Energy Ventures weighs up prospects in north
Energy Ventures said yesterday it had more than £60million to spend this year and was looking across the north and the north-east for investment opportunities.
oil service giant
Halliburton swallows up Red Spider
A north-east technology specialist for the oil and gas industry, Red Spider, has been sold to US oil service giant Halliburton in a deal understood to be worth up to £40million.
Focus on offshore decommissioning
Oil service giant Halliburton will be among firms presenting at an event to showcase capabilities in offshore oil and gas decommissioning in Aberdeen next week. Run by Decom North Sea (DNS), the lunch-and-learn event will also feature presentation from AGR Subsea and BIS Inspection. DNS chief executive Brian Nixon said: "Our previous lunch-and-learn events have proved to be very successful." The event is being held on Wednesday at the Palm Court Hotel.
EnQuest production on target after 20% rise
Oil and gas firm EnQuest today said its production has increased by 20% on last year.
US oil giant unveils new North Sea HQ
US oil service giant Halliburton has officially opened its new £20million North Sea headquarters in Aberdeen.