Aberdeen’s OSSO has ‘extraordinarily successful year’ seeing a 40% growth in headcount
The Aberdeen-based fluid temperature control and separation solutions firm, OSSO, has seen a 40% growth in headcount in 2024.
Number of offshore travellers down by 10,000 since 2019
Covid and new technology could be reducing the number of people travelling offshore in the UK North Sea.
Scotland is not on track to deliver Just Transition, Commission says
The Just Transition Commission claims that Scotland is not on track to deliver, and that “significant” further action is needed to support the workforce.
Peterhead Port bosses predict boom times ahead
Port of Peterhead bosses say energy transition has put the Blue Toon firmly on the map.
Shifting Netherlands debt ‘positive update’ for Kistos amid Shetland Gas Plant shutdown
Kistos (KIST.L) has paid its outstanding bond debt in the Netherlands, creating an opportunity for the firm to return more cash to shareholders, said an industry analyst.
BW Ideol floaters to be built at Port Talbot following ABP MoU
BW Ideol has teamed up with Associated British Ports in Port Talbot for floating foundation industrialisation for the Celtic Sea.
Offshore wind R&I programme to offer up to £300k per project
The European Marine Energy Centre (EMEC) backed offshore wind research and innovation (R&I) programme is set to launch an innovation call to help deliver projects.
North Sea firms relinquish swathes of licences to NSTA regulator
Almost 57% of licence awards from the 32nd round three years ago have now been handed back.
ROVOP founder named chairman of subsea tech firm HonuWorx
Steven Gray, founder and former chief executive of Aberdeen-based ROV firm ROVOP, has been named chairman of robotics company HonuWorx.
Innovation cements Aberdeen’s ‘pioneering energy legacy’
I recognise that drive for technological disruption and challenging accepted constraints in HonuWorx, writes Steven Gray.
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.