EU fishing boss slams renewables “gold rush”
Europe’s fishing boss has criticised the race to build offshore wind and wave energy schemes – saying it has already become a “frenzied gold rush”.
CNR shuts down Murchison
One of the North Sea’s most iconic oil fields has produced its last barrel of oil.
ATR aims to double turnover with new directors
Aberdeen-based ATR Group has appointed three new directors to spearhead a drive to double turnover in the next three years.
North Sea’s potential hindered by tax, claims oil boss
An international oil boss has claimed that the North Sea can no longer compete with the rest of the world – because of George Osborne’s tax regime.
Wood Review: Fiscal instability and lack of collaboration to blame for underperformance
Sir Ian Wood said yesterday that oil bosses have made it clear to him that “fiscal instability” has been a major factor in the North Sea’s recent underperformance.
Wood Review: New regulator key solution to UKCS woes
The new oil and gas regulator to be set up on the back of the Wood Review will spearhead the hunt for oil off the Hebrides, it has emerged.
“Review the start of hard work for industry,” says Sir Ian
Sir Ian Wood said his review – the first in the North Sea for 20 years – is just the beginning of the region’s fight to bring back the boom times.
Wood Review: Sir Ian’s prescription for oil and gas prosperity
Sixty-eight pages, four recommendations and 29 action points – that is Sir Ian Wood’s prescription to cure the UK’s ailing oil and gas industry.
Opinion: Now is not the time to turn the North Sea into political sideshow
On November 3, 1975, the Queen arrived in Aberdeen to mark a historic moment for the UK.
Wood Review: New regulator gets Scottish Government backing
The Scottish Government has welcomed Sir Ian’s report into the future of oil and gas in Scotland.
Independent Scotland: New energy department for Aberdeen and Glasgow
The new Energy Department for an independent Scotland will be co-headquartered in Aberdeen and Glasgow, First Minister Alex Salmond said yesterday.
Scottish Government unveils plans for £10m oil and gas technology centre
The Scottish Government will follow the publication of Sir Ian Wood’s North Sea review today by announcing more than £10million of funding for a new centre to pioneer oil and gas technology.
Wood Review: Cameron says big changes on the way for North Sea operators
The prime minister’s acceptance of Sir Ian Wood’s radical review of the oil and gas industry will mean big changes for companies operating in the North Sea.
Wood Review: David Cameron to back Sir Ian Wood’s recommendations
Prime Minister David Cameron will today accept all of industry veteran Sir Ian Wood’s recommendations to revolutionise the UK oil and gas sector.
Ewing: Scotland’s new regulator will address Wood review
A new UK oil and gas regulator should be established in Scotland to replace the “under-resourced and under-powered” Department of Energy and Climate Change (DECC) operation, according to Scotland’s Energy Minister.
Oil infrastructure should be taken into public ownership, says boss
Oil and gas infrastructure may need to come into public hands if Britain is to maximise the North Sea’s remaining reserves, a leading oil boss has claimed.
Failure to build second Aberdeen Harbour ‘could cost Scotland £500m a year’
Exclusive: Building a second harbour in Aberdeen would generate an extra £1billion for the Scottish economy every year – and create 3,000 north-east jobs.
Shell starts £9bn asset sale after putting three North Sea fields up for grabs
Shell has announced plans to sell three of its North Sea fields as it kicks off a £9billion asset sale.
Gas leaks feared if seabed cracks open
A new report has warned that millions of tonnes of dangerous gas could spew from the North Sea if carbon capture technology goes wrong.
Proserv makes third big-money acquisition with KRG deal
Proserv has made its third multimillion-pound acquisition in just 18 months.
Police submit oil firm fraud files to prosecutor
Exclusive: Detectives investigating fraud claims at a north-east firm while it was run by two Aberdeen brothers have sent their report to prosecutors.
Shell hires Able to dispose of Brent platforms
The landmark decommissioning of Shell’s Brent field has moved a step closer after the oil giant appointed a firm to dismantle the iconic North Sea structures.
Gas alert on Shell North Sea platform sparks action by safety chiefs
Exclusive: Oil giant Shell has been sanctioned by safety chiefs after corrosion on one of its oldest North Sea platforms led to a gas leak.
BG Group boss warns tax incentives must be right before go-ahead for £2.4bn North Sea project
Exclusive: BG Group has hinted that it is ready to create thousands of jobs with a new £2.4billion North Sea development – if George Osborne can get the tax regime right.
Saltire looks for further growth after revealing expansion plans
Saltire Energy has announced plans to expand its operations in the north-east following a £5million investment.