Helicopter firm secures £29m North Sea contract
Operator CHC Helicopter said yesterday it had won a £29million deal with energy firm Centrica for flights in the North Sea.
Petrex sets sights on £10million target in 2014
Aberdeen oil and gas consultant Petrex said yesterday it was on track to increase turnover in 2013 and is already making plans for further growth next year.
Statoil and Rosneft in joint exploration venture
Oil giants Statoil and Rosneft have signed a joint venture to explore waters surrounding Russia.
Vitol signs LNG deal with Rosneft
Swiss oil trader Vitol has signed an initial agreement to buy liquefied natural gas (LNG) from Rosneft.
Parkmead not raising Lochard offer
Oil and gas operator Parkmead Group said yesterday it would not sweeten the deal for Lochard Energy despite dissent among some shareholders in the smaller company.
Shell to build an LNG terminal on the Philippines
Energy giant Shell has unveiled plans to build the Philippines’ first liquefied natural gas (LNG) import terminal. The operator said it could make a final investment decision within the next 12 months and start work within two to three years. The value of the potential investment in a terminal near Shell’s Tabangao refinery was not disclosed.
Piper 25: Industry must turn words into actions to ensure safety standards continue
Hundreds of delegates at Piper 25 were urged to turn words into action yesterday as the conference commemorating observing the Piper Alpha disaster drew to a close.
Survivex shows off new firefighting site
Offshore survival specialist Survivex opened its £1.5million fire training centre with an event for clients yesterday.
Seadrill orders two more jack-up rigs from China
Norwegian drilling major Seadrill has ordered two jack-ups for a combined £300million.
BP to target onshore challenges with Rosneft
BP boss Bob Dudley has said the oil giant wants to become directly involved in challenging onshore oil ventures with Russian energy firm Rosneft.
Heritage set for tenfold increase from Nigerian licence
London-listed explorer Heritage Oil is on track to increase production at a Nigerian licence nearly tenfold.
BP agrees deal for Oman gasfield
BP has agreed a price for the gas produced from a huge gas field in Oman
Norway to open up eastern Barents Sea drilling
Oil and gas operators will soon be able to drill in an offshore Arctic zone crossing Norwegian and Russian borders after the Scandinavian country opened up the region.
ITS crashed under £145m debts
Oil service firm International Tubular Services (ITS) Holdings collapsed under debts of more than £145million, it emerged yesterday.
New chairman for trade body Scottish Renewables
Industry body Scottish Renewables has appointed Ronnie Bonnar as chairman.
Asian market has the Whyte stuff for Hydro Group
Whether it is in engineering or hospitality, Doug Whyte, 59, has made a career out of spotting gaps in the market.
Ithaca spuds first well on Stella field
Ithaca has begun work on the Stella field after spudding the first production well on the £630million project.
Scots firm Dron and Dickson has room to grow in Middle East
Scottish company Dron and Dickson (D&D) has moved its Middle East business into new premises to accommodate planned expansion.
Wood Group Mustang appoints Johnson for Bakken business
Wood Group Mustang, a US subsidiary of the Aberdeen-based energy service firm, has appointed Charles Johnson as general manager of its onshore business in Bakken.
Ithaca farms out North Sea licences to Shell and Edison
North Sea oil firm Ithaca Energy said yesterday it had given up stakes in two UK prospects as part of plans to cut its exploration costs.
Proserv boss David Lamont named Scotland’s top entrepreneur
The head of north-east energy service company Proserv was named Scotland’s top entrepreneur last night in recognition of “moulding a phenomenal business”.
Wood Group appoints Anthony
Wood Group Mustang, a US subsidiary of the Aberdeen-based energy service firm, said yesterday it had recruited Ken Anthony as vice-president of business development for process plants and industrial.
Chevron says Rosebank could still be producing into 2040s
The frontier west of Shetland region was given another boost yesterday after it emerged a multibillion-pound development could still be producing nearly 30 years from now.
UK offshore industry ‘one of safest’, says new report
Oil and gas safety leaders have paid tribute to efforts to keep offshore workers safe in the past year after it emerged as one of the UK's safest industries.
Spex investing more than £5m after surge in profits
Aberdeen technology developer Spex Group said yesterday it was investing more than £5million in new equipment after profits nearly trebled.