Aker Solutions was upbeat about its future prospects yesterday as it posted an 11% lift in quarterly profits.
Oil & Gas
Offshore Hydrocarbon Mapping said yesterday its revenue had been severely hit by delayed projects in the six months to February 28.
ABERDEEN firm Swire Oilfield Services, which supplies specialist offshore containers, has reshuffled its boardroom team in a move it says will help to propel it to further growth.
The chairwoman of the Health and Safety Executive said yesterday that the offshore industry's leadership had responded well to a critical report on about 100 UK platforms published at the end of 2007.
International energy service company Hunting said yesterday that trading remained in line with its expectations in the period from January 1 to April 21.
AMONG those to be honoured today in the new UK oil and gas industry safety awards organised by Step Change in Safety and Oil and Gas UK is Bob Kyle.
British explorer Desire Petroleum said yesterday it looked forward to resuming drilling off the Falklands in the third quarter.
A Scottish-Australian mining joint venture is targeting 1billion tonnes of clean coal from deep beneath the Firth of Forth to generate electricity for Scotland.
US oilfield service giant Halliburton reported a 46% year-on-year fall in first-quarter profits yesterday to £133.76million, blaming currency devaluation and tax charges in Venezuela and weak demand except in North America.
International engineering and project-management company AMEC said yesterday that a joint venture had won a £500million-plus contract extension.
THE managing director of RTH Lubbers UK International Transport is predicting that the firm could see its Aberdeen turnover and staff numbers double within two to three years. Tony Tailford said the Dutch-owned oil and gas equipment transport specialist had opened in the Granite City 10 years ago, but even three years ago had a staff of just 10.
SPECIALIST global oilfield production chemicals company Champion Technologies said yesterday it had completed its £4.5million research and development centre at its eastern hemisphere headquarters in Aberdeen.
Oil giant BP is moving ahead with a £450million UK North Sea project.
Rockhopper, the Falkland Islands-focused oil and gas explorer, said yesterday it had begun drilling its Sea Lion prospect, using Diamond Offshore UK's Ocean Guardian drilling rig.
BIBBY Offshore, the Aberdeen-based provider of subsea construction and offshore management services, said yesterday it had bought the dive-support vessel (DSV) Bibby Sapphire from former owner Volstad Subsea for £34million.
Total expects to award multimillion-pound construction contracts within days as it steps up the pace on its Laggan and Tormore gas development west of Shetland, one of the energy giant's bosses said yesterday.
Aberdeen-based mechanical service company EnerMech yesterday announced its latest acquisition.
Aberdeen company Altra Energy said yesterday it was positioned for significant growth and was aiming to create about 200 jobs over the next three years.
OIL prices are overheated following crude's recent run to 18-month highs, according to the International Energy Agency (IEA).
Aberdeen-based oil and gas service firm Aiken Group said yesterday that turnover would hit the £10million mark this financial year.
Energy companies have strengthened links with Brazil thanks to a trade mission involving energy and engineering umbrella organisation North Scotland Industries Group (NSIG).
Scottish businessman Sir Ian Wood is planning to stand down within three years as chairman of the international energy service giant bearing his family name.
SCOTTISH energy-equipment supplier MacLean Electrical has expanded its international reach.
Sales by oil and gas service companies based in Scotland have hit a record £15.4billion, with much of the extra cash going to businesses in the north and north-east.
David Cameron pledged yesterday to deliver "stability" to the offshore industry if he is elected prime minister next month.