OGA sets aims to shave decom costs down to £39billion
Decommissioning the North Sea could cost an estimated £59.7billion but the Oil and Gas Authority (OGA) has set a goal of completing the work for less than £39billion.
Two North Sea start ups in two days as Cayley starts producing gas
A second new start-up in the UK North Sea in two days has boosted confidence in the offshore industry after Repsol Sinopec announced first gas from the Cayley field.
Rosneft hit by major cyber attack
Russian oil giant Rosneft, Danish conglomerate AP Moller-Maersk and WPP, the world's largest advertising company, were among companies and governments hit by hackers yesterday.
Opinion: Global Mobility – struggling to keep track?
We live in a fast-paced world, where geography is no longer a barrier to prompt and effective service delivery. Social media has heightened user expectations of instant communication and collaboration, and data is fuelling business insight.
Russian oil oligarch devours healthy food chain Holland & Barrett
Mikhail Fridman, the Russian billionaire who was forced to give up North Sea oil and gas assets, has snapped up health and food retailer Holland and Barrett (H&B) for £1.8billion.
Aberdeen HVAC firm celebrates success out of Africa
Aberdeen-based HVAC & Refrigeration Engineering (HVAC & R) hailed success out of Africa and other overseas markets yesterday.
JFD’s innovative new kit could be a lifesaver offshore
A new breed of lifeboat is expected to greatly improve the chances of survival of offshore divers in trouble.
Aberdeen firm Iqarus teams up with International SOS for new joint-venture
Iqarus, an Aberdeen firm specialising in healthcare services for the energy sector, has teamed up with global medical and travel security risk services company International SOS in a new joint venture.
Latest gauge of Scottish business shows oil and gas bucking the trend
New reports out today from banking groups CYBG and Bank of Scotland (BoS) paint a less than rosy picture of the current mood among Scotland’s businesses.
Move over economic experts – the robots are coming
Could robots do a better job of forecasting the direction of the economy?
Coretrax celebrates a North Sea milestone
An Aberdeen firm which makes tools for well-bore cleaning and well abandonment has announced a milestone for its CX-2 bridge plug.
EI survey highlights concerns about political upheaval
Political risk must not undermine the "essential need" to provide reliable energy in a way that keeps emissions and prices down.
Well-Sense’s innovative technology passes US test with flying colours
Aberdeen-based downhole technology specialist Well-Sense Technology has reported success with its pioneering FibreLine Intervention (FLI) technology for an oil major operating in Eagleford, west Texas, in the US.
Aberdeen’s Balmoral Group invests in plant and jobs in Yorkshire
Balmoral Group’s £10million investment in a new factory in Yorkshire is expected to create new employment opportunities in the area.
Aberdeen firm Canyon Offshore lands work on the world’s largest offshore windfarm
Key offshore cable trenching work for the word’s largest offshore windfarm will be carried out by Aberdeen firm Canyon Offshore.
Think-tank delivers climate change warning to oil majors
Major North Sea oil firms will have to cap their global spending by as much as 70% if international climate change targets are to be met, a financial think tank has warned.
Neglected Aberdeen landmark reborn as best of British
The Capitol building in Aberdeen has been named as the best new office development outside central London.
Overseas expansion for two Aberdeen-based energy service firms
ATR and Viking SeaTech have both opened new offices overseas in the latest move by Aberdeen businesses to spread their wings after the North Sea downturn.
OGA unveils new measures for unlocking vital North Sea data
The Oil and Gas Authority (OGA) has announced new measures aimed at making data openly available and to stimulate interest in the UK North Sea in advance of the 30th offshore licensing round.
Stars of offshore health and safety have a chance to shine in the P&J Gold Awards
Outstanding effort to improve health and safety in the North Sea oil and gas industry will be celebrated at the prestigious Press and Journal Gold Awards in Aberdeen later this year.
Siccar Point Energy finds new home in Aberdeen
Another North Sea newcomer has put down roots in Aberdeen.
Aberdeen’s beleaguered hotel market sees green shoots after oil hit
New industry figures point to some green shoots of recovery in Aberdeen’s beleaguered hotel market.
Balmoral boss launches initiative aimed at entrepreneurs
The boss of Aberdeen-based engineering firm Balmoral Group hopes a new property venture will help budding entrepreneurs follow in his footsteps.
Topside issues under the spotlight at Aberdeen event
Striking the right balance between efficiency, integrity and investment is key to maximising economic recovery in the UK North Sea, an Aberdeen conference heard yesterday.
Private-equity gong for Ramco
North-east oil service firm Ramco scooped one of the top honours at the British Private Equity and Venture Capital Association (BVCA) Scotland Management Team Awards 2017.