EthosEnergy CEO boasts ‘healthy pipeline of global opportunities’
Following the private equity takeover of EthosEnergy, the firm's boss Ana Amicarella discusses what 2025 holds in store.
Oil & Gas
Grangemouth protesters lay 400 hard hats outside Scottish Labour conference
Grangemouth workers targeted the opening day of the Scottish Labour conference on Friday, laying 400 hard hats on the ground to represent every job set to be lost.
The Emperor’s New Clothes: Will supermajors survive the energy transition?
Oil and gas supermajors' swan legs are kicking frantically below the surface as they attempt to navigate the energy transition. In the first of a two-part series, we examine Equinor's approach.
Why sub-surface gas storage will be key to Scotland’s hydrogen ambitions
With green hydrogen a major element in Scotland’s net zero plans, we need to find ways to store it safely and economically, says Martin Wright, founder and executive chairman of Gravitricity.
Shell extends £120m EPC contract with Wood
Aberdeen-headquartered Wood Group (LON: WG) has been awarded a $120 million contract extension by Shell UK to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK.
Ithaca Energy hails “transformational” 2024
Ithaca Energy (LON: ITH) has hailed a “transformational” 2024 and said it sees opportunities in both the North Sea and abroad.
Wood CFO resigns over incorrect credentials
Aberdeen-headquartered Wood Group (LON:WG) has announced that its chief financial officer (CFO) Arvind Balan has resigned from his position with immediate effect.
Who are the big winners at Subsea Expo awards?
Companies from across the UK triumphed at the Subsea Expo Awards in Aberdeen, reflecting the reach of the country’s "blue economy" which is worth £9.2 billion annually.
‘We still have hope’ says US state trade representative
A state-level trade body boss says he "still has hope" for the US offshore wind and renewable energy industry despite project cancellations in the wake of the Trump presidency.
‘We’ve no money’: Industry fears over delivering North Sea decommissioning
A North Sea industry veteran has expressed concerns about the UK’s ability to deliver on its decommissioning responsibilities, as well as doubts over the potential economic benefits.
Unique Group plans ‘exponential’ growth in challenging subsea job market
Soon after appointing industry stalwart Fraser Moonie, Unique Group says it has plans for “exponential” growth in its headcount.
TotalEnergies, Harbour extend Valaris jackup contracts
Valaris has extended a contract with TotalEnergies, in the UK North Sea, for the Valaris Stavanger. It has also given some more time to Harbour Energy, while scrapping three ageing rigs in the US.
Investment slump in offshore wind has a ‘silver lining’ – Rystad
Plans for investment in offshore wind have been dealt a number of blows but this offers a "silver lining" to the industry, an analyst has highlighted at a conference in Aberdeen.
Aberdeen subsea specialist to expand after £10m sales
Subsea Supplies, an Aberdeen-based supplier of offshore and underwater technology equipment, has had a record-breaking financial year with turnover hitting £10 million in 2024.
New well at BP’s giant UK oilfield ‘exceeds expectations’
Energy giant BP continues to ramp up its newest facility in the North Sea, with production from its latest well “exceeding expectations”.
Aberdeen’s Amplus Energy Services to buy Petrojarl I FPSO
Aberdeen-based Amplus Energy Services will acquire the Petrojarl I floating production offloading and storage (FPSO) vessel from its current owner, Altera Infrastructure.
National Gas appoints Murphy to deliver major St Fergus project
National Gas has appointed engineering and construction company Murphy to deliver a critical infrastructure project at the St Fergus Gas Terminal on the Northeast coast of Scotland.
UK halved LNG imports in 2024 as Europe cuts supplies
The UK saw its LNG imports fall by 47% last year, new research has found.
Triton FPSO shut down over Storm Eowyn damage
Serica Energy (AIM: SQZ) has suspended production from the Triton floating production storage and offloading (FPSO) vessel due to damage from Storm Eowyn.
Young people unlikely to replace retiring oil workers
The oil and gas workforce is older than other sectors and it is unlikely that young people will fill the gap left by retirees, according to a new report.
Explorer claims potential 16 Tcf UK gas discovery
Oil and gas exploration and production company Egdon Resources has discovered a reserve believed to hold 16 Tcf (480 Bcm) of gas.
Power Moves: Fugro general counsel and more
Katja Fenton has been appointed as Fugro’s general counsel and member of the executive leadership team.
North Sea oil and gas projects could be stopped post Rosebank and Jackdaw
Operators will need to wait until the new environmental impact assessment guidance is in place.
Wood CEO ‘disappointed’ in company finances
Wood (LON:WG) chief executive Ken Gilmartin has made a "difficult announcement" to shareholders as the firm published its latest trading update.
Gas is not a ‘transition fuel, it is the destination,’ says Irish Sea boss
As the UK gets ever closer to its net zero deadline, discussion around the country’s energy mix become more prominent and energy bosses say gas is here to stay.