Talisman Energy revealed yesterday it had made a discovery on its Shaw prospect in the UK sector of the North Sea.
Oil & Gas
ATR Group, of Aberdeen, has appointed experienced local businessman Mike Salter as its first non-executive chairman.
Oil giant BP announced a slump in quarterly profits yesterday, but said it continued to steer a steady course through choppy waters.
One of the world's largest energy companies, GDF Suez, has set up a base in the centre of Aberdeen and is looking to recruit up to 80 people in the year ahead.
Subsurface engineering and construction company Subsea 7 posted a smaller-than-expected drop in second-quarter operating profits yesterday, helped by a good North Sea performance.
More details are expected from oil giant Shell this week on its job-cut plans, though it is still unclear what the impact will be on the 2,000-plus people working from Aberdeen.
ABERDEEN-BASED ITI Energy has announced the start of a new research and development (R&D) project aimed at boosting the technologies needed to support a next-generation power grid.
ABERDEEN-BASED Viking Moorings has changed hands in a sale believed to be worth more than £180million.
The Scottish Government's bid to set up an oil fund has come too late in the life of the North Sea, an industry expert said last night.
OIL giants BP and Shell are expected to report large falls in second-quarter profits this week.
Aberdeen company Optima Solutions UK is continuing its push into foreign markets with the opening of a new office in Perth, in Western Australia.
ASCO, the Aberdeen-based international oil and gas logistics specialist, has reported a successful 2008, but said this year would be challenging.
Venture Production has issued a robust defence circular to shareholders advising strongly that they should reject Centrica's 845p-a-share offer.
ABERDEEN oilfield environmental service company Scotoil Services is spending more than £400,000 on a pilot plant at its harbourside base for land-based disposal of oilfield scale.
A North Sea union called on Forties field operator Apache yesterday to intervene in a dispute involving two major contractors.
French oil and gas engineering group Technip reported an unexpected increase in second-quarter profits yesterday, against the trend for its sector.
Aberdeen-based oil and gas company Faroe Petroleum said yesterday it had agreed to sell its 10% interest in the Breagh gas field in the southern North Sea gas basin.
Ithaca Energy said yesterday that its production from the Jacky field was ramping up.
ABERDEEN company Argon Isotank has invested £1.5million in new premises and equipment in the Altens area of the city.
Aberdeen-based Xodus has reported "phenomenal" growth in its past financial year.
Venture Production yesterday revealed that results from an exploration well on its 100%-owned Andrea gas prospect in the southern North Sea were disappointing.
OIL and gas technology firm Red Spider said yesterday it had achieved revenue growth of 150% on a year earlier in the first half of 2009, and had topped £1million in monthly revenue for the first time.
Energy firms in the Highlands and Islands could face a challenging year ahead, according to umbrella business organisation North Scotland Industries Group (NSIG).
PLEXUS Holdings said yesterday it had won a £600,000 contract from oil and gas operator GDF Suez.
International engineering and project-management company AMEC is buying Australian engineering and project-development company GRD for £52million.