Video: Tax rate certainty sees energy investment rise
Investment in the UK oil and gas industry has hit record levels thanks to greater certainty over tax rates, according to a survey published yesterday.
Investment in the UK oil and gas industry has hit record levels thanks to greater certainty over tax rates, according to a survey published yesterday.
The Scottish Government is poised to unveil a blueprint showing how it would tax and regulate the North Sea oil and gas sector if the nation became independent.
Ithaca Energy said yesterday the integration of newly-acquired Valiant Petroleum was “progressing well” as it revealed a rise in turnover and production.
Workers at a Highland energy services business face an uncertain future after it collapsed.
Project management and concept development specialist EPC Offshore yesterday moved into new offices in the west end of Aberdeen.
Energy giant Centrica said yesterday extra profits earned during the cold snap at the start of the year would be used to hold off price rises “for as long as possible”.
North-east oil and gas service firm Paradigm Flow Services is looking to add 10 people to its workforce as it continues to expand.
Oil and gas major Shell has increased its stake in the central North Sea Beverley field to 60% after it acquired half of Ithaca Energy's stake in the prospect.
Oil and gas engineering firm Alderley yesterday said it had won a £19.2million deal with South Korea’s Daelim for a project in Kuwait.
Almost four out of every ten oil and gas companies are starting to prepare for an independent Scotland, according to the latest sector survey by the Aberdeen and Grampian Chamber of Commerce.
Safety performance in the North Sea was celebrated at an award ceremony in the Ardoe House hotel near Aberdeen last night.
Westhill-based oil services firm Proserv has won a multi-million dollar contract for work on BP's PSVM field project in Angola.
Drilling company Transocean today said it chairman and former chief executive Michael Talbert will step down in the next year.
Oil giant BP has pulled some foreign workers out of Libya after warnings about deteriorating security in the north African country.
Aberdeen-based Maritime Assurance and Consulting (Mac) has won its largest contract to date for work in UK waters.
Aberdeen fabrication and engineering firm Harlen Fabrication says it has seen revenue soar by £4.7million since investing heavily in its facilities and growing its workforce.
The Scottish Government said yesterday it was doubling its support for a new Aberdeen-based energy training scheme to £6.5million.
Ophir Energy said today it had extended a drilling rig contract with partner BG Group for the continuation of its 2013-2014 offshore programme in Tanzania.
Faroe Petroleum said today that Jonathan Cooper will take over as chief financial officer on July 1 from Iain Lanaghan.
The politics of the oil and gas industry were covered in two days of debate at Aberdeen university, as part of the city's May Festival.
Italian oil major Eni took another step yesterday in its move to focus on upstream operations, with the £1.2billion (1.45billion euro) sale of a stake in gas transport company Snam.
Aker Solutions said today it had won a £100million contract for offshore engineering services at Husky Energy's Canadian White Rose field.
Scottish firms are hailing another successful trip to the world's largest oil and gas show in Houston in the US.
An offshore industry leader has praised both sides in the independence debate for “behaving responsibly” and not damaging the sector.
The UK Government is planning to put the 28th set of North Sea exploration licences up for grabs early next year.