Art student takes the prize for oil industry awards trophy
A third year Gray’s School of Art student, Lauren McKenzie, has won a competition to design and produce the trophies for the 2017 Offshore Achievement Awards (OAAs), taking place in March.
Aberdeen harbour chief hails ‘important milestone’ for Nigg Bay project
The £415million Aberdeen harbour expansion project took another step towards fruition yesterday after the project received consent for dredging and construction.
Oil price rout prompts Aberdeen to slip down list of top UK cities
The oil price slump has caused Aberdeen to fall down a ranking of top cities to live and work in the UK.
Chevron achieves first gas from North Sea field
US oil major Chevron has commenced production on one of the oldest North Sea gas discoveries today in what has been hailed as a significant technological achievement creating hundreds of jobs in the UK.
Chevron pledges to share North Sea Alder learnings to help unlock small pools potential
Chevron has pledged to share some of the “learnings” of the Alder project with the wider industry to exploit small pools in the North Sea.
Cluff shares plunge after firm confirms £1.8m share issue
Shares in Cluff Natural Resources (CNR) slumped dramatically last night as it confirmed it raised £1.8million in a discounted share issue to fund its North Sea plans next year.
Faroe eyes tieback to Njord
Faroe Petroleum said it has taken a decision with its partners in the Pil & Bue discoveries on the Norwegian North Sea that its wells will be connected to Statoil’s nearby Njord platform.
Energy editor honoured at Oil and Gas UK awards
The Press and Journal’s long standing energy editor was handed a special award at a glittering ceremony hosted by the oil and gas industry’s leading trade body.
Sir Brian Souter splashed out on North Sea firm Ashtead Technology
Scottish bus and rail tycoon Brian Souter has emerged as a key investor in a North Sea firm alongside a Saudi investment bank.
ESS injects £3million in seabed trenching unit
A subsea engineering firm in Banchory is investing £3million to develop a faster seabed trenching tool.
Colombia comes calling in Aberdeen
A delegation from Colombia will arrive in Aberdeen today to take the first step in establishing a partnership with the local oil and gas supply chain.
Costain launches collaborative decom consortium
Engineering firm Costain is spearheading a consortium of North Sea firms to tackle the growing market for decommissioning.
50 shades of export opportunities launched for oil and gas industry
Scotland’s international trade agency has launched guides to 50 overseas markets as part of its efforts to support the oil and gas industry.
OGA hails small but “positive” 29th licensing round
The oil and gas watchdog hailed a “really positive” North Sea licensing round despite a much smaller number of companies applying for acreage this year.
Super Puma maker Airbus highlights rise in helicopter sales
The manufacturer of the ill-fated Super Puma reported a 20% drop in third quarter earnings although sales of helicopters rose.
“Big blow” as bondholders reject deal and liquidate Xcite Energy
Bondholders of the owner of a key North Sea field have rejected a restructuring plan and have moved to call in liquidators.
UK energy policy leaves investors scratching heads
The UK renewable energy sector has continued to lose its appeal in the eyes of investors, dropping to a new all-time low, a new report has revealed.
Aberdeen shop closures remain low despite oil downturn
More stores shut up shop in Scotland in the first half of the year as a result of rising costs and the pressures of trading online takes its toll, a report has found.
Shipping arrivals boost for Lerwick despite drop in oil and gas business
A diverse range of traffic meant that shipping arrivals rose at Lerwick Harbour despite oil and gas business dropping by more than a fifth.
Profits dip at Ledingham Chalmers after oil and gas impact
Profits dipped at Ledingham Chalmers as the Scottish law firm admitted it was "not immune" to economic difficulties including the oil and gas downturn.
Aberdeen SMEs to miss out on cash, after council failed to apply
Small and medium sized businesses in the north-east will get only 1% of a £25million European funding pot after local authorities did not apply to get the cash.
£800m Highland pumped storage hydro scheme on hold
Plans for an £800million power station in the Highlands remain on hold as the UK government delays decisions on energy policy in the wake of Brexit, it was claimed.
Offshore medical company teams up with CEGA
A healthcare and emergency support firm in Aberdeen has enjoyed a boost in turnover and struck an alliance with a global medical and security group.
Aberdeen’s Marine Flooring in liquidation
A small Aberdeen firm that specialised in installing flooring on oil rigs and supply boat decks has been put into liquidation with the loss of six jobs.
Angry shareholders not Xcited about bondholder wipe out
Almost 400 shareholders in Xcite Energy have signed a petition rejecting a bondholder bail out deal that will see their stakes in the North Sea firm almost wiped out.