Aberdeen’s MDL opens Paris office
Aberdeen's back deck specialist Maritime Developments Ltd (MDL) has set its sights on growing more business through Europe's EPIC subsea hub.
BP sets sail for fully-autonomous North Sea inspection
Ocean robotics operated remotely are enabling more people to stay safely onshore.
Aberdeenshire firm Elemental Energies seals Norwegian takeover
Deal is expected to boost north-east company's revenue by more than £50 million this year.
Now stop ignoring the energy industry, Prime Minister
Keir Starmer must now pay attention to the energy sector or risk the UK becoming a renewables backwater, writes Nick Dalgarno, Eastern Hemisphere managing director, energy & power, Piper Sandler.
UK energy industry “deeply concerned” as Labour wins landslide
Labour has pledged to establish a publicly-owned energy company in Scotland as well as extend the so-called windfall tax on oil and gas producers, scrap investment incentives and end new North Sea licences.
Aberdeen Science Centre seeks engineers for fairy tale skills course
The educational visitor attraction's skills events planned in September and February will bring engineering concepts to life for young learners using storytelling.
ZOEX wave energy “break-through” tested at Port of Aberdeen
A wave device promising affordable and reliable energy for customers from fish farmers to offshore wind installations has been demonstrated at the Port of Aberdeen.
Reshoring UK high voltage cable manufacturing vital for net zero success
Loss of UK cable manufacturing capacity in recent decades needs to be reversed in order address a looming global shortage of energy transmission infrastructure.
Gold standard not gold plated: How the UK’s approach to health and safety is changing the world
UK standards in health and safety underpin what makes North Sea goods and services attractive in other regions.
Ocean Winds hails impact of £3.5billion offshore wind investment in Scotland
A new report shows how "chasing the wind" is reaping benefits for companies across the supply chain in the north of Scotland and the UK.
French TotalEnergies sells West of Shetland assets to Prax
French firm TotalEnergies (PAR: TTE) has sold its oil and gas fields West of Shetland to Prax Group.
Serica looks outside North Sea in face of “potential future increases” in tax
North Sea oil and gas firm Serica Energy (LON: SQZ) warned it was "looking very actively overseas" for new opportunities as it faces "recent and potential future increases" in UK tax.
Oil and gas firms optimistic despite “existential threat”, DNV report says
Oil and gas companies are optimistic despite facing "unprecedented challenges", a new report has found.
GreenSpur wins funding for REE-free magnet tech development
Time To ACT (AQSE: TTA) has announced that its GreenSpur unit has been awarded €705,000 (£613,000) to support the development of a high-powered magnet free from rare earths that would be used in industrial applications. In particular, the magnet will be designed for use in wind turbine generators.
Wood contract for Centrica’s Rough storage to create 50 jobs
Centrica has awarded Aberdeen-headquartered Wood (LON: WG) a contract to redevelop it's Rough field in readiness for future hydrogen storage, creating 50 jobs.
Drax sells SME customer book to EDF
UK electricity generator Drax Group (LON: DRX) has sold a book of 90,000 small and medium (SME) business customers to French retail energy giant EDF.
Three60 Energy snaps up Aberdeen’s Samphire Subsea in £multi-million deal
Acquisitive Three60 Energy has acquired Aberdeen-based engineering firm Samphire Subsea to meet growing demand for work in decommissioning and floating offshore wind work in the future.
Scottish wind turbine company agrees exclusive deal with Ineos
A Scottish firm that has developed a wind turbine blade protection system has struck an exclusive deal to use an "ultra-tough" material produced by Ineos.
GB Energy takes the heat at Aberdeen hustings event
Calls for clarity over what kind of company GB Energy will be if Labour wins the next general election emerged at a hustings event in Aberdeen where the oil and gas industry was a major topic of debate.
Fitch deals fresh downgrade blow to Petrofac
Ratings agency Fitch has downgraded oilfield services giant Petrofac (LON: PFC) after it defaulted on an interest payment.
Longboat ‘mixed emotions’ as it sets sail from Norway
Shares in Longboat Energy (LON: LBE) enjoyed a fillip after the company said it would exit Norway.
Start-up companies at Net Zero Technology Centre win over £1million investment and prizes
A group of clean tech start-up companies backed by the Net Zero Technology Centre (NZTC) have attracted over £1million of funding including cash prizes from major oil and gas firms
Wood is ‘not for sale’
Aberdeen's Wood (LON: WG) is "not for sale" but has entered a period of diligence with a potential buyer, a senor executive of the engineering giant said.
Centre launched to advance geothermal energy in the UK
A centre aimed at supporting the development of geothermal energy in the UK has been officially launched.
Reabold hails “excellent economics” of gas field plan
Reabold Resources (LON: RBD) has hailed the "excellent economics" of a new plan and a regulatory green light for its onshore gas project at West Newton near Hull.