Chief Secretary to the Treasury Danny Alexander yesterday further defended the government’s “oil exploration tax”, claiming profitable companies operating in the North Sea needed to pay a fair amount of tax. Watch our video interview here.
Aberdeen-based Specialist Subsea Services (S3) has agreed a three year ROV charter with EDT Offshore in a deal worth up to £7million.
An Aberdeen-based well engineering company has secured a "significant" contract within 18 months of launching.
A Granite City occupational health firm has been bought by a global employee health services provider in a multimillion-pound deal.
Asset integrity firm XPD8 Solutions has secured three contracts worth a combined £4million for work in the North Sea and Africa and boosted its senior management team.
Wood Group has opened a 16,000sq ft training facility in Texas to provide health, safety and environmental training for Eagle Ford Shale workers.
The energy sector is increasingly vulnerable to cyber attacks and hacking because of the widespread adoption of internet-based control systems, a risk specialist has warned.
Major North Sea operators are looking to the Highlands to meet overcapacity in Aberdeen, industry campaigners have claimed.
Offshore accommodation provider Prosafe said it is set to strike a deal to lease a support vessel in Norway in a deal worth up to £287million.
Most offshore workers are in it for the money. But a surprisingly large number of them think Norwegian-style shift rotation is the most important factor when choosing where to work, according to a new survey.
Young people are among the strongest supporters of offshore wind while the majority are against fracking, a poll has shown.
Gresham Capital has sold its majority stake in Aberdeen’s ICR Integrity in a deal thought to be worth up to £60million including debt.
Economists have called on the Chancellor of the Exchequer to incentivise investment in the North Sea as well as to provide other corporate tax breaks in next week’s Budget in order to support Scotland’s economic recovery.
Frontier fields in the Barents Sea and west of Shetland are providing “exciting opportunities” for offshore oil services company Subsea7, the firm has claimed.
A plan to gasify coal under the North Sea could revive the area’s fortunes if a new process to extract further fossil fuels in the basin is used, a company has claimed.
A Highland firm has won a £100,000 contract to supply print management services to a subsea training firm.
Power jet cleaning business Sureclean has been snapped up by an American industrial services group for an undisclosed amount.
Two Russian oligarchs behind TNK-BP have emerged as front runners to buy North Sea assets owned by RWE Dea.
Just four years after it was founded, Apollo Offshore Engineering expects to expand its workforce 500% over the next five years as it plans to open an office in Singapore.
Westminster will seek to renegotiate renewable-energy targets and increase UK reliance on nuclear power instead if Scotland votes for independence, the UK energy minister said yesterday.
Mechanical engineering group Enermech has opened a base in Mexico as part of a £2.4million investment in Latin America.
Lubbers Transport Group (LTG) has signed a contract worth £3million with Centrica Energy’s exploration & production business.
Energy services firm Senergy has revealed profit growth got back on track in the year it agreed to its acquisition by venerable shipping insurance group Lloyds Register.
The oil and gas industry gave the hotel industry a boost across Scotland in November as occupancy levels north of the border were the highest in the UK outside London, new figures show.
Raising £21million was hard, but it's about to get even harder for Warrego's founders as they chase a further £300million to develop an Australian gas field.
