Heavy-duty demand for Hydro kit
HYDRO Group has reported increasing demand for its heavy-duty electrical connectors in the Norwegian market.
Oil & Gas
Craig on fact-finding mission at ONS
CRAIG International Supplies could open a base in Norway, the managing director of parent Craig Group said at ONS
Ferguson Norge expects strong results this year
Ferguson Norge, part of Aberdeenshire-based Ferguson Group, has reported record levels of business in 2007, with a strong performance predicted for 2008.
Venture boss reports bumper year so far
Venture Production said yesterday it had achieved a record financial performance in the six months to June 30 thanks to higher production and strong oil and gas prices.
Hunting lining up bolt-on buys for energy service arm
Hunting said yesterday its Hunting Energy Services division was planning acquisitions of complementary businesses as demand for products and technical expertise continued to outpace industry supply.
Private equity still active player in energy sector
A SIGNIFICANT shift in the credit and equity markets is increasingly becoming an issue affecting certain elements of the Norwegian oil and gas markets.
Aker buyout accelerating Qserv business in Norwegian sector
A north-east oil service company has started a major push into Norway, it emerged yesterday.
Wood aiming to raise profile at ONS
NORWAY is a key market for international energy service company Wood Group and this year marks the seventh time the firm has participated at ONS.
Global Energy signs partnership deal with Bergen Group
Global Energy Group, a Scottish contracting and service-based company which supports the international energy industry, announced a Norwegian tie-up yesterday.
Subsea sector could face choppier waters
THE UK's booming subsea industry must prepare for choppier waters, a champion of the multibillion-pound sector has said.
North-east firms prove their worth to James Fisher
Marine service company James Fisher and Sons said yesterday that two north-east subsidiaries had exceeded all expectations since they joined the group.
Petrofac hopes to land work worth £5bn-plus
Petrofac, a global provider of facility services to the oil and gas production and processing industry, said yesterday it was bidding on major contracts worth more than £5billion.
UK offshore industry praised for versatility
THERE is almost nothing the UK offshore industry cannot do, Scotland Office Minister David Cairns told the Offshore Northern Seas show yesterday.
Second site in Norway to boost TWMA’s global growth
International environmental service specialist TWMA yesterday announced the opening of a new office to service increasing business from the Norwegian market.
Aberdeen firm continues to win work in Norwegian waters
An Aberdeen company providing marine technology services, Nautronix, yesterday announced another Norwegian deal.
Proserv chief confirms north-east growth plans
Proserv Group, of Norway, has confirmed plans for expansion of operations in the Aberdeen area, which will lead to more jobs locally.
Triton says VisualSoft addition will benefit both firms
Triton Group has taken another significant step forward in its plans to become a world-leading subsea technology and service group with the acquisition of an underwater digital video systems company.
Greenland area can be new North Sea, says Sir Bill
Scottish oil and gas firm Cairn Energy is ready to reap the rewards from an unexplored area with "transformational exploration potential", chief executive Sir Bill Gammell said yesterday.
High growth aspirations
Noble Denton expresses its mission as having global capability in complex marine operations and offshore engineering for the oil and gas industry, where it finds the bulk of its customers, and the renewable-energy sector.
UK oil sector urged to look east
THE Balkans could hold the key to resolving skills shortages in the North Sea offshore sector, according to a company specialising in business and recruitment links with the region.
Consultant says BE-Centrica deal would be bad move
THE UK's biggest energy consultancy, McKinnon and Clarke, has reacted angrily to the call by one of British Energy's major City investors, Invesco, for the nuclear-power generator to merge with British/Scottish Gas owner Centrica.
ITF launches joint industry project at show
The Aberdeen-based Industry Technology Facilitator (ITF) launched a major joint industry project at ONS today.
Energy firms converge on Stavanger
Bosses of the oil and gas industry from all corners of the globe are in Norway this week for the Offshore Northern Seas (ONS) energy show.
Energy windfall tax could ‘do enormous damage’
The future of the north-east's offshore oil and gas industry could be under threat if the government imposes a windfall tax on energy companies, it was claimed last night.
£83m win keeping rig busy in North Sea
NORTHERN Offshore UK has secured a contract worth about £83million for its new semisubmersible drilling rig Arctic II, which it acquired at the end of last month.