OTC 2013: Houston remains industry’s must-attend event
Nick Dalgarno is a managing director at specialist corporate-finance adviser Simmons & Co International
international oil
Mozambique proves a place of staggering potential. political forces allowing
Everyone seems to be talking about Mozambique. This former Portuguese colony in the East of Africa is the focus of a topical luncheon at the Offshore Technology Conference in Houston this month and is the destination for a forthcoming trade mission for Aberdeen's Africa Business Centre.
Opita reach spreads to Asia
International oil and gas industry skills and safety body Opito said yesterday it had signed a landmark agreement with Malaysia's national oil company.
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.
Emerson makes equipment gift
Emerson Process Management said yesterday it had donated automation technology worth more than £650,000 to the Aset international oil and gas training academy in Aberdeen.
Cape dives on profit shock
Shares in international oil and mining service firm Cape plunged yesterday to their lowest in more than three years after it sent out a stark profit warning.
Focus on unconventional gas sector’s potential
International oil and gas companies, governments and leading academics will gather to give their views on the global potential of shale, tight gas and coal bed methane at the second Unconventional Gas Aberdeen conference and exhibition later this year.
Subsea 7 wins £60.7 million bundle contract
Subsea 7 has picked up a £60.7million contract to build a 4.6 mile pipeline bundle system for the central North Sea, the firm said today.
Students get ready for work
Mechanical engineering students at Banff and Buchan College visited EnerMech in Aberdeen as part of their course.
A Good Day for: Aset
The new Aset international oil and gas training academy, now housed in Aberdeen College's Altens Centre, had its official opening yesterday.
Hess deal boosts Dana’s stake in North Sea field
North Sea oil firm Dana Petroleum has added to its share of the Bittern field after a multimillion-pound deal with Hess.
Petrofac adds subsea capabilities
International oil and gas facility service provider Petrofac said yesterday it had bought a subsea pipeline and engineering business.
ASCO in Far East expansion
International oil and gas logistics company ASCO has expanded its operations in the Asia-Pacific region by opening a new oil and gas logistics hub in Singapore.
Hunting says profits likely to exceed City predictions
International oil and gas services group Hunting said yesterday profits for 2011 were likely to have exceeded the City's predictions for a haul of up to £72.8million.
Petrofac names two new directors
International oil and gas facility service provider Petrofac said today it had appointed two new directors.
Offshore Europe’s sister
One of the biggest energy events in Scandinavia - Offshore Northern Seas (ONS), the sister event to Offshore Europe - takes place this year.
Gulfstream makes grade
GULFSTREAM Services, which provides equipment to the international oil and gas industry, said yesterday it had been awarded a certification of ISO 9001:2008 for both its UK and American operations.
Asco US bid talk
US-BASED private-equity group AEA Investors, which counts former BP chief executive Tony Hayward among its advisers, was reported yesterday to be among bidders for international oil and gas logistics group Asco.
Value of M&A activity in international oil and gas sector down
The value of mergers and acquisitions activity in the international oil and gas sector nearly halved in the second quarter of the year, according to PwC's latest global deal trends report out today.
Asco arm in deal to build Darwin base
A CONSORTIUM including a subsidiary of Aberdeen-based international oil and gas logistics company Asco has been named as the preferred bidder to build and operate a marine supply base in Australia.
Petrofac in Middle East joint venture
International oil and gas facilities service provider Petrofac has announced a joint venture based in the Middle East.
Gulfstream launch at Offshore Europe
Gulfstream Services International UK has launched a fully-automated wireless cement head at Offshore Europe.
Gulfstream launch at Offshore Europe
Gulfstream Services International UK has launched a fully-automated wireless cement head at Offshore Europe.
ITF funding sea-energy feasibility study
ABERDEEN-BASED marine energy developer Green Ocean Energy has been given £45,000 to design renewable technology which could power offshore oil and gas installations.
Aberdeen ‘still worldwide centre of excellence in offshore safety’
International oil and gas facility service provider Petrofac said yesterday it would continue to invest in its Aberdeen business, despite Chancellor George Osborne's Budget tax raid on North Sea producers.