EnCore encounters ‘good-quality oil’ in North Sea well
EnCore Oil said yesterday that a substantial column of good-quality oil had been discovered by its Burgman well in the UK central North Sea.
EnCore Oil said yesterday that a substantial column of good-quality oil had been discovered by its Burgman well in the UK central North Sea.
Subsea companies from the north-east make up the bulk of an oil and gas industry trade mission to Latin America this week.
A NORTH-EAST firm which has spent three years designing a safer winch for transferring people to and from oil and gas platforms has sold its first product.
Finalists were announced yesterday for the second annual UK Oil and Gas Industry Safety Awards.
TAQA, the Middle Eastern energy company with growing operations in the UK North Sea, saw net profits rocket by 460% to £173.45million during 2010.
OIL and gas remote-camera technology specialist EV said yesterday it had secured more than £6million of investment.
ROYAL Dutch Shell set out "ambitious" production targets yesterday as it embarked on a fresh wave of growth to meet soaring demand from emerging markets.
Marine service group James Fisher and Sons said yesterday its offshore oil arm was seeing an increase in customer activity on both sides of the North Sea.
ROCKHOPPER Exploration, the North Falkland Basin oil and gas explorer, said yesterday it had secured three additional well slots on the Ocean Guardian drilling rig.
Salaries in the global oil and gas industry are widely expected to rise this year, according to a new survey.
Maersk Oil UK said its Culzean gas find had the potential to be one of the most promising high-pressure/high-temperature (HP/HT) discoveries in the North Sea in recent years.
North-east oilwell construction technology business Caledus has changed hands in a deal worth a seven-figure sum.
EnCore Oil revealed yesterday it could set up a new company for its exploration assets, which include eight North Sea blocks.
UK OIL and gas company Hurricane Exploration said yesterday it had raised £20million through a share placing.
A further four senior bosses at Aberdeen oil and gas operator Dana Petroleum have followed in the footsteps of their former chief executive by leaving the company for specialist investment and advisory firm Parkmead Group.
About 60 jobs are expected to be created in Aberdeen by energy service company RBG after a record month of contract wins in February when it landed more than £150million of work.
Surging oil prices will encourage more investment in UK North Sea oil and gas production, the boss of global energy service firm Petrofac said yesterday.
Fugro Survey Limited, Aberdeen, took delivery of its latest new-build, Fugro Galaxy, last Tuesday (March 1); the second FSSV 65 class dedicated geophysical survey vessel.
The Energy Technologies Institute (ETI) is to develop a model of the UK's tidal energy resources, to improve understanding of the interactions between tidal energy extraction systems as they are deployed between now and 2050.
ALL-ENERGY 2011, the UK's largest renewable energy exhibition and conference, is set to beat all prior records.
At Common Access Data (CDA), our role is to provide shared data management services within the exploration and production (E&P) sector.
"If we knew what we know, how much more successful could we be?"
Our efforts to establish common global standards for the global oil & gas industry passed a major milestone last month, when OPITO signed a landmark memorandum of understanding with the Iraq Ministry for Oil, Training and Development Directorate.
With governments and industries around the world working to reduce carbon dioxide emissions, the clean energy sector is experiencing a boom.
INTERNATIONAL consultancy RPS has acquired Nautilus Ltd and Nautilus World Ltd, a UK/US-based business providing geosciences and petroleum engineering training to the oil & gas industry, for £18.6million.