ABERDEEN has been selected as the headquarters for offshore wind, wave and tidal power activities by one of the biggest North Sea oil and gas service companies.
Oil & Gas
A safety device designed to help locate offshore workers lost at sea has been issued on North Sea helicopter flights for the first time in almost a year.
AGR Petroleum Services will begin a £2million-plus well management contract on a significant drilling campaign off the Falklands this month on behalf of two oil and gas explorers.
Two north-east businessmen revealed yesterday that their new oil service venture in Africa has landed a £32million contract.
NEW training and consultancy firm IC Training has opened in Aberdeen to deliver an integrated package of training solutions for oil and gas businesses internationally, aimed at ensuring competence in the workforce in technical and operational disciplines.
BG Group chief executive Frank Chapman said yesterday the energy company was entering a new decade of high growth, underpinned by a strengthened and rebalanced portfolio.
Royal Dutch Shell said yesterday it would cut a further 1,000 jobs worldwide this year after reporting a 69% slide in annual profits to £6.1billion.
BRISTOW Group, the US-based helicopter operator with a large presence in Aberdeen supporting the offshore oil and gas industry, has posted better-than-expected quarterly profits.
OIL and gas consultant Maxoil Solutions looks set for a busy 2010, with plans to grow its global presence significantly over the next 12 months.
ABERDEEN oilfield service company Coretrax Technology yesterday hailed a successful first year in business and said it was now looking to expand sales into the Middle East and Asia-Pacific markets.
Scottish expertise has huge potential for penetrating North America's flourishing green-energy market, Aberdeen Renewable Energy Group (Areg) told members yesterday.
ABERDEEN oil service company Rubberatkins has announced a £250,000 investment in new equipment.
Hammerfest Strom UK has received a £3.9million grant from the Carbon Trust for construction and testing of a one-megawatt (MW) tidalpower device at the European Marine Energy Centre in Orkney.
COSALT, the provider of safety equipment and services for the offshore oil and gas and marine industries, said yesterday its top-line profits for the 53 weeks to November 1 were down from £7.23million to £5.49million.
ITHACA Energy, the oil and gas operator focused on the UK North Sea, has reported a substantial increase in reserves.
PETROFAC, the international oil and gas facility service provider, was linked yesterday with the possible demerger of its interests in the Don area of the North Sea.
COSALT Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has landed a three-year contract extension worth up to £18million.
A new Aberdeen-based oil services company has been formed through the merger of two sister firms.
Pilot training - generalised training covering all aspects of remote subsea intervention operations from launch to recovery.
ONE of the greatest challenges that traditionally faces the subsea contractor is unequivocally convincing the client that he has the solution to the challenge.
A MAJOR study shows that 20% wind is possible in the US by the early-2020s, subject to major upgrade works that parallel those needed in the UK. The US Department of Energy and National Renewable Energy Laboratory (NREL) has completed its massive Eastern Wind Integration and Transmission Study (EWITS).
RISO DTU, in Denmark, has completed the world's first successful test on a wind turbine with a laser-based anemometer built into the spinner in order to increase electricity generation.
February 2-4: IADC/SPE Drilling Conference & Exhibition, New Orleans. Organiser: email@example.com
EIGHTEEN months have swept by since Fairfield Energy took over operatorship of the North Sea Dunlin field from Shell, since when a great deal has been done to rejuvenate the asset. And Fairfield has aggressively grown its portfolio, taking advantage of the fact that Dunlin is, in effect, paying the bills.
Safety is a top priority for the oil&gas industry and, thankfully, accidents are rare. When they do happen, the sector has a particular way of deciding who should bear the costs.