Over half of Aberdeen businesses say profits will drop in 2025
As businesses contend with rising bills, difficulties with recruitment and dwindling orders, 51% of Aberdeen firms project reduced profits in 2025.
Aberdeen
Aberdeen’s OSSO looks to geothermal growth after ‘milestone’ 2024
Aberdeen-headquartered OSSO is looking to consolidate its growth in geothermal energy after a "milestone" year its revenues increase by 50%.
SNP energy secretary questions Aberdeen GB Energy job figures
Gillian Martin is in discussions with the UK Labour government over the GB Energy Bill.
Three Aberdeen oil company headquarters sell for £45m
The firm selling the trio of buildings said it wanted to "reduce its office exposure" in the UK.
Aberdeen lost 18,000 jobs amid oil turbulence as renewables ramp up
Aberdeen has lost 18,000 jobs since 2010, as the city is set to “continue to struggle,” reported EY.
AI breakthrough could save £10bn in North Sea decom costs
A breakthrough artificial intelligence (AI) project could save taxpayers and the offshore industry billions of pounds in oil and gas decommissioning costs.
Power Moves: New FrontRow Energy Technology CEO and more
In the latest edition of Power Moves, Steve Kent has been appointed as CEO of FrontRow Energy Technology Group as the company looks to strengthen its board ahead of planned global growth.
Windfall taxes and government policy: destroying Aberdeen and the north-east
There is only one phrase that can possibly be used to describe the Westminster government’s approach to oil and gas – ideological zealotry, bordering on madness.
GB Energy chair will not be based in Aberdeen
Jurgen Maier, the publicly owned energy company’s boss, will be staying hundreds of miles away.
Aberdeen’s HonuWorx kicks off £30 million fundraise to develop fleet of remote submersibles
Scottish subsea robotics firm HonuWorx is aiming to raise £30 million from investors to build a fleet of 50 autonomous submersibles for offshore inspections.
Why the EPL is putting both our North Sea industry and climate change goals at risk
The Autumn Budget is a chance for the government to make a bold statement on the energy transition.
Former Oil and Gas UK chief’s fears of North Sea ‘wholly premature death’
The former head of Oil & Gas UK has accused politicians of “gross negligence” towards the offshore industries and their workers.
Windfall tax concern ‘looms large’ over north-east businesses
The windfall tax on the North Sea energy sector remains a key concern for north-east businesses ahead of this month’s budget, according to a survey.
Ed Miliband denies Labour ‘snubbed’ Aberdeenshire carbon capture project
The energy secretary visited Aberdeen on Thursday where he was asked about long-awaited funding for the Acorn project in St Fergus, Aberdeenshire.
Energy secretary talks Scotland investment in Aberdeen visit
UK energy secretary Ed Miliband is set to visit Aberdeen on Thursday, promoting billions of potential funding and policy measures to support Scotland's energy sector.
North Sea flight operator CHC Helicopters records £4.8m loss
North Sea helicopter operator CHC Scotia has recorded a £4.8 million loss in 2023 in what the company described as “challenging industry conditions”.
UK energy sector reacts to GB Energy headquarters announcement
The UK energy sector has welcomed confirmation that GB Energy's headquarters will be based in Aberdeen, but called for more clarity over the government's energy policy.
Aberdeen confirmed as GB Energy HQ, but questions over detail remain
The UK government has confirmed Aberdeen will host the headquarters of GB Energy, but questions over its exact role still remain.
Offshore mooring firm First Marine Solutions extends lease at Montrose Port
Scottish offshore mooring firm First Marine Solutions (FMS) has extended its partnership with Montrose Port Authority with a five-year lease agreement.
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.
Scotland invests £20m in hydrogen-electric aviation firm ZeroAvia
The Scottish National Investment Bank (SNIB) has invested £20 million in hydrogen-electric aviation developer ZeroAvia as pat of its latest funding round.
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).
GB Energy scouts for office space in Aberdeen
Efforts to find an office for Labour’s new GB Energy headquarters in Aberdeen are under way, Energy Voice sister publication the P&J can reveal.
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.
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.