Saipem and Subsea7 unveil €20bn merger plan
Investors behind two of the largest oil field services firms have announced plans to create a new "global leader" in energy services.
Irish Sea EnergyPathways on track for ‘cornerstone’ investor
EnergyPathways (AIM: EPP) has announced progress on its flagship gas production and storage scheme in the Irish Sea as it closes in on an investor to back the development.
Petrofac ups restructuring plan target to $355m
Petrofac (LON: PFC) has unveiled plans to raise $355 million (£280m) in funding as part of a rescue deal that will further reduce shareholder allocation.
Trial turns Scottish paper mill carbon emissions into detergent
Carbon dioxide from the UPM-owned mill is being captured using technology developed by Scottish tech start-up, CCU International (CCUI).
GB Energy puts interim CEO in place
The state-owned Great British Energy has put an interim chief executive in place as it continues its search for a permanent leader.
Who are the big winners at Subsea Expo awards?
Companies from across the UK triumphed at the Subsea Expo Awards in Aberdeen, reflecting the reach of the country’s "blue economy" which is worth £9.2 billion annually.
‘We still have hope’ says US state trade representative
A state-level trade body boss says he "still has hope" for the US offshore wind and renewable energy industry despite project cancellations in the wake of the Trump presidency.
Investment slump in offshore wind has a ‘silver lining’ – Rystad
Plans for investment in offshore wind have been dealt a number of blows but this offers a "silver lining" to the industry, an analyst has highlighted at a conference in Aberdeen.
New well at BP’s giant UK oilfield ‘exceeds expectations’
Energy giant BP continues to ramp up its newest facility in the North Sea, with production from its latest well “exceeding expectations”.
PX Group wins ‘landmark’ Teesside biomass contract
Saltend Chemicals Park-owner PX Group has been awarded an operations and maintenance (O&M) contract for the Tees Renewable Energy Plant (Tees REP).
Evero pushes ahead with BECCS in Ince and Mersey
UK-based Evero Energy, which specialises in waste-wood-to-energy and bioenergy with carbon capture and storage (BECCS), has hailed its "strongest quarter to date" for energy production as it targets involvement in the HyNet decarbonisation cluster in the North West of England.
North Sea catering pioneer Entier sells out to Aramark
North Sea catering firm Entier has been acquired by US food services giant Aramark (NYSE: ARMK) for an undisclosed sum.
Orkney lands £5m for Scapa Flow hub
The largest natural harbour in the northern hemisphere has been awarded £5 million from the Scottish Government to help develop a “landmark” green energy project on Orkney.
BP boss confirms ‘new direction’ on 2024 profit slump
BP (LON: BP) chief executive Murray Auchincloss has vowed to reveal a "new direction" for the energy giant as investors seek "transformative" change.
Drax biomass subsidy halved
Drax £2 billion BECCS plan has to await further support from the government.
Aberdeen conference to lay the foundations for Scotland’s energy future
There is no doubt about it, this is an exciting time to be involved in the energy industry.
North Sea risks losing grasp of ‘transient’ workforce
The transition to renewable and clean energy needs to speed up this year or risk losing the "transient " workforce in the North Sea, a business adviser has warned.
Energy Voices: why carbon capture matters at Morecambe
Spirit Energy has concrete plans for enabling a new zero energy system.
SSE on track despite stormy weather
SSE (LON: SSE) has upped its energy production across its portfolio of wind, gas and coal power through the most recent quarter.
Aberdeen wins on even a fraction of the floating offshore wind prize
Martin Suttie, chairman of First Tech Group, says the floating offshore wind challenge is 'like putting the Eiffel Tower in the North Sea with a sail'
Starmer faces rising MP backlash over support for Rosebank
UK Prime Minister Keir Starmer is facing mounting pressure from MPs over plans to potentially support the controversial North Sea Rosebank oil development.
Aberdeen’s Centurion confirms $100m acquisition ‘firepower’ fund
Aberdeen-based Centurion Group revealed it has $100 million (£81m) to spend on continuing its acquisition streak this year after a consortium of lenders boosted its credit facilities.
Serica seeks sanctions waiver extension from trade war Trump
North Sea independent Serica Energy (AIM: SQZ) has applied to extend a license exempting it from potential United States sanctions on its stake in the Rhum field.
1,900 Stork UK workers now at Altrad as deal completes
French industrial giant Altrad as completed a deal to buy Aberdeen-based Stork UK which means 1,900 workers now have new employers.
North Sea ruling branded ‘fudgement’ as Rosebank and Jackdaw live on
North Sea supporters have claimed a win despite a landmark court ruling found two major oil and gas developments were "unlawful".