Forsyths enjoys ‘best results in 50 years’
The chairman of Moray-based distillery equipment and energy industry fabrication group Forsyths has hailed firm’s latest results as the best in his 50 years in the business.
The chairman of Moray-based distillery equipment and energy industry fabrication group Forsyths has hailed firm’s latest results as the best in his 50 years in the business.
London-listed 88 Energy said today that it had shut in the second well on its Alaskan Icewine project to allow pressure to build.
The great and good of North Sea industry will gather for a free event next month ahead of this year's Offshore Europe.
Centrica will combine its oil business with Bayerngas Norge to create a joint venture (JV) in a move which will freshen up its North Sea portfolio and dilute its decommissioning liabilities.
The Trump administration has again told Congress that Iran is complying with the nuclear deal, but insisted Tehran would face consequences for breaching “the spirit” of the agreement.
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OneSubsea has clinched a contract to set up a multiphase boosting system on the North Sea Otter field.
A Tory former cabinet minister has hit out at the “virtual nationalisation“ of electricity production in the UK.
Houston private equity firm EnerVest is working to salvage its energy hedge funds that plummeted in value from more than $2 billion during the oil boom to almost nothing after the bust.
Ecuador has said it is not complying with Opec output reductions due to its financial problems, according to a news report.
The joint venture created by Centrica E&P’s link-up with Bayerngas Norge could open the door to further M&A activity, an industry analyst has said.
Norway has granted Lundin a drilling permit for another well on the Alta discovery in the Barents Sea. The Leiv Eiriksson rig will drill the well. Lundin Norway operates the licence with a 40% stake. Idemitsu Petroleum and Dea Norge each hold 30%.
Centrica said today that it had signed an agreement to combine its oil and gas business with Bayerngas Norge.
Oil and gas chiefs are set to debate and discuss the industry’s future at a free event in the run-up to this year’s Offshore Europe.
A group created to address North Sea helicopter capacity concerns has not met in more than five months because the oil sector “hasn’t got a pan-industry issue”.
A north-east business leader has been appointed as a royal ambassador for Scotland.
Nicola Sturgeon will today announce a £12million boost towards Aberdeen Harbour’s £350million expansion.
OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia's Manifa problems grabbing the headlines.
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New research by a conservation charity has highlighted the potential tourism risks posed by industrial development encroaching on Scotland’s scenic landscapes.
Aberdeen-headquartered oil services firm Xodus Group will carry out exploration and appraisal work in India over the next two years.
The export pipeline for Maersk Oil's landmark Culzean field has been laid on time, the firm said today.
Canadian firm Zenith Energy has revealed plans to raise £265,000 through a share placing.
The Oil and Gas Authority (OGA) has dished out a dozen licences to 10 companies in its supplementary 2016 North Sea bidding round.
Norwegian firm Fred. Olsen Energy has said it will sell the Borgsten Dolphin, currently cold-stacked in Invergordon, for scrapping.