Energy regulator criticised over £3.5million ‘penalty’
The boss of Scottish wave energy firm Aquamarine Power has criticised Ofgem for measures which will cost it millions of pounds for a huge Western Isles project.
Optimus boost for city
Oil and gas engineering consultant Optimus (Aberdeen) said yesterday it wanted to create 20 jobs at a new office in Inverness.
Creditors of Consafe owed nearly £4.5m
Aberdeen-based offshore accommodation specialist Consafe Engineering Services collapsed with debts of more than £4million, it emerged yesterday.
Petrofac lands Nexen deal
International oil and gas facility service provider Petrofac said yesterday it had won a deal in the North Sea worth nearly £1million.
Falklands on oil and gas trade mission to Aberdeen
A trade mission from the Falklands will be in Aberdeen next week to learn more about the north-east's oil and gas sector.
US gulf oil trial delayed
The trial over who was to blame for the Deepwater Horizon explosion and oil spill in the Gulf of Mexico has been delayed until next year.
£1.3m win for Plexus
Oil and gas engineering service firm Plexus Holdings, of Aberdeen, has signed a £1.3million deal with a subsidiary of BG Group for work in the North Sea.
Senergy’s expansion drive moves up gear
Senergy has opened new offices in Aberdeen and Dubai as part of expansion plans.
Fisher invests £5m-plus on equipment upgrades
North-east oil service business Fisher Offshore announced yesterday it had spent more than £5million upgrading its equipment.
Labtech brings back cabin hire service as demand grows
Aberdeen-based offshore cabin specialist Labtech Services is to re-introduce a hire fleet to meet growing demand in the North Sea and around the world.
ThinJack jacks up turnover
North-east firm ThinJack says it has achieved record turnover of £600,000.
Cosalt still in funding talks
Engineering firm Cosalt suspended its shares yesterday after failing to publish its annual accounts.
Nigg training course swamped by demand
More than 2,500 people have applied for a place at a Highland training centre just over a month after it was launched.
MAC outgrows premises after first year in business
Aberdeen firm Maritime Assurance and Consulting (MAC) said yesterday a move to new headquarters would allow it to nearly double its workforce.
BP shares among biggest fallers after profits drop
Banks led a rally on London's leading shares index today after Lloyds Banking Group's first quarter trading update cheered investors.
Scots sector’s exports worth £7.6bn – SCDI
Scottish oil and gas service firms have increased exports to £7.6billion, a new report said yesterday.
Wood Group unit wins £61million Australia deal
Aberdeen-based energy service firm Wood Group said today one of its units had signed a £61million deal for work on the world's largest semisubmersible production facility.
Total reports £27m income drop
The boss of French energy giant Total said yesterday the company had to strengthen its commitment to safety in the wake of the gas leak on its Elgin platform.
Gas leak: Operator plans to step up kill operation
Total said yesterday it planned to step up the operation to "kill" the leaking Elgin well next week.
Appointments at Stork
Energy-service firm Stork Technical Services (STS) announced two senior appointments in Aberdeen yesterday.
Energy surge at Lerwick
Oil and gas-related activity at Lerwick harbour more than doubled in the first three months of the year as it continued to benefit from Shetland's booming energy industry.
More than 200 attend renewables showcase
The Scottish Highland Renewable Energy Conference was held in Inverness yesterday.
North energy firms geared up for growth
Nearly 80% of north energy firms expect to grow this year, according to a report launched yesterday.
S3 adds another vessel
Energy service firm Specialist Subsea Services (S3) added another vessel to its fleet yesterday.
Buzzard shutdown after compressor failure
Production at the UK's largest oil field has been halted after smoke was seen on an installation at the weekend.