Aventa energy double
Aberdeen-based integrated production data service specialist Aventa Systems says it has been awarded two contracts worth a combined £655,000.
global oil
Cluff goes into coal gasification
A new oil firm set up by a North Sea veteran has been awarded two underground coal gasification licences.
Operational shake-up at energy giant
Oil giant BP unveiled a reorganisation of its oil and gas production operations yesterday, reversing a change after the Gulf of Mexico spill.
I-Quip’s new owner adding jobs
Small Aberdeen oil service company i-Quip Technology is now under new ownership.
EFC seeking new recruits
Oil and gas service firm EFC Group said yesterday it planned to recruit 10 people after opening a base in Moray.
Aker predicting rise in North Sea investment
Oilfield service group Aker Solutions said yesterday that strong North Sea activity had helped to boost turnover by more than 50%.
Asco takes total control of Scrabster
Global oil and gas logistics company Asco said yesterday it had taken total control of Scrabster Port Services (SPS) in Caithness.
ITF director seeks fresh challenge
A director at ITF, the industry technology facilitator for the global oil and gas business, has stepped down after more than five years with the organisation.
Pioneer plans return to North Sea after 30 years
North Sea pioneer Algy Cluff is making a return to the oil province in pursuit of "significant opportunities" after a 30-year gap.
Optimus boost for city
Oil and gas engineering consultant Optimus (Aberdeen) said yesterday it wanted to create 20 jobs at a new office in Inverness.
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.
GulfMark agrees new £90m deal with RBS
GulfMark Offshore has refinanced a loan worth £90million, which the Royal Bank of Scotland said would help the global oil and gas service firm to continue to grow its business in the North Sea.
Continuing North Sea recovery helps James Fisher
Marine service group James Fisher and Sons reported strong results in its offshore oil division in 2011 helped by the North Sea and growth in new global oil provinces.
Innovation ‘crucial’ to driving advances in artificial-lift sector
Innovation was a key focus at this year's European Artificial Lift Forum, which drew to a close yesterday.
ngineering group extends UK footprint with new base
Fast-growing Scottish mechanical engineering group EnerMech has announced further expansion south of the border.
Global Energy sells stakes in Labtech, OEME
Global Energy Group has sold its stakes in Labtech Services and OIL Engineering Middle East (OEME) to a company in the United Arab Emirates.
ITF holds its annual technology conference
Senior figures from many of the world's largest oil and gas companies will be in Aberdeen this week to set their priorities for technology development in 2012 to help extract reserves.
Shells adds 400,000 production to portfolio
A decision to invest through the 2009 downturn is paying off and 14 additional upstream projects have been launched this year, the boss of energy giant Shell said at an investor briefing in New York yesterday.
ITF expands into Asia-Pacific region
ITF, the industry technology facilitator for the global oil and gas business, said yesterday it was increasing its international footprint.
Major completion win for specialist TCO
ABERDEEN-BASED TCO In-Well Technologies UK, a provider of well-completion equipment to the global oil and gas industry, has been awarded a new contract worth £500,000 with an oil major for UK assets.
Former BP chief reported to be in talks to launch global oil company
TONY Hayward, the former BP chief executive who stepped down in the wake of the Deepwater Horizon explosion in the Gulf of Mexico, is reportedly in talks to launch a global oil company.
Petrotechnics completes Russian contract
PETROTECHNICS, an Aberdeen-based software provider to the global oil and gas industry, said yesterday it had completed a contract worth a seven-figure sum for Sakhalin Energy Investment Company in Russia.
North-east ‘can hold key’ to low-carbon prosperity
North-east expertise in the global oil and gas industry supply chain can help to unlock a prosperous low-carbon future for Scotland, an energy expert will tell delegates at a conference in Edinburgh this week.
Management buyout at fast-growing XPD8
Aberdeen-based XPD8 Solutions has been the subject of a management buyout.
Marine Subsea clinches oil well abandonment deals
MARINE Subsea UK has won a series of contracts worth more than £2million to carry out a multi-client well abandonment programme for operators in the North Sea.