Reservoir boosts revenue by over 60%
Aberdeen-based international oilfield service company Reservoir Group said yesterday its revenue increased by more than 60% last year.
Glendoe to power up later this year
Scottish utility SSE said yesterday it expected electricity production at the Glendoe hydro station to restart in the middle of this year.
Centrica ups Statfjord stake with £142million investment
UK operator Centrica said yesterday it had signed a £142million deal to more than double its stake in a North Sea development.
Webb lobbying EU over offshore safety
The head of Oil and Gas UK (OGUK) will be in Brussels today in an effort to persuade the EU to change its plans to seize regulatory control of the North Sea oil and gas industry.
Scots firm expects £100,000 boost from Ommica launch
Lux Assure, a Scottish research and development (R&D) company specialising in chemical monitoring technologies for the oil and gas industry, said yesterday it had launched its first product.
Talks over possiblestrikes
North Sea offshore workers have met union leaders to discuss potential strike action in the fight for paid holidays.
Drilling firm ‘is not exempt’
Oil major BP said yesterday that contractor Transocean could not avoid responsibility for its part in the Deepwater Horizon disaster.
Chairman accused of trying to buy Cosalt on the cheap
Some Cosalt shareholders have accused company chairman David Ross of trying to take ownership of the business at a discount price.
North airports ‘could enjoy spin-off from energy sector’
The managing director of Highlands and Islands Airports (Hial) said yesterday he believed the energy sector's growing importance in the north would open up opportunities for the company's terminals.
Firm signs £3.2m deal
Aberdeen oil field services company Expro said yesterday it had won a £3.2million contract for work in the UK North Sea.
Orion deals worth £20m a year
Inverness-based recruitment firm Orion Group said yesterday it had won deals worth a combined £20million per year with oil and gas operator Nexen.
Production firm powering ahead with 130 jobs boost
Production technology firm Proserv said yesterday it would create up to 50 jobs in the north-east after reporting a jump in turnover.
Bidwells team’s work in forestry sector hailed
Property consultant Bidwells said yesterday its Inverness office turned over more than £500,000 last year, thanks to success in the forestry and renewable-energy sectors.
Group creates energy inspection operation
Energy service firm 3sun Group said yesterday it had launched an inspection division for the oil and gas and renewable-energy sectors.
Tullow teams up with Shell
Tullow Oil said today it would work with Shell to explore for oil in the Atlantic Ocean.
UK wind can power more than 3.3m homes
The UK has enough wind-energy capacity to power over 3.3million homes, according to industry body RenewableUK.
Fall in UK drilling activity
Drilling activity in UK waters fell by more than one-third last year, according to a report published today.
Uphill struggle for recognition
Despite the subsea sector employing 50,000 people and being worth £6billion annually, Neil Gordon believes the industry does not get the recognition it deserves.
UHI to bolster renewables courses and energise sector
The principal of the University of the Highlands and Islands (UHI) said yesterday the institution would expand its renewable-energy courses to help meet the sector's skills shortages.
Booming order book at Optimus
Oil and gas engineering consultant Optimus said yesterday it was poised for further expansion after winning a string of contracts and moving into new offices.
Jessica’s design ‘coming to life’
TROPHIES designed by a Robert Gordon University student will be handed to the winners of awards recognising success in the energy industry.
Chairman confident of taking Cosalt off exchange
The chairman of Cosalt said last night he was confident the company would return to private ownership after revealing he had control of more than half its shares.
Ross third generation in firm
MULTIMILLIONAIRE David Ross is the third generation of his family to have an interest in Cosalt.
Peterson SBS upgrades Aberdeen Harbour site
Oil service firm Peterson SBS has revealed plans to invest £1.5million in its operations at Aberdeen Harbour to meet increasing demand from offshore clients.
SSE transfers nine clean energy investments
Scottish utility SSE said today that it had transferred nine clean energy investments into a £95million fund.