UK offshore oil and gas industry pessimistic
The Q3 2014 Oil & Gas UK Business Sentiment Index published today (October 30) shows that optimism in the sector continues to decline with a drop from two points above zero on the -50 to +50 index to seven points below zero.
Diesel engine specialist grows with latest key appointment
An Aberdeen-based specialist oil and gas services company has made a key appointment amid continuing growth.
Churchill Launches HyPR™ - world’s first Hydraulic Pipe Recovery Tool
Churchill Drilling Tools, the provider of innovative dart activated drilling tools, has launchedthe revolutionary HyPR™ (Hydraulic Pipe Recovery) system for the rapid and cost-effective recovery of stuck pipe.
Oil & Gas UK-Oil & Gas UK comments on Government’s response to offshore helicopter safety report
The Transport Select Committee published its report on offshore helicopter safety in July. Oil & Gas UK Chief Executive Malcolm Webb responded in a letter to the Committee report at the time. Today (October 27), the Government published its response to the Transport Select Committee Report alongside comments from Malcolm Webb’s letter.
GDF Suez E&P launches flagship Aberdeen office and art scholarships
GDF Suez E&P UK Limited today opened a new flagship Aberdeen office and announced a significant inestment of over £20,000 in local art projects.
EnQuest selects Technip for a large subsea contract
Technip was awarded by EnQuest earlier this year a large engineering, procurement, installation and construction (EPCI) contract for the Kraken development located in the North Sea, 400 kilometers North-East of Aberdeen and 130 kilometers East of Shetland, at a water depth of approximately 120 meters
China to invest £43 billion in UK energy in next decade, says new report
Chinese investment in the UK energy sector could exceed £43 billion in the next decade, reveals a report published today by legal firm Pinsent Masons and the Centre of Economic and Business Research (Cebr).