Australia briefing
Scottish oil and gas contractors will be urged to take advantage of the growing opportunities in Australia at a breakfast meeting in the Marcliffe Hotel, Aberdeen, on Tuesday.
scottish oil
Call to exploit Brazil openings
Scottish Energy Minister Fergus Ewing is to urge subsea companies to exploit Brazilian opportunities at a business seminar in Aberdeen next week.
Global sees sales and profits climb
Scottish oil and gas contracting and service company Global Energy Group said yesterday its turnover had increased by nearly 50% during a busy year.
United drive to boost exports
An initiative to promote more exports from the north-east was unveiled at ONS yesterday.
Cairn to raise £231million in Indian share sale
Scottish oil and gas explorer Cairn Energy said today it was to sell a further 3.5% stake in its former majority-owned subsidiary Cairn India for about £231million.
Supply-chain exports up 280%
Overseas sales by Scottish oil and gas industry supply-chain firms have risen more than 280% in 10 years, a major conference on the sector will be told today.
Norway fast facts
The first exploration well was drilled on the Norwegian Continental Shelf in 1966.
Oil and gas firms could do very well
THE death of Muammar Gaddafi could usher in a wealth of opportunities for Scottish oil and gas firms, one expert predicted last night.
Cairn gets go-ahead from Greenland
SCOTTISH oil and gas operator Cairn Energy said yesterday it had gained approval from the Greenland government to go ahead with the first two exploration wells of a four-well programme planned this summer.
Cairn takes full control of Capricorn
SCOTTISH oil and gas operator Cairn Energy added to its interests in the North Atlantic yesterday by taking full control of exploration subsidiary Capricorn, which owns large oil blocks offshore Greenland.
Cameroon campaign key to Scottish oil explorer
Bowleven, the Scottish oil and gas explorer focused on west Africa, said yesterday it was about to embark on the busiest operational spell in its history.
South Atlantic explorer raises £7.6m from investors
FALKLAND Oil and Gas (FOG) said yesterday it had conditionally raised about £7.6million in a placing of shares with certain directors and institutional investors to help to fund capital expenditure on long-lead drilling equipment and general costs until 2010-11.
Prudence Melrose’s mantra this year
MELROSE Resources, the Scottish oil and gas operator with interests in Egypt, Bulgaria, Romania, America, France and Turkey, said yesterday it was not immune to the global downturn.
Bowleven suitor carrying out financial checks at firm
Scottish oil and gas operator Bowleven said yesterday a suitor was now carrying out financial checks on the firm following a takeover approach.
Cairn makes discovery near Raageshwari field
CAIRN India, 65%-owned by Scottish oil and gas operator Cairn Energy, said yesterday it had made another oil and gas discovery in Rajasthan, north-west India, adjacent to its Raageshwari field, which has an approved field-development plan.
Cairn boss signs deal in Greenland
The exploration director of Scottish oil and gas company Cairn Energy has been in Greenland for a signing ceremony for two oil and gas exploration blocks offshore southern Greenland.
Oil firm needs funds for African projects
SCOTTISH oil and gas explorer Bowleven said yesterday it needed more cash to progress exploration and development programmes in west Africa.