SHARES in North Sea energy firm Nautical Petroleum were up more than 15% yesterday after the company made an "excellent start" to appraisal activity at its Kraken field.
EVENTS in global equity markets at the beginning of last month paralleled those on the streets of England's major cities.
ABERDEEN-based oil and gas engineering service firm Plexus Holdings has entered an agreement with Senergy to provide wellhead engineering to Dana Petroleum.
WESTHILL-based Subsea 7 reported a "strong" second quarter yesterday and said its integration with former rival Acergy was on track.
Investment of more than £250million in the UK North Sea helped to boost production, Abu Dhabi's national energy company said yesterdayas it announced a 150% jump in profits.
OIL and gas group Serica Energy said yesterday it was talking to other potential buyers of its Kambuna gas field in Indonesia after delays on an agreed deal.
SCOTTISH Development International (SDI) is looking to hire a specialist to deliver thought leadership seminars.
PLEXUS Holdings, of Aberdeen, said yesterday it had signed a contract with Gaz de France Suez E&P worth about £1.7million.
ENERGY service group Hunting said yesterday it would buy a US well specialist for £475million and that more acquisitions were on the cards.
CANADIAN Natural Resources (CNR) has reiterated its reduced activities in the North Sea as a result of the UK Government's oil and gas tax grab.
US OIL and gas explorer and producer Apache posted record second-quarter revenue yesterday as a result of high oil prices and record production, the firm said.
Oil and gas giant Royal Dutch Shell said yesterday that executive director Malcolm Brinded, the former managing director of Shell Expro in Aberdeen, had received £1.4million under its restricted share plan. It said he had received 62,857 ordinary B shares in cash.
NORWEGIAN geoscience firm TGS is to carry out a 3D seismic survey over 1,553 square miles west of Shetland.
Mining firm Vedanta Resources said yesterday it had been given the go-ahead to acquire a majority stake in Cairn India.
Oil and gas service investment fund Epi-V has secured £50million of capital from mid-market private equity firm LDC, taking the total amount raised by the team to £110million.
OIL explorer Xcite said yesterday it had seen important progress on its plans for the development of the UK North Sea Bentley field during the second quarter.
US OIL giant Chevron posted a 43% jump in quarterly profits yesterday on the back of higher prices for crude and refined products.
GERMAN industrial-machinery manufacturer Siemens - which has a gas-turbine service centre in Aberdeen - saw net profits fall sharply during the three months to June 30.
Offshore container manufacturer and supplier OEG Offshore (OEG), of Aberdeen, has been awarded a £100,000 contract to provide containers for worldwide use for American deepwater drilling contractor Diamond Offshore.
Oil giant Royal Dutch Shell became the latest energy major to report a sharp increase in second-quarter profits on the back of high oil prices.
ENERGY service group Technip raised its full-year outlook yesterday, saying it had benefited from increased spending by oil and gas companies to tap new reserves.
TALISMAN Energy reported increased profits but revised down its annual production estimate yesterday as it revealed the UK North Sea tax rise would cost it £25million.
Tullow Oil completed its first day trading on Ghana's Stock Exchange yesterday, more than doubling the entire market capitalisation of the exchange.
Oil and gas firm Sterling Resources said yesterday it was to raise up to £31.5million through a share issue.
Scottish oil firm Cairn Energy's Indian subsidiary has reported a near-ninefold jump in quarterly profits after output climbed.