Three north-east oil workers are being held hostage in Iraq after an armed gang stormed their rig and demanded a $1million ransom.
The first graduate to come through training at The Underwater Centre, Fort William, as a result of a Caithness Chamber of Commerce-led funding initiative has landed his first job in the offshore industry.
Thomas P Burke Rowan Companies current chief operating officer, has been promoted to president, though he will keep the existing role too.
Currie & Brown has appointed respected energy sector figure George Murray as its "industry leader" for the oil and gas sector, based in Aberdeen.
The average annual Statoil wage was £135,000 in 2012, with chief executive Helge Lund earning £1.55million up 13.5% on 2011.
The boss of Centrica Energy’s Aberdeen-based upstream division will step down at the end of June after three years leading the business, it was announced yesterday.
A man described as a Walter Mitty-style fantasist, who embezzled more than £1.2million from a north-east oil services firm, has been jailed for five years.
Shell chief executive Peter Voser, above, made more than £4million in salary, bonuses and remuneration last year, according to the energy supermajor’s annual report.
Aberdeen technology development firm Spex Group yesterday named Nadir Mahjoub, above, as chief operating officer.
BP boss Bob Dudley's pay fell by a fifth last year because of performance measures set over a three-year period that began in 2010 – the year of the Gulf of Mexico oil spill.
Subsea construction firm Ocean Installer (OI) has taken on a former Seadrill boss as its new chief finance officer.
Aberdeen-based Dana Petroleum named yesterday a new managing director for its Norwegian activities.
The talent and success of the north east's subsea industry were celebrated at Subsea UK's seventh annual business awards last night.
Aberdeen-based oilfield service firm Glacier Energy Services has appointed two new managing directors to lead a change in the structure of its business.
A north-east oil worker has spoken for the first time of his terrifying ordeal after being kidnapped by terrorists in Nigeria.
When Bob Rooney put together a business plan for his employer, he could not have known that it would lead to his dismissal.
"It's an exciting time. With growing emphasis on subsea-based production . . . currently around 40% (in the North Sea) but predicted to reach 70%, the message we're receiving from subsea firms is that their order books are looking very good for the next couple of years."
WE LIVE in strange, even desperate times and yet the energy industry is prospering. Anecdotally, while it remains next to impossible to borrow sensibly from banks although they would deny this, the healthy energy sector has other ways of financing its ambitions, notably via private equity.
NEXT month, Rod Buchan will have completed a year as CEO of Cosalt Offshore.
Had it not been for Ian Sharp's passion for diving, he could have opted for a life in the classroom.
HE DARED to question, to challenge the system and he got away with it; something that is probably rather rare in the annals of North Sea history.
IT WAS in April 1990 that Graeme Coutts walked into Expro Group in Aberdeen "to do a favour in between jobs" for the base manager at that time, Glyn Williams, who today heads private equity firm Epi-v
The global expansion strategy of oil and gas service company qedi led to the recent appointment of Sally Hayles as business-development director.
WTR's Willie Rennie is local to the north-east of Scotland, went to Aberdeen Business School and has logged more than 21 years in the oil & gas industry.