Biomass boost for Banchory business
NORTH-EAST renewable-energy consultant Jigsaw Energy said yesterday it had won three contracts worth a combined £1.4million.
DEO on track with Perth project
ABERDEEN oil firm DEO Petroleum said yesterday it was on track to start production in the North Sea Perth field in 2014.
High level of interest in renewables award category
THE organisers of an award ceremony in Aberdeen recognising success in the energy industry said yesterday that a new renewables category had already attracted a high level of interest.
Petrofac may consider further deals
Oil and gas service giant Petrofac said yesterday it could take further stakes in North Sea fields after gaining an interest in one discovery.
Oil company expanding
OIL and gas recruitment firm OIE Services has set a target to more than double its turnover next year.
Rise in North Sea work for 3Sun
ENERGY service group 3Sun said yesterday it expected to double its annual turnover to £15million by the year-end.
Investor reveals turnover rise of 50%
SPECIALIST oil and gas investor Energy Ventures said yesterday that companies in its portfolio had increased turnover by an average of 50% this year.
Cairn shareholders to divvy up £2.2bn Indian sale windfall
SHAREHOLDERS in Scottish oil exploration and production firm Cairn Energy will share more than £2billion after the long delayed sale of a controlling interest in the firm's Indian subsidiary was finally completed.
Plexus wins wellhead deal Down Under
Oil and gas engineering services business Plexus Holdings, of Aberdeen, said yesterday it had won an £800,000 deal with Australian exploration and production firm Santos.
Boosting links with central belt
MEMBERS of an industry body for energy and engineering businesses in the Highlands and islands, including Maritime Craft Services and Orion Group have met counterparts in Glasgow and Edinburgh to promote trade and build supply-chain links.
Further citations against BP over US gulf disaster
THE US offshore drilling regulator has issued a further five citations against BP relating to the oil spill in the Gulf of Mexico last year.
Cosalt gets £5m lifeline
TROUBLED engineering firm Cosalt said yesterday it had received a £5million loan from David Ross to keep it afloat while shareholders considered the non-executive chairman's takeover offer.
Halliburton destroyed key evidence – BP
Oil major BP has accused Halliburton of destroying damaging evidence about the quality of cement used at the Macondo well which exploded in the Gulf of Mexico last year.
Government ‘adding to fiscal uncertainty’ in North Sea
The UK Government has been accused of adding to the uncertainty surrounding the tax regime for North Sea operators after restricting relief on the cost of decommissioning.
Aberdeen firm looking to recruit up to 60 engineers after win
ABERDEEN-BASED engineering firm PD&MS Energy said yesterday it would recruit up to 60 people to meet demand after winning a multimillion-pound contract.
Powering future still a hot topic
BUSINESS leaders met in Aberdeen last night to discuss how the oil and gas industry will develop over the next 30 years.
EU plans could increase risk of accident offshore
THE managing director of oil and gas company OMV UK said yesterday that European Union plans to seize regulatory control of the North Sea oil and gas industry could increase the risk of an accident in UK waters.
Aberdeen firm signs £12m-plus US biocoal deal
An Aberdeen company behind green technology which turns waste wood into a replacement for coal has signed a £12.7million-plus deal in North America.
Boost for offshore sickbays
OCCUPATIONAL-Health specialist Abermed, of Aberdeen, said yesterday it had signed a deal with Williams Medical Supplies to improve offshore care.
BG, Wood Group and Petrofac enjoy stocks rise, Xcite and Cairn fall
The London market surged more than 3% today after six central banks including the Bank of England announced a move aimed at boosting lending to households and businesses.
Apply Altra takes on new director
Oil and gas consultant Apply Altra said today it had appointed Bill Yuile as business development director.
New safety guides to help offshore firms
Industry body Oil & Gas UK (OGUK) has released guidelines for firms to help them understand and follow Health and Safety Executive rules.
Turnover doubles at Aiken Group
Aberdeen-based oil and gas service firm Aiken Group said today turnover had nearly doubled in three years.
£64m of low-carbon projects approved
Scottish utility SSE said yesterday it had won approval for low-carbon electricity projects worth £64million.
Cosalt jobs safe for now while shareholders mull buyout offer
The imminent threat to 250 Aberdeen jobs at troubled engineering firm Cosalt has been lifted after the company's potential new owner said operations would continue for at least another three weeks.