Fairfield in talks over North Sea project finance
Aberdeen oil firm Fairfield Energy said yesterday it was in talks with a potential new investor which could add to the £354million it had already raised.
Asco is tipped to double in size after £250m sale
INTERNATIONAL oil and gas logistics company Asco has been sold to private equity firm Doughty Hanson in a deal believed to be worth up to £250million.
Centrica linked to RWE assets
Scottish Gas owner Centrica has reportedly considered buying German power company RWE's North Sea assets for up to £1.7billion.
Oil firm’s £6.5m jobs boost
ABERDEEN oil and gas service firm XPD8 Solutions hopes to recruit 20 people in a year to meet demand.
Kevin will bring fun to offshore awards
SCOTTISH comedian and television star Kevin Bridges will host an awards ceremony in Aberdeen recognising success in the oil and gas industry.
Big player’s rise from humble beginnings
ASCO has risen from humble beginnings in a small warehouse in the Granite City to a company with turnover of £516million.
Posts cut at St Fergus terminal
OIL supermajor Shell has been accused of "unbelievable penny-pinching" after nearly 70 repair and maintenance (R&M) posts were cut at the St Fergus gas terminal, near Peterhead.
Venture capitalist shuts Aberdeen office
Private-equity investor 3i Group said yesterday it had closed its Aberdeen office after having sold its last interest in oil and gas.
Oil and gas ‘key to future’
MORE than 200 north-east business leaders heard yesterday that Scotland's constitutional future would hinge on the oil and gas industry.
Norwegian well comes up dry for Premier
Explorer Premier Oil said today its North Sea activities would be focused on UK waters after drilling a dry well in Norway.
From motor racing to the energy industry – feature
Oil and gas video specialist EV has quadrupled its workforce in just over a year. Chief executive Francis Neill spoke to reporter Ross Davidson.
Views on health and safety revealed
NEARLY two-thirds of oil and gas workers believe employers' attitudes to health and safety could lead to complacency, according to a survey published yesterday.
Equipment trials double at Underwater Centre
A FORT William subsea diver training school and equipment-trial centre said yesterday that the number of firms using its test facilities had doubled this year.
New boss paying attention to detail
INSPECTION and non-destructive testing specialist Applus RTD has appointed Neil Hannah as regional director for north-west Europe.
Oil pipe specialist outlines success
NORTH-EAST oil and gas piping technology specialist Stats Group said it expected turnover to increase by over £3million this year to £16million.
Chairman in bid to take Cosalt private
The chairman of engineering firm Cosalt, David Ross, is poised to table a £340,000-plus offer for the company to take it off the Stock Exchange.
DEO ups stake in Perth field after Maersk withdrawal
Aberdeen oil firm DEO Petroleum has increased its stake in the North Sea Perth field by 10% after Maersk Oil withdrew from the project.
EnQuest production on target after 20% rise
Oil and gas firm EnQuest today said its production has increased by 20% on last year.
Shell receives approval to capture raw gas in Iraq
Royal Dutch Shell has received final approval to gather raw gas from three major Iraqi oil fields.
Students set trophy design challenge
STUDENTS at Robert Gordon University in Aberdeen have been given the chance to design trophies for awards recognising success in the oil and gas industry.
Ex-Shell boss now key player at BG
A FORMER Shell boss in Aberdeen could be in line to succeed Sir Frank Chapman as chief executive of British oil and gas operator BG Group.
Diver glad he took the plunge
Had it not been for Ian Sharp's passion for diving, he could have opted for a life in the classroom.
Flint concerned over impact of draft plan
THE UK's shadow energy secretary fears European Union plans to take control of the oil and gas industry's health and safety regulations could destabilise Britain's "gold standard" regime.
Osborne in row with oil and gas bosses over ‘apocalyptic’ claims
CHANCELLOR George Osborne walked into a fresh row with oil and gas bosses yesterday, claiming they had made "apocalyptic" predictions about the North Sea's future after his £10billion tax raid.
Focus on subsea sector
SCOTTISH subsea firms will attend a showcase next week which will bring together industry representatives from across Europe.