‘Commercial pressures’ drive loss for Babcock’s UK offshore businesses
Helicopter operator Babcock has said “continued commercial pressures” saw its UK offshore oil and gas business swing to a loss last year.
Aberdeen
New premises for Vulcan Completion Products after £12m contract wins
Fledgling energy services company Vulcan Completion Products (VCP) has grown its Aberdeenshire office footprint after winning new work worth about £12 million this year.
Oil and gas support services bring £2.2bn to Scotland’s marine economy
New figures show support services for the oil and gas industry are leading Scotland's marine economy.
Elevating industry through energy transition
We are seeing a significant increase in the rate of transition from a high-carbon to low-carbon energy system.
Aberdeen infrastructure investment pipeline takes £1.7bn leap
The total sum of cash earmarked for infrastructure projects in and around Aberdeen between now and 2030 has rocketed by £1.7 billion to more than £10bn during the past year, new figures show.
Aberdeen needs ‘foresight’ to adopt FinTech
Within central Scotland, financial technology, or FinTech, is seeing a surge of growth, with new enterprises launching, international firms moving to Scotland and established technology firms developing new FinTech products.
Wood wins £16.2m chemicals contact in US
Aberdeen-headquartered energy services firm Wood has won a £16.2million for work at chemical manufacturing sites in Louisiana and Mississippi.
Doug Duguid returns as EnerMech CEO
EnerMech co-founder Doug Duguid has returned as chief executive of the firm after the incumbent boss had to step down.
Aberdeen software firm toasts 30% growth after completing Oceaneering project
An Aberdeen software developer is toasting business growth of 30% after completing a major project for Oceaneering.
Total aims to cut £11.6bn decom bill with Aberdeen-developed tool
French energy giant Total has said a new tool developed in Aberdeen represents a “significant opportunity” to slash its $14.3bn (£11.6bn) global decommissioning bill.
Lack of teachers limiting Stem choices for pupils
A chronic shortage of specialist teachers is preventing some north-east pupils from taking the Stem (science, technology, engineering and maths) subjects they are passionate about.
Senior economist to help Aberdeen firms navigate Brexit
A senior economist at one of the world’s biggest professional services firms will visit Aberdeen next week to help north-east firms navigate Brexit.
EY relocating its 170 staff to prestige Aberdeen office scheme
One of the world’s “Big Four” professional services firms is to move its Aberdeen business from the west end into prestigious new offices in the heart of the city.
City ‘lagging behind over electric charging points’
Calls have been made for a £2 million boost for electric car charging points for Aberdeen – amid claims the city is “lagging behind” neighbours.
EnerMech makes European expansion a ‘top priority’ with new director
Aberdeen-headquartered EnerMech said it is making European expansion a “top priority” with the appointment of a new director.
Public to get £350m harbour expansion preview as TechFest 2019 draws to a close
Members of the public will get a behind-the-scenes look at the £350million Aberdeen Harbour expansion this week, as a major festival draws to a close.
EV Private Equity eyes sales to reap rewards of oil and gas investments
EV Private Equity (EVPE) plans to reap the rewards of its investment in the oil and gas sector through a number of sales later this year.
Couple buy Aberdeen rope access business
North-east husband and wife team Ally and Lynn Coull have snapped up the rope access training arm of Talon NDT Aberdeen.
Video: Hundreds gather in Aberdeen city centre for climate change protests
Hundreds of people have gathered in Aberdeen city centre to take part in the global climate change protests.
Sentinel Marine hires raft of recruits ahead of new vessels being delivered
Sentinel Marine has hired fresh recruits into the industry ahead of delivery of four new North Sea vessels by the end of next year.
STC Global reports 80% growth as it targets £2.4million turnover
Aberdeen-headquartered STC Global has reported 80% company growth this year, with a turnover of £1.8 million.
Unique Group expands Aberdeen facility as part of multi-million pound investment
UAE-headquartered Unique Group has expanded its Aberdeen base by 50% as part of a multi-million pound investment programme.
Dolphin Drilling hails ‘rebirth’ establishing Aberdeen as international HQ
Dolphin Drilling has hailed its “rebirth” after going debt-free and picking Aberdeen as its international headquarters.
Cities will drive the energy transition agenda, Lord Provost says
Cities will be the key drivers of change in the transition to a low-carbon economy, Aberdeen’s Lord Provost said yesterday.
Aberdeen’s destiny as global energy capital in its own hands
Aberdeen’s destiny as a global energy capital of the 21st Century is very much in its own hands. But to fulfil this destiny it must heed the lessons of history.