CERTEX International - the largest distributor of lifting products and services in Europe, which has a base in Aberdeen - is launching a new offshore division that will give its customers access to a wider range of products and services.
ABERDEEN-BASED composite pipe repair solutions provider Walker Technical Resources (WTR) is moving into its next stage of global growth by appointing Professor Simon Frost as technical director and exporting to new markets around the world.
A consortium led by ScottishPower has qualified as an entrant in the UK Government's competition to develop Britain's first commercial scale carbon-capture and storage (CCS) project.
The chairman of energy investment-banking firm Simmons and Company International has predicted that oil prices could double or more within a few years.
Dana Petroleum, the Aberdeen-based oil and gas operator, said yesterday it had secured semisubmersible rigs to drill a further two exploration wells in the same area as its recent significant oil discoveries at West Rinnes and East Rinnes, north-east of Shetland.
TELEMEDICAL electro-cardiongram (ECG) monitoring from Broomwell Healthwatch has cut the cost of healthcare for the North Sea oil and gas industry, improved patient care and helped save lives, by providing offshore cardiac diagnosis for the industry's oil and gas rig workers.
AGR Petroleum Services, the oil and gas well management company, has urged smaller, independent operators to be "drill-ready" if they are going to compete with larger rivals in the North Sea.
THE new Kazakh ambassador to the UK, Kairat Abusseitov, was in Aberdeen yesterday to meet local business people and politicians on his first official visit to the north-east and first trip to the UK since taking up his post in London last month.
Endeavour International, the US oil and gas operator which focuses on the North Sea, has offered to buy Canadian company Ithaca Energy, also with a UK continental shelf focus, in a cash and share deal worth close to £180million.
COMPUTING service provider Virtual Stream has secured a clutch of contracts worth more than £200,000 in the past few months.
PLEXUS Holdings, the Aberdeen-based oil and gas engineering service business, has signed its first Middle East contract with Dubai Petroleum Establishment, to supply its proprietary POS-GRIP wellhead and mudline suspension systems for use in the Gulf.
ABERDEEN-BASED Scomi Oiltools (Europe) is launching a drilling-fluid division in the UK with a new quayside plant in the Granite City.
Funds managed by private-equity firms Candover Investments, Alpinvest and Goldman Sachs have again raised their offer for oilfield technology specialist Expro International through buyout company Umbrellastream.
Bob Keiller, chief executive of Aberdeen-based international energy service company Production Services Network (PSN), has been named as Ernst and Young Scotland Entrepreneur of the Year 2008.
TWO events being held by Oil and Gas UK and technology facilitator ITF in Aberdeen this week will sharpen the industry's focus on the technologies and capabilities required when decommissioning of oil and gas infra-structure gets under way, potentially at a cost of £20billion to 2040.
Delegates at a business breakfast in the Granite City yesterday were told how offshore west Africa was leading the way in oil and gas capital and operating expenditure.
MECHANICAL engineer Ken Innes, the Aberdeen-based head of rotating equipment for Shell Exploration and Production in Europe, has won a Royal Academy of Engineering silver medal for his outstanding contribution with a commercial benefit to British engineering.
SIR Ian Wood, the chairman of Aberdeen-based energy service company Wood Group, gave shareholders an upbeat view of the company's prospects yesterday at its annual meeting in the Granite City.
PSN, the global energy service business, has reported strong revenue and earnings growth in 2007; better than targets set when it was formed two years ago in a £140million management buyout from KBR.
EVERYONE working in the offshore oil industry has a part to play in driving up safety standards, delegates at a conference in Edinburgh were told yesterday.
FIRST production from the Jura gas and condensate field in the UK northern North Sea is close, operator Total said yesterday.
Output of oil and gas from the UK continental shelf increased slightly in January compared with December, but was down year-on-year, from 2,798,983 to 2,502,320 barrels of oil equivalent per day, according to the latest Royal Bank of Scotland oil and gas index.
Dana Petroleum shares rebounded yesterday after it reported new records for reserves, production, revenue, and profits in 2007.
R2S Technologies has signed a six-figure contract with Bibby Offshore to provide a visual asset-management system for the group's fleet of vessels.
Aker Solutions in Aberdeen has been awarded a three-year North Sea contract by Fairfield Energy which will create about 100 posts, most of them new recruits.