Aberdeen-based Eland Oil & Gas this morning confirmed plans to raise between $14.5million and $19.5million through a proposed placing of new voting ordinary shares of 10 pence each in the company.
Scotland should focus on a UK-wide Brexit deal rather than constitutional issues in order to grow the economy, the head of a leading business group has said.
The eyes of the oil and gas world will be firmly fixed on the Offshore Technology Conference in Houston next week and I’ll be going there with a simple message: if you want to invest, it’s time to put Aberdeen on your radar.
An Aberdeen-based entrepreneur has snapped up an oil and gas consultancy founded more than 30 years ago to carry out support services on the Forties oil field.
An event celebrating the business links between the north-east and Houston has marked its landmark fifth anniversary by welcoming its largest ever international delegation.
As an industry we too often have our gaze drawn north towards Aberdeen and south towards London, without giving proper dues to the fantastic work that’s being done in the key energy hubs around the UK.
The North Sea’s newest helicopter operator NHV has logged 10,000 flight hours. The Belgian based aviation firm’s eight strong fleet of H175 aircraft helped hit the milestone. The first two aircraft were introduced to the North Sea fleet in December 2014 by NHV. The Airbus manufactured choppers have since completed more than 4,750 flights
Unions are calling for political intervention in order to help foreign sailors who have been stranded on a vessel in Aberdeen Harbour for the past four months.
Aberdeen based independent oil and gas company Eland has produced more than 150,000 barrels of oil equivalent (boe) so far this month from its West African well.