Weir reports growth despite oil and gas dip
Scottish engineering company Weir Group reported rising turnover and profits yesterday, despite a "challenging" oil and gas market.
Meta signs deals worth about £10m
Aberdeen energy service firm Meta said yesterday it had signed deals worth about £10million in the first half of the year.
Russian billionaires vote against TNK-BP payout plan
BP's relationship with the co-owners of its TNK-BP joint venture has been put under more strain after the Alfa Access-Renova consortium of Russian billionaires voted against a proposed £637million dividend.
Scheme cash helps firm take on first employee
A small north-east energy service business has taken on its first employee thanks to a £1,000 grant from Aberdeen City and Aberdeenshire councils
Port cashes in on rise in oil activity
Shetland's growing energy industry has led to a busy first half of the year at Lerwick harbour.
BG Group cuts output forecast
Energy firm BG Group has cut its production forecast for the year by about 4%, partly because of the shutdown at Total's Elgin platform in the North Sea.
Rosneft signals interest in doing deal with BP
Russian oil giant Rosneft has declared its interest in buying BP's stake in the TNK-BP joint venture.
Geoships in drive for new recruits
North-east marine and subsea services provider Geoships said yesterday it wanted to recruit 40 people after taking on a new vessel.
Aker Solutions in expansion mode
Like several oil and gas firms working in the north-east, Aker Solutions wants to add hundreds of people to its workforce in the coming years.
‘Moves driven by demand for energy’
One north-east oil field equipment provider said yesterday it had invested £4million in a factory in China because of the opportunities in the country.
Firms held back by skills gap
The Highland energy sector will have a skills gap amounting to nearly 900 people over the next five years, trade body Energy North said last night.
Hendry urges companies to spend more on training
UK Energy Minister Charles Hendry has urged Scottish energy businesses to invest in training to attract even more investment in oil and gas and renewables.
Chief welcomes Nexen staff
The China National Offshore Oil Corporation (CNOOC) was founded three decades ago and is one of three major state-controlled oil companies in China.
Rig refit completion boosts yard
The first oil rig to be refitted at Nigg in nine years - GSF Galaxy I - has left Global Energy Group's Easter Ross harbour.
Years of experience in the sector
Talisman Energy has been in the North Sea for nearly two decades after it acquired Bow Valley Energy in 1994.
Revenue boost at Halliburton
Energy service giant Halliburton has recorded a 22% increase in revenue, thanks to high drilling activity around the world.
Aker deal guarantees jobs
Oilfield service group Aker Solutions has won an £18million deal that will guarantee the future of 80 north-east jobs.
Inspections stepped up since oil spill
Offshore safety inspections in the UK have increased since the Gulf of Mexico oil spill, according to law firm Pinsent Masons.
Azure snaps up business
Aberdeen-based oil and gas services business Screw Conveyor has been sold to a private equity firm in a £5million deal.
BG forges ahead with Brazil stake
BG Group said yesterday it had signed contracts worth £2.8billion to ramp up its operations at huge oil and gas fields offshore Brazil.
Breedon targets Moray
Building materials firm Breedon Aggregates said yesterday it had set its sights on more work in Moray.
Energy giant founder Sir Ian leaving Wood Group
Sir Ian Wood is leaving Wood Group after nearly 50 years in the business he transformed from a fishing firm into a global energy services giant.
‘One of our greatest industrialists’
Sir Ian Wood was described as "one of Scotland's greatest industrialists" yesterday as business leaders paid tribute to the departing Wood Group chairman.
Statoil seeks Mariner go-ahead
Energy giant Statoil has formally applied for permission to develop its huge Mariner field in the North Sea.
Wood Group unit aiming to create 150 posts in Granite City
Global oil and gas production-facility support business Wood Group PSN (WGPSN) said yesterday it wanted to create 150 jobs in Aberdeen after adding a new service.