StatoilHydro has joined an initiative that aims to tap ultra-deep geothermal energy sources in Iceland with a view to generating huge quantities of electricity sustainability. Success could deliver a tenfold increase in the amount of energy harvested from existing wells.
ENSCO International has placed yet another contract for an Ensco 8500 class ultra-deepwater semi-submersible drilling unit - the seventh in the series. The $560million order has been placed on spec with Keppel FELS in Singapore, with delivery expected during H2 2012.
WASHINGTON is sending an icebreaker into the Arctic to collect scientific data about the continental shelf and oceanic basins of its ice-bound seas. The US Coastguard cutter, Healy, has already embarked on the first of two cruises ordered by the US Extended Continental Shelf Task Force.
Rig day-rates may be about to peak as drilling contractors hit resistance from increasingly wary oil companies.
When Petrofac established its shared emergency response and crisis management business in Aberdeen during 2005, locating the facility downstairs from the Maritime Coastguard Agency at Blaikies Quay, the company was, in a sense, pushing at an open door, yet at the same time, it wasn't.
Norway has committed to pouring more than £30million (NOK 300million) into a scientific research and development programme with the aim of generating more cost-effective technology for carbon capture.
Scottish oil service companies were celebrating another successful international show yesterday as Offshore Northern Seas (ONS) in Norway drew to a close.
HYDRO Group has reported increasing demand for its heavy-duty electrical connectors in the Norwegian market.
NORWAY is a busy market for the local subsidiary of Aberdeen-based Abbot Group.
UK-BASED international oilfield service company Expro has more than 14 years' experience of operating in the Norwegian sector.
NORTHERN Offshore, which was listed on the Norwegian stock exchange less than 12 months ago, believes it is well placed to win drilling work in the UK and Norwegian sectors.
ABERDEEN-BASED Balmoral Group is a specialist polymer engineering firm with extensive experience of the Norwegian market.
CRAIG International Supplies could open a base in Norway, the managing director of parent Craig Group said at ONS
Ferguson Norge, part of Aberdeenshire-based Ferguson Group, has reported record levels of business in 2007, with a strong performance predicted for 2008.
Hunting said yesterday its Hunting Energy Services division was planning acquisitions of complementary businesses as demand for products and technical expertise continued to outpace industry supply.
A north-east oil service company has started a major push into Norway, it emerged yesterday.
Venture Production said yesterday it had achieved a record financial performance in the six months to June 30 thanks to higher production and strong oil and gas prices.
A SIGNIFICANT shift in the credit and equity markets is increasingly becoming an issue affecting certain elements of the Norwegian oil and gas markets.
Global Energy Group, a Scottish contracting and service-based company which supports the international energy industry, announced a Norwegian tie-up yesterday.
NORWAY is a key market for international energy service company Wood Group and this year marks the seventh time the firm has participated at ONS.
International environmental service specialist TWMA yesterday announced the opening of a new office to service increasing business from the Norwegian market.
Marine service company James Fisher and Sons said yesterday that two north-east subsidiaries had exceeded all expectations since they joined the group.
Petrofac, a global provider of facility services to the oil and gas production and processing industry, said yesterday it was bidding on major contracts worth more than £5billion.
THE UK's booming subsea industry must prepare for choppier waters, a champion of the multibillion-pound sector has said.
THERE is almost nothing the UK offshore industry cannot do, Scotland Office Minister David Cairns told the Offshore Northern Seas show yesterday.