FAROE Petroleum said yesterday that drilling had started on the Glenlivet gas prospect west of Shetland.
Oil & Gas
Petrofac chief executive Ayman Asfari delivered an upbeat outlook for the international oil and gas service firm's North Sea business yesterday, saying the economic climate created many opportunities.
Offshore Hydrocarbon Mapping (OHM) said yesterday it would be nearly £9million in the red for the year to the end of this month.
Oil and gas companies listed on the Alternative Investment Market (AIM) have seen an upturn in their fortunes for the second quarter in a row.
Fast-growing Aberdeen oil service company qedi is planning to add another 60 people to its worldwide workforce in the next 12 months.
Danish container-shipping, oil and gas, tanker and retail giant AP Moller-Maersk said yesterday the economic crisis had a severe negative impact on its business in the first half of 2009.
Japan's third largest trading house is selling oil assets in the UK North Sea just months after buying interests in six other fields.
The chief executive of Venture Production said yesterday its strong results for the six months to June 30 and forward prospects reinforced the board's recommendation to shareholders to reject Centrica's hostile cash takeover bid.
ENGINEERING and project-management company AMEC has appointed Paddy Mallan as director of its European oil and gas production operations arm.
INTEGRITY, inspection and corrosion specialist iicorr is celebrating on three fronts after securing a clutch of lucrative contracts, relocating and being named as a contender for two awards.
A £5million facility to support the growth of technology businesses engaged in energy research and innovation was officially opened in Aberdeen yesterday.
DANA Petroleum, the Aberdeen-based oil and gas operator, said yesterday that first oil had been produced from the Ettrick field in blocks 20/2a and 20/3a in UK waters.
The wind-turbine manufacturer whose decision to cease UK production sparked an 18-day factory occupation by protesting workers has posted a 29% rise in half-year revenue.
Renewable-energy firm Helius Energy yesterday moved a step closer to establishing a £50million biomass processing plant in Moray.
THE head of the Health and Safety Executive's offshore division and a key figure in offshore safety improvements in the UK North Sea is about to retire after 3
A NEW green-energy centre in Aberdeen could help Scotland along the path to becoming a nation powered entirely from renewables, conservation group WWF Scotland said yesterday.
Well-service firm TecWel UK has claimed the honour of being the first business to move into the new Energy Development Centre (EDC) at Aberdeen Science and Energy Park.
SHELL UK and National Grid are joining ScottishPower's carbon capture and storage (CCS) consortium.
ANTRIM Energy, the Canadian oil and gas operator which focuses on the UK North Sea and Argentina, reported yesterday that it was continuing to progress its two major projects in the North Sea.
SUBSEA 7, the oil and gas subsea engineering and construction company, said yesterday its i-Tech division, whose global management team are based at Westhill, near Aberdeen, had won a contract worth more than £12million from Tullow Ghana.
NOMINATIONS have now closed for Oil & Gas UK's annual industry awards ceremony and the number of entries received has been the most impressive yet.
AN INTERNATIONAL oil service firm is shedding nearly a quarter of its workforce at a site in Northern Ireland.
VALIANT Petroleum, the British oil and gas company, has announced the appointment of leading oil industry figure Dave Blackwood as a non-executive director.
MELROSE Resources, the Edinburgh-based oil and gas operator, said yesterday it had successfully drilled a well to appraise its Kaliakra gas discovery in Bulgaria.
Sovereign Oilfield Group said yesterday it had agreed to sell another subsidiary and its headquarters offices in Aberdeen to reduce debt.