Oil and gas sector deal proposal to be submitted to UK Government next month
The formal proposal for an oil and gas sector deal will be submitted to the UK government next month.
Aberdeen
Global E&C ‘stabilises’ with major Aberdeen property reshuffle
Global Engineering and Construction (E&C) has “reshuffled” its north-east facilities footprint in an effort to “stabilise” the company amid the Covid-19 and low oil price crisis.
Sir Ian Wood: ‘Pressure is on’ for UK to accelerate energy transition
Sir Ian Wood has insisted the north-east’s long-term challenges remain the same but warned the impact of Covid-19 will “almost certainly slow progress” for overcoming them.
Kirkhill Road to become one-way for almost two months
An Aberdeen road will be one-way temporarily for almost two months.
Aberdeen reaffirms links with Guyana as country prepares to make ‘great strides’ in oil and gas post-election
Scores of oil and gas representatives met virtually yesterday to discuss the opportunities available to supply chain companies in post-election Guyana.
Wood CEO predicts ‘turbulence’ ahead for key markets
The boss of Wood expects more “turbulence” ahead for markets served by the global engineering and consultancy.
Aberdeen dolphin watching boost for green energy system
Plans to power a new Aberdeen attraction with a bespoke energy system have moved forward.
Embrace hydrogen to achieve net zero
Large-scale hydrogen storage can enable the rise of renewables while bringing benefits to local authorities, transport companies and electricity suppliers.
Rise in category B cases offshore attributed to Aberdeen Covid-19 outbreak
An offshore safety boss has blamed a local outbreak in Aberdeen for a rise in the number of North Sea workers that have come into contact with people showing symptoms of Covid-19.
Awilco Drilling sinks to £10.6m losses amid disputes with rig builder and HMRC
Awilco Drilling has sunk to losses of £10.6million in the first half of 2020 amid separate disputes with rig builder Keppel Fels and HMRC.
Aberdeen shares top spot in UK for surge in unemployment claimants
Aberdeen shares top spot with Glasgow, Norwich and Slough in a league table of UK towns and cities seeing the biggest month-on-month increase in people claiming unemployment- related benefits.
I3 Energy issues half a million new shares as it eyes first production assets
I3 Energy has issued more than half a million new shares to fund its acquisition of Gain Energy’s petroleum and infrastructure assets.
Aberdeen-based risk consultancy firm Marex offers support to small businesses and charities
A marine and risk consultancy firm is offering struggling businesses in the north-east a helping hand to try and support them through the pandemic.
Borr Drilling appoints Patrick Schorn as new chief executive
Borr Drilling has appointed Patrick Schorn as its new chief executive officer, succeeding Svend Anton Maier who will remain with the company as a special adviser.
Updated: Weatherford laid off 130 Aberdeen workers in first half
Oilfield service firm Weatherford has said it made 130 employees redundant in Aberdeen in the first half of 2020 in an effort to get a grip on its costs.
Start-up aims to ‘anchor’ Aberdeen in geothermal industry
An Aberdeen businessman has set out on a crusade to carve out futures in clean, geothermal energy for “oil and gas assets and people”.
Halliburton to shut main Aberdeen office
US oilfield services giant Halliburton has confirmed it will close its main UK office in Aberdeen.
Let’s use oil rig museum as platform to re-invent Aberdeen
As someone who has previously run for parliament, allow me to attempt a typical politician’s response. Converting a redundant oil platform into a major Aberdeen tourist attraction is a great idea which I support. Or, then again, perhaps not. It’s definitely one of the two. There: that’s my bases covered.
Time runs out on Prosafe loan deal
Prosafe has seen the clock run down on its agreement with lenders to extend its loan facilities, but insists it will operate as “business as usual”.
Fugro targets £100m annual savings from job cuts, other measures
Fugro is aiming to save nearly £110m (EUR120m) per year thanks to a 10% reduction in its workforce and other measures.
Aberdeen oil tourism plan could be ‘resurrected’ with new rig concept, says business leader
Plans for a major Aberdeen oil tourism site from over 30 years ago could be "resurrected" by a new rig idea for the harbour, according to a business leader.
Former Lloyds Register team ‘build better future’ after department is shuttered
Former members of the Lloyds Register upstream consulting team say they are “building a better future” after the entire department was closed down.
Aberdeen mooring specialist anchors contract worth in excess of £1m
An Aberdeen headquartered marine services and mooring specialist has secured a deal worth in excess of £1 million.
Total awards contract for offshore survival training to 3T Energy Group
Two offshore energy sector training firms in the 3T Energy Group have been picked to provide services to Total E&P UK.
Shell UK boss: ‘We need to look long and hard at our choices’
Shell is looking “long and hard” at its organisation and portfolio as it works to emerge from Covid and move towards net zero, according to its UK boss.