Nostrum profits hit by low oil price
Oil and gas independent Nostrum said it suffered a drop in profits in the first half of 2015.
Bluefield Solar acquires UK assets for £11.2million
Renewables investor Bluefield Solar has acquired 10MW of solar capacity in the UK for £11.2 million.
Wind farm support services need change of mindset, claims Seacat boss
The offshore vessel service industry must consider news ways of working together to support the next round of offshore wind farms, it has been claimed.
Technip wins major Far East Petronas contract
Technip has won the contract to deliver offshore brownfield and subsea tie-backs for Petronas' first floating liquified natural gas facility (PFLNG1) east of Malaysia.
Lenigas strengthens links with Cuba
Oil boss David Lenigas has strengthened links this week with the burgeoning Cuban oil and gas sector.
WGP Group completes Statoil survey ahead of time
Marine geophysical services specialist WGP has completed its spring/summer program of reservoir monitoring operations for Statoil's Snorre and Grane fields ahead of schedule.
Marksmen on target in Ohio
US light oil exploration company Marksmen Energy has found "signifcant" deposits from its assets in Ohio.
Max Petroleum bails out Kazakh subsidiary
Max Petroleum has thrown a financial lifeline to its Kazakhstan subsidiary Samek International.
Maersk Drilling agrees $142million rig extension
Maersk Drilling has been awarded a $14 million 16-month contract extension for the jackup rig Mærsk Innovator with ConocoPhillips Norway.
Opito launches 2015 global safety and competency awards
Nominations are now open for the sixth annual Opito Safety and Competency Awards.
ACE Winches secures £10million work in Far East
Scottish winch and deck machinery specialist ACE Winches has equipment and services contracts for the Far East worth £10million.
MX Oil one step closer to first oil in Nigeria
MX Oil is one step closer to securing first oil from its Nigerian prospect.
Technip man takes helm at IMCA
The International Marine Contractors Association (IMCA), which represents more than 1,000 engineering businesses worldwide, has appointed a new president.
Renewable NRG launches new turbine monitoring system
A new user friendly web-based monitoring system for wind turbines has been developed by US-based Renewable NRG Systems (RNRG).
Tendeka agrees Chinese oil and gas deal
Completions systems specialist Tendeka has signed a two-year agreement for the exclusive supply of its autonomous inflow control devices (AICDs) in China.
Investor issues legal challenge against Petroceltic
Petroceltic is facing legal proceedings in the High Court in Ireland as its dispute with activist investor Worldview Capital rumbles on.
Delphian Ballistics makes senior appointment
Well technology specialist Delphian Ballistics has appointed Aberdeen-based sales director Paul Lynch to market its TriStim perforating gun.
Petroceltic maintains North African focus
Petroceltic continues its focus on North Africa with the Council of Ministers in Algeria approving the transfer of its interest in the Isarene production sharing contract to its wholly owned subsidiary Petroceltic Ain Tsila.
Bowleven drills in Cameroon
Bowleven, the Africa-focused oil and gas exploration group, has confirmed the first of a two-well exploration programme in Cameroon, has been drilled to its planned total depth and logged.
Roxi agrees BNG royalty cancellation deal
Roxi, the Kazakhstan-focused oil and gas company, has agreed to cancel future royalty payments to investors from its BNG licence as part of a shares deal.
Freeport-McMoRan reports $1.85billion loss
US mining and oil heavyweight Freeport-McMoRan made a $1.85billion loss in the second quarter of 2015. The company posted $2billion of write-downs related to its oil and gas properties and other one-off items. Richard Adkerson, chief executive, said: "Our second-quarter results reflect strong operating performance in our global mining business, and solid production results and continued positive drilling and development results in our oil and gas operations.
Shale gas helping Mickey Mouse – and Florida – keep the bills down.
Cheap natural gas in the north east United States is helping Walt Disney World in Florida cut its energy bills.
FMC Technologies opens new facility to service Eagle Ford
FMC Technologies has opened a 36-acre Supercenter in San Antonio, Texas, servicing the Eagle Ford Shale.
Profits slump at Thailand’s flagship oil company
Thailand's largest oil and gas explorer PTT Exploration and Production PCL (PTTEP), has reported second quarter profits slumped 94%, dragged by a fall in revenue, and foreign exchange and oil hedging losses.
Offshore catering firm Trinity appoints HR director
Offshore caterer Trinity International Services has promoted Rachel O’Donnell to HR director.