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).

 

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