OTC 2016: Sellers, don’t devalue your stock
Given the devastating effects of the worst downturn in the energy sector since 1986, it is no surprise that fewer people are on the shuttle from Aberdeen to Houston for OTC 2016.
OTC 2016: Industry giants call bottom of the market
As the oil price rally paused for breath yesterday, industry specialists are claiming that the market has bottomed out.
Operators shut down supply chain good news
A number of oil and gas operators have banned North Sea firms from confirming details of new contract wins in the wake of the oil price collapse.
Maersk presses ahead with Flyndre despite DSV debacle
North Sea operator Maersk has said its Flyndre development will forge ahead despite creditors terminating charters for two boats contracted to support the project.
CHC Helicopter back this year’s Energy Ball
The title sponsor of the Press and Journal Energy Ball is backing this year’s event to be another fantastic celebration of the vital oil and gas sector.
James Fisher and Sons wins nuclear plant contract
Marine service company James Fisher and Sons (JFS) won a £60million decommissioning contract on a nuclear plant in Dorset.
Shell expected to confirm today where North Sea HQ will be post BG takeover
Oil giant Shell is expected to tell staff in Aberdeen today that its North Sea headquarters will be based at Tullos in the wake of its takeover of rival BG Group.
Press and Journal’s Energy Ball to make triumphant return
The best night of the year’s social calendar has returned to celebrate the north-east’s still vibrant oil and gas sector.
Get set for Energy Ball 2016 spectactular
The best night of the year’s social calendar has returned to celebrate the north-east’s still vibrant oil and gas sector.
OGA awards Scots University £250,000 for North Sea exploration studies
The Oil and Gas Authority (OGA) has handed a Scottish university £250,000 for exploration studies in the North Sea.
Vattenfall strikes deal to sell German coal division
The developer of a controversial windfarm off the coast of Aberdeen has agreed a deal to sell its German coal division.
OGA considering Theddlethorpe’s future
The oil and gas watchdog has confirmed it is considering plans to allow the decommissioning of a key North Sea gas plant in Lincolnshire.
Shell’s UK boss says it will strike ‘innovative deals’ for its North Sea assets
Oil giant Shell is running the rule over the potential sale of north Sea assets - but it is too early since its mega-merger with rival BG Group to have decided on a sale process. But Paul Goodfellow, Shell’s upstream vice-president for the UK and Ireland, said the company may be looking at “innovative deals” like the sale of its Anasuria field.
Institute of Directors warns of tougher pay restrictions after Dudley vote
A business group has warned BP not to “shrug off” one of the largest shareholder revolts over executive pay in the UK.
‘Scotland’s companies must be alert for offshore revival’
A business group has urged firms to “plan ahead now for the recovery in oil prices” as its survey revealed mixed results on the Scottish economy.
Scottish government candidates grilled on offshore workers’ safety
The safety of offshore workers as the oil and gas industry makes deep cuts in costs was a hot topic at the hustings event in Aberdeen yesterday.
Fracking causes Scottish Lib Dem split
A split within the Liberal Democrats on fracking has been further exposed after former chief whip Mike Rumbles said he was in favour of lifting an SNP moratorium on the practice.
Schlumberger snaps up ADIL
An Aberdeen oil and gas consultancy has been snapped up by industrial giant Schlumberger for an undisclosed sum.
Saudi firm takes over Aberdeen-based subsea company
An Aberdeen-based subsea services company has been snapped up by investors including the Saudi-based investment bank of ten Arab countries.
Rovop makes loss after after Ceona collapse
An Aberdeen-based remote operated vehicle (ROV) specialist has booked a £3.8million hit to its bottom line after its major customer Ceona went into administration last year.
Norwegian freight firm shuts Aberdeen offices
A Norwegian freight firm has shut its offices in Aberdeen and established a partnership with another firm to run the services previously offered.
Shetland Facilities Management wins £10m BP contract
An independent facilities manager on Shetland has won a three year contact from oil major BP thought to be worth £10million.
Blowing in the wind: Brexit storm for renewables
The UK’s renewable energy industry could be harmed by Brexit with the loss of incentives to develop a low-carbon economy, legal experts have warned.
Hydro energy developer pledges to minimise impact of work in Scottish glen
A hydro energy developer has pledged to minimise the impact of work being undertaken in what many have called one the most beautiful glen in Scotland.
Geothermal well could heat AECC and homes
A pipe stretching nearly 1.2miles into the ground could deliver heating from the earth to the new Aberdeen Exhibition and Conference Centre (AECC) and nearby homes, a report has found.