Aberdeen firm completes first phase of £5m Invergordon base upgrade
RBG, of Aberdeen, said yesterday it had completed the first phase in a planned £5million expansion of its Invergordon base.
RBG, of Aberdeen, said yesterday it had completed the first phase in a planned £5million expansion of its Invergordon base.
International oil service company Baker Hughes INTEQ is expected to make an announcement today on possible job losses.
ATR Group of Aberdeen today announced the sale of one of its businesses.
OIL major BP said yesterday it had finalised the revision of the shareholder agreement with its Russian joint-venture partners in Russia's third-largest oil company TNK-BP.
Europeans left freezing and in the dark saw their hopes for an end to the Russia-Ukraine gas dispute sink after officials failed to reach a deal which would restore power to millions of homes.
The world's largest oilfield service provider, Schlumberger, might cut employee numbers in the north-east, it emerged yesterday.
MONTROSE oil and gas technology manufacturer Merpro has shipped out a consignment of produced-water hydrocyclone modules to Abu Dhabi.
ABERDEEN-BASED IT specialist Sword Pragma has landed a three-year contract with Total E&P UK, with options to extend for a further two years.
Development of the Huntington oil discovery will go ahead as planned despite its operator, Oilexco North Sea (ONS), going into administration this week.
Scottish engineer Weir Group said yesterday it was increasing its full-year profit forecast again after performing well in the fourth quarter and enjoying positive currency effects, notably from the strengthening US dollar against the pound.
An end to the gas supply crisis in Europe appeared to be close last night after Russia vowed to restore full services once observers are in place to check flows through Ukraine.
Scottish Secretary Jim Murphy will welcome subsea industry leaders and delegates when Subsea 09 opens in Aberdeen next month.
FAROE Petroleum, the Aberdeen-based oil and gas company, said yesterday it was planning to participate in three near-term wells in Norwegian waters, in each of which the company has a 10% interest.
Russia shut off all gas supplies to Europe through Ukraine yesterday, leaving tens of thousands of people in more than a dozen countries without heat during a winter cold snap.
Ernst and Young was appointed yesterday as administrator for oil and gas company Oilexco North Sea (ONS).
ABERDEEN-BASED Subocean revealed yesterday that it had landed renewable-energy contracts worth more than £100million in 2008.
One of the world's most dangerous nuclear power plants, mothballed after international protests, may be reopened because of the Russian gas row, it emerged yesterday.
Faroe Petroleum saw its shares jump more than 40% at one stage yesterday after investors welcomed a second potentially large gas discovery in the Breagh area of the southern North Sea.
SCIENTISTS from Aberdeen University have discovered a natural and renewable way of producing hydrogen to generate electricity.
Ithaca Energy said yesterday it had completed the installation of the Jacky oil field platform and associated pipelines in the inner Moray Firth.
Aberdeenshire company Triton Group said yesterday it had completed its ninth acquisition since its formation in 2007.
Russia raised the stakes in its gas dispute with Ukraine last night - risking serious reductions in supplies to European Union countries.
Aberdeen company Rubberatkins has announced a £3million expansion plan for 2009.
2009 is likely to be a year of consolidation in the oil&gas industry in response to the economic downturn. As Alec Carstairs writes opposite, last summer, the sector seemed to be faring well, with the oil price peaking at record highs of above $147 a barrel in July before crashing.
Last month, the member states of the European Union (EU) and European Parliament approved - in a fanfare of publicity - a climate and energy package proposed by the European Commission (EC). It has been popularly described as the 20/20/20 package - to establish a 20% share for renewable energy and to cut greenhouse gas emissions by 20% by the year 2020.