Venture Production revealed yesterday that the Kittiwake platform in the central North Sea had returned to full operations last Thursday.
Oil & Gas
OIL service company TESCO Corporation said yesterday it had appointed Doug Sedge as vice-president and general manager for Europe to help drive business growth.
DEMAND for training in remotely-operated vehicles (ROVs) has rocketed in the last 12 months, according to a Scottish commercial dive centre.
Chevron North Sea said yesterday that drilling operations had begun on an exploration well west of Shetland.
Aggreko, the Scottish temporary-power specialist, has unveiled plans to expand its global operations by buying a business in India for £3.9million.
Crude oil fell below $50 a barrel to its lowest level since March 2005 yesterday amid fears of a global downturn on demand.
INVERGORDON is celebrating the arrival of the 600th oil rig to visit its service base since 1973.
SHARES in Canadian oil explorer Oilexco - which is listed in both Toronto and London - plunged yesterday after it announced plans to raise up to £100million in debt and sell shares to raise more cash, but later said it had abandoned the proposals.
PETROFAC Training launched its fourth UK major-emergency management (MEM) simulator at a ceremony at its Altens training centre in Aberdeen last night.
THE body which champions Britain's subsea industry has met with HM Revenue and Customs to present the industry's concerns over proposed changes to seafarers' tax.
SOVEREIGN Oilfield Group, the Aberdeen-based diversified oilfield service business, has announced the appointment of Robert Ellis as a director and his election as chairman by the board.
DANA Petroleum, the Aberdeen oil and gas operator said yesterday its production in 2008 was expected to average about 39,000 to 40,000 barrels of oil equivalent per day (boepd), representing 30% growth over 2007.
As a youngster in his home country of Holland, Leo Koot was fascinated with the sea and the adventures that might be awaiting him abroad.
STATOILHYDRO received the innovation award yesterday at the 14th European Well Intervention Round Table.
ROCKHOPPER Exploration, the South Atlantic oil and gas explorer, said yesterday it had increased its estimates of recoverable reserves in two licences in the North Falklands Basin from 1.2billion to 1.8billion barrels of oil.
North-east firm PSL Energy Services is believed to be planning to axe at least 50 posts, it emerged yesterday.
THE Scots-born vice-chairman of US oil and gas group Chevron, Peter Robertson, will be keynote speaker at the Scottish Council for Development and Industry's annual lecture in January.
Encore Oil has announced an oil find at the Bowstring East prospect in the UK northern North Sea.
A crisis in confidence has led to a nosedive in the fortunes of oil and gas firms on the Alternative Investment Market, according to Ernst and Young.
Global shipping and energy services company Craig Group, of Aberdeen, is rounding off its 75th anniversary celebrations in bullish mood following a strong set of annual results
Results from the UK's 25th offshore licensing round emerged yesterday, with announcements by a number of the successful companies.
The owners of Aberdeen firm Containental Offshore have benefited to the tune of more than £10million after the acquisition of the business by investors led by London-based private equity firms Lansdowne Capital and Claver Capital.
The UK's second biggest energy supplier said yesterday it hoped to cut household energy bills early next year.
A record offshore licensing round last night lifted the gloom cast by yesterday's news of soaring unemployment and fears of an even deeper recession.
VENTURE Production said yesterday that before last week's shutdown of its operated Kittiwake platform it had expected this year's average production to be around 45,000 barrels of oil equivalent per day (boepd).