Equinor banks over $1bn in UK while paying $6m in taxes
Equinor has reported $1.87 billion in pre-tax income for its UK operations, while it paid out a total of $6 million in tax within the county.
New acquisition for Aberdeenshire training firm AquaTerra
Bon-Accord Training will keep its name as it looks towards 'new opportunities'.
Centurion Group looks to ‘handsomely exceed’ pre-tax earning goals
Aberdeen headquartered Centurion Group has carried out four acquisitions this year, increasing the firm’s forecast pre-tax earnings.
So far, there are not many signs of a ‘just transition’
The announcement from PetroIneos that Scotland’s only oil refinery at Grangemouth will close by 2025 can, one hopes, be reversed and time bought.
NSTA CCS boss talks about making the Track process ‘sustainable’
"Continuing to fund projects in the way the Tracks 1 and 2 are doing isn’t something that is sustainable," says the NSTA's manager of UK carbon transportation and storage.
Offshore Europe 2025: ‘Reflecting the change’ in industry
This year saw the return of Aberdeen’s flagship energy show, Offshore Europe, after four years away and there was a lot to consider when putting together the 50th-anniversary event.
X-Academy predicts 73,000 uptick in energy jobs by 2030
X-Academy has published a study forecasting a 73,000 growth in energy jobs by 2030, if government and industry collaborate in accelerating the transition to renewables.
Flight of capital for oil and gas supply chain ‘will jeopardise energy transition’
A flight of capital for the oil and gas supply chain “will jeopardise” the UK energy transition, a major lender has warned.
Orcadian agrees seven day extension with potential Pilot operator
Orcadian (AIM: ORCA) has agreed a a seven day extension with a potential operator on its P2244 licence in the Pilot field.
Former NSTA boss Andy Samuel joins X-Academy as strategic advisor
Former North Sea Transition Authority chief executive, Andy Samuel has joined the X-Academy as a strategic advisor.
Sunak pledges £1.6 billion to try to show COP28 he’s on message
Rishi Sunak will pledge to spend £1.6 billion on climate projects, as the British premier arrives at the COP28 summit trying to show leaders the UK remains committed to the cause after he watered down his government’s green agenda and promised to boost oil and gas exploration.
OEUK celebrates those ‘driving innovation’ with its 2023 awards
The "brilliant, skilled people" of the energy sector have been honoured at the Offshore Energies UK awards at the P&J Live in Aberdeen.
Prime minister visits iNPIPE PRODUCTS as it opens new Aberdeen service centre
iNPIPE PRODUCTS has hosted prime minister Rishi Sunak at its base in North Yorkshire as the firm looks to expand.
Ashtead Technology acquires Ace Winches for £53m
Ashtead Technology has acquired fellow north-east energy services firm ACE Winches in a multi-million-pound deal.
NorthLink ferries to plug into Port of Aberdeen’s carbon-busting mission
Ferries travelling to and from the Northern Isles will be able to plug into a “clean” power supply at Port of Aberdeen (PoA) following a £1 million-plus investment in new infrastructure.
16 arrested outside after Just Stop Oil protest at Rishi Sunak’s London home
Sixteen Just Stop Oil protesters have been arrested following a demonstration outside the Prime Minister's west London home calling for a halt on fossil fuel exploration in the UK.
Sulmara opens new Aberdeen office after exceeding growth targets
Subsea specialist Sulmara has opened a new north-east office after a period of sustained success saw it outgrow its existing city centre premises.
Odfjell Technology drillers strike pay deal on TAQA assets
Over 80 Odfjell Technology drillers have settled a dispute over pay and conditions on TAQA installations after securing a new deal.
Wood lands contract extension with Equinor for Mariner field
Wood (LON: WOOD) has secured a two-year extension to a contract with Equinor for work on the Mariner field in the UK North Sea.
Tolmount East production start-up ‘underway’, says Harbour
Harbour Energy, the North Sea's largest producer, has said start-up is "underway " at its new Tolmount East project.
UK-led group to deploy ships to baltic sea after pipeline damage
Ten northern European countries agreed to deploy vessels and planes across the Baltic Sea region to protect critical undersea infrastructure in response to last month’s suspected acts of sabotage.
Hughes Subsea lands contract to for air diving support with Anasuria
Hughes Subsea has secured a contract to deliver daughter-craft diving services to the Anasuria FPSO off the coast of Aberdeen.
Rough pumps gas into UK grid to meet rising demand for heating
The gas storage facility, Rough, has pumped gas into the UK grid to meet increased demand as the country looks to use more for heating as winter looms.
Cerulean Winds signs exclusivity agreements for three INTOG floating wind sites
Three floating wind exclusivity agreements have been signed by Cerulean Winds as part of Crown Estate Scotland’s Innovation and Targeted Oil and Gas leasing round.
Aberdeen University to research colocation of CCS and offshore wind
Two research projects have kicked off to look into the colocation of offshore wind and CCS as Aberdeen University picks up 'Project Colocate'.