Collaboration needed for safety to take precedent over profit
It was the longest car journey of my life.
gas companies
Booming American oil and gas industry a huge jobs generator
The oil industry is booming in North America where shale has become the biggest industrial success story of the decade despite mounting environmental concern about the heavy use of rock fracturing to release the prize.
First OSRL emergency subsea well capping system ready for action
Oil Spill Response Ltd (OSRL) has taken the wraps off cutting-edge well capping equipment that can be deployed around the world in the event of a subsea well control incident.
Oil fields to come on stream
A £989million project by Aberdeen-based Dana Petroleum to bring on stream two UK oil fields was given the go-ahead today.
Expro pours £5m into new Aberdeen site
International oilfield service firm Expro said yesterday it had invested about £5million on a new base in Aberdeen for its growing well-intervention business.
Non-essential work cancelled
Two major oil and gas companies are to suspend all "non-essential" work carried out on their North Sea platforms as helicopters remain grounded following an emergency ditching last week.
‘Our copters are safe’ – Super Puma boss defends aircraft
THE pilots who ditched a Super Puma helicopter in the North Sea on Monday were warned that there was a problem with oil and lubrication in the gearbox, the Press and Journal can reveal.
Eurasia orders 4th Caspian jack-up from Lamprell
London-listed Eurasia Drilling Company (EDC) has placed an order with Lamprell for a fourth jack-up drilling rig for deployment in the Caspian Sea.
D&D benefits from oil and gas boom
Dron and Dickson, a specialist in design, supply and maintenance of hazardous-area electrical equipment, yesterday announced the best year yet for its Aberdeen wholesale division.
Big Oil has opportunity to become major player in offshore wind
Oil and gas companies could if they wish become key players in the multi-billion offshore wind mega-projects market.
Law firm mentors pupils
Aberdeen-based law firm, Paull & Williamsons is working with Robert Gordon College on a new mentoring scheme.
Strong global competition for staff
Aberdeen-based oil and gas companies increasingly find themselves facing growing global competition for an ever-decreasing pool of adequately experienced and qualified oil and gas professionals.
Tullow Oil top in UK ranking
Tullow Oil has once again been named the top UK upstream independent oil company.
Maersk Discoverer picked by BP for work off Egypt
Maersk Drilling has won a £488million contract with BP for a deep water rig.
EPC Offshore wins string of contracts
EPC Offshore said yesterday it had already reached its turnover target for the current financial year after winning a string of contracts in one month.
Aim-listed energy firms ‘vulnerable to predators’
Market volatility and a resultant fall-off in share prices has left Aim-listed oil and gas firms vulnerable to takeover, according to sector specialists at Ernst and Young.
Valentine’s Day bounty for Wood
The oil & gas sector has rarely had a quiet week since the start of 2011, with a slew of corporate activity already hitting the headlines.
Aberdeen oil entrepreneur could cash in by £34million
An Aberdeen entrepreneur who has created one of Europe's top independent oil and gas firms could pick up more than £34million from its sale, it emerged yesterday.
Bosses to reveal their company strategies
LEADERS of two significant oil and gas companies emerging from periods of transition will reveal what Oil and Gas UK's latest activity forecasts mean for their businesses at a breakfast briefing on Wednesday, May 26 at the Beach Ballroom, Aberdeen.
RBG has a new man at the helm of energy services company
Aberdeen-based RBG said yesterday that Dave Workman had now become its new chief executive.
Oil firm in deal over Stable assets
A new company said yesterday it had acquired key parts of Aberdeen oil field products firm Stable, which went into administration in August.
Oil and gas firms see growth for second quarter in row
Oil and gas companies listed on the Alternative Investment Market (AIM) have seen an upturn in their fortunes for the second quarter in a row.
Investment slashed as incomes slide
Investment is being slashed by tens of billions of dollars across the oil&gas sector, largely as a result of the precipitous drop in prices since July, 2008. Global upstream budgets are falling for the first time in 10 years, according to the International Energy Agency.
Shell and Exxon next in the spotlight
All eyes will now be on Shell and ExxonMobil, which will announce huge third-quarter profits tomorrow.
Upstream construction costs rocket
COSTS associated with constructing new oil&gas upstream facilities have reached a new record high, according to the latest IHS/Cambridge Energy Research Associates (CERA) Upstream Capital Costs Index. They are up 6% over the past six months and have doubled since 2005.