New base doubles Phuel space
Pressure-control equipment specialist Phuel Oil Tools, has relocated its headquarters to larger premises in Aberdeen.
near future
Maersk Oil eyes global growth
Danish marine giant AP Moller Maersk said today it was looking to boost production in its global oil and gas arm by 50% to 400,000 barrels a day by 2020.
Getting to grips with the ships dimension
The big wave of work from renewables is not far off, the question is how far away?
North Sea R&D outlay ‘on the rise’
Research and development (R&D) spending in the North Sea will increase in the near future, according to oil and gas technology expert Martin Ewan.
Bentley oil ‘five months away’
Oil explorer Xcite Energy said yesterday it planned to start production at the Bentley field in the North Sea within five months.
EnCore prime catch for Premier
NORTH Sea explorer Premier Oil said yesterday it was buying smaller rival EnCore Oil in a £221million deal.
North firm to continue with windfarm plan despite setback
A HIGHLAND marine energy firm aims to carry on with what is claimed to be one of the world's largest wave projects after losing the backing of German company RWE.
Valiant shares surge on Tybalt oil find
VALIANT Petroleum saw its shares climb yesterday after it said a sidetrack on its operated Tybalt exploration well had found oil and it believed currently discovered volume to be commercial.
Gould buoyant about hydrocarbons outlook
SCHLUMBERGER'S group CEO, Andrew Gould, has warned of a "paramount" need to maximise oil&gas recovery. Speaking at the Howard Weil Energy Conference in New Orleans, Gould talked of three main challenges.
Wood announces Aussie joint venture
ABERDEEN-BASED international energy service company Wood Group has announced a new joint venture in Australia.
North Sea Offshore exploration now 45 years old and UK licensing gets a face-lift
Since the first offshore licence, P001, was issued in 1964, the UK Government has issued 1,718 production licences.
Shell to cut cash to alternative-energy projects
SHELL says it will no longer invest in any alternative energy technology that is not economically viable.