Delegates and exhibitors ‘in buoyant mood’
A record-breaking Subsea 2011 conference and show in Aberdeen has fuelled confidence that a sector leading the oil and gas industry out of recession can keep growing exports.
gas industry
Balmoral boss hails evolution of industry
THE chairman and managing director of Balmoral Group says he is extremely optimistic the north-east will reap the benefits of the oil and gas industry for years to come.
Marketec could help to prevent drilling disasters
An Aberdeen company has produced a training tool for offshore workers to gain a better understanding of pressure-control systems and help to prevent drilling disasters.
Buchan fills Cosalt Offshore hotseat
Aberdeen-based Cosalt Offshore has named Rod Buchan as its new chief executive.
Total pouring £645m into North Sea development
The North Sea oil and gas industry got another boost yesterday with news of a £645million investment from Total E&P UK.
Oil industry ‘must focus on attracting fresh talent’
There was another impassioned plea last night for the UK oil and gas sector to work harder at wooing potential new recruits.
EI and SPE team up for post-grad students showcase this month
If you care about the future of the oil and gas industry, don't miss this event.
Jamie Oag – engineer and eternal optimist
His has not been a smooth road, but is anyone's?
Fewer than 300 licences up for grabs in 26th UK round
The UK Government said yesterday it had offered oil and gas licences for 268 blocks in the 26th offshore licensing round.
First buy in Colombia for ITS Group
ITS Group continued its international expansion with its first acquisition in Colombia in South America.
Perfect choice for Lux Innovate
Women who have smashed through the "glass ceiling" in the UK oil & gas industry are as rare as hen's teeth, unlike Norway, where women in senior posts are commonplace by comparison.
Opito International taking message overseas
OPITO International is to launch the first international conference focused on global safety and competency in the oil and gas industry.
Mixed quarterly results for oilfield service giant Baker
BAKER Hughes which completed its acquisition of BJ Services on April 28, said yesterday it had achieved net income of £58.49million for the second quarter of 2010, compared with £54.72million a year earlier.
Technology firm appoints finance boss
RED Spider Technology, the remote-technology specialist serving the international oil and gas industry, has appointed Gary Connel to the new post of chief financial officer and as a director as part of its growth strategy.
Seeding a global standard through consensus
IT HAS been a difficult and sensitive few months for the global oil&gas industry. While never an activity universally beloved by all parts of society, recent events have seen the sector come under increasing scrutiny, with inevitable questions raised over how we balance the global demand for energy with our ability to safely tap into increasingly remote hydrocarbon reserves.
New man at the helm of e-learning specialist Atlas
E-LEARNING specialist Atlas Interactive has a new chief executive.
SeaEnergy aims to sell major asset
SeaEnergy said yesterday it planned to sell all or most of its 80% stake in subsidiary SeaEnergy Renewables (SERL) and had already had some approaches.
Cosalt pours cash into lifeboat business
COSALT Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has invested more than £1million in developing its lifeboat division to underpin expansion plans.
Training programmes point to gap between industry standards
There appears to be a significant gap between the basic standard of survival training for UK offshore wind power when compared with the oil&gas industry - one day versus three.
Ex-fisher nets engineering scholarship
A FORMER fisherman from Macduff has been named as the recipient of this year's FMC Technologies scholarship at Robert Gordon University, in Aberdeen.
Fledgling sector must not forget safety
Workers in the fast-growing offshore renewables industry could die unless safety lessons are learned from the oil and gas industry, delegates at the opening day of the All-Energy show in Aberdeen were warned yesterday.
Work starts on new Hallin HQ at Westhill
OIL and gas industry subsea contractor Hallin Marine has begun work on new £3million premises for its western division headquarters which will house 180 staff.
Offshore renewables firmly on map
For just over a decade, the renewables industry has been meeting in Aberdeen to sketch out the future of offshore wind and marine energy at All-Energy, plus Scottish Renewables has, on occasion, staged events, too.
RBS involved in £78m-plus refinancing of rig provider
The Royal Bank of Scotland announced at the OTC oil show in Houston yesterday that it was involved in a £78million-plus refinancing of Northern Offshore (NOF).
Rapid growth for RMSpumptools
An Aberdeen company has grown its workforce by nearly 20% in a year in response to growing demand from the oil and gas industry for its specialist equipment and services.