Night to remember in 2012
Anyone planning to attend the next Press and Journal Energy Ball will have to get a move on.
Anyone planning to attend the next Press and Journal Energy Ball will have to get a move on.
TWO North Sea oil vessels whose anchors lost tension in storm-force winds are now safe, as efforts to stabilise them continue.
OIL and gas recruitment firm OIE Services has set a target to more than double its turnover next year.
ENERGY service group 3Sun said yesterday it expected to double its annual turnover to £15million by the year-end.
SPECIALIST oil and gas investor Energy Ventures said yesterday that companies in its portfolio had increased turnover by an average of 50% this year.
Oil and gas firm Ithaca Energy said today start up on its North Sea Athena development had been set back due to delays converting the floating production vessel earmarked for the field.
SHAREHOLDERS in Scottish oil exploration and production firm Cairn Energy will share more than £2billion after the long delayed sale of a controlling interest in the firm's Indian subsidiary was finally completed.
Oil and gas engineering services business Plexus Holdings, of Aberdeen, said yesterday it had won an £800,000 deal with Australian exploration and production firm Santos.
Shell UK said yesterday that a section of North Sea pipeline had become exposed on the seabed, however, there had been no leak and the line was still intact.
MEMBERS of an industry body for energy and engineering businesses in the Highlands and islands, including Maritime Craft Services and Orion Group have met counterparts in Glasgow and Edinburgh to promote trade and build supply-chain links.
Oil and gas industry professionals believe that unconventional gas is a long-term solution to the world's energy demands, according to a poll conducted at the World Petroleum Congress (WPC) in Doha this week.
ockhopper Petroleum said today it had begun to set out its stall to potential partners as it shifts into development mode on its Falklands Sea Lion field.
Nexen Petroleum has given a major fabrication contract for its £2billion Golden Eagle development to Heerama Fabrication Group.
Energy services firm Aker Solutions said today it had missed financial targets this year but that growth plans remained on track.
Results of an appraisal well on oil explorer EnCore Oil's Tudor Rose prospect will not be available ahead of an important shareholders' meeting.
Scottish Secretary Michael Moore has credited the Press and Journal with helping ensure North Sea oil and gas firms were not hit with a new levy for every worker flown offshore by helicopter.
TRADE unions were drawing "new battle lines" in the fight for paid holidays for North Sea offshore workers last night after the UK Supreme Court dismissed their legal challenge.
A former head of BP has been lined up to speak at an annual offshore energy conference in the east of England.
NORTH-EAST company Ferguson Group is expanding operations in Australia.
TROUBLED engineering firm Cosalt said yesterday it had received a £5million loan from David Ross to keep it afloat while shareholders considered the non-executive chairman's takeover offer.
Centrica's Butch prospect could contain up to 60million barrels of oil, the parent firm of Scottish Gas said today.
French oil giant Total has upped its stake in two major North Sea fields in a £505million deal, but said it was also looking at selling off some of its assets in the region.
Subsea 7 has won a £128million contract with Brazil's state oil company Petrobras for work in the Campos Basin off the country's coast.
North-east oil and gas telecommunications company Nessco Group is expecting to double its turnover this year to £34million and add at least 20 people to its fast-growing workforce by the end of 2012.
Oil service firm Hydrasun yesterday revealed strong growth in both domestic and international markets.