Koreans land £1.24billion Rosebank production vessel deal
Oil giant Chevron has agreed a £1.24billion deal with Hyundai Heavy Industries to build a production vessel for a huge oil field west of Shetland.
Oil giant Chevron has agreed a £1.24billion deal with Hyundai Heavy Industries to build a production vessel for a huge oil field west of Shetland.
Offshore service contractor Bilfinger Salamis, formerly BIS Salamis, has added Murray Strachan to its board in the new role of strategic development director.
OK, time to speak out; I've had enough of the moaning that's going on in and around Aberdeen regarding renewable energy. And I'm becoming increasingly irritated at the Ministry of Defence, which has so far attempted to block 30 or so wind projects in the north-east corner and many more UK-wide.
It must be many a small boy's dream to become an astronaut: to explore the unknown, to use fantastic technology and gadgets and to push the boundaries of man's capabilities.
Global skills body Opito said yesterday there was an improved focus on apprenticeship schemes as a gateway for the next generation of employees entering the oil and gas industry.
For too long, some have perceived the UK's oil and gas contractor sector as the silent partner in contracting relationships.
Romanian company Grup Servicii Petroliere (GSP) has been awarded a contract by Wintershall Noordzee for offshore drilling services in the Dutch sector of the Southern North Sea.
PLANS have been tabled for a £200million windfarm off the coast of Aberdeen which could help turn the north-east into a global leader in the renewable energy industry.
As the old year gives way to the new and we start the long, slow climb out of winter darkness - at least here in Aberdeen and all points north - it is an opportunity to reflect on where we've been, where we might possibly be going and what we could do better.
"We're three years into the Acteon phase of Seatronics; three pretty exciting and very different years," says David Currie.
If you are considering working abroad for a year or more and taking your family with you, then you will be well aware that it's a major life decision. As the North Sea oil&gas supply chain increasingly internationalises, postings abroad are likely to become more prevalent than in years past.
Sales by oil and gas service companies based in Scotland have hit a record £15.4billion, with much of the extra cash going to businesses in the north and north-east.
Industry body Oil & Gas UK said yesterday that business confidence had improved in the UK oil and gas sector but the overall picture remained fragile.
Sooner or later, I suppose, I had to join the media chatterati gabbling on about the banks and how horrible they all are. So what better way to end 2009 than by scribbling my tuppence worth about RBS & Co? For month after month, it seems, we have been bombarded with news about Scrooge banks.
More than 100 representatives from Aberdeen's oil and gas supply chain were told yesterday by GDF SUEZ E&P UK about "huge" business opportunities with the operator.
Young professionals from Britain's oil and gas industry yesterday proposed to business leaders ways to improve the strategy for attracting, developing and retaining the next generation of workers.
Nigeria's energy minister, Rilwanu Lukman, has just warned that more than half of his country's oil production capacity has been shut-in as a result of ongoing violence and sabotage against the federal government and petroleum companies, notably Shell.
The impact on the North Sea of tax incentives unveiled in the April Budget will be modest but very worthwhile, according to a leading energy economist.
George Yule has been three years in the job of CEO at Dominion Gas in Aberdeen, taking the company through considerable change.
IN AN intriguing turning of the tables, the UK offshore industry's Aberdeen-based Industry Technology Facilitator has assembled a list of more than 20 projects that companies - from large operators through to the lower reaches of the oil&gas supply chain - would like postgraduate students to tackle.
National oil companies are increasingly in the headlines. That's hardly surprising as they control more than 80% of known global oil&gas resources, yet much of the Western oil&gas supply chain is ignorant both of their scale and power.
AN ANNUAL survey of Scotland's oil and gas supply chain has revealed 10% growth in yearly sales to a record £14.2billion - but also highlighted uncertain times for the sector ahead.
Scottish Secretary Jim Murphy made a pledge yesterday to be the champion for the UK subsea industry.