Tech firm shrugs off loss of deal with Shell
A technology company that started as a spin-out from Aberdeen University yesterday revealed a widening of half year losses after losing a major contract with Shell.
A technology company that started as a spin-out from Aberdeen University yesterday revealed a widening of half year losses after losing a major contract with Shell.
The UK oil and gas industry may be gripped by a downturn but a lot of positivity has emerged from the two-day conference organised by trade body Oil & Gas UK (OGUK) in Aberdeen.
The organisers of an oil and gas trade show in Stavanger are expecting a slight decline in the number of attendees at the biannual event this year due to the effects of the low oil price.
Representatives of the UK's beleaguered subsea industry are taking their plight to Westminster tomorrow to urge policy makers to do everything they can to protect the sector.
Bibby Offshore has splashed out a seven-figure sum on a new 800-ton carousel that marks a move into the offshore wind array cable installation market.
Billionaire Sir Ian Wood said the beleaguered oil and gas sector was beginning to show slight signs of recovery.
Almost the whole of the UK’s subsea industry has been hit by the collapse in oil prices, as 90% of companies say sales have decreased in the last 18 months, a new survey has found.
Oil giant Shell has marked its entire North Sea portfolio as part of its “cash engines” business - one of the three main areas of focus for the firm in coming years.
Categories for this year's glittering awards ceremony have been revamped and are better than ever.
The Press and Journal’s Gold Awards, in association with Aberdeen Asset Management, are back and better than ever.
A visit by ministers to Aberdeen yesterday was welcomed as a “strong signal” that the Scottish Government was “open for listening” to the region’s oil and gas industry.
It could have been much worse for Maersk Oil.
A highly respected Scottish economist expects oil and gas to remain Scotland’s fastest growing industrial sector despite the collapse in commodity prices wreaking doom and gloom in the industry.
An Aberdeen based subsea services firm has said it has the strength to endure a prolonged oil and gas downturn despite seeing its income more than halved last year.
The chairman of Ithaca Energy is set to step down ahead of the firm achieving first oil from its flagship North Sea field.
Paul Goodfellow, Shell’s Vice President for UK & Ireland, has said that despite the “tough message” he had to deliver yesterday to staff in Aberdeen, he saw green shoots of sustainable change emerging in the North Sea.
There is no simple panacea for solving rock bottom levels of exploration in the North Sea, according to industry veteran Phil Kirk.
Councillors in North Yorkshire have given the green light to the first fracking operation in the UK for five years.
Entries have opened for the Press and Journal’s second annual Gold Awards.
This year the Gold Awards in association with Aberdeen Asset Management presents eight awards categories. These are:
Scottish Enterprise has issued a 10-point plan to help oil and gas firms mitigate the impact of job cuts in the wake of the oil price crash.
Trade body Oil & Gas UK (OGUK) us seeking data experts to help the industry make sense of one of the world’s largest collections of subsurface oil information.
Two energy giants have distanced themselves from rumours of another $17billion mega-merger as the low oil price environment creates a febrile environment for takeover speculation.
A north-east house builder has revealed plans to cut more than 20 jobs as it faces a decline in sales.
A north-east university has teamed up with an oil and gas data specialist to launch a new course as demand for information management grows despite the decline in oil prices.