Oil patch job losses grow at slower rate in north-east
People claiming benefits in the north-east rose more than 50% in the last quarter although growth in the number of job seekers has “levelled” since the start of the oil price crash.
Oil downturn sends two Aberdeen hotels into administration
Two Aberdeen hotels controlled by the former owners of the Albyn Bar have followed its collapse into administration as the oil and gas downturn continues to take its toll.
Decom body adds eight board members
The board of Decom North Sea (DNS) has welcomed eight new board members.
Total’s Laggan-Tormore scoops most innovative award
Total's Laggan-Tormore development has scooped an award for ‘Excellence in Project Innovation’ at an awards ceremony in Bangkok.
North Sea firms claim back £2million from tax man
Aberdeen oil and gas companies have clawed back up to £2million from the tax man for research and development (R&D) since the downturn, a firm has claimed.
UK needs decommissioning tax breaks
A law firm has backed calls for the UK government to uphold its budget promises to deliver decommissioning tax breaks in the North Sea.
Forth Ports targets decommissioning with £10million facility in Dundee
The Port of Dundee is pressing ahead with plans to grasp opportunities in the North Sea decommissioning market with the establishment of a £10million waste management facility.
Growing confidence in the oil field – is the worst over?
A new report on the oil and gas industry has said the worst is “perhaps” over as it highlights ways large companies in the sector can take advantage of “green shoots of recovery”.
Siccar Point’s $1billion North Sea deal with OMV
A North Sea newcomer made its second move into the basin, snapping up the UK division of OMV in a deal worth up to $1billion (£805.5million).
Support oil and gas like aviation and automotive industries, business secretary urged
UK business secretary Greg Clark has been urged to put the oil and gas supply chain “at the heart” of strategies for future Government investment plans, and secure the status of EU nationals working within the industry.
Offshore wind farms among north-east projects set for £5bn investment
A tally of investment projects in north-east has highlighted that the region will get an injection of £5billion in coming years and that it is "open for business".
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.