Faroe Petroleum said yesterday that the drilling of a sidetrack appraisal well to assess the Glenlivet gas discovery west of Shetland had started.
Oil & Gas
SERVICE stations in Aberdeen were charging 102.9p per litre for petrol and 103.9p for diesel at the end of last week, while in Inverness fuel was being sold at 105.9p for both types.
Cosalt said yesterday that third-quarter revenue at Cosalt Marine was at a level consistent with the comparable period last year, at £15.5million.
Professional service firm Deloitte is to advise businesses in the upstream oil and gas sector on what it describes as a "seismic shift" in accounting rules for the sector.
PRODRILL Engineering said yesterday it had completed a management buyout (MBO) from Aberdeen-based Sovereign Oilfield Group for £2.25million, and would now trade under the new name of Prodrill Energy Resource Solutions.
Valiant Petroleum, which is 100%-focused on the UK North Sea, said yesterday it remained positive about its business outlook in respect of its portfolio of assets and the potential for growth by acquisition.
TALISMAN Energy has chosen Aberdeen-based Craig Group's latest new-build vessels to support operations in its northern business area in the UK North Sea.
Noble Energy has signalled its intention to sell its assets in the North Sea and analysts have valued a deal as potentially worth up to £400million.
Aberdeen company Sand Monitoring Services (SMS) has been awarded a multimillion-pound contract by a global oilfield service giant - understood to be Schlumberger - for sand and solids monitoring services in Europe, Africa and the Caspian area.
ENERGY service company flexlife, of Aberdeen, has announced the completion of £1million-worth of work for clients in the North Sea using its patented scanning technology.
Faroe Petroleum saw its shares soar more than 20% to 106p yesterday after it announced its first discovery in the Atlantic Margin.
SCOTLAND'S renewable energy expertise will today come under the spotlight at the world's largest offshore wind trade event - the European Offshore Wind Conference (EOWC) in Stockholm, Sweden.
ENGINEERING and construction company Subsea 7 has played host to a delegation of Ghanaian VIPs, including its deputy minister of energy, Kwabena Donkor.
A Health and Safety Executive chief warned yesterday that there could easily be another Piper Alpha tragedy in the North Sea.
Chancellor Alistair Darling was urged last night to widen offshore tax concessions to include potential new gas fields west of Shetland.
The next Offshore Europe oil show in Aberdeen, in 2011, is being cut short to avoid a clash with a big golf tournament.
CALEDUS, the Aberdeen-based well-construction technology oil and gas service-sector business, is celebrating the first commercial deployment in the Middle East of its SlimWELL technology.
OPITO - the Oil and Gas Academy will today lead a radical change to the closing day of Offshore Europe.
A health and safety boss at oil giant Shell yesterday called for equipment and training given to North Sea workers to be simplified.
Plans for a large demonstrator windfarm off the Dutch coast have strengthened the resolve of a group trying to establish such a facility near Aberdeen.
ABERDEEN firm Walker Technical, which specialises in composite pipe repairs for the oil and gas industry, said yesterday it was to enter the American market for the first time through a joint venture with Louisiana-based Fairwinds International.
International oilfield service company Expro has been awarded a multimillion-pound contract by Apache North Sea following completion of a competitive tendering process.
VISITORS to the Leuchars Airshow in Fife this weekend can learn all about training to be a pilot of a different kind, thanks to the Underwater Centre at Fort William.
Young professionals from Britain's oil and gas industry yesterday proposed to business leaders ways to improve the strategy for attracting, developing and retaining the next generation of workers.
Triple Olympic gold medallist Sir Chris Hoy was at Offshore Europe yesterday.