Outlook improving for Premier
Oil and gas operator Premier Oil is expected to shrug off recent exploration disappointments this year, with plans for at least 14 new wells.
Oil and gas operator Premier Oil is expected to shrug off recent exploration disappointments this year, with plans for at least 14 new wells.
Wood Group enjoyed a jump in profits in 2012, thanks to increased spending from oil and gas operators worldwide.
Shares in Aberdeen-based oil and gas firm Xcite Energy traded as low as 35p yesterday despite closing at 72.5p.
A north-east oil firm could be heading for a £100million stock market flotation in the coming weeks.
David Barclay, divisional director of Brewin Dolphin based in Aberdeen, gives his view on today's acquisition by Parkmead.
THE UK Government has been warned not to "shoot from the hip" on future tax changes for the oil and gas industry after First Minister Alex Salmond called for new legislation to stop the Treasury imposing shock levy increases.
New UK North Sea oil and gas operator EnQuest, formed in a spin-off of assets by British energy services group Petrofac and Sweden's Lundin Petroleum, is to get backing of £180million to pursue acquisitions.
GLOBAL energy consultancy Poyry has strengthened its Aberdeen team with three senior promotions to board level as it drives forward its expansion plans for North Sea activity.