contractors.
Aggreko adds Indian assets with £3.9m acquisition
Aggreko, the Scottish temporary-power specialist, has unveiled plans to expand its global operations by buying a business in India for £3.9million.
Fortunes of oil and gas juniors nosedive as confidence wanes
A crisis in confidence has led to a nosedive in the fortunes of oil and gas firms on the Alternative Investment Market, according to Ernst and Young.
Craig Group’s performance rounds off celebrations
Global shipping and energy services company Craig Group, of Aberdeen, is rounding off its 75th anniversary celebrations in bullish mood following a strong set of annual results
Schlumberger hails new expansion
ENERGY service giant Schlumberger yesterday hailed the opening of a £470,000 extension to an operations support centre in Aberdeen, saying it was the result of business growth in the north-east.
Making an impact
When energy company Petro-Canada made its North Sea debut by acquiring the assets of Veba Oil and Gas in 2002, the UK North Sea was just getting to grips with a new era.
Halliburton-owned PSL reports £21.7m loss
PSL Energy Services, the north-east firm acquired by US energy service giant Halliburton for £128million in 2007, has reported pre-tax losses of £21.7million for last year.
Leopard agrees forecourt lease deal
AN INVESTMENT company controlled by Alasdair Locke, the executive chairman of Abbot Group, and seven directors from two property-development firms, has agreed a deal to lease 45 petrol stations to Murco Petroleum.
Tide has to turn for power from sea
SCOTLAND is ideally placed to lead the way in marine renewables, a conference in Aberdeen was told yesterday.
New transatlantic shipping service up and running
A new scheduled transatlantic shipping connection between Aberdeen and the Gulf of Mexico will deliver its first cargo of oilfield equipment to the north-east port this weekend.
Further delay to start-up of North Sea development
Canadian energy group Nexen yesterday announced a further delay to first output from the Ettrick field development in the North Sea.
Ramco forges ahead with its renewables strategy
Oil and gas explorer Ramco announced yesterday further details of its strategy for diversification into renewable energy.
Subsea service pair decide to stick with independence
Two oilfield service companies with a substantial presence in the north-east have pulled out of a possible merger.
Champion of innovation
It is not easy being the boss of a key business in the oil and gas industry.
Nessco boosting headcount after contract wins
North-east oil and gas communications specialist Nessco said yesterday it was taking on more staff after landing contracts worth more than £6.3million.
Oil firm cuts production target for year
Canadian oil explorer Oilexco has cut its production target by nearly a quarter following delays at its UK North Sea operations.
Morrison wins contract to build Hydro HQ
SUBSEA technology firm Hydro Group, of Aberdeen, said yesterday it had awarded the contract for developing its new £4million-plus headquarters in the Granite City to Morrison Construction.
Fast-growing Aberdeen firm makes another acquisition
Oil service company Senergy Group, of Aberdeen, has unveiled its fourth acquisition of 2008.