Centrica transport deal for Lubbers
Lubbers Transport Group (LTG) has signed a contract worth £3million with Centrica Energy’s exploration & production business.
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Innovation Centre hopes to focus industry’s efforts on technology
The oil and gas industry needs to focus its time and attention on innovation to secure the sector’s future, believes the chairman of a new technology centre.
BP boss Bob Dudley sees pay triple despite 21% profits drop
BP boss Bob Dudley saw his total pay triple last year - despite seeing annual profits at the oil major drop by a fifth.
Nasa’s Mars mission leader to speak at SPE conference
One of NASA's leading engineers is to be the guest speaker at next month's Intelligent Energy conference.
North Sea storms hit Songa efficiency
Drilling contractor Songa Offshore admitted last month's punishing North Sea weather hit its operations in the region.
Oil and gas industry boost for Scots hoteliers
The oil and gas industry gave the hotel industry a boost across Scotland in November as occupancy levels north of the border were the highest in the UK outside London, new figures show.
ITF Showcase: Collaboration with small innovators key for UKCS revival
Major North Sea energy players should look for collaborations with smaller technology firms to address their operational woes on the UK Continental Shelf, insists Oil and Gas UK director Oonagh Werngren.
Pearson: Time is right for oil industry to provide more supply chain support
EXCLUSIVE: The European boss of Amec has warned that the oil and gas industry must do more to secure the future of supply chain firms.
New flowline clearing system could cut risks for North Sea operators
An Aberdeenshire oil services firm has called on North Sea firms to collaborate on technology after launching a new system aimed at clearing more blockages and increasing oil recovery.
Glacier continues expansion after snapping up PTS in £5m deal
Aberdeen’s Glacier Energy Services has bought up a Methil-based non-destructive testing (NDT) firm in a deal thought to be worth £5million.
Jobs boost for RMS after cash injection
Aberdeenshire artificial lift specialist RMS-pumptools plans to create 10 new jobs this year after a £3.5million investment in the business.
Scotland Decides: Holyrood forecasts of oil revenue ‘look too optimistic’
The economic outlook for an independent Scotland looks better than previously forecast provided it continues with the UK chancellor’s spending squeeze, according to economists.
Fear and complacency leading to oil industry safety failings, warns conference
Complacency and competency issues are among the key factors stopping the oil and gas industry from making a step change in safety, a panel of sector representatives has concluded.
Graduates gain supply chain insight in new NOF training programme
NOF Energy is hoping to strengthen industry ties within the energy supply chain with a bespoke graduate training scheme.
Current drilling cutbacks will need reversed as oil supplies fall, warns Seadrill boss
Oil firms scaling back their drilling investment over the next few years will be forced to up spend again as supplies dwindle, a leading industry figure has warned.
Bibby Subsea eyes further growth after US expansion
The subsea division of Aberdeen-based offshore management group Bibby is aiming to double its presence in the US by the end of the year.
BP loses battle over restricting Macondo compensation payouts
BP has been told by a US appeals court it must resume paying compensation to businesses over the Deepwater Horizon disaster -even if they were not directly impacted.
Service firms must be more pro-active with longer contracts, says oil industry boss
Exclusive: Longer-term contracts could be a game-changer for North Sea operators and service firms, according to the boss of Aberdeenshire-based pump and rotating equipment specialist Sulzer Wood.
Spex eyes international growth with new cash
An investment fund backed by five major UK banks has taken a £5million stake in fast-growing oil and gas services company, Spex Group.
Intertek ups Middle East presence with £40m Inspec buyout
Intertek has increased its footprint in the Middle East energy market following the £40million acquisition of non-destructive testing specialist International Inspection Services (Inspec).
Ukraine crisis could spark North Sea gas demand increase
The Ukraine crisis could lead to higher energy bills for UK consumers and increased demand for North Sea gas.
Industry body ‘hopeful’ over bareboat tax resolution
Trade body Oil and Gas UK has said it remains “hopeful” of resolving a dispute with the Treasury over plans which could cost the offshore industry £1billion.
Diamond sharpens up cutting edge of its fleet
Diamond Offshore has taken delivery of the Ocean BlackHawk, the first of four new-build, ultra-deepwater drillships, from South Korea.
Aberdeen deepwater technology reveals ocean secrets
Subsea research technology developed by an Aberdeen team of engineers uncovered secrets of the mysterious deepsea world offshore New Zealand - but created new questions about the future of deepsea fauna as well.
Petrofac set to open “largest training facility in Oman”
Global energy services provider Petrofac has entered a joint venture agreement with the Oman Oil Company (OOC) to set up a training centre in the Sultanate.