North Star Shipping gets £40m cash boost to fuel growth
North Star Shipping, the largest offshore support vessel operator in the North Sea, has secured a £40million finance package from Bank of Scotland.
Bank of Scotland
Innovation and exploration offer opportunity for producers West of Shetland
As we bid farewell to 2018 and look ahead to a new year, we take a look at how West of Shetland’s energy industry has fared and what the outlook for the area is in 2019
Oil keeps Westhill as most expensive town to buy a home
Westhill in Aberdeenshire remains the most expensive town to buy a home, according to new research from Bank of Scotland.
There’s more good news for Scotland’s economy – but confidence is sapping under Brexit shadow
Scottish business is enjoying its longest run of expansion in nearly two-and-a-half years but Brexit is casting a dark shadow over future prospects, new studies show.
Latest gauge of Scottish business shows oil and gas bucking the trend
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.
Second morale booster for offshore energy industry
A new Bank of Scotland (BoS) report has highlighted rising confidence in the North Sea oil and gas industry – and slowing job cuts.
Mixed picture for private sector in latest BoS report
New business for Scotland’s private sector grew at an increased pace during May but workforce levels fell for the sixth consecutive month, according to a new report.
32% of oil and gas firms ‘planning more job cuts’, according to Bank of Scotland report
A third of the UK’s oil and gas firms are planning further job cuts this year as a result of a slump in prices, according to a new survey.
Uncertainty over oil causes drop in new orders at service firms
Service companies have experienced a marked fall in new business as a result of uncertainly in the oil and gas industry, according to new research. The latest Bank of Scotland PMI (purchasing managers index) report found that levels of incoming business in the sector declined for the first time in two-and-a-half years in February, with manufacturing also experiencing a fall in new orders for a second successive month.