Awards worth £3.5m
Oil and gas service business Zeta-pdm said yesterday it signed deals worth £3.5million last year.
Oil and gas service business Zeta-pdm said yesterday it signed deals worth £3.5million last year.
BP's plans for the UK continental shelf will take the North Sea industry into the second half of this century.
Talisman Energy said yesterday it was looking forward to an exciting future in the North Sea after completing the £956million sale of nearly half its UK assets.
Oil and gas engineering consultancy Optimus has experienced strong demand for its safety services this year and sees this clamour continuing well into 2013, creating an ideal opportunity to develop its client base.
The booming energy sector is making Aberdeen a place which property investors find hard to ignore, commercial-property expert Angus MacCuish said last night.
Technip and Heerema Marine Contractors have signed a worldwide alliance agreement designed to capitalise in the fast-growing global subsea oil and gas market.
North Sea operator Premier Oil said yesterday a 30% jump in UK production had helped it to achieve record profits.
The trade body representing Highland energy firms has unveiled plans to gain a bigger share of the Aberdeen oil and gas market.
Hydrasun, which provides integrated fluid-transfer, power and control services to the global energy market, yesterday said there had been a surge in demand for its umbilicals products.
Global Energy Group said yesterday it was poised to double its turnover and workforce after a major investment by Japanese conglomerate Mitsui and Co.
The increase in North Sea activity is putting a strain on skills levels and recruitment, say firms and training organisations.
Oil and gas explorer Nautical Petroleum has said it expects production at the North Sea Catcher field to start in 2015.
Total will become the second largest producer in the UK North Sea, overtaking Shell as it ramps up major projects over the next two years, its UK boss said yesterday.
Oil giant BP will spend £1.7billion on North Sea projects in 2012, the most in a decade, it said yesterday.
Royal Dutch Shell said yesterday that Chancellor George Osborne's £10billion raid on North Sea operators would add £366million to its tax bill by the end of next year.
International engineering and project management company Amec announced yesterday a £226million contract win with BP Azerbaijan.
Two of the UK's leading oil&gas industry bodies have joined forces to develop a new training programme aimed at expanding the nation's subsea skills and expertise.
Subsea contractors seem to be riding out the oil-price downturn and impacts of recession relatively well, judging from views garnered from two first-division players with quite a different approach to financing their future ambitions.
ENERGY consultant Douglas-Westwood has launched the latest edition of its World Offshore Wind Report, highlighting significant growth as well as the problems of fast-rising costs and difficulties being faced in project financing.
ABERDEEN-BASED drilling specialist Norwell Engineering said yesterday it had completed more than 100 major projects in the 20 years since being set up.
Petrofac, a global provider of facility services to the oil and gas production and processing industry, said yesterday it was bidding on major contracts worth more than £5billion.