Offshore oil division gets 275% profits boost at James Fisher
James Fisher and Sons, the marine services group with a string of businesses in the north-east, said its offshore oil division has recorded a 275% boost in profits.
James Fisher and Sons, the marine services group with a string of businesses in the north-east, said its offshore oil division has recorded a 275% boost in profits.
Montrose Port Authority has appointed a new chief executive as it works to strengthen its services for the oil and gas and general cargo markets.
Energy services firm Petrofac said it was “well positioned” for the remainder of 2019, but warned of a drop in revenues ahead.
Africa’s largest oil producer could run out of money if it doesn’t boost revenues urgently.
Saudi Arabia’s sovereign wealth fund finalised the terms of a $10 billion loan it’s seeking to raise from a group of banks, according to people familiar with the matter.
Petrofac has been handed a decommissioning contract for wells at two fields in the central North Sea.
Rig operator Valaris has announced a series of new awards worth a combined £69million, including a North Sea extension with Total.
Firms in Scotland's energy sector have been urged to stop waiting and "prepare now" for the potential impact of Brexit.
The search is one for “a mix of grey and green” industry professionals to create new, highly-scalable businesses in the energy sector.
Plans have been submitted which could see a first for the UK North Sea for oil platforms being converted to support offshore wind farms.
President Donald Trump scoffed yet again at a source of electricity championed by his own energy secretary, saying wind power doesn’t work “all that well.”
A new study has been launched to “put a human face” on the north-east’s oil and gas downturn- and recommend how to better share the wealth in the region.
Maersk Drilling’s chief executive said yesterday the firm is “delivering” on its 2019 strategy despite a slump in first half profits.
US energy major Conoco Phillips has been accused of leaving an “appalling legacy” as it exits the North Sea after 50 years.
A Dutch well services firm has made a multi-million pound investment in a new UK base in Aberdeenshire.
The Crown Office has said it is in the “final phase” of preparing an inquiry into a fatal crash involving a Super Puma helicopter off the coast of Shetland.
Maersk Drilling has said it is “on track” to deliver its 2019 goals despite a £4m pre-tax loss for the first half of the year.
A £10million investment project to make Aberdeen’s electricity network more resilient has been announced.
Scotland had a £12.6bn deficit last year despite more than £1.4billion in North Sea receipts, according to new tax and spending figures.
A new tool has been launched which will help companies produce millions of extra barrels of oil through their North Sea operations.
Plans for a 17-turbine wind farm in Argyll failed to gain the support of local councillors yesterday who feared it would have a detrimental impact on peat resources in the area.
The 2019 Northern Star Business Awards ceremony is shaping up to be one of the biggest to date.
Donald Trump's decision to cancel a visit to Denmark next month after the prime minister described his plan to buy Greenland as "absurd" has taken the Danish royal palace by surprise, a spokeswoman said.
Law firm CMS said Aberdeen-based engineering and design business GDi had become the first Scottish company to join its EquIP programme.
A cutting-edge technology firm headquartered in Silicon Valley, California, has teamed up with a Scottish university for a project aimed at boosting the output from wind farms.