The scale of Aberdeen's North Sea bounty over several decades is revealed in the latest Sunday Times Rich List.
North Sea news
Europe’s beleaguered capital of oil and gas has powered its way into the top five in a league table of the UK’s fastest-growing city economies.
Wood chief executive Robin Watson said yesterday the group still had a key role to play at the heart of a recovering north-east economy, despite it making only 5% of its revenue in the UK North Sea.
A hat-trick of new contracts worth a total of £10million have created 25 jobs and put Aberdeen firm PD&MS Group into pole position in a growing market.
North Sea veteran Algy Cluff said yesterday the current rocky relations between the UK and Russia highlighted the dangers of Britain relying on foreign gas imports.
If the boss of Capital Document Solutions seems even more confident than usual about the office equipment company’s future, it is with very good reason.
Global Marine Group (GMG), of Essex, has launched a new offshore division in Aberdeen in a further sign of growing confidence in the oil and gas industry.
A swathe of new data from a £20million UK Government-funded seismic programme is expected to encourage oil and gas exploration in the North Sea.
The UK Government has set its sights on private sector employment practices in a move expected to have huge implications for the North Sea oil and gas industry.
Oil firm Apache has completed the sale of key UK North Sea infrastucture in a £100million-plus deal.
Craig International and Well-Centric both announced contracts with UK North Sea newcomer Chrysaor yesterday.
Parkmead Group is looking beyond traditional oil and gas activities for new acquisition opportunities, chief executive Tom Cross has revealed.
Energy service firm Reactive Downhole Tools, of Aberdeen, announced yesterday it had recently completed six North Sea projects worth a total of more than £500,000.
Petrochemical giant Ineos has completed its £1billion deal to buy the oil and gas interests of Denmark’s Dong Energy.
Oil and gas support services company Asco Group narrowed losses during 2016 despite facing “extremely aggressive” competition in the market.
Erwin Kooij: Peterson has delivered a positive performance in what continues to be a challenging time for the energy sector’
Peterson Offshore Group said yesterday its Aberdeen-based UK businesses made a major contribution to a profits during 2016.
The Oil and Gas Authority (OGA) has published more than 400 new “recovery factor benchmarks” for oil and gas fields in the UK North Sea.
A new North Sea oil and gas industry databank may help to stop another Piper Alpha catastrophe happening, the man who led the inquiry into the disaster said today.
Oil giant BP is selling one of its oldest and grandest assets – its Greenridge mansion house in Cults, Aberdeen, is on the market.
About 200 more new jobs are being created in the UK North Sea in the latest in a string of morale boosting developments in the offshore oil and gas industry.
Hundreds of Aberdeen-based workers in the offshore operations of industrial services giant Cape are poised become part of French group Altrad in September after the two firms agreed a £332million-plus takeover.
North Sea helicopter operator CHC said yesterday it was in robust shape to face the future after shedding more than £230million in annual costs and slashing debt.
Watch a timelapse of the jacket load-out for Maersk Oil’s £3billion Culzean gas project.
Mariner’s job creation is a further boost for the North Sea after a flurry of recruitment announcements by the oil and gas industry.
Energy service firm Bilfinger Salamis UK (BSUK) has revealed plans to create up to 300 new jobs in yet another major boost for the UK North Sea oil and gas industry.