Funds managed by private-equity firms Candover Investments, Alpinvest and Goldman Sachs have again raised their offer for oilfield technology specialist Expro International through buyout company Umbrellastream.
Oil & Gas
More than 1,000 places are already booked for Aberdeen's first Energy Ball.
ABERDEEN-BASED Scomi Oiltools (Europe) is launching a drilling-fluid division in the UK with a new quayside plant in the Granite City.
Petrol supplies to Shell garages were hit yesterday as hundreds of drivers launched a four-day strike in a long-running row over pay which union leaders warned will lead to shortages over the weekend.
Independent oil and gas company Valiant Petroleum said yesterday it had made excellent progress in becoming a key North Sea player.
Scots farmers, fishermen and hauliers united last night to force the UK and Scottish governments to tackle the fuel crisis as it took a turn for the worse.
Last-ditch talks aimed at averting a four-day strike by hundreds of fuel tanker drivers in a row over pay broke down last night.
Bob Keiller, chief executive of Aberdeen-based international energy service company Production Services Network (PSN), has been named as Ernst and Young Scotland Entrepreneur of the Year 2008.
The chairman of UK oil major BP has rejected as "apocalyptic" a prediction by Gazprom chief executive Alexei Miller that oil prices would soar to $250 a barrel by the end of next year.
TWO events being held by Oil and Gas UK and technology facilitator ITF in Aberdeen this week will sharpen the industry's focus on the technologies and capabilities required when decommissioning of oil and gas infra-structure gets under way, potentially at a cost of £20billion to 2040.
Delegates at a business breakfast in the Granite City yesterday were told how offshore west Africa was leading the way in oil and gas capital and operating expenditure.
Aberdeen University researchers are to investigate potential new oil fields which have lain undiscovered and untapped for more than 40million years.
FIRST Minister Alex Salmond yesterday threw his weight behind a major investment by an energy company into Aberdeen University's landmark new library.
The key role an area west of Shetland plays in Britain's oil and gas sector has been highlighted in a new report from energy consultant Hannon Westwood.
Fears over fresh rises in energy bills for long-suffering households grew yesterday after wholesale gas prices for next winter set a new record.
TENS of thousands of Spanish lorry drivers began an indefinite fuel price protest strike yesterday that could bring the country to a standstill. It immediately led to lengthy queues at many service stations across the country by drivers worried they would be left without petrol.
Gleaner Oils, the Elgin-based fuel distributor and filling-station operator, said yesterday it was heading for a 25%-plus increase in annual turnover this year.
A THREATENED strike by nearly 1,000 tanker drivers supplying Shell forecourts could cause another fuel panic and send prices soaring further, north-east politicians warned last night.
French oil and gas company Total said yesterday it had made a new gas and condensate discovery in the Alwyn area of the North Sea.
MECHANICAL engineer Ken Innes, the Aberdeen-based head of rotating equipment for Shell Exploration and Production in Europe, has won a Royal Academy of Engineering silver medal for his outstanding contribution with a commercial benefit to British engineering.
A GROUP of Australian and Chinese researchers have made a ground-breaking discovery that could revolutionise the capture of solar energy.
OPENHYDRO has become the first tidal energy company to complete the connection of a tidal turbine to the UK national grid and commence electricity generation. Its 250kW Open-Centre Turbine, which is installed at the European Marine Energy Centre (EMEC) off Orkney, started generating to the grid on May 26.
On June 15, the second ever European Wind Day will take place. More than 20 countries are participating and more than 100 events are being organised across the continent.
June 3-5: Europe Upstream 2008, London. Organiser: Global Pacific & Partners - e-mail firstname.lastname@example.org. URL: www.petro21.com
VARIOUS opinions were at play within Technip's boardroom and among senior management. At the end of the day, what was best for the Perry Slingsby business determined the outcome.