Aberdeen arm lifted by buoyant North Sea
BUREAU Veritas, the international verification, certification and integrity-management specialist, expects further strong growth at its Aberdeen operation on the back of buoyant times in the UK North Sea.
Oil & Gas
Former PSL boss buying into Caltec success story
A FORMER boss of PSL Energy Services at Portlethen has taken up a senior role with Caltec.
Windfarm hook-up award for Subocean
ABERDEEN-BASED subsea installation company Subocean announced a £7million deal yesterday.
Ramco surges on Iraq venture hopes
Shares in Ramco Energy jumped nearly 60% higher yesterday on hopes of winning business in Iraq.
New hope for marooned workers on remote rig
AROUND 40 employees of an Aberdeen-based oil and gas drilling company were last night still stuck on a rig off the coast of northern Russia.
Gas firm pumps millions into business
ABERDEEN oilfield service company Dominion Gas said yesterday that it had just completed a further £4million investment in the business to help growth.
Offshore activity helping to keep Subsea 7 busy globally
OFFSHORE engineering group Subsea 7 said yesterday that activity levels in the North Sea remained high in the second quarter of 2008.
Angry workers stranded on rig
Nearly 40 employees of an Aberdeen-based oil and gas drilling company are stranded on a rig in a remote area to the north of Russia.
New firm to target stranded assets
Three former employees of Enterprise Oil have set up their own company to acquire and develop oil and gas properties in the North Sea and northern Europe.
‘Time running out’ for marine solutions
MARINE energy has a vast potential to contribute eco-friendly energy, but has only 10 years to prove itself as a viable technology or risk being eclipsed by other energy sources.
£35m win for Subsea 7
SUBSEA 7, the underwater engineering and construction company, said yesterday it had been awarded an engineering, procurement, installation and commissioning contract valued at about £35million by Centrica.
Tests on Moth yield positive results – Oilexco
Oil and gas operator Oilexco said yesterday it had successfully flow-tested gas condensate at significant rates from its Moth discovery in the UK North Sea.
Swellfix set to grow after HQ gets revamp
Oil services company Swellfix said yesterday it was poised for further strong growth after ploughing around £250,000 into its Aberdeen headquarters.
Ettrick to be on stream later in year
Canadian energy group Nexen expects first production from the Ettrick field development in the North Sea to start in the last quarter of this year.
Oil project is music to their ears
TECHNOLOGY developed by Aberdeen-based music software company Soundmotion is being adapted for use in the quest for new oil.
BP to spend £750m in developing Alaskan field
Oil major BP is to spend £750million to develop the Liberty oil field in the Beaufort Sea off the northern coast of Alaska, according to the company.
Certex to launch offshore division
CERTEX International - the largest distributor of lifting products and services in Europe, which has a base in Aberdeen - is launching a new offshore division that will give its customers access to a wider range of products and services.
Leading expert appointed
ABERDEEN-BASED composite pipe repair solutions provider Walker Technical Resources (WTR) is moving into its next stage of global growth by appointing Professor Simon Frost as technical director and exporting to new markets around the world.
Oil firms urged ‘pull workers out’
There were fresh calls last night for oil companies to pull British workers out of Nigeria after the UK Government warned it would be "reckless" to remain without proper security advice.
China’s turbine firms prepare to storm global wind markets
EXPLOSIVE growth in the demand for wind power has created a global waiting list for wind turbines, according to ClimateChangeCorp. It says Chinese turbine companies may be part of the solution as they ramp up production and get ready to export. And according to the Global Wind Energy Council (www.worldenergy.org), China will become the top wind turbine manufacturer by 2009.
Survey highlights need for improvement
MANAGING the risk of non-compliance with contractual requirements has therefore significantly increased in importance. The irony is, under most corporate risk management structures, contract risks are often not addressed using a systematic approach.
Building world where no one can excel
So here it is, the result of education, education, education - a system that leaves students wishing to take up science subjects at university now needing an extra year's education for, among other things, "remedial maths".
Caledonian nous key to Varel’s success
Late spring saw Aberdeen company Downhole Products gobbled up by fast-growing Varel International for an undisclosed sum. What perhaps differentiates this deal from so many others is that Varel's president is a Scot who led a management buy-in of the US firm in 1998 when it was about the same size as the latest target.
BP report points to fall in output
The annual BP Statistical Review of World Energy is an essential reference source. It gives production and consumption statistics for many countries and all the regions in the world, disaggregated by oil, gas, coal, nuclear energy and hydroelectricity.
The worst is perhaps yet to come
"The location for today's attack was deliberately chosen to remove any notion that offshore oil exploration is far from our reach".