Fastnet picks up Celtic Sea blocks
Newly-listed exploration firm Fastnet Oil and Gas said today it had been awarded two licensing options covering areas of the Celtic Sea offshore Ireland.
Newly-listed exploration firm Fastnet Oil and Gas said today it had been awarded two licensing options covering areas of the Celtic Sea offshore Ireland.
The north-east energy industry will drive a rise in mergers and acquisitions (M&A) activity throughout Scotland over the coming year, according to a new survey.
Energy service firm 3sun Group said yesterday its inspection division had won £1million of work in the six months since it was launched.
Oil field engineering group Aker Solutions said yesterday it would invest £4million in its UK offshore maintenance, modifications and operations (MMO) division.
A shortage of skilled workers and regulatory differences around the world are among the biggest challenges facing the global energy industry, according to GL Noble Denton. The technical service provider to the oil and gas sector said yesterday its conclusion was based on views expressed at a gathering of energy sector bosses in Houston.
More than 120 staff are now back working on oil and gas major Total's Elgin platform in the North Sea, the operator said last night.
Aberdeen-based oil field service company Reservoir Group has rebranded all its coring businesses as Corpro.
A man has died after being injured on a boat anchored a mile off Aberdeen.
Prospects potentially similar to the giant Wytch Farm oil field in southern England are to be explored by Wessex Exploration after it signed a licence agreement.
Aberdeen was the only major UK city to create more businesses than it lost when the UK emerged from recession in 2010, said national accounting group UHY Hacker Young. The Granite City is reported to have created a net figure of 3.7 new businesses per 10,000 people in 2010.
A jobs bonanza is in the pipeline thanks to plans by one of the North Sea's biggest players to invest £18billion in two major projects.
Dolphin Drilling has been awarded a three year contract worth £243 million with BP Exploration for the use of the semi-submersible drilling rig Byford Dolphin.
Atlantic Offshore has sold its oldest platform support vessel, the Ocean Scout, into the offshore wind market.
Aberdeen-based mechanical engineering group EnerMech said yesterday it had landed its biggest contract to date.
Ithaca Energy said yesterday initial flow rates on its Athena development were nearly 22,000 barrels of oil per (bopd) day - doubling its own daily production figures.
Aberdeen-based oil explorer Deo Petroleum yesterday upped estimates of oil in its North Sea Perth field, but said development was being hampered by lack of offshore equipment.
The north-east came close to losing out on hundreds of Statoil jobs when the UK Government announced its surprise £10billion tax raid on the industry last year.
Norwegian oil-field engineering group Aker Solutions said yesterday it wanted to add 1,300 people to its UK workforce.
Oil service giant Halliburton will be among firms presenting at an event to showcase capabilities in offshore oil and gas decommissioning in Aberdeen next week. Run by Decom North Sea (DNS), the lunch-and-learn event will also feature presentation from AGR Subsea and BIS Inspection. DNS chief executive Brian Nixon said: "Our previous lunch-and-learn events have proved to be very successful." The event is being held on Wednesday at the Palm Court Hotel.
Oil and gas company Melrose Resources suffered a backlash over bosses' pay at its annual meeting yesterday.
Statoil's plans to create up to 1,000 jobs were welcomed across the political spectrum last night.
A US seismic firm is to carry out microseismic mapping and monitoring onshore in the UK for Cuadrilla Resources.
Oil & Gas UK has begun a search for outstanding performers. Nominations for the Oil & Gas UK Awards 2012 are now being sought, with a closing date for entries of Friday, August 10.
A North Sea oil and gas exploration firm has cut short a contract with semi-submersible rig operator Awilco Drilling after technical issues on a well.