BP announces start of production from Skarv
Oil giant BP said today it had started production at a huge North Sea field after investing more than £4billion in the development.
Firm engineers £5m forecast for growth
Energy engineering consultant Prospect has set out plans to increase both its turnover and workforce in the next 12 months.
Statoil awards Aker Solutions Gullfaks South contract
Aker Solutions has won a contract for Statoil at Gullfaks South to increase oil recovery, the company reports.
CNOOC expects Nexen closure in first quarter
Chinese oil company CNOOC said yesterday it did not expect its £9.6billion takeover of Canadian group Nexen to close until the first quarter of next year at the earliest.
Opus signs key deals for work across globe
North isles and Surrey-based Opus said yesterday it had signed deals across the world in recent months.
Blue-chip index could peak at 6,450 next year
Stockbroker Redmayne-Bentley says Britain's top share index could reach its highest level since the financial crisis during 2013.
Golden Eagle award for ODL
Aberdeen-based energy service giant Wood Group said yesterday one of its subsidiaries had won a £500,000 deal with a North Sea operator.
Weir to pay up to £237m for US rival
Scottish engineering company Weir Group said yesterday it had bought a US rival in a deal worth up to £237million.
Deal to keep JX Nippon in North Sea for decades
Japanese oil and gas firm JX Nippon said yesterday it would be in the North Sea for decades to come after agreeing to buy stakes in a string of UK assets.
EnerMech in Africa move
Energy service company EnerMech has bought an African firm as part of its plans to step up its presence in the continent's oil and gas sector.
£9.2m dock development a boon for marine renewables
Work has started on a multimillion-pound dock development which aims to draw more investment to Orkney's renewable-energy sector.
BHP considers North Sea exit
Energy and mining giant BHP Billiton is said to be considering an exit from its North Sea operations.
Worldwide wins give lift to energy service giant
Energy service giant Petrofac said yesterday its profits would be up this year, thanks to major contract wins across the world.
Hunting seeks to grow presence in North Sea
Energy service firm Hunting said yesterday it wanted to increase its presence in the North Sea to take advantage of rising activity.
Group joins OWA
Renewable-energy operator Vattenfall said yesterday it had invested £1million to join a programme to cut the cost of offshore windfarms.
Talisman looks forward to exciting future in North Sea
Talisman Energy said yesterday it was looking forward to an exciting future in the North Sea after completing the £956million sale of nearly half its UK assets.
PTS boosts training centres
Energy service giant Petrofac said yesterday its training and consultancy arm had spent £500,000 on new equipment for Aberdeen amid growing demand for its services.
Energy firms pour £7.6m into tidal-power project
A north renewables firm has received a multimillion-pound investment package from three international energy businesses.
Problem project ‘will be profitable’
Energy service giant Wood Group said yesterday it expected a problem project in the Middle East to be profitable in two years.
Dana drilling off Norway
Dana Petroleum said drilling had started on a new prospect, Albert, in the Norwegian Sea.
Eland Oil heading for Aim top 50
North-east oil explorer Eland Oil and Gas will join a list of the top companies on the Alternative Investment Market (Aim) later this month.
Integrity specialist adds Ellon firm to portfolio
Aberdeen-based energy service group ICR Integrity said yesterday it had bought north-east firm Chemical Injection Utilities (CIU).
Centrifuges’ sales on an upward spiral
Energy service company Centrifuges Unlimited said yesterday that turnover had broken the £3million mark.
Busy period for HiTrack
Aberdeen-based electrical-control specialist HiTrack said yesterday it had won £300,000 of work in the last three months.
UK to give Nexen buyout go-ahead
The UK Government said yesterday it would not stand in the way of the China National Offshore Oil Corporation's takeover of Nexen.