The boss of a diversified manufacturing giant employing more than 110,000 people globally used a fleeting visit to Aberdeen yesterday to highlight the case for investing in a downturn.
Atlantis Resources, the Scottish firm behind the MeyGen tidal-energy project in the Pentland Firth, has followed up a £6.5million cash injection with new joint-venture in Indonesia.
The Scottish firm behind Europe’s largest consented tidal-energy project, the MeyGen development in the Pentland Firth, said yesterday it had raised £6.5million from a share placement.
A new global wind power report highlights a “solid” UK performance despite a policy rollercoaster.
Aberdeen University vice-principal Dame Anne Glover has joined the board of the Offshore Renewable Energy (ORE) Catapult.
Oil giant BP is facing growing pressure from shareholders over its decision to award top bosses their maximum bonuses for 2015.
Marathon Oil insisted last night it had still not submitted any plans for decommissioning one of the North Sea’s oldest producing fields to the UK Government.
Aberdeen City and Aberdeenshire councils have teamed up to promote opportunities for north-east firms at the Offshore Northern Seas (ONS) exhibition, conference and festival in Stavanger, Norway, in August.
Industry body Oil and Gas UK (OGUK) said yesterday it had two new co-chairmen and several other new recruits to its boardroom team.
Sky-Futures, which flies drones around oil rigs and gas pipelines to check for any problems, said yesterday it was taking its technology inside potentially hazardous tanks used in the sector.
The new operator of a gas processing plant at St Fergus, px Group, said yesterday it had secured a significant new investor.
Delegate places at a two-day oil and gas industry conference in Aberdeen were all taken up less than two hours after the online booking process went live.
Aberdeenshire oil and gas well engineering consultancy Chris Dykes International (CD) has doubled its workforce – to two – after being snapped up by Danish firm WellPerform for an undisclosed sum.
Aberdeen company Munro's Travel is urging Scottish firms to move fast if they want to secure their place at the world’s biggest oil and gas show.
Schlumberger has announced the completion of its £10billion-plus cash and shares deal to buy energy service industry rival Cameron International
North Sea newcomer Nobel Upstream will scour the list of UK assets held by Shell to see if any meet its acquisition criteria, its boss said yesterday.
Two north companies are at the heart of a new project to bring green energy to remote communities in Chile.
Aberdeen-based international drilling and engineering contractor KCA Deutag said yesterday it had retained a Statoil contract worth up to £168million.
The UK North Sea arm of Middle East energy firm Taqa cuts its overheads by 30% during 2015 as the industry waged war on costs.
A west of Shetland oilfield that has cost its operator more than £1.2billion to develop has missed another target date for production start-up.
Reports that a United Nations commission has ruled that Argentina’s territorial waters should be extended to include the Falklands hit the shares of South Atlantic oil explorers yesterday.
North Sea entrepreneur Tom Cross said yesterday he would “certainly be interested” in exploration and production assets currently owned by France’s Engie.
An Aberdeen maritime consultancy firm is celebrating a three-year contract renewal with oil giant BP.
A North Sea pioneer is set to “take advantage” of low oil prices by buying up rights to 100million barrels of oil and gas for just £1.
Scottish drone technology company Cyberhawk Innovations is poised for further expansion and diversification after a £2million funding package from Clydesdale and Yorkshire Banks.
