Devex delegates in pursuit of ‘ultimate recovery’
AROUND 300 delegates attended the opening sessions of the oil and gas industry's annual Devex event in Aberdeen yesterday.
Oil & Gas
Houston one day, Rio de Janeiro the next
Houston one day, Rio de Janeiro the next -- the managing director of Aberdeen firm Cresent leads a hectic life travelling the world on business.
KCA Deutag stalwart Maurice White retires
A STALWART of the north-east oil and gas industry has retired after 31 years at drilling contractor KCA Deutag, the firm confirmed yesterday.
ESS lands lucrative deal with Technip
STAFF at ESS Support Services Worldwide, the Aberdeen-based catering and facility-management subsidiary of international foodservice firm Compass Group, are celebrating winning a lucrative contract.
Short-termism warning for UK oil industry
Scotland's energy minister, Jim Mather, will warn today of the dangers of short-sighted decision-making in the North Sea oil and gas industry.
Global role for Davies at Subsea 7
SUBSEA 7 has a new UK vice-president following a management reshuffle, with Steph McNeill taking over the role from Robin Davies.
AMEC wins new BG deal in North Sea
AMEC, the international engineering and project-management company, has been awarded a two-year contract extension in the North Sea.
Sovereign announces double sale
A troubled Aberdeen-based oilfield service company yesterday announced the sale of two operations to raise £5.45million.
£1.8m boost for Petrel oil projects in Iraq
OIL explorer Petrel Resources said yesterday it had raised more than £1.8million through the placing of shares with three long-standing institutional shareholders.
Oil firms line up for compensation
Dozens of oil companies are said to be in a strong position to seek compensation from the Venezuelan government after it seized control of operations in the country.
Oil and gas show shrugs off swine flu effect
Organisers of the world's most important oil and gas show are delighted at the success of this year's event, despite the impact of the economic downturn and swine flu.
Melrose announces gas find in Egypt
MELROSE Resources, the Edinburgh-based oil and gas operator, said yesterday it had made a gas discovery and achieved first production from two new field developments in Egypt.
International focus now more important for Scots industry
Scottish Enterprise energy team director Brian Nixon said yesterday it was more important than ever for Scottish companies to look to new markets.
Clydesdale still in the market for deals, say Aberdeen trio
Three of Clydesdale Bank's senior staff from the Aberdeen office are at OTC to let the industry know that the bank is still open for business.
Technology award success for Nautronix
AN ABERDEEN company providing marine technology services has picked up a top award at OTC.
Thomson overseeing growth plan
HOUSTON-BASED crane firm Energy Cranes has experienced rapid growth in the past 18 months.
Personal safety beacons may be restored to offshore survival gear
SCOTTISH Secretary Jim Murphy said last night that North Sea workers commuting to platforms offshore by helicopter may have personal safety beacons restored to their survival gear.
Union to appeal over North Sea workers’ leave
Union bosses are poised to appeal to Scotland's highest civil court over a ruling that offshore workers are not entitled to extra paid leave under working-time regulations.
Sheehan understands US market
THE chief executive of offshore accommodation firm Ferguson Modular, part of the Inverurie-based Ferguson Group, is at OTC to promote the company's growing international business.
RBG USA claims industry first for UHP machines
RBG USA, a subsidiary of Aberdeen group RBG, is claiming an industry first.
STATS Group setting up Texas operation
ENGINEERING specialist STATS Group is to set up a branch in Texas.
Houston key centre for Aker Qserv
North-east oil service company Aker Qserv sees Houston as a key centre from which to expand its international development.
Subsea 7 North America VP has north-east roots
ENGINEERING and construction group Subsea 7 has a new vice-president with north-east roots at the helm of its North America region.
Proserv launches decommissioning service
Proserv Offshore, which has its global headquarters at Kintore, in Aberdeenshire, has launched new decommissioning service Proserv Energy on its stand at OTC.
New demand for offshore tax relief
Pressure for more tax relief to encourage offshore exploration and ease the threat to North Sea jobs was stepped up last night.