Aberdeen ‘deserves better’ after ‘glaring omission’ from Budget
An Aberdeen business leader has said the north-east “deserves better” following the Scottish Budget’s “glaring omission” of a vital £200million railway project.
An Aberdeen business leader has said the north-east “deserves better” following the Scottish Budget’s “glaring omission” of a vital £200million railway project.
A looming skills shortage in the north-east oil and gas sector has been highlighted in the latest industry survey from the Aberdeen and Grampian Chamber of Commerce (AGCC).
More businesses failed in the north-east than any other part of Scotland last year.
A global expert has claimed Aberdeen’s diversification and regeneration is “paying dividends” as it was announced £8.4 billion of public and private investment is due to be delivered to the north-east before 2030.
The oil capital of Europe may have weathered the storm of a collapse in the price of Brent crude but a recent upturn in business could lead to some tricky mergers ahead, it has been warned.
The value of exploration and production activity across the UK Continental Shelf (UKCS) continues to rise with firms also now equally optimistic about the North Sea and international markets for the first time since 2013.
A second wave of a support programme for senior and middle managers made redundant in the oil and gas industry has been launched.
Everyone knows the oil and gas industry has gone through a few very tough years. The North Sea was particularly susceptible being so dependent on oil and gas, with almost 200,000 people losing their jobs since the downturn began in 2014. That’s 39% of those employed in the industry out of work.
The worst of the oil and gas downturn is over, a new survey shows.
Oil and Gas UK (OGUK) has warned North Sea industry against complacency after a new report heralded the end of the downturn.
New reports out today from banking groups CYBG and Bank of Scotland (BoS) paint a less than rosy picture of the current mood among Scotland’s businesses.
Confidence levels in the North Sea oil and gas industry are finally improving after a long spell in the doldrums, new survey findings reveal.
Former and redundacy threatened oil and gas industry bosses taking part in a new scheme which aims to help them find new work had previously applied for 818 jobs, which led to just 37 invitations to interview.
A new report has given a damning assessment of the Scottish Government’s efforts to help the North Sea oil and gas industry in its hour of need.
North-sea job losses have not slowed down over the past year, but there are signs that industry has turned a corner, the 25th Oil and Gas Survey said.
A tally of investment projects in north-east has highlighted that the region will get an injection of £5billion in coming years and that it is "open for business".
A renowned news broadcaster and two local authorities have joined forces for a new short film on the future of the north-east’s energy industry.
Oil and gas skills body Opito has called for clarity over the impact the £3billion Apprenticeship Levy on the industry after the UK government set out how the controversial tax will work in England.
Energy economist Professor Alex Kemp says he has seen "encouraging signs" in the oil and gas industry despite the long-running downturn.
Oil and gas operators have seen a 15% reduction in their UK-based headcount over the past 12 months – and they expect a further decline of 17% in the year ahead.
The latest Aberdeen and Grampian Chamber of Commerce (AGCC)/Fraser of Allander Oil and Gas Survey is the first since Russell Borthwick became AGCC chief executive earlier this year.
Aberdeen and the north east of Scotland is shaking off years of complacency as it bids to repositioning itself in a diminished oil market, according to the boss of the region's Chamber of Commerce.
Mozambique's potential to become one of the largest gas producers in the world can provide Aberdeen supply chain companies with new opportunities to export their North Sea expertise, according to industry experts.
Confidence levels among oil and gas contractors working in the North Sea have hit an all-time low, with a large majority believing job losses will continue over the next year, an industry report has found.
Aberdeen and Grampian Chamber of Commerce (AGCC) has urged the chancellor to cut the tax rate for the oil and gas industry in his Autumn Statement.