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Daily

All News

Paris climate deal on target for early start

About 160 countries are expected to sign the Paris Agreement on climate change in a symbolic triumph for a landmark deal that once seemed unlikely, but is now poised to take effect years ahead of schedule.

North Sea

SNP: When the industry needed the broad shoulders of the UK, they shrugged

The other day on the doorstep, I got into a conversation with a man who was facing redundancy in the oil and gas sector, we discussed the work being done by the Energy Jobs Taskforce, set up by the Scottish Government, and he said he was pleased to see support coming to the North East via the extended investment in the City Region Deal, and support for individuals to retrain.

Events

OGUK launches new series of share fairs

Oil and Gas UK (OGUK) aims to build on the momentum gathering behind efforts to reduce energy sector costs with the first in a new series of “share fairs”. The industry body’s new share fairs aim to spur collaboration by giving supply chain companies a chance to have one-to-one interviews with operators’ decision-makers and listen to presentations on key topics. The first event in OGUK’s Aberdeen office on Wednesday, April 27 will focus on the theme of maintenance and repair.

Oil & Gas

Ashtead increases turnover and profits in “relatively buoyant” 2014/15

Aberdeenshire subsea service company Ashtead Technology has posted increases in profits and turnover for its last full financial year before changing ownership. A week ago, the Westhill-based firm announced a majority stake in the business had been acquired by Arab Petroleum Investments Corporation (Apicorp) and its London-based venture capital partner, Buckthorn, for an undisclosed fee. Ashtead, which employs 75 people in Aberdeen, London, Houston and Singapore, with agents in Abu Dhabi, Perth and Stavanger, said the investment would help the firm expand its geographical reach, with the Middle East being a particular area of interest and focus.