Permasense opens new Aberdeen office
Monitoring specialist Permasense has opened a new Aberdeen office, despite the recent market downturn.
Dragon Oil breathes new life into assets
Dragon Oil, the Central Asia focused exploration company, set a new production record last month, exceeding daily output in excess of 100,000 barrels for the first time. The company said it plans to sustain the 100,000 bopd average gross production for a minimum of five years from 2016.
Odfjell Tankers boss steps down
The boss of Odfjell Tankers, Morten Nystad is standing down after 35 years in the chief role.
Pemex selects ProSep for GoM project
State-owned oil producer Pemex has appointed Houston-based treatment specialist ProSep to deliver a crude blending project on-board a platform in the Gulf of Mexico.
Sea Trucks wins first Brazil contract
Marine services group Sea Trucks has won its first contract in Brazil providing accommodation support to Saipem for up to 300 personnel.
Nordic Energy parts company with founding CEO
Nordic Energy has announced that founder and chief executive Rudolf Kleiber has left the company with immediate effect.
Northcote sells Texas gas field share
Northcote Energy sold its sake in a Texas gas field to Springer Energy.
President hits $70p/b on Argentina production
President Energy has reported encouraging signs from its South American activity, with Argentinian oil sales exceeding $70 per barrel.
Judge rules Petrobas suit can proceed
A US judge has ruled that an investor lawsuit against Petrobas over securities losses stemming from a multi- billion-dollar bribery scheme will go forward, dismissing some but not all claims in the case.
Gloomy IEA view and Iran deadlock pegs oil price
Oil erased its advance as the International Energy Agency forecast prices will need to fall further to curb excess supplies, countering gains after nuclear talks stalled between Iran and world powers.
Petrobas FPSO docks in Brazil
The second of identical twin FPSOs for national operator Petrobas docked in Brazil this week.
Putin welcomes India and Pakistan to alliance
Russian president Vladimir Putin said India and Pakistan will join the Shanghai Co-operation Organisation (SCO), a group dominated by Russia and China and also including former Soviet republics in Central Asia.
Oil and Gas UK opens 2015 award nominations
Nominations are now open for the ninth annual Oil & Gas UK awards evening.
Oil prices may slump further says IEA
Oil prices may fall further as the world remains “massively oversupplied,” before markets tighten in 2016 when output growth outside OPEC grinds to a halt, according to the International Energy Agency.
REG gets go ahead for new UK windfarm
Green energy provider Renewable Energy Generation has been given planning permission for a new eight megawatt windfarm.
West Africa “hungry for power”
West African power leaders have gathered in Lagos, Nigeria, to discuss how to improve electricity generation and supply in West Africa.
SgurrEnergy completes wind farm projects
Renewables consultancy SgurrEnergy has completed technical support for two Scottish wind farms.
Lukoil borrows £3.4billion from Alfa Bank
Russian oil and gas operator Lukoil has received 30billion rubles (£3.4 billion) in financing from Alfa Bank. The oil giant said the funds will be used for general corporate purposes.
Kvaerner win additional work for Shell at gas plant
Shell in Norway has awarded Kvaerner a project to harmonise the power supply interaction between the Nyhamna gas plant and the national grid.
Gulf Keystone hits record production in Iraq
US-operator Gulf Keystone has leveraged record daily production from its Iraqi assets.
Nostra Terra agrees deal for US oil prospect
Exploration company Nostra Terra has agreed a deal with Koch Exploration in Wyoming in the United States.
UK budget costs renewables firm £18million
UK Chancellor George Osborne's budget move to cut back on green tax breaks has cost one renewable firm £18million over the next two years, it was claimed today.
Is the tide turning for drillers?
Drilling analysts at RS Platou believe oil & gas companies will start to see offshore spending in a more positive light over the coming years
Opinion: Budget leaves UK oil industry on the brink
Prior to the last general election, George Osborne would have scoffed at the possibility of being able to deliver the first Conservative budget in two decades.
Aberdeen’s Optimus sold to Dekra Insight
Aberdeen safety consultancy Optimus Seventh Generation has been acquired by Dekra Insight.