Days of easy oil are over, says Shell boss
A SENIOR manager at oil major Shell will speak at an industry conference in Aberdeen next week.
Rock Solid Images appoints corporate finance advisor
The board of Rock Solid Images (RSI) said the Aberdeen company could be sold after a strategic review of the business.
Cape shares slump on warning of weak margins
Shares in energy service firm Cape slumped today after the company warned its third quarter results would be hurt by weak margins at its Aberdeen-based UK offshore division.
First Oil confident of growth targets
Aberdeen energy company First Oil said the UK Government's £10billion tax raid on the industry had cost it nearly £8million.
Scots accountant helps set up energy network
SCOTTISH accountant Campbell Dallas said yesterday it had brought together energy analysts through an international industry network.
Shell to survey potential Bosnian oil and gas fields
Shell has signed a preliminary deal with the Bosnian government to survey potential natural gas and oil fields.
Motive rolls out £100,000 spooler for Oceaneering
YOUNG north-east engineering firm Motive Offshore Services said yesterday it had completed its first major manufacturing contract.
Subsea 7 predicts North Sea growth
Subsea 7 said today it wanted to add to its north-east workforce after predicting improved performance from its North Sea operations in 2012 and beyond.
Transocean launches legal action to stop BP lawsuit
Drilling contractor Transocean has launched legal action against BP in an attempt to stop the operator pursuing it for damages from the Deepwater Horizon disaster.
UK and Norwegian governments sign energy pact
UK Energy Secretary Chris Huhne and Norwegian energy minister Ola Borten Moe have signed an agreement to cooperate further on renewables, oil and gas and carbon capture and storage.
Maersk Discoverer picked by BP for work off Egypt
Maersk Drilling has won a £488million contract with BP for a deep water rig.
Renewables firms looking for recruits
Hundreds of jobs could be created in the renewable-energy industry in the coming months after a survey revealed more than 80% of firms in the industry planned to add to their workforce.
Hayward’s new outfit eyeing Kuwait oil
Genel Energy Group, led by former BP chief executive Tony Hayward, is reportedly interested in buying Norwegian oil company DNO and its Kurdish licences.
Forties owner expects £550m of investment this year
APACHE North Sea has said it expects to invest more than £550million in 2011, after reporting rising turnover and profits.
Can Holdings confident of growth in future
ABERDEEN-BASED Can Holdings, which offers inspection and maintenance services to the oil and gas industry, has reported a fall in turnover and profits.
EnCore prime catch for Premier
NORTH Sea explorer Premier Oil said yesterday it was buying smaller rival EnCore Oil in a £221million deal.
American group to start North Sea decommissioning work
US OIL firm Hess said yesterday it planned to start decommissioning work at four North Sea fields before the end of the year.
Oil firm accused after North Sea platform asbestos alert
OFFSHORE workers on a North Sea installation may have been exposed to asbestos - despite claims they were told they were safe from the dangerous substance.
Bright future for ‘select few’ firms in sector
GREEN Ocean Energy will not be the last marine power company to fail, an industry analyst has warned.
Extending life of pipelines in spotlight
MORE than 50 representatives of the oil and gas industry met in Aberdeen yesterday to discuss how to safely extend the life of North Sea pipelines.
Wave Treader technology firm sunk by serious lack of funding
AN ABERDEEN-BASED marine-energy developer which was designing renewable technology to power offshore installations has gone under.
Aset to help territory reap benefits of energy assets
REPRESENTATIVES from Australia's oil and gas industry were in Aberdeen yesterday to learn more about training in the sector.
Aquamarine Power gets £7million of new funding
Scottish marine energy company Aquamarine Power said today it had received £7million of fresh funding to develop its technology.
TCO In-Well Technologies completes work for Apache North Sea
Energy service firm TCO In-Well Technologies said today it had completed work for Apache North Sea in the Forties field.
Nautical Petroleum says Kraken field commercially viable
North Sea energy company Nautical Petroleum said today its Kraken field was commercially viable after "exceptional" test results.