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Aberdeen

North Sea

Ewing calls for unity to aid North Sea revival

Scotland's energy minister has called for unity in the battle to put the oil and gas sector on the road to a bright future - and insisted now is not a time for political point-scoring. Fergus Ewing said everyone with an interest in the North Sea industry should pull out all the stops to help it through a crisis caused by the cocktail of rising costs, the collapse in oil prices and a tax regime in need of an overhaul.

Oil & Gas

Deal for Granite City may rake in £1.2billion

The Aberdeen City Region Deal could ultimately be worth £1.2billion to the north-east. The Scottish and UK Governments as well as Aberdeen and Aberdeenshire councils signed off on the historic £250million package of support for the region yesterday.

Oil & Gas

Aberdeen’s City Region Deal ‘almost sealed’

The long-awaited City Region Deal for the north-east has been announced – and could be finalised within days. Scottish Secretary David Mundell said last night the “full details” of the investment would be revealed “shortly”.

Opinion

Opinion: The PM made a mockery of the anxiety so many workers face

Prime Ministers Questions this week may have been one of the most frustrating sessions ever witnessed by myself and others with ties to the North Sea oil and gas industry. Even when questioned and criticised by MPs in his own party, the Prime Minister has shown a complete disdain and disrespect for an industry which has been politely and urgently asking for his help and the assistance of his government, in coalition or otherwise, for well over a year now.

Oil & Gas

Kemp: More job losses inevitable in 2016

Job losses could continue throughout much of the year, as more projects are postponed amid the continued low oil price, according to a leading petroleum economist. Professor Alex Kemp of the University of Aberdeen, said the current oil price combined with strong supplies in Saudi Arabia and Russia, was likely to create more pressures on the North Sea.

Oil & Gas

Aberdeen MSP calls for safety over “cutting costs”

An Aberdeen MSP has warned the “first-rate” safety culture in the North Sea that emerged after Piper Alpha could be at risk as firms strive to cut costs. The SNP’s Mark McDonald is seeking urgent talks with Deirdre Michie, the chief executive of Oil and Gas UK.