Devex starts wait list after 300 free places snapped up
An oil and gas conference in Aberdeen has started a waiting list after 300 delegates took organisers up on an offer of a free place.
Aberdeen office demand picks up
An Aberdeen property professional has called the bottom of the market after demand for offices in the Granite city grew strongly in the second half of 2016.
Optimism as airport sees passenger drop slow down
The lowest decline in passenger numbers in nearly two years was hailed as a “fantastic start to the year” by Aberdeen Airport bosses.
North Sea on crest of “third wave of evolution”
North Sea oil and gas is on the crest of a “third wave” in its evolution following a series of major deals worth more than $6billion (£4.8billion), energy professionals have claimed.
Axiom snapped up by NOV
An Aberdeen drilling technology firm has been snapped up by National Oilwell Varco (NOV) for an undisclosed sum.
ABB in UK fraud probe
The UK business of Swiss engineering giant ABB has been roped into an investigation over an international oil bribery scandal after submitting a report to authorities.
Sabre saved by private equity-backed Starn Energy
A collapsed company specialising in breathing systems for oil and gas workers has been rescued out of administration.
Video: First minister unveils £5m decommissioning fund
A £5million decommissioning fund unveiled by First Minister Nicola Sturgeon in Aberdeen yesterday will be targeted at ports looking to cash in on dismantling the topsides of North Sea platforms.
Administrators called in for Aberdeenshire wind turbines
Investors behind two wind turbines in Aberdeenshire have lost out after the companies behind them were put into administration.
North Sea risks recovery at ‘bottom end’ of estimates
The North Sea industry is currently on track to recover only the “bottom end” of its remaining oil and gas reserves despite making some progress on improving its methods of operating.
Fear for future as Peterhead power station put under review
The future of Peterhead’s power station is under threat after SSE announced a review.
Verus banks $150million lending facility
An independent oil and gas firm has raised £120million in a fresh lending package with a South African bank as it completes a deal to buy up North Sea assets
Jeremy Cresswell: Chrysaor, Shell deal shows there’s life in the North Sea yet
A terrific deal!
EnQuest swaps cash for more loans to retail investors
North Sea oil producer EnQuest saw its shares slump more than 6% after it revealed plans to raise an additional £5.4million in loan notes instead of paying its lenders interest in cash next month.
North Sea firms invited to growth funding event
Local politicians have urged north-east companies to attend an event presenting funding opportunities for oil and gas companies set on expansion.
Kirsty Blackman: assisting North Sea firms to achieve growth
During my time as an MP, the oil and gas market has been incredibly challenging for service companies and operators working in the industry. When I was first elected in May 2015 the oil price was around $62 a barrel, then dropped to around $30 before rising back up to $52. The quick and sudden decline from the $100-a-barrel 2014 rates has really dented confidence and I know it has left some companies struggling to find capital finance.
Airbus pledges to rebuild North Sea confidence in Super Puma
The boss of troubled Super Puma maker Airbus has insisted that the helicopter has an important role to play in the future of the North Sea.
Ashtead forecasts improved trading after acquisition boost
Ashtead Technology is forecasting improved trading this year after a “solid” performance in a weakened market in 2016.
Business confidence lowest amongst North Sea bosses, research finds
Confidence amongst senior oil and gas bosses for this year has stopped falling although the North Sea is where optimism is at the lowest ebb, new research has revealed.
Xodus wins contract for new wells in North Sea
Oil giant Apache has awarded a contract to an Aberdeen energy engineering consultancy for two new wells on existing North Sea fields.
Green bank may be floated
A controversial plan to sell off the Green Investment Bank (GIB) to an Australian investor may be scrapped in favour of a £3.8billion stock market flotation, it has been reported.
Greg Clark set to scrap sale of UK’s Green Investment Bank
A controversial plan to sell off the Green Investment Bank (GIB) to an Australian investor may be scrapped in favour of a £3.8billion stock market flotation, it has been reported.
UK government must “front up” on Peterhead CCS
The UK government will have to “front up” to support carbon capture and storage (CCS) as part of its industrial strategy, the Scottish Government has said.
Major subsea test centre planned as part of Scottish Government strategy
Plans to develop a major subsea test and demonstration facility and increase investment in technology were unveiled by Scottish Government in Aberdeen yesterday.
Enpro Subsea aims for “simpler, faster” oil field development
Enpro Subsea is focused on a £1.5million research and development project to deliver “simpler, faster subsea fields”.