Achiltibuie welcomes one of first community-owned turbines in the Highlands
A remote Highland community has welcomed the benefits of blades turning on a new £1.8million wind turbine project.
Industry welcomes watchdog’s collaboration tool
A tool developed with industry to help North Sea oil and gas companies meet new, legal requirements for collaboration has been launched by the Oil and Gas Authority (OGA).
Chairman Langlands hails £620m sale of Exova as ‘good outcome’
Testing group Exova has agreed to be snapped up Element Materials Technology Group for £620.3million.
First Marine and Interocean launch moorings collaboration
A mooring specialist company owned by oil tycoon Ian Suttie has struck an alliance with Interocean Marine Services after it acquired £5million of offshore equipment.
Decipher lands North Sea Orlando deal
North Sea start-up Decipher Energy has confirmed a deal to buy up North Sea assets out of administration.
Bourbon Dolphin remembered 10 years after disaster
A marine disaster which caused the greatest loss of life in the North Sea since Piper Alpha has been remembered ten years after the Bourbon Dolphin capsised with the loss of eight lives.
PhD wins £90,000 support for microfluidics “lab on a chip” start-up
A University of Aberdeen graduate who has turned his PhD into a business idea has been awarded a prestigious Enterprise Fellowship by the Royal Society of Edinburgh.
NOV set to cut dozens of jobs in Angus
Oil services giant National Oilwell Varco (NOV) is cutting dozens of jobs in Montrose, in what has been described as a “massive blow” for the area.
Premier Oil forging ahead with North Sea Tolmount project
Premier Oil is pressing ahead with work on its £435million Tolmount project in the South North Sea
Saltire shrugs off £40million write down and invests in growth
The owner of an Aberdeen oil drilling equipment rental firm has pledged to continue investing in the business despite writing £43.2million off the value of its assets.
Pilot programme for redundant oil and gas leaders to be launched
A new entrepreneurship initiative to support senior oil and gas professionals who are either facing redundancy, or have been made redundant, is set to be launched in Aberdeen.
Fithandel in liquidation with 7 jobs lost
An Aberdeen-based company owned by a french multinational oil and gas piping specialist has been put into liquidation with the loss of seven jobs.
Work commencing on £2.6billion Beatrice wind farm energises north of Scotland
Offshore construction of the Beatrice wind farm has started, with developer SSE reporting the successful installation of the first foundation piles.
Piper Alpha lawyer joins new firm
A lawyer who came to prominence in the aftermath of the Piper Alpha disaster has returned to offering front line legal services.
SNC-Lavalin indicates £2billion bid for Atkins
WS Atkins shares surged more than 26% after it received a tentative takeover offer from Canadian engineering giant SNC-Lavalin which values the firm at £2billion.
Oil price more important than Brexit or Scotref
The price of a barrel of oil is more important to the health and performance of North Sea firms than either Brexit or another Scottish independence referendum, an audience in Aberdeen heard yesterday.
OGTC on track to unlock North Sea potential
Progress at the £180million Oil And Gas Technology Centre (OGTC) is continuing as key aspects of its efforts to unlock the potential of the UK North Sea are put into place.
RockRose continues North Sea spree
London-listed RockRose Energy has continued its North Sea buying spree with the acquisition of assets formerly owned by collapsed First Oil.
£1million to fully fund “risk averse” oil and gas projects
Two oil and gas innovation and research bodies are offering more than £1million to fully fund industry development projects with Scottish universities.
Ogic backs four new oil and gas tech projects
The body that connects oil and gas firms with university researchers have backed four new projects with £230,000 of funding.
Premier Oil gains £44million on final private lender “lock in”
Premier Oil enjoyed a near 16% boost to the value of its shares yesterday after it revealed a “lock in” of the last private lender to sign up to its long proposed refinancing.
CHC pays tribute to tragic helicopter pilot
Helicopter operator CHC has paid tribute to the Irish Coastguard pilot who has died as the result of a crash off the coast of County Mayo.
Scottish tidal energy firm wins regional Shell Springboard award
A Scottish marine energy company that has developed a tidal array off Shetland won £40,000 in a competition for companies with low-carbon energy projects.
Atlantic sells stake in North Sea Orlando for $1m
Faroe-based Atlantic Petroleum has struck a deal to sell its take in the North Sea Orlando licence to a former boss at First Oil for $1million (£822,300).
Markets welcome £11bn AAM and Standard Life mega-merger
Markets welcomed news of the £11billion mega-merger that will create an asset management “powerhouse” based in Scotland.