Brude crude oil prices were up nearly 2% at $33.49 a barrel by the London market close today as traders awaited news of a much-anticipated global production cut.
The annual Offshore Technology Conference (OTC) in the US has become the latest business event casualty of the Covid-19 pandemic.
Energy services giant Wood has announced the sale of its industrial services business to technical services provider Kaefer.
Oilfield equipment firm Enerquip has unveiled a £1 million expansion to cope with growing demand for its products and services.
With global climate change protests, declarations of climate emergency and the media hype around Greta Thunberg, there is every likelihood of some sort of attempt by protestors to target Offshore Europe and hi-jack the headlines with their agenda.
Climate change protestors may target this week’s SPE Offshore Europe event as the sector faces a “tobacco industry moment”, it was claimed last night.
There is a new boss at the helm of Scottish subsea robotics company Rovop today following a sudden change at the top.
The scale of Aberdeen's North Sea bounty over several decades is revealed in the latest Sunday Times Rich List.
An Aberdeen firm delivering vital services and supplies to the global offshore oil and gas industry said yesterday a new contract with Spirit Energy could be worth £21 million over seven years.
The Business Growth Fund (BGF) has announced a fresh multimillion-pound investment in energy service firm Spex Group.
Airbus Helicopters chief executive Bruno Even said yesterday the aircraft manufacturer was not expecting a major recovery in demand from the offshore energy industry despite higher oil prices.
Helicopter safety has been big news in 2018, with passengers, community members, unions and politicians justifiably demanding that safety standards in the North Sea are kept to the highest level.
Europe’s beleaguered capital of oil and gas has powered its way into the top five in a league table of the UK’s fastest-growing city economies.
MSIS said yesterday it was on track to rapidly grow its share of the global oil and gas environmental services market after a near-£1million investment in expansion during its last full trading year.
Scottish firm Glacier Energy Services announced a new organisational structure yesterday, saying its new set-up was more efficient and better focused on international growth.
Wood chief executive Robin Watson said yesterday the group still had a key role to play at the heart of a recovering north-east economy, despite it making only 5% of its revenue in the UK North Sea.
A hat-trick of new contracts worth a total of £10million have created 25 jobs and put Aberdeen firm PD&MS Group into pole position in a growing market.
North Sea veteran Algy Cluff said yesterday the current rocky relations between the UK and Russia highlighted the dangers of Britain relying on foreign gas imports.
Xodus Group, the Aberdeen-based energy consultancy is now majority-owned by Subsea 7 following a deal struck between the two companies tonight.
Azerbaijan-focused Zenith Energy has struck a deal to buy a new workover rig for £250,000.
Corrosion specialist Presserv, of Aberdeen, is launching a training centre.
If the boss of Capital Document Solutions seems even more confident than usual about the office equipment company’s future, it is with very good reason.
Global Marine Group (GMG), of Essex, has launched a new offshore division in Aberdeen in a further sign of growing confidence in the oil and gas industry.
There’s a new breed of multifunctional devices (MFDs) appearing in workplaces around Scotland that copy, print and scan.
Engineering services group EnerMech, of Aberdeen, said yesterday new subsidiary MInteg was poised to double the size of its workforce next year.