Chancellor faces challenge over ‘vindictive’ move on offshore staff
Pressure is mounting on Chancellor Alistair Darling over tax changes which could hit thousands of offshore workers.
Oil & Gas
Energy firm boosts cancer-centre bid
A NORTH-EAST cancer charity's appeal to build a new support centre has been given a massive boost after an energy services company pledged £20,000 to the cause.
Salmond’s sea power pledge to the north
First Minister Alex Salmond last night promised a massive economic boost for the north within a generation, as plans for a major marine energy development in the Pentland Firth were unveiled.
Progress pleases Ramco boss
Ramco Energy, which recently refocused as an energy investment company with a strategy of investing in both oil and gas and renewable energy, said yesterday it was delighted with the progress made since it announced its new vision.
Developments in pipeline for Aberdeen oil service firm
A young Aberdeen oil service firm yesterday revealed ambitious expansion plans.
Hallin buoyed by continued offshore boom
Hallin Marine said yesterday oil and gas producers were continuing to push forward with offshore construction projects and drilling activity remained at a record high.
Power provider investing in gas engineers
SCOTTISH Gas today announced a major expansion of its training academy north of the border and the doubling of recruitment of apprentice gas engineers over the next year.
EnCore staying focused on drilling campaign
ENCORE Oil said yesterday it had focused attention this year on the delivery of its strategy; the key elements of which are to maximise the potential of assets and to monetise them at the appropriate time to create the greatest shareholder value.
North-east businessman taken hostage
Shell has begun downmanning facilities in Nigeria after a dramatic 24 hours of violence which saw a north-east businessman snatched from his home.
Faroe upbeat over venture’s potential
Faroe Petroleum, the Aberdeen-headquartered oil and gas company, said yesterday its latest exploration venture was targeting a significant prospect in a prolific area of the central North Sea.
Oil prices fall to their lowest level since April
Oil prices slid to their lowest levels since April yesterday amid signs that production cartel Opec was planning to keep supply levels steady.
Westminster urged to back North Sea sector
The UK North Sea sector needs support from Westminster to encourage fresh investment and achieve its full potential, a conference heard yesterday.
Law firms’ key role in oil and gas highlighted
Aberdeen-based law firms and firms with Granite City offices are highlighted in The Legal 500 as the key players in Scotland in the oil and gas sector.
Bid to encourage pupil scientists
AN OIL and gas leader wants to fuel the imagination of young people studying science by highlighting opportunities for them in the industry.
Oil service group had £33m of debts
Aberdeen oil service group C&M had debts of more than £33million when it went into administration, it emerged yesterday.
Chrysaor signs up to Spanish Point farm-out
Providence Resources has signed a staged farm-out agreement with Chrysaor, a privately owned UK development-led company, covering the Spanish Point discovery in the Porcupine Basin, west of Ireland.
Desire’s Arcadian dream pays out to tune of 85%
This was a very badly kept secret - at last Arcadia Petroleum has Falkland Islands government approval to farm into North Falklands Basin Tranches C and I.
MPD already drilling the un-drillable
IT DOESN'T take an oil minister to tell us that we need more oil and that it is "understood by Government at the highest level". Any teenager old enough to fill up the family car knows that. Consumers pay good money for petrol to make sure oil companies also know that. That has been the real incentive to tackle fields previously viewed as too old, too deep, too hot, and develop the technology to make it happen.
It can’t be done, says CBI chief Lambert
THE EU's greenhouse emissions and renewable energy targets are "unrealistic" and could damage European business, according to the head of the Confederation of British Industry (CBI).
Sustainability costs through the roof
A STUDY by the Royal Institute of Chartered Surveyors shows that the payback periods for energy technologies installed in the average home in England and Wales are lunatic.
High-efficiency supply chain is a must
Oil & Gas UK turns the spotlight towards the UK oil&gas supply chain in November with two major events specifically designed to help strengthen the long-term future of this hugely important part of the sector.
Russian Bear takes a swipe at Georgia
The continuation and evolution of "The Great Game", that oft-quoted 19th-century struggle for dominance between Imperial Britain and Czarist Russia, was among the topics discussed over coffee with Energy's editor, Jeremy Cresswell, on August 4.
Engineering consultancy at threshold of founder’s dream
Computational mechanics specialist Prospect is in an expansionist mood with the expectation that its workforce will grow from 40 today to 140 by 2010.
Are you getting your fair share?
"I HAVE registered with FPAL but I still don't seem to be getting my fair share of orders. Why is that?" - this is a common complaint heard by FPAL purchasers from disgruntled suppliers.
Greening North Sea infrastructure
The importance of meeting future world energy demands and, at the same time, reducing carbon footprint is moving further up the global agenda. And to meet these challenges will involve a great deal of creativity from both our industries and our wealth creators.