Tullow starts trading on African exchange
Tullow Oil completed its first day trading on Ghana's Stock Exchange yesterday, more than doubling the entire market capitalisation of the exchange.
Sterling looking to raise further funds
Oil and gas firm Sterling Resources said yesterday it was to raise up to £31.5million through a share issue.
Profits surge by 869% at Cairn’s Indian subsidiary
Scottish oil firm Cairn Energy's Indian subsidiary has reported a near-ninefold jump in quarterly profits after output climbed.
Optima doubles office space in Aberdeen
Aberdeen firm Optima Solutions said yesterday it had doubled its office space after investing £350,000 in its headquarters.
Lansdowne raises £6m to fund drilling
Energy firm Lansdowne Oil and Gas said yesterday it had raised more than £6million for drilling an appraisal well in the Celtic Sea.
Woodfuel’s energy potential gets boost
THE expanding interest in renewable energy took another step this week with Inverurie-based Rural Development Initiatives being appointed to provide support for those interested in the use of wood as fuel.
Aker and Endeavour sign East Rochelle contract
Aker Solutions has signed a £9.3million contract with operator Endeavour Energy UK for work at its East Rochelle field in the central North Sea.
Scottish Power appoint new CPO
Scottish Power said yesterday it had appointed Keith Anderson as its new chief corporate officer.
ExxonMobil awards Hebron GBS FEED contract
ExxonMobil has awarded the Kiewit-Aker Contractors joint venture the front-end engineering and design (FEED) contract for the concrete gravity base of the planned Hebron field production platform, which will be installed offshore Newfoundland.
South Koreans win Chevron platform contract
Daewoo Shipbuilding & Marine Engineering (DSME) has secured a $510million contract with Chevron to construct an oil and gas production platform for installation offshore Angola.
Oil boss won’t take VIPs into ’embarrassing’ city centre
A top north-east oil boss says he is so embarrassed by the state of Aberdeen's Union Street that he refuses to take visiting executives into the city centre.
A perfect day for golf
GETTING a hole in one was the dream for guests attending Rigmar Services Limited's first annual golf outing at Peterculter Golf Club last week.
BP ‘ignored concerns about oil well’
BP ignored the concerns of its contractor over the cementing of the Deepwater Horizon well shortly before it ruptured, a US hearing has been told.
Framo marks quarter century
FRAMO Engineering is marking 25 years as a market leader in enhanced recovery systems - a quarter of a century at the forefront of cutting-edge technology.
The Fugro Academy on course
WITH the current record high oil prices and the continuing boom in the offshore industry, staffing issues are seen as one of the most challenging problems facing the industry. A number of recent reports highlight the shortage of qualified and experienced staff required in many areas of engineering and there continue to be high staff turnover rates in many areas.
Fugro-Rovtech gathering momentum
FUGRO-ROVTECH, created as a result of the growth in the subsea sector and the strength in inspection services, is gathering momentum in its second year of operations.