Life-saving safety training for North Sea oil workers is hailed
The crucial training that helped save the lives of 18 people on board the Super Puma helicopter which ditched in the North Sea was hailed last night as the best in the world.
Oil & Gas
Aberdeen-based Petrofac safety boss to retire
A Scot who is one of the bosses at international oil and gas facility-service provider Petrofac is to retire.
Oil service firm growing from Moray base
A YOUNG Moray company is looking to add to its workforce after breaking into the global oil and gas market.
Spotlight on health and efficiency link
OIL and Gas UK's first seminar of 2009 will focus on the link between the management of workplace health and a company's business efficiency and performance.
Targeting markets in Texas and Gulf
DOING business in Texas will be the focus of a free seminar for oil and gas service firms in Aberdeen on Monday.
Oil major maintains output growth
NORWEGIAN oil major StatoilHydro said yesterday it had achieved a strong operational performance in 2008, although its fourth quarter had been negatively affected by weaker oil prices.
Renewables fuel growth
Subocean Group is a subsea installation company with extensive knowledge of the North Sea oil and gas industry.
Broker forecasts short and sharp oil service downturn
Broker Evolution Securities believes that a downturn for oil service companies is inevitable, but it will be short and sharp, and that recovery is likely to be equally rapid and certainly apparent in 12 months.
Caledus predicts it will keep growing through the lean times
An Aberdeen-based oil service company announced plans yesterday to add more than 200 posts to its worldwide workforce by 2012.
New model agreements to ‘oil wheels of dealmaking’
OIL and Gas UK yesterday unveiled new model agreements to help companies conclude deals quickly and efficiently.
North-east quartet plan to tap into power of coal resources
Four north-east businessmen with a background in the oil industry are planning to start a new generation of coal-fuelled energy production in Scotland.
Dana strikes bargain to buy rival
Dana Petroleum said yesterday it had agreed to buy UK North Sea-focused Canadian company Bow Valley Energy for about £125million.
Atomic energy is branded ‘a busted flush’ by Salmond
A FRESH war of words broke out last night between Holyrood and Westminster over whether Scotland can survive without nuclear power.
Salmond hails green energy revolution as plans get nod
First Minister Alex Salmond hailed a new green energy revolution yesterday, claiming it would create 20,000 jobs and boost Scotland's struggling economy.
War of words over nuclear power north of the border
Scotland cannot rely on renewable energy alone, and must turn to nuclear power to safeguard future electricity production, Scottish Secretary Jim Murphy claimed yesterday.
MPs want cash for North Sea oil and gas projects
Two north-east MPs are seeking an urgent meeting with the energy and climate change secretary over the desperate shortage of capital affecting offshore developers.
Scottish-built turbines in pole position
EIGHT Scottish-built wind turbines in Antarctica are withstanding temperatures of -60C (-76F) and average winds of 53mph.
New deal puts Aberdeen at hub of green energy drive
Aberdeen is poised to become home to the biggest green energy showcase in the world - thanks to investment from the Middle East.
Nexen finds oil near recent Golden Eagle discovery
Canadian oil and gas operator Nexen announced an oil discovery yesterday in the Hobby exploration well, in block 20/1 in the outer Moray Firth.
Subsea industry exhibition going from strength to strength
Organisers of Europe's biggest subsea industry event last night hailed it as the most successful to date.
Industry’s leading lights lauded at Aberdeen dinner
LEADING lights of the subsea oil and gas sector were honoured last night.
Minister promises full support for growing subsea industry
Scottish Secretary Jim Murphy made a pledge yesterday to be the champion for the UK subsea industry.
NSRI forecast to create hundreds of jobs
Hundreds of jobs are expected to be created in the north-east following yesterday's launch of the National Subsea Research Institute (NSRI).
Energy jobs threat as economic crisis bites
Up to 50,000 jobs could be at risk in the UK oil and gas industry over the next two years because of the credit crisis and global recession.
Subsea consultant to create 30 jobs
Subsea riser engineering consultant MCS will reveal today that it plans to create about 30 jobs in Aberdeen this year.