THE chief executive of TAQA will tell an audience in Aberdeen today that he would like to see the Abu Dhabi National Energy Company soon in a position where it has daily production of 150million barrels of oil equivalent from the North Sea and proven plus probable reserves of some 200million barrels.
Oil & Gas
Aberdeen company First Oil, owned by multimillionaire businessman Ian Suttie, now says it is the largest private UK firm producing oil and gas from the North Sea.
ABERDEEN company ROVision has completed its first subsea inspection job for Rowan Drilling at Dundee and has more work in hand for the same company.
Perhaps unsurprisingly for someone who gives so much time and effort to an ambitious football club, Keith Moorhouse peppers a discussion of his other prominent role with numerous sporting analogies.
OIL production has been suspended indefinitely in two fields in Azerbaijan as a result of a gas leak - halving output from a group of offshore deposits in the Caspian Sea.
Pressure is mounting on Chancellor Alistair Darling over tax changes which could hit thousands of offshore workers.
A NORTH-EAST cancer charity's appeal to build a new support centre has been given a massive boost after an energy services company pledged £20,000 to the cause.
Ramco Energy, which recently refocused as an energy investment company with a strategy of investing in both oil and gas and renewable energy, said yesterday it was delighted with the progress made since it announced its new vision.
First Minister Alex Salmond last night promised a massive economic boost for the north within a generation, as plans for a major marine energy development in the Pentland Firth were unveiled.
Shell has begun downmanning facilities in Nigeria after a dramatic 24 hours of violence which saw a north-east businessman snatched from his home.
Hallin Marine said yesterday oil and gas producers were continuing to push forward with offshore construction projects and drilling activity remained at a record high.
ENCORE Oil said yesterday it had focused attention this year on the delivery of its strategy; the key elements of which are to maximise the potential of assets and to monetise them at the appropriate time to create the greatest shareholder value.
A young Aberdeen oil service firm yesterday revealed ambitious expansion plans.
SCOTTISH Gas today announced a major expansion of its training academy north of the border and the doubling of recruitment of apprentice gas engineers over the next year.
Faroe Petroleum, the Aberdeen-headquartered oil and gas company, said yesterday its latest exploration venture was targeting a significant prospect in a prolific area of the central North Sea.
AN OIL and gas leader wants to fuel the imagination of young people studying science by highlighting opportunities for them in the industry.
Aberdeen-based law firms and firms with Granite City offices are highlighted in The Legal 500 as the key players in Scotland in the oil and gas sector.
The UK North Sea sector needs support from Westminster to encourage fresh investment and achieve its full potential, a conference heard yesterday.
Oil prices slid to their lowest levels since April yesterday amid signs that production cartel Opec was planning to keep supply levels steady.
Aberdeen oil service group C&M had debts of more than £33million when it went into administration, it emerged yesterday.
Providence Resources has signed a staged farm-out agreement with Chrysaor, a privately owned UK development-led company, covering the Spanish Point discovery in the Porcupine Basin, west of Ireland.
This was a very badly kept secret - at last Arcadia Petroleum has Falkland Islands government approval to farm into North Falklands Basin Tranches C and I.
IT DOESN'T take an oil minister to tell us that we need more oil and that it is "understood by Government at the highest level". Any teenager old enough to fill up the family car knows that. Consumers pay good money for petrol to make sure oil companies also know that. That has been the real incentive to tackle fields previously viewed as too old, too deep, too hot, and develop the technology to make it happen.
THE EU's greenhouse emissions and renewable energy targets are "unrealistic" and could damage European business, according to the head of the Confederation of British Industry (CBI).
A STUDY by the Royal Institute of Chartered Surveyors shows that the payback periods for energy technologies installed in the average home in England and Wales are lunatic.