Independent Oil and Gas (IOG) will hand out the contract for a jackup rig for the first phase of its flagship Core project “in the coming weeks”.
Aberdeen firm Rigmar Services said yesterday it had won a multimillion-pound deal with rig owner Rowan Drilling.
Fast-growing subsea installation firm Ocean Installer is looking to recruit 20-30 people this year after taking a minimum five-year lease on offices in Aberdeen.
Heavy-oil explorer Xcite Energy has raised £31.5million to help fund ongoing work.
ConocoPhillips has agreed a deal with Maersk Drilling for a jackup rig for drilling in the North Sea.
ABERDEEN-BASED oil explorer Xcite Energy saw its shares rise almost 10% last night after announcing new cash funding.
A GIANT oil rig arrived in Dundee on Friday for general maintenance work.