‘Clean’ power stations bid could create thousands of jobs
UK Government plans for "clean" coal power stations could create 50,000 jobs, Energy and Climate Change Minister Ed Miliband forecast last night.
Oil & Gas
Sparrows wins key Norwegian contracts
SPARROWS Offshore, the crane service arm of Aberdeen-based Energy Cranes International, has landed crane-modification and upgrade contracts in Norway worth more than £1million for completion this spring.
OHM bosses taking pay cuts to help keep business afloat
Bosses at Offshore Hydrocarbon Mapping, the Aberdeen-based provider of specialist oil and gas survey services, have taken substantial pay cuts as losses at the troubled company widened in the six months to February 28.
Talks with Australian firm on new personal beacons
A BODY representing the UK's oil and gas industry is expected to meet an Australian firm which claims to have designed a replacement for controversial personal locator beacons for offshore workers.
Oil and gas left looking for more from budget deal
Many North Sea oil and gas companies were left disappointed by yesterday's long-awaited tax changes.
Getting right rig challenge for Desire
DESIRE Petroleum, the UK-listed oil and gas explorer which focuses on the South Atlantic, said yesterday its biggest challenge over the next few months was to secure a suitable rig at a suitable price from as close to the North Falkland Basin as possible.
Ideas and passion more important than age
SCOTTISH lingerie tycoon Michelle Mone told an event in Aberdeen yesterday that age did not matter for success.
Hunting adds subsea business in £38m deal
Energy service group Hunting said yesterday it had acquired privately owned Houston-based National Coupling Company (NCC), which develops and manufactures subsea hydraulic equipment, for about £38million in cash.
Shetland vessels booked into dry dock
THE first of four vessels from Shetland booked for dry docking with Dales Marine Services this year is now at the Aberdeen facility.
North Sea still group’s most profitable region
Subsea 7 said yesterday that the market outlook continued to retain a degree of uncertainty for the medium term as a result of the current economic climate.
Faroe boosts reserves in busiest year yet
Faroe Petroleum, the Aberdeen-based oil and gas operator, said yesterday that 2008 had been its busiest year yet.
Order flow strong at Aberdeen business
ABERDEEN-BASED Electro-Flow Controls (EFC), was yesterday celebrating the best six months of new orders in its 22-year history.
Oilfields tax break may lift the Budget gloom
A substantial tax break for new investment in "marginal" oil developments offshore is expected in tomorrow's Budget.
TWMA makes new appointment
INTERNATIONAL environmental service specialist Total Waste Management Alliance (TWMA) has announced the appointment of Ralph John as vice-president of business development for the Middle East.
Long flight delays as aircraft out of action
THE grounding of two models of Super Puma affects just over half the fleets of leading North Sea helicopter firms.
Safety beacon solution ‘is top priority’
Finding a solution that will allow offshore workers to once again use personal safety beacons on helicopter journeys is a top priority, an industry body said yesterday.
Network organisation going for growth
A NETWORK organisation has been set up in Aberdeen to support energy technology companies identify and capitalise on business-growth opportunities.
Offshore helicopters to remain grounded
All Super Pumas of the type involved in recent North Sea crashes are to remain grounded until the necessary inspections and modifications are carried out.
Super Pumas grounded as crash cause remains riddle
Twenty-five helicopters that service the offshore oil and gas industry have been grounded after urgent safety checks were ordered on two models of the Super Puma aircraft.
Offshore workers face long delays
The grounding of two models of Super Puma affects just over half the fleets of leading North Sea helicopter firms.
Shell looking to replace furnaces at north-east gas terminal
OIL giant Shell has unveiled plans to power up its site at a north-east gas terminal.
OTC visitors warned of Esta online fee ‘scams’
BUSINESS people preparing to go to America for world's most important oil and gas show next month have been warned to be aware of official-looking websites seeking to part them from their cash unnecessarily.
BP chairman fends off critics as investors vent anger
BP shareholders registered their anger at senior directors' pay and their connections to the Royal Bank of Scotland by only narrowly passing the firm's remuneration report yesterday.
Uncertain future for workers at Oceanteam
More than 100 north-east employees of a Norwegian offshore service company face an uncertain future after it said it was reducing its activities.
Administrator reveals ONS liabilities more than £1billion
Oilexco North Sea (ONS) has liabilities of about £1.1billion, a joint administrator for the crashed oil company said yesterday.