Aberdeen harbour expansion delay for consents and funding
Aberdeen Harbour Board has delayed taking a final decision on its ambitious £415million expansion into Nigg Bay as it awaits consents and further funding.
Trump’s Scottish golf course bucks oil downturn – but remains £1m in the red
US presidential hopeful Donald Trump’s golf resort in the north-east of Scotland grew sales last year despite the oil and gas downturn - but was still ended up £1million in the red.
North Sea millionaires team up for Bagpuss
Two well known oil and gas entrepreneurs are planning to make a return to the North Sea.
CMS leads three way law merger
Law firm CMS has led a three-way merger with rival city firms to create the UK’s sixth largest law practice.
RGU teams up with Intertek for £50k oil and gas “big data” project
Quality assurance giant Intertek will team up researchers at Robert Gordon University (RGU) to help oil and gas companies make the most of “big data”.
‘Game changer’ software saves Nexen £6.5million
A spin out from Robert Gordon University (RGU) has helped a major North Sea operator save £6.5million with its fledgling software.
Proserv books £4million loss but hails “considerable financial resources”
Oilfield services group Proserv measured the effects of the oil price downturn as it revealed a slump in revenues and profits in its most recent financial accounts.
Now open: entries for Offshore Achievement awards 2017
Following its launch during last month’s Intelligent Energy event, entries have opened today for the 2017 Offshore Achievement Awards.
Liberty steel aims to melt down North Sea oil rigs in Scotland
Liberty House, the company hailed as the rescuer of Scotland’s steel industry, is targeting the decommissioning of North Sea oil rigs in a plan that could create hundreds of jobs.
Rentair takes over at ATR Power Solutions
A division of oil and gas firm ATR has moved to a new location following its merger with rival Centurion group earlier this year.
Peterson “robust” despite slump in charter revenues
Energy logistics firm Peterson Offshore Group has hailed its “robust” performance and rising number of employees in Aberdeen last year despite slump in turnover and profits.
Ecosse to build £3million carousel for offshore wind cables
An Aberdeen subsea engineering firm has won a £3million contract to design and build a 1,500-ton carousel for use in the offshore wind industry.
Xcite agreed bonds deal
Xcite Energy enjoyed a small share price recovery after it agreed a deal with owners of its £100million debt pile.
Aberdeen firms collapse as oil price turmoil continues
Two north-east firms reliant on income from the oil and gas industry have collapsed with the loss of 37 jobs.
Sir Ian Wood: don’t be complacent as oil price recovers
Oil and gas billionaire Sir Ian Wood said the north-east has "woken up" to the challenge of transforming the region's economy.
World first decom degree launches in Aberdeen
The UK’s first masters degree in decommissioning oil rigs and platforms has been launched by the University of Aberdeen in partnership with Robert Gordon University (RGU).
Vattenfall buys “most powerful turbines” for controversial Aberdeen wind farm
Vattenfall has placed an order for 11 of the world’s most powerful wind turbines for the controversial European Offshore Wind Deployment Centre (EOWDC) to be located offshore Aberdeen.
BP boss reveals North Sea investment and exploration plans
The boss of North Sea giant BP yesterday pledged to continue investment and exploration in the region but warned that “the worse may not be behind us yet”.
Union calls for urgent action to save North Sea jobs
A Scottish trade union called for “urgent government action” to protect jobs in the North Sea in the wake of a report which revealed plummeting investment in the region.
Flagging investment risks leaving 1 billion barrels of oil beneath North Sea
Up to a billion barrels of North Sea oil are at risk of being left in the ground as the downturn makes undeveloped fields “unviable”, a new report has revealed.
Cash hemorrhage risks further North Sea job cuts
North Sea operators have been have been losing money for the past four years - since before the oil price crash, according to the annual economic report for 2016 by trade body Oil and Gas UK (OGUK).
Oil and Gas UK looks for relief on decommissioning tax
Investment in the North Sea could be boosted if “constructive work” on decommissioning tax relief is aimed at enabling the sale of older assets to take place.
North Sea: facts and figures
Some highlights of the Oil and Gas UK Economic Report 2016:
Opinion: Still significant challenges for the North Sea
With oil prices continuing to hover below $50 a barrel, the release today of Oil & Gas UK’s 2016 Economic Report, has served to remind us of the significant challenges currently facing the UK North Sea.
North-east firms boosted by “cosmopolitanism” of oil sector, but more diversity needed
Increasing the diversity of workplaces in the north-east will be top of the agenda at a conference coming up next month.