A recently formed Aberdeen oil and gas company is involved in plans to bring the Maureen field in the UK central North Sea back to life.
Oil & Gas
SIGMA Offshore, an Aberdeen firm specialising in the provision of offshore mooring systems, has made two board level appointments and signed a deal it hopes will lead to significant orders from China.
OIL prices fell to their lowest level for nearly four months yesterday amid expectations that slower world growth would reduce demand.
ABERDEEN-BASED supplier of specialist offshore cargo-carrying units Swire Oilfield Services (SOS) has announced another international acquisition.
Global Energy Group announced contracts yesterday for work on two rigs worth about £12million to the Highland economy.
Almost 100 jobs in Angus and the north-east are under threat after oil production supply company Vetco Gray announced plans to reduce its workforce.
Up to 1,000 delegates from the oil and gas industry will attend the annual Pilot Share Fair and the first Oil and Gas UK supply-chain conference later this year.
Energy service giant Weatherford unveiled plans yesterday to invest £11million in its technology and training centre at Bridge of Don, in Aberdeen.
The North Sea energy industry was under fire last night for failing to cut the number of oil and gas leaks - despite the potential to spark another Piper Alpha-style disaster.
Scottish engineering firm Weir Group said yesterday it expected more progress this year as it announced a substantial increase in first-half profits.
ABERDEEN-BASED Bond Offshore Helicopters is introducing three latest-technology EC 225 aircraft to its fleet in a continuing investment programme in support of work worth almost £240million.
The UK offshore oil and gas industry's flagship safety initiative Step Change in Safety is creating new Opito-approved minimum safety training standards for people working on installations.
OIL service firm NOV Elmar UK has unveiled a larger north-east manufacturing facility and announced plans to add a further 25 people to its local workforce.
Abu Dhabi National Energy Co (Taqa) is planning to invest £750million to make more acquisitions and boost oil output from its UK North Sea operations, its chief executive said yesterday.
Plans for a £65million bioenergy plant at Scotland's largest distillery were announced yesterday by drink giant Diageo.
Sand is part and parcel of hydrocarbons production. At best, it is a costly nuisance, but unchecked it is potentially dangerous and must be rigorously managed. But how, as this aspect of production management has traditionally been less of a priority than some others?
OFFSHORE Northern Seas has long had a strong conference programme - strategic, bold and, on occasion, controversial.
I travelled to Utsira on a brilliant April day - not a cloud in the sky, a glassy sea. The catamaran lolloped along, reeling off the miles. It took no time to reach this lump of near-barren North Sea rock, which is home to some 230 souls.
A new report confirms that there should be very strong future growth for renewables in the UK, but it highlights an overall gap between what is achievable under existing circumstances and the Renewables Advisory Board central estimate scenario target of 7.6GW (Gigawatts).
THE US and New Zealand have laid the foundation of an international partnership designed to promote the use of natural renewable energy resources on island nations.
RENEWABLE/ SUSTAINABLE ENERGY
Inflation in the UK has reached its highest level for many years. The latest estimates show the annual rate of growth in the consumer price index (CPI) reaching 3.8% and in the retail price index (RPI) 4.6%. The Government's official target is just 2%.
Last month, the UK unit of Lundin Petroleum, partnered by Challenger Minerals and Revus Energy, successfully drilled the UKCS block 21/8 Torphins prospect. The 21/8-4 well penetrated a high-quality Paleocene reservoir sandstones and a sidetrack encountered encouraging signs of hydrocarbons.
In today's litigious society, companies are under increasing pressure to ensure they do all they can to avoid employees developing health problems caused by their work.
A CRUCIAL task for Curran and his team is ensuring a pipeline of North Sea drillable prospects, exploration successes, acquisitions and projects as they are currently responsible for about 25% of Lundin's current 180million boe global reserves base.