Engineering firm Costain will use the discipline of operating within the tight margins of civil engineering and utilities sectors as it looks to make a mark in the oil and gas decommissioning sector.
General Electric is to reduce its headcount in Texas by another 360 positions as the decline in oil price continues.
Shell's chief executive Ben van Beurden this morning confirmed a host of strategies aimed at curbing Shell's spending and strengthening its financial position, including targeting up to 10 country exits.
Robert Stone was just 15 when he ran away from home with only £30 in his pocket. Over the next 25 years he amassed a multi-million pound fortune through various entrepreneurial ventures, mostly on the wrong side of the law. But when the law caught up with him, he lost everything. Now the Aberdeenshire dad of two has penned his incredible life story in a book as a lasting tribute to his children and his late wife, Linda.
Aberdeen's council leader has today called for a second summit to reveal how millions of pounds of investment will help support the North Sea oil and gas industry.
A North Sea oil and gas pioneer has slated the Scottish Government over its banning of an energy production method he planned to trial offshore. Algy Cluff said he has had more trouble with Holyrood than any administration he has dealt with during his long career. The entrepreneur has headed up a mining company with operations in Zimbabwe, which at the time was led by current president Robert Mugabe, viewed by many as a brutal dictator.
Independent Oil and Gas (IOG) today confirmed it would drill the appraisal well for the North Sea's Skipper prospect next month.
Oil traded near the highest close in more than 10 months before U.S. government data forecast to show crude stockpiles dropped for a third week, trimming a glut.
New car sales in the Grampian area plunged by more than 10% during May in a further sign of a troubled north-east economy.
North Atlantic Drilling (NADL) has given itself another three months to try and resolve its standstill with Singapore’s Jurong Shipyard over the delivery of the sixth generation harsh environment semi-submersible drilling rig, the West Rigel.
An oil billionaire’s yacht has been spotted docked in Belfast as it makes a voyage from Malta.
Categories for this year's glittering awards ceremony have been revamped and are better than ever.
A vessel used in the oil and gas industry is to be turned into a cruise as the company behind the move looks for new markets amid the global downturn.
The Press and Journal’s Gold Awards, in association with Aberdeen Asset Management, are back and better than ever.
Green-energy firm Future Renewables Eco (FRE) said yesterday it had completed the installation of three wind turbines in Aberdeenshire as part of multimillion-pound plans to roll-out investment “opportunities” across Scotland.
UK North Sea strengths, weaknesses, opportunities and threats will be outlined by one of the key speakers at the annual Oil and Gas UK (OGUK) conference in Aberdeen next week.
New technology is helping to help pinpoint unexploded mines, bombs and missiles at new offshore energy sites.
ABB in Norway said it plans to reduce its headcount by around 120 positions in Norway.
The SNP’s £12million flagship retraining fund for redundant oil and gas workers has delivered cash to less than 100 people.
A third of the UK’s oil and gas firms are planning further job cuts this year as a result of a slump in prices, according to a new survey.
Aker Solutions has won a NOK 1billion deal with Petrobel in Egypt.
Shareholders of Germany’s largest utility are set to vote on its breakup as some in the investment community question the value in EON SE’s split to focus on renewable energy, networks and retail customers.
Oil advanced as Abu Dhabi forecast prices could climb as high as $60 a barrel amid a glut that’s shrunk quicker than projected.
Local content has for long been a major issue in the UK oil & gas industry. It has become one with renewables too.
This year is turning out to be a great one for energy stocks Stateside, but offshore contract drillers, led by Swiss plated but still fundamentally American Transocean, are an exception according to Wall Street commentator Sarfarez Khan.