For many in the North Sea industry, OTC in Houston has become part of the annual ritual. Unlike many such events which come and go in fashion, this one remains the top destination for many of the industry’s players and politicians from a’ the airts.
The Offshore Technology Conference has been going strong since 1969 which means it has seen a few extreme ups and downs in the price of oil and plenty gloomy prognostications about the future.
But in a sense, the event’s own longevity points to the underlying truth that this is an industry which has long since learned to take such fluctuations in its stride, and perhaps even turn them to advantage.
For some of the old Aberdeen lags who have packed their suitcases once more and headed for Texas over the past few days, OTC is a great social occasion as well as a business one – a chance to meet old friends and particularly renew contact with many in the international industry who have, at some stage in their careers, passed through the North Sea industry.
Scottish oil bosses are anticipating another successful time at the world's top energy show in the US city of Houston.
They are attending the annual Offshore Technology Conference (OTC), which starts on Monday.
Aberdeen-based energy industry travel expert Munro's Travel and the Press and Journal have organised their regular visit to OTC for 300 delegates through a tie-up dating back to 1973.
This large Scottish group began arriving on Wednesday and the last of them will fly in tomorrow.
Noble Energy said it has reduced its headcount by more than 200 positions in the US.
The announcement comes just days after EnQuest said up to 146 positions could go following consultation talks regarding a move to a three on, three off shift rotation.
The move has seen around 100 jobs go in Houston, with a number of those being from Noble’s headquarters.
Staff also affected worked at the company’s offices in Denver, Colorado and Pennsylvania.
Aberdeen-based ROV services provider, ROVOP, has established a Western Hemisphere headquarters and support base in Houston and appointed three highly-regarded ROV industry professionals to lead the business.
Scott Wagner, Brett Eychner and Wayne Betts bring a combined total of more than 100 years’ global experience in the ROV services sector to ROVOP.
They join an established management team and staff of 130 based in Aberdeen.
The company’s client portfolio includes oil and gas, offshore wind and telecommunications companies.
An Aberdeen company's expansion to Houston in the US is just another example of the strong links between the two cities, the UK Government's representative in Texas says.
Consul-general Andrew Miller was speaking during a trip to the Granite City, leading a 14-strong delegation from America's oil capital for the third annual Aberdeen-Houston Gateway event.
Following a visit to electrical product and service provider AEL, which opened its Houston office last year, Mr Miller said: "It is another great example of a well-established Aberdeen company which is capitalising on the business links and synergies which exist between its home city and fellow global energy industry hub, Houston.
An explosion has killed three people and injured one at an oil and gas field in west Texas, well owner Parsley Energy said yesterday.
America's Occupational Safety and Health Administration said it was investigating the disaster about 50 miles south of Midland.
US energy firm - oil and gas explorer BPZ Resources - is filing for Chapter 11 bankruptcy protection, citing the plunge in oil prices and its inability to find financing.
Houston-based BPZ said it wanted to stay in business as it revealed it was filing its petition for bankruptcy reorganization in the US Bankruptcy Court for the Southern District of Texas.
An Aberdeen-based oil and gas company's US branch will work with one of the world's largest petrochemical companies during their multi-billion dollar Texas expansion.
Wood Group's Mustang's Automation and Control business unit is providing process control systems, detailed engineering, procurement and fabrications services for the huge project by ExxonMobil Chemical Company.
Scottish oil and gas expertise is as highly regarded around the world as people in this country like to believe, according to new research findings.
More than 260 senior industry leaders from around the world took part in the Scottish Development International (SDI) survey, which highlights the influential role of Scots in key energy centres such as Houston, Calgary and Perth.
Nearly four-fifths (78%) highlighted Scotland's important role in the global industry, with almost as many (74%) recognising it as one of the world’s best training grounds for the sector.
Nearly three-quarters (71%) said Scottish employees were among the most experienced and dependable.
BP will be reducing its headcount in Houston as it makes job reductions throughout its global operations.
The oil major, which has already announced redundancies in the North Sea and Azerbaijan, has not revealed how many jobs will be lost.
According to reports a number of employees were informed this week there jobs would be lost.
The former chief operating officer of BG Group, Martin J Houston, has launched an LNG (Liquefied Natural Gas) business.
Parallax Energy announced the launch of its worldwide headquarters in Houston this week.
US-based Midstates Petroleum Company has sold assets in the Gulf Coast worth $90 million to a private buyer, the company has announced.
It has sold its Dequincy assets, which includes the 20 mile El Grande pipeline which the company constructed and owned.
