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.
Centrica recruits 50 in upstream business as it seeks to maintain production
Centrica is looking to recruit 50 people in Aberdeen as looks to build a “sustainable” exploration and production (E&P) business in the North Sea and its wider European operations.
North Sea confidence “starting slowly to increase”
Confidence in the oil and gas industry is “starting to slowly increase” although Brexit may keep Scotland’s economic growth rates below-trend, according to a new report.
Young professionals impress OAA judges
Three young professionals have secured a place on the shortlist for the 2017 Offshore Achievement Awards (OAAs), following a rigorous interview process.
Premier to press on despite bondholder dissatisfaction
Premier Oil yesterday hailed support for a plan to restructure a $245million (£199million) tranche of its £2.3billion debt pile that would extend terms for a further five years.
M2 Subsea recruits finance boss
Fledgling remote intervention specialist M2 Subsea has recruited chartered accountant Stuart Bannerman as its chief financial officer.
Oil and gas boss appointed to run UK’s Nuclear Decommissioning Authority
Former North Sea oil boss David Peattie has been appointed the new chief executive of the Nuclear Decommissioning Authority (NDA).
UK Fracking: please don’t let me be “misunderstood”
Fracking for shale gas has become a cause celebre for a range of environmental campaigns in the past five years but Third Energy says the controversial technique is widely misunderstood.
Economic forecasts likely wrong, says Monetary Policy Committee member
A member of the Bank of England’s influential Monetary Policy Committee (MPC) has admitted that economic forecasts are always likely to be wrong.
First Subsea wins £multi-million offshore wind deal
A subsea company owned by North Sea entrepreneur Ian Suttie has won its first major UK renewables contract.
Shell’s Paul Goodfellow to move on after £3billion sale
There’s a handover of the helm underway at Shell’s UK Continental Shelf and Ireland business based out of Aberdeen.
CNR confirms plans to decommission Ninian North
A Canadian oil and gas company has confirmed it will press ahead with plans to decommission a platform on one of the North Sea’s oldest producing fields.
Gender pay gap ‘a live issue’
A well-known north-east entrepreneur has revealed she faced pay discrimination at the start of her career and that the gender gap is “still very much a live issue”.