Russian gas starts flowing into Europe
Russian natural gas began flowing into Europe yesterday after a nearly two-week cut-off that left large parts of the continent shivering.
Oil & Gas
Bridge marks first North Sea success
BRIDGE Resources, the Denver-based oil and gas operator which focuses wholly on the UK North Sea, held a reception in the Marcliffe Hotel, Aberdeen, last night to mark its success in bringing the southern North Sea gas field Durango into production at the end of November.
North-east firm hails court decision to revoke patents
Offshore Hydrocarbon Mapping, the Aberdeen-based oil and gas survey company, yesterday welcomed a UK High Court decision to revoke three key patents granted by the European and UK patent offices to Norwegian firm EMGS.
Aker expecting loss on Frigg contract
AKER Solutions said yesterday its fourth-quarter results would be hit by an accounting loss.
Tritech nets chief from sister company
Aberdeenshire oil and gas technology company Tritech said yesterday that John Smith, previously technical director of fellow Halma Group business Sonar Research and Development, had been appointed technical director.
More jobs in the pipeline as Global growth story continues
Scottish contracting and service firm Global Energy Group is poised for another year of strong growth after seeing annual turnover climb to about £130million, chairman Roy MacGregor said yesterday.
Cairn gets go-ahead to develop more Indian discoveries
Oil and gas explorer Cairn India, majority owned by Edinburgh-based Cairn Energy, said yesterday it had received Indian government approval to develop more discoveries.
Row shows need for secure supplies
THE UK Government was urged last night to increase support for the exploitation of North Sea gas reserves in the wake of Russia's dispute with the Ukraine which cut off supplies to Europe.
Hostages rescue mission ‘botched’
MILITANTS said yesterday the Nigerian military botched a rescue mission aimed at liberating two British hostages captive in the country's southern oil region.
Russia and Ukraine reach gas deal
Russia and Ukraine announced a deal yesterday to end the bitter dispute that has blocked Russian natural gas from Europe for nearly two weeks.
Subsea 7 axes contractors but remains confident
SUBSEA 7 has confirmed that about 20 contractors are no longer working for the engineering and construction company in Aberdeen.
A big Dales Marine Services welcome for catamaran
NORTH-EAST firm Dales Marine Services has hailed the presence of a catamaran in its dry dock in Aberdeen for the first time as a milestone.
Finance expert takes the helm at oil service firm
The head of structured finance with the Royal Bank of Scotland in Aberdeen has left to head up a new oil service group.
Cairn boardroom role for ex-Talisman chief
THE former chief executive of Canadian oil firm Talisman Energy, Jim Buckee, has joined Cairn Energy, of Edinburgh, as a non-executive director.
Putin urges European gas firms to pay to restore supplies
Russian Prime Minister Vladimir Putin last night urged Europe's gas companies to help pay to get supplies back on track.
OHM to cut workforce in latest move to save cash
Troubled Aberdeen company Offshore Hydrocarbon Mapping (OHM) is to cut its workforce, it confirmed yesterday.
Exploration set to slow in UK waters – Deloitte
Exploration activity on the UK continental shelf (UKCS) remained high last year, according to figures released yesterday by Deloitte.
AMEC expects to beat City earnings forecast
AMEC, said yesterday it expected its pre-tax profits for 2008 would beat market expectations.
Venture leaps on takeover speculation
SHARES in Aberdeen oil and gas firm Venture Production jumped yesterday as takeover speculation mounted.
Wood invests £281,000 in arctic engineering
ABERDEEN-BASED Wood Group launched its sponsorship yesterday of a professorial chair in arctic engineering at the Memorial University of Newfoundland (MUN) in St John's, Canada.
Kintore-based firm maintains focus with new name
A BUSINESS unit of Norway's Proserv Group which has its headquarters in the north-east has become a separate company to help it to accelerate growth.
Risk of jobs losses at North Sea drilling contractor
More than 100 jobs could be at risk at a North Sea drilling contractor following oil company Talisman Energy's decision to put its platform drilling operations in the region on hold.
Freezing European countries plead for Russian gas
The leaders of gas-starved European nations travelled to Ukraine and Russia yesterday pleading for supplies to be restored.
Norway closes gas field amid safety fears over lifeboats
Fresh fears have been raised about safety on oil rigs and platforms after it emerged that Norwegian authorities have had to close a gas field because of a problem with lifeboats.
Fuelled by focus on energy
As a partner and head of energy for national law firm McGrigors, Bob Ruddiman is regarded as one of the UK's leading experts in his field.