£4billion in the balance: EnQuest CEO warns of impact of UK tax levy on investment
Another North Sea major has weighed in on the how the Energy Profits Levy will cause "irreversible damage to an indigenous and strategically important UK industry".
‘Stop giving us a reason not to be here’ – supply chain champion MDL
Like many entrepreneurial firms born in the rugged North Sea, MDL has made firm inroads into decommissioning and has set its sights on putting its subsea expertise into offshore wind, but now worries that the industry faces being driven out.
Archer teams up with Aberdeen’s Raptor to tackle global decom market
Aberdeen technology company Raptor Data has agreed a deal with drilling firm Archer to (OSLO: ARCH) target the well decommissioning market.
Talbot Green solar farm marks third planning approval for Windel this year
The Rhonda Cynon Taf local council has granted planning permission to Windel Energy and Recurrent Energy for their proposed 9.9MW solar farm, which will be connected to the Talbot Green substation at Ynysmaerdy, Wales.
We need port upgrades as fast as possible for offshore wind
Delays to port infrastructure upgrades will hamper the UK’s ability to bring forward offshore wind developments
Rumours GB Energy to be headquartered in Aberdeen reach fever pitch
Excitement reached new heights as reports suggested a decision had been reached on the location of the proposed state-backed energy firm – but government declined to confirm.
BBC to develop new factual drama about Piper Alpha disaster
State broadcaster BBC is developing a new factual drama about the Piper Alpha North Sea disaster.
British business group calls for taskforce to avoid ‘catastrophic harm’ to North Sea jobs and UK economy
British Chambers of Commerce (BCC) director general Shevaun Haviland warned that while the "imperative for net zero is ratcheting up daily", the UK needs a plan in place "as soon as possible"
‘Truly the best ONS ever’, Stavanger conference tops pre-pandemic numbers
Offshore Northern Seas (ONS), the Stavanger energy conference, has come to a close as it celebrates growth beyond pre-pandemic attendance figures.
Praise for ‘pragmatic’ Norway as Europe’s biggest gas producer at ONS
Norway's role supporting Europe through its energy crisis and cutting emissions in Africa and India was credited to its positive support for its oil and gas industry.
Aberdeen’s Verlume takes top SME gong at first ever awards dedicated to Scotland’s renewable energy supply chain
Scottish Renewables-backed awards showcase the cutting-edge excellence that drives Scotland’s world-leading renewables industry.
Ithaca reports “robust” half year but warns of “long-term damage”
Ithaca Energy (LON: ITH) has hailed "robust" cash flow but has warned about the "ongoing impact" of the UK government's oil and gas fiscal policies and the "long-term damage" they will cause.
UK energy supply chain companies warn “time is running out” to save jobs and investment
The 42 companies manufacturers, professional services and engineering companies employing tens of thousands have issued a joint letter to Sarah Jones, Minister of State for Industry and Decarbonisation.
Altrad bids for Norwegian oil and gas services firm Beerenberg
Altrad was founded in 1985 by billionaire "king of scaffolding" Mohed Altrad.
Greater Laggan Area wins life extension with new oil and gas licences
Kistos said the licensing would "extend the life of existing infrastructure and maximise economic output".
Wood Group boss said lossmaking half year is a “story of transformation”
Ken Gilmartin said Wood is "made up of some of the most brilliant, fantastic, creative, dedicated people on the planet".
i3 Energy confirms £174.1million bid from Gran Tierra
Canada and North Sea-focused i3 Energy (AIM:i3E) has confirmed it has received a £174.1million bid from a Canadian rival.
Wood Group unveils stinging $983million half year loss
Aberdeen's Wood Group (LON:WG) has revealed the hill it must climb as to turn around the business as it revealed total half year losses reaching nearly $1billion (£757m).
Labour government promises UK energy independence
New government, new policies and a thirst for energy independence, but what does this grandiose phrase mean? Independence from volatile international prices, from the UK’s “broken energy market” or from the tyranny of utilities? Labour is not suggesting a UK oil and gas sector renaissance; the country will instead become a clean energy superpower. But is this achievable and is it desirable?
National Grid apprentice conquers A-level results day nerves
Matthew Craker, 18, didn’t feel he would be the right fit for university but has found a way to support the shift to net zero with an apprenticeship.
Scotland books sharp drop in oil revenues and wider deficit
The annual Government Expenditure and Revenue Scotland (Gers) report confirm "windfall conditions no longer exist in the North Sea".
Aberdeenshire’s Ashtead Technology opens office in Stavanger
AIM-listed Ashtead Technology said it had plans to further expand its Norwegian team and service offering over the next year.
KCA Deutag ‘expected to remain’ in Aberdeenshire after H&P buyout
Analysts welcome positives of the US buyout of the UK-based drill rig firm which brings a beneficial market share in the Middle East.
Port of Aberdeen digs in for £4million shore electrification project
Port of Aberdeen has started work to enable vessels to plug into the grid for power instead of burning heavily-polluting marine fuel when they are berthed.
Campaigners against “fundamental” Aberdeen ETZ proposal lose appeal
Scotland’s highest court has ruled that the city council did not act unlawfully over proposals for the Energy Transition Zone in Aberdeen