P&J Energy Website

North Sea disappoints again for Talisman

Oil and gas operator Talisman announced a 29% slump in its North Sea production in first quarter results today.

BP shares among biggest fallers after profits drop

Banks led a rally on London’s leading shares index today after Lloyds Banking Group’s first quarter trading update cheered investors.

BP first quarter profits are lower than expected

BP today posted a larger-than-expected fall in profits as the oil giant continues to feel the impact of the US Gulf of Mexico disaster.

Scots sector’s exports worth £7.6bn – SCDI

Scottish oil and gas service firms have increased exports to £7.6billion, a new report said yesterday.

£6million of reservoir testing contracts for Expro

Aberdeen-based oilfield service firm Expro said today it had won £6.15million worth of new contracts in Brazil and the North Sea.

Production starts on Bacchus

Production has started on the Apache-operated Bachhus development in the central North Sea, it was announced today.

New generation oil firms’ view of North Sea

Oil and gas industry leaders will gather in Aberdeen on Thursday morning to hear from a “new generation” of companies and the opportunities they see in the North Sea.

Balmoral expects new kit to create 50 jobs

Balmoral Offshore Engineering, the Aberdeen-based deepwater buoyancy, insulation and elastomer product specialist, is planning to add a further 50 people to its workforce after introducing two products to its drill riser buoyancy portfolio at OTC.

Centrica completes £936m deal

Scottish Gas owner Centrica said yesterday it had completed its £936million deal with Statoil Petroleum to acquire a package of producing and development oil and gas assets in the Norwegian sector of the North Sea.

Subsea 7 recruiting engineers

Subsea 7, which is involved in seabed-to-surface engineering, construction and services to the offshore energy industry, is looking to employ more than 200 engineers across the globe.

News from OTC - Houston

• EnerMech earmarks £40million for US expansion
  Mechanical engineering group EnerMech revealed yesterday it had allocated more than £40million for expansion in the US, as it sought to replicate big growth in Europe and the eastern hemisphere.

• OTC: it all starts with cocktails
• New software product makes debut
• Asco lands MWCC award
• Importance of decommissioning
• Carbon duo on fact-finding mission

Renewables/Other Energy

• ETI puts out call for carbon capture monitoring system

• Is it a bird? A Plane? No, its a floating turbine!
• North Sea workers urged to get on their bikes and pedal
• Crown Estate extends marine energy leasing areas
• Need for serious policy debate
• More than 200 attend renewables showcase
• Cameron’s vision of North Sea ‘energy revolution’
• Salmond under fire over Trump and Murdoch dealings

Opinion

Jeremy Cresswell

Let’s rip off graduates

Colin Welsh

OTC: it all starts with cocktails

Market info

• Wood Group unit wins £61million Australia deal

• Faroe Petroleum and Parkmead Group shares rise
• Faroe bosses’ pay boost
• Cairn Energy and Wood Group shares among risers, Premier falls
• Strong order book at Technip
• Shell and Weir among biggest Footsie risers
• Enquest to up stake in Kraken
• Premier Oil shares up but BP and Petrofac among fallers

Oil & Gas

• Proserv taking control of unit

• Cheviot win for GE Oil and Gas
• Four rigs on one block – a UK first?
• Technip’s latest Mad Dog success
• Elgin field needs Total fix as Hod geology sets a massive challenge
• ConocoPhillips contract for Skandi Skolten
• Aker bags $1.9million rig order
• Arctic beckons massive investment, but there are major concerns