Bosses at EnQuest said yesterday they were confident of addressing natural production decline at the firm’s core oilfields, adding they have plenty of “ammo” left.
Highland Council has backed a bid for a prototype fusion power plant to be sited in Caithness which could create hundreds of jobs for the area and provide “transformational” opportunities.
Exploration and production firm EnQuest managed to reduce its debt pile to its lowest level since 2014 and narrow its losses in 2020 despite the oil price slump.
Aker Solutions and Doosan Babcock have agreed to jointly deliver projects for low-carbon solutions and renewable energy in the UK.
GEG Capital, part of Inverness-headquartered Global Energy Group, said yesterday it had acquired Peterhead-based marine recruitment firm Genesis Personnel for an undisclosed sum.
The Energy Exports Conference (EEC) 2021, the number 1 event to identify global energy opportunities and meet key decisions at leading operators, developers and contractors, will take place on screen from 14 to 17 June.
Recently I was briefing one of my fellow colleagues at KPMG ahead of a meeting with a Government Minister. He asked me about ESG reporting and as I marshalled my thoughts it came home to me just how critical reporting really is to progressing this agenda.
Energy sector figures have hailed the North Sea Transition Deal for recognising the oil and gas industry’s key role in the UK’s shift to net zero.
Glacier Energy is looking ahead to the rest of 2021 with optimism as it prepares to launch “a game changer in the world of heat exchangers”.
Equinor has announced the biggest discovery so far this year on the Norwegian continental shelf (NCS).
Neptune Energy will use Borr Drilling’s new Prospector 1 rig for a range of jobs offshore Netherlands and UK as part of a $21.4 million contract.
Energy firm Parkmead Group, of Aberdeen, has raised £4 million through the sales of two tracts of land from its portfolio.
When it comes to fighting climate change, we must all stand together or fall.
Industry chiefs welcomed the North Sea Transition Deal last night and vowed to work with government to deliver a “homegrown” leap to net zero.
A landmark £16 billion deal has given the North Sea oil industry a huge boost in its quest to transition to a low-carbon future.
Two north sites are among 12 around Scotland identified as “prime” for green datacentres.
Nicola Sturgeon has acknowledged the latest delay to Scotland's offshore wind leasing round was “deeply unwelcome” among renewables investors and developers.
Global engineering and technology consultancy Vysus Group will provide health and safety services to support the development of a UK geothermal project.
Consulting and engineering giant Wood has completed the sale of its joint venture interest in Sulzer Wood to existing partner Sulzer for $17.5m.
Pressure is increasing on the Scottish Government to perform a U-turn and release seafarers stranded in a quarantine hotel.
Baker Hughes and Horisont Energi have entered into a pact for the Polaris carbon storage project off the northern coast of Norway.
Bosses at Longboat Energy are “participating” in a number of acquisition processes as the London-listed firm looks to do its maiden deal.
For its third consecutive year, Hywind Scotland – the world’s first floating offshore wind farm – reached the highest average capacity factor for any wind farm in the UK, Equinor said today.
Bristow Group has become the first helicopter operator in the UK to achieve a new mandatory international aviation safety standard designed to ensure the airworthiness of its aircraft.
The Scottish Government should create a “skills guarantee” to help workers make the leap from oil and gas to low-carbon sectors, an independent group of experts has advised.