Harland and Wolff to go into administration
Belfast shipbuilder Harland and Wolff (AIM:HARL) has announced the business is set to move into administration.
Oil & Gas
Rovco and Vaarst merge amid Scottish recruitment drive
Subsea technology firms Rovco and Vaarst have merged to become Beam, with the company undertaking a recruitment drive in Aberdeen and Edinburgh.
BP sells $1 billion stake in pipeline to Apollo
UK energy major BP (LON: BP) had sold a share in a key Caspian pipeline to US investors Apollo (NYSE: APO) in a deal raising $1billion (£760m).
Oil and gas expansion wins planning consent on UK onshore Wressle field
Concerns have been raised the project may now face court challenges by "emboldened" environmental campaigners.
Repurposing oil and gas infrastructure, a geothermal revolution in the North Sea?
As we navigate the complex landscape of energy transition, a promising solution is emerging from an often overlooked source: our existing oil and gas infrastructure.
SPE celebrates 50 years in Aberdeen
The Aberdeen section of the Society of Petroleum Engineers (SPE) celebrated its half-centenary with a knees up in the Granite City’s Music Hall.
Scottish Government must ditch ‘presumption against’ new oil and gas, business group demands
The Scottish Government is expected to unveil its latest energy strategy and just transition plan in coming days.
Labour policies could see North Sea companies ‘fatally wounded’ in five years
A new report warns that smaller North Sea oil and gas companies are facing a bleak future under the Labour government's plans to increase the windfall tax and cut investment allowances.
Grangemouth refinery closure will create ‘significant economic shock’, Swinney
The closure of Scotland’s only oil refinery will create a “significant economic shock”, John Swinney said, as the Scottish and UK governments promised a joint £100 million support package for Grangemouth.
Petroineos confirms Grangemouth will shut in 2025 with loss of 400 jobs
Grangemouth operator Petroineos has confirmed Scotland's only oil refinery will cease operations in the second quarter of 2025, leading to a net loss of 400 jobs.
Aberdeen’s CUT delivers major offshore decom project in Australia
Aberdeen-headquartered decommissioning firm Cutting Underwater Technologies (CUT) has completed a major offshore project in Western Australia (WA).
Energy job losses in Aberdeen affect more than just industry
North-east business leaders not yet certain if GB Energy can fill the gap as job loss concerns hit energy sector.
Equinor powers North Sea Troll B and C platforms from shore
Norwegian oil and gas firm Equinor has completed a project to partly power its Troll B and C platforms in the North Sea from shore, significantly reducing emissions.
TV presenter and Integrity HSE aim to educate workers about mental illness
Integrity HSE aims to promote a better understanding of how mental illness can impact energy workers as it teams up with a former newsreader.
Clarity on blue hydrogen is crucial for the UK’s energy future
With the Labour Party Conference fast approaching, it seems that the sector, and particularly the North Sea, has not been far from the headlines in recent weeks. But when Ed Miliband takes to the Liverpool stage to deliver his speech, a much broader audience will keenly anticipate clear and decisive direction that will shape the UK’s future energy mix and make us a ‘clean energy superpower’.
The Society of Petroleum Engineers (SPE) Aberdeen to celebrate 50th year in the North Sea
One of the largest chapters of the global Society of Petroleum Engineers (SPE) will be celebrating its 50th anniversary in the North Sea at a special event in Aberdeen.
Aberdeenshire’s Motive Offshore acquires Aquatic from Acteon Group
Aberdeenshire offshore energy equipment firm Motive Offshore has acquired fellow Scottish firm Aquatic from Acteon Group.
Serica Energy assets remain ‘cash generative’ despite ‘unjustifiably punitive fiscal regime’
North Sea operator Serica Energy said its UK offshore assets remain "cash generative" despite an "unjustifiably punitive" fiscal regime as it released its half year results today.
Tropical Storm Francine disrupts Gulf Coast oil, gas output
ropical Storm Francine forced some oil drillers to halt production and evacuate crews as it barreled through the Gulf of Mexico, and was expected to strengthen to a Category 2 hurricane as it heads toward the coast of Louisiana.
Hartshead Resources outlines ‘exciting and encouraging’ 33rd round licences
North Sea operator Hartshead Resources (ASX:HHR) estimates it now holds more than a trillion cubic feet of gas reserves following the 33rd Licensing Round.
Scottish university innovation aims to seal 100,000 methane-leaking wells
Scotland's Heriot-Watt University has unveiled ambitions plans to help seal 100,000 methane-leaking wells over the next decade using a chemical injection technology.
Scottish underwater robotics firm HonuWorx secures seven figure investment
Scottish subsea robotics firm HonuWorx has secured "seven-figure" investment backing for its plans to slash costs and emissions for offshore repair and inspection work.
Power Moves: Peterson Energy Logistics managing directors and more
Chris Coull and Jason Hendry have been appointed as joint managing directors for the UK at Peterson Energy Logistics.
Don’t believe the hype on offshore wind unless subsea supply chain wins
By setting global standards and guidelines, the UK can have a first-mover advantage and be positioned as a centre of global excellence in cable reliability.
Singapore’s MR Group commits six-figure investment in Aberdeenshire offshore drilling training
Rig inspection firm MR Group has invested in a purpose-built training facility and office space in Westhill, Aberdeenshire as it expands internationally.