UK government to unveil clean power action plan
The UK government announced it will set out an action plan for achieving its target of at least 95% clean power by 2030 on December 13.
Serica snaps up Parkmead North Sea assets for £14m
The "great" deal for Serica marks the end of Parkmead's long North Sea run
Canada’s Connaught sells out of UK gas field to bullish Reabold
Reabold Resources (AIM:RBD) has bought out its partner in Rathlin Energy, the operator of an onshore gas development in East Yorkshire.
Durham clean power technology H2CHP raises over £2m
Investors alongside Scotland-based syndicate Tricapital Angels means the clean power technology will be developed in Durham, Edinburgh and Aberdeen.
Wood and Costain celebrate ‘monumental’ £4bn Teesside CCS bonanza
UK firms Costain Group (LON:COST) and Wood (LON:WG) have hailed the "monumental" projects starting after two landmark carbon capture and storage (CCS) projects in the North East of England got support to go ahead Tuesday.
Aberdeenshire’s Stats Group opens up in Saudi Arabia
Stats Group has invested six figures in a new base in Saudi Arabia, marking a strategic milestone in the company's global growth.
SSE, Siemens Energy partner on UK hydrogen power acceleration
SSE (LON:SSE) and Siemens Energy (FWB:ENR) have launched a new collaboration, Mission H2 Power, aimed at developing gas turbine technology capable of running on 100% hydrogen.
Time To ACT tests ‘breakthrough’ generator at Blyth
Engineering technology group Time To ACT (TTA: AQSE) is testing a "breakthough" generator design which it says is causing the "highest level of excitement" in the offshore wind industry.
Centrica on track for full year despite storage business loss
British Gas owner Centrica (LON:CSA) is on track to meet full year expectations despite predicting a loss at its storage business which includes the UK's strategic North Sea gas store, Rough.
Star Capital backs Aberdeen-based STR in multi-million pound deal
Private equity firm Star Capital has taken a majority stake in Aberdeen-based Subsea Technology and Rentals (STR) in a multi-million pound deal.
Proserv wins further cable monitoring deal at Dogger Bank
Aberdeen's Proserv has secured a deal to provide its "game-changing" cable monitoring system on the next phase of what is set to be the world's biggest offshore wind farm.
Aberdeen’s Marex delivers marine emergency response plan in Qatar
Aberdeen risk management firm Marex has successfully completed its first major project in Qatar on how to respond to a major marine emergency.
Regulator hails ‘relentless’ £300m investment in North Sea tech
A vibrating hammer that clears stuck objects from wellbores; a “storm choke” for reactivating shut-in wells; an energy “pod” which delivers power to smaller, unmanned platforms with wind, solar and battery storage.
Wood signs trio of new agreements with old customer BP
Energy services firm Wood (LON:WG) confirmed is has won three new contracts with BP (LON:BP), extending a decades-long relationship between the two firms.
‘Anger’ over Scottish budget plan to raid ScotWind windfall
Scotland's finance minister has been warned against raiding a windfall gained through sale of renewables licenses and has been urged to reinvest it in the energy transition.
Aberdeen’s OEG seeking up to £100m in acquisitions a year
Aberdeen's OEG Energy Group has bought up 14 businesses in the last four years and boss John Heiton aims to maintain the pace.
Sarens PSG creates 25 jobs with Aberdeen ‘centre of excellence’
The heavy lift company has credited establishment of GB Energy for its Granite city move
Aberdeen-based pioneers Proserv and Verlume power up partnership
Two pioneering technology firms from Aberdeen are combining forces to serve subsea energy producers, particularly those looking to extend the life of offshore oil and gas assets.
Suntory unveils hydrogen-powered whisky first in Aberdeenshire
Global drinks giant Suntory (TOKYO:STBYF) has claimed a world first using hydrogen to make low carbon whisky.
Scottish ports prepare for delayed wave of billions of inward investment
Scottish ports are preparing to be hit by waves of investment worth billions of pounds as the UK continues to chase targets to reach net zero energy production.
Serica relief as North Sea tax regime offers ‘opportunities’
Independent North Sea producer Serica Energy (AIM: SQZ) welcomed changes made to the UK's offshore oil and gas tax regime in its most recent update.
Parkmead confirms ‘discussions’ over sale of North Sea assets
Parkmead Group (AIM:PMG) boss Tom Cross confirmed he is "in discussions" over the sale of the firm's North Sea assets as the energy group turns its focus to renewables and international markets.
Transporting ‘super turbines’ to rural areas is no mean feat
Onshore windfarms continue to be a key source for Scotland’s renewable energy generation.
Dozens evacuated from Harbour North Sea rig
Harbour Energy (LON:HBR) has had over 50 personnel evacuated from a rig operating in the J-area after it was hit by a nearby supply vessel.
Liquified natural gas is now a critical component of energy security
The COP29 meeting in Baku reinforced that the world is rapidly running out of time to avert catastrophic climate change unless transformative action is taken.