Peak Well Systems has appointed seasoned oil and gas man Tim Williams as its new business development director, based in Aberdeen.
Talisman Energy has been in the North Sea for nearly two decades after it acquired Bow Valley Energy in 1994.
Industry body Oil & Gas UK said yesterday that business confidence had improved in the UK oil and gas sector but the overall picture remained fragile.
Energy research firm Wood Mackenzie's latest report has revealed the impact of the depressed economic conditions on activity in the UK's upstream oil and gas sector during 2009.
I am currently working and living in Sarajevo, the capital of Bosnia and Herzegovina. I had no gas in my apartment for four days when Gazprom/Russian Federation stopped supplies to Ukraine.
Oil companies Total, Chevron and StatoilHydro all showed the benefit of soaring oil and gas prices as they reported significantly higher second-quarter profits yesterday.
ITALIAN energy major Eni expects that it will cost at least $5billion to develop its Norwegian Barents Sea Goliat field, based on first oil around 2012.