Directors considered winding up SeaEnergy
Directors at north-east firm SeaEnergy contemplated winding the company up as part of a review of the business, its new chief executive said yesterday.
Hess deal boosts Dana’s stake in North Sea field
North Sea oil firm Dana Petroleum has added to its share of the Bittern field after a multimillion-pound deal with Hess.
Macondo partners ‘facing billions in fines’
BP and Anadarko Petroleum have been exposed to billions of dollars in potential fines after the judge who will oversee the Deepwater Horizon court case ruled they were liable for civil damages under federal pollution laws.
Weir ups offer for Ludowici
Scottish engineer Weir Group has matched a rival's takeover offer for an Australian mining-equipment firm in an intensifying bidding war for the company.
Centrica buys Total’s central North Sea stakes
UK operator Centrica said today it had bought stakes in seven North Sea fields from French rival Total for £246million.
Global takes Ross-shire Engineering under wing
Global Energy Group said yesterday it had taken a controlling stake in a Highland firm.
Shell reveals veteran executive to leave company
Royal Dutch Shell said yesterday that executive director Malcolm Brinded, a former managing director of Shell Expro in Aberdeen, would leave the oil and gas company later this year.
Amec’s North Sea success to continue for years to come
International engineering and project-management company Amec said yesterday it expected its recent success in the North Sea to continue for the next five years and beyond.
Market comment: Engineering services in demand as sector remains buoyant
Amec's full-year results were almost exactly in line with consensus stock market forecasts for revenue, operating profits and earnings per share (EPS).
Training on way
Global oilfield production-chemical company Champion Technologies is to launch a new training academy to address the skills shortage in the energy industry.
Safety report on pipeline was overdue by three years
An inspection report on the safety of a pipeline at the centre of the UK's biggest oil leak in a decade was overdue by three years, officials revealed.
Smaller firms facing buyouts
Junior oil and gas firms could become acquisition targets for their larger rivals this year as tightening credit markets take their toll, according to Ernst & Young (EY).
Aker boosted by surge in North Sea demand
Oilfield engineering service group Aker Solutions said yesterday growing demand for subsea services in the North Sea had helped it to higher turnover and profits.
Moray vessel operator hails renewables rise
A Moray chartered-vessel company said yesterday the rise of Scotland's renewable-energy industry had trebled its turnover in three years.
Rival trumps Weir offer for Ludowici
Scottish engineer Weir Group faces a bidding war for an Australian mining equipment firm after a Danish rival upped its offer.
Brodies appoints new oil and gas partner
Scottish law firm Brodies said yesterday it had appointed Sonia Love as an oil and gas partner at its Aberdeen office.
SSE secures 10-year Shell gas-supply deal
Scottish utility SSE said yesterday it had signed a 10-year gas deal with Shell to secure supply for its UK customers.
Petrofac adds subsea capabilities
International oil and gas facility service provider Petrofac said yesterday it had bought a subsea pipeline and engineering business.
Groups award £1bn subsea cable contract
The first subsea electricity cable between Scotland and England could be operational by 2016 after the organisations behind the project agreed a £1billion contract.
Technip reports rise in North Sea subsea activity
French energy service giant Technip said today a rise in North Sea subsea activity had contributed to revenue growth across the group.
Macaw flies into Aberdeen
Oil and gas integrity-management consultant Macaw Engineering said yesterday it had opened an office in Aberdeen.
Cosalt better off private – says CEO
The chief executive of Cosalt said yesterday he wanted the company to return to private hands, but added he was confident in the future of the firm even if it remained listed.
Senergy appoints new boss
Aberdeen-based energy service company Senergy said yesterday it had appointed Mike McEwan as vice-president of finance and information systems.
Gas reserves targeted
Aberdeen-based technology firm Gas2 said yesterday it had received £5.5million of funding to develop a system which could open up remote gas reserves.
Energy firms urged to apply
Renewable-energy firms developing marine and tidal projects in Scotland have been urged to apply for government funding.