Gulfstream Services International (GSI), an offshore equipment and engineered solutions provider, has announced the appointment of Gordon Blackwood as Business Development Director.
Royal Dutch Shell Plc won a ruling preventing London courts from enforcing a $516 million Nigerian judgment for damages caused by an oil spill almost five decades ago.
Nigerian security forces have mounted an intensive search for pirates who raided an oil super tanker off it’s coast and seized 19 crew members but have so far not made any contact with the hostage takers, the West African country’s maritime agency said.
Aberdeenshire-headquartered Motive Offshore Group has acquired a Norwegian subsea services firm in a seven-figure deal.
Energy giant BP has confirmed it is studying the potential to power North Sea platforms with green electricity in a bid to cut carbon emissions.
Plans to redevelop an Orcadian port have been dealt a major blow after the Ministry of Defence (MoD) rejected calls for help with a decades-old navy oil spill.
Dutch dredging and heavylift firm Boskalis has announced a clutch of new contracts worth £93m, including a transportation deal for a new North Sea FPSO.
Petrofac has announced new contracts and extensions in the North Sea and Malaysia worth £93m, as well as an acquisition marking its entry to the US onshore services market.
Reliance Industries Ltd., run by Asia’s richest man Mukesh Ambani, has eclipsed BP Plc to break into an elite club of energy supermajors.
ConocoPhillips announced a 10-year plan to buy back $30 billion of shares, equivalent to about half of its current market capitalization, as the oil producer attempts to distance itself from the troubled U.S. shale industry.
Helicopter operator NHV has celebrated delivery of a new aircraft for its Aberdeen base following some key contract wins.
You’d expect most companies accused of a longstanding fraudulent scheme to be thrilled if the government dropped those claims against them. Not so for Exxon Mobil Corp. -- at least not today.
A north-east man is being sued by oilfield services giant Schlumberger for $1million after they claimed he left the firm to work for a rival.
The Schlumberger lawsuit is a lesson for employees “not to pay lip service” to legal contracts, according to an employment law expert.
A new era has begun for a north-east business conceived over pre-match drinks before Aberdeen FC games at Pittodrie Stadium.
Increasingly more recoverable barrels of oil and gas around the world are coming from corporate mergers and acquisitions, and not from traditional exploration.
Maersk Drilling has won a £30.3million contract for work in the Caribbean with a subsidiary of energy giant Shell.
Iran’s 50billion barrel oil find will bring little benefits while it remains under the weight of US sanctions, an analyst has said.
Inverness and Aberdeen are ranked top in Scotland, and among the top 10 locations overall in league tables of the best cities to live and work in the UK.
Subsea inspection, maintenance and repair (IMR) firm N-Sea has won a series of contracts out of its Middle East base worth a combined £11.6m.
A former senior lawyer at Shell cannot use a leaked email or an overheard pub conversation in his discrimination claim, a court has ruled.
As decommissioning becomes a significant part of activity on the UK Continental Shelf, more businesses are taking the opportunity to expand their existing offerings to include decommissioning-related services.
Impairment charges of £265million from a “prolonged downturn and weaker outlook in the North Sea” have taken Prosafe to a heavy loss in the third quarter.
The cost of ignoring mental health issues in the workplace is too steep to ignore.
Integrity management specialist Plant Integrity Management (PIM) is joining forces with EPCC, a high performance computing (HPC) research specialist based in Edinburgh, to investigate the benefits of cutting-edge data analysis and artificial intelligence to the integrity management sector of the oil and gas industry.