First look: Footage released of ‘horror’ video game set on 1970s North Sea oil rig
Still Wakes the Deep, which is set on a collapsing oil rig in Scotland’s North Sea, will be launched early next year.
Chevron profit falls shy of estimates on refining weakness
Chevron Corp. (NYSE: CVX) fell short of analysts’ expectations amid weak returns from its overseas refineries as the oil giant moves closer to the $53 billion purchase of storied rival Hess Corp.
Exxon raises dividend after free cash flow soars more than expected
Exxon Mobil Corp. (NYSE: XOM) Exxon Mobil Corp. and Chevron Corp. posted disappointing profits amid weak performances by their oil-refining and chemical businesses.
New 6.7MW Ecosse Solar Park opens in Forfar
A new 20-acre solar park has opened in Angus in the Northeast of Scotland, boosting green energy production in the local area.
Aberdeen’s Seacroft Marine Consultants announces management buyout
Aberdeen's Seacroft Marine Consultants has announced a management buyout, with company director Jennifer Fraser to step down after 27 years with the firm.
UK gas grid readies for blending hydrogen amid technology debate
The UK’s natural gas network will be ready to blend some hydrogen into the grid by the end of next year, according to its operator, which is preparing for the technology despite renewed debates about its viability.
Goldwind profits plunged even as wind power surges in China
Xinjiang Goldwind Science & Technology Co., the largest wind-turbine maker, said profit plunged as a price war continues to offset some of the benefits of China’s surge in clean energy investment.
Coretrax secures multi-year contract to boost production for Middle East operator
Aberdeenshire oil field equipment supplier Coretrax has secured a multi-year contract with a Middle East operator to deliver production enhancement across a multi-well campaign.
Vår Energi moves closer to gas export solution from Goliat field
Norwegian oil and gas company Vår Energi has approved a concept for gas export from the Goliat field in the Barents Sea.
New ‘state-of-the-art’ tidal turbine blade manufactured by FastBlade in Scotland
A new 'state-of-the-art' tidal turbine blade has been manufactured in Scotland for the first time, and engineers say it could reduce the levelised cost of tidal energy (LOCE).
Aberdeen’s Ashtead Technology signs exclusive agreement for Australian subsea robots
Aberdeen subsea equipment provider Ashtead Technology has signed an exclusive rental agreement with Australian firm Reach Robotics.
Global Underwater Hub report finds supply chain capability high, lack of project visibility threatening confidence
A report by the Global Underwater Hub (GUH) released today has emphasised the strength of the UK supply chain but warns a continuing lack of project surety is impeding necessary investment.
New York awards contracts for three offshore wind projects
New York has selected three offshore wind farms to negotiate power contracts with the state as the industry faces increasing challenges from rising costs.
Orcadian granted conditional extension to North Sea Pilot licence
Orcadian Energy has announced the North Sea Transition Authority (NSTA) is prepared to grant a two-year extension on its P2244 licence in the Pilot field, subject to certain conditions.
GE Offshore Wind to post $1 billion loss in 2023, again in 2024
General Electric Co. (NYSE: GE) expects its offshore-wind operations to post annual losses of about $1 billion (£822 million) for this year and next as the industry struggles with rising costs.
EU aims to boost its wind industry to counter China’s clean tech ambitions
The European Union launched a wind power package on Tuesday to counter the growing influence of China and spur its own industry, as the bloc focuses more firmly on China as the biggest threat to its clean-tech industry.
SLB to deploy Plexus technology in new North Sea well plugging project
Aberdeen oil and gas engineering services firm Plexus Holdings has been awarded an equipment contract for a new North Sea plug and abandonment (P&A) project by SLB (NYSE: SLB).
Worley secures FEED contract for Kintore Hydrogen project in Aberdeenshire
Statera Energy has awarded a front end engineering and design (FEED) contract for the first phase of its 3GW Kintore Hydrogen project to Australian firm Worley.
Aberdeen’s AISUS Offshore forms strategic partnership with Brazilian firm
Aberdeen oil field equipment supplier AISUS Offshore has announced a strategic partnership with Brazilian engineering firm SIMEROS.
Global oil demand to reach its peak this decade, IEA says
Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing popularity of electric cars and the cooling of China’s economy.
Operational clean hydrogen projects set to double within five years
Report shows the pace of development in the global hydrogen sector is accelerating, and the researchers are warning the UK is at risk of falling further behind the European Union and the United States.
Aberdeen’s Balmoral claims new product will make more offshore wind projects viable
The development could limit the need for expensive rock armour around offshore wind structures.
Petrofac awarded multi-million pound North Sea decommissioning contract by Saipem
Italian oilfield services firm Saipem (BIT: SPM) has awarded Petrofac a new multi-million-pound deal to support the decommissioning of a platform in the UK sector of the North Sea.
Chevron to buy Hess for $53 Billion in latest oil megadeal
Chevron Corp. (NYSE: CVX) agreed to buy Hess Corp. (NYSE: HES) for $53 billion, the latest major US oil takeover as the industry bets on an enduring future for fossil fuels.
TotalEnergies announces partnership in 3GW Attentive Energy wind farm
TotalEnergies will partner with offshore wind developer Corio Generation and electricity producer Rise Light & Power to develop the 3GW Attentive Energy wind farm in the United States.