‘No-deal’ Budget prepared
Philip Hammond has warned that the UK economy will have to strike out in a “different direction” if the Government is unable to agree a Brexit deal with Brussels.
Brexit
Brexit won’t be a problem for North Sea SMEs, claims entrepreneur
The founder of an Aberdeen company specialising in offshore safety technology believes Brexit “won’t matter” for the business of small and medium-size enterprises (SMEs) based around the North Sea.
Brexit stockpiling will have ‘negative economic impact despite initial boosts’
Stockpiling ahead of Brexit could boost Scotland's economic growth in 2018-19 but the measure will have a negative effect in the medium term, the Scottish Government's top economist has said.
Not enough UK seafarers to staff offshore response vessels in ‘hard Brexit’, warns ERRVA
There will not be enough UK seafarers to maintain the North Sea’s offshore support vessel fleet in the event of a hard Brexit, according to an organisation for ship operators.
Aberdeen faces ‘bleak future’ post-Brexit, new figures show
Aberdeen faces a “bleak future” after Brexit after new figures showed that nearly £65 million in EU funding has been given to city council projects over the last decade, it was claimed yesterday.
EU energy contracts ‘may be compromised’ in case of ‘no deal’ Brexit
A new plan put forth by the Department of Business, Energy and Industrial Strategy (BEIS) has warned that some energy contacts with EU countries "may be compromised" in the case of 'no deal' with Brussels over Brexit.
Richest Brits too nervous about Brexit to invest sustainably
The UK’s richest citizens are so worried what Brexit will do to their portfolios that they are steering away from more unconventional green investments.
SNP put independence before North Sea oil, Rennie says
The SNP is being challenged to "get off the fence" and back calls for a referendum on the terms of Brexit.
No impact on UK licensing regime from ‘no deal’ Brexit
A “no deal” Brexit will not impact the UK oil and gas sector’s licensing regime, but would alter obligations for emergency stores, the government has confirmed.
SNP demands freedom of movement over North Sea Brexit warning
The SNP has called on the UK Government to ensure freedom of movement post-Brexit following a warning it could lead to the shutdown of North Sea platforms.
Hard Brexit ‘could lead to platforms being shut down’ warns Oil and Gas UK
A “hard Brexit” could lead to the shutdown of North Sea oil and gas platforms, Oil and Gas UK has warned.
Jeremy Cresswell: ‘Brexit a disaster in the making’ for North Sea
READ: Hard Brexit 'could lead to platforms being shut down' warns Oil and Gas UK.
Hey Siri – what would a ‘no-deal’ Brexit mean for the UK oil and gas industry?
The discussion around hard Brexit, soft Brexit, divorce bill, transition arrangements, new trade deals and the Chequers Brexit plan is now rapidly turning into a bewildering array of statements, claims and counter claims.
No-deal Brexit ‘hugely damaging’ to north-east, Clark says
The UK’s business secretary warned yesterday that exiting the EU without a deal would be “hugely damaging” to the north-east.
VIDEO: Expert discusses Brexit ‘uncertainty window’ for North Sea
Access to Europe is “absolutely critical” to the North Sea as Brexit approaches, according to an industry expert.
Call for clarity on EU oil workers’ status following Brexit white paper
There has been a call for clarity on the status of EU workers in the oil and gas sector after a Brexit blueprint was published by the UK government.
No deal Brexit could trigger electricity shock for NI
Northern Ireland could face an energy crisis if the UK crashes out of the EU without a withdrawal deal, according to reports.
Aberdeen firm undergoes intensive audit to Brexit-proof itself
Aberdeen-headquartered energy service firm Monitor Systems didn’t invent the rainy day, but they feel like they’ve invested in the best umbrella.
Brexit uncertainty could lead to North Sea ‘missed opportunity’
Uncertainty surrounding Brexit could result in a "missed opportunity" for the North Sea oil and gas industry, MPs have been told.
Retirements and Brexit workforce barriers among key concerns for sector, Energy Institute says
High numbers of retiring staff and lack of access to skilled labour as a result of Brexit are key challenges facing the energy sector, according to a think tank.
No Brexit for energy as UK set to draw more power from EU
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Scotland EU negotiator warns of fuel shortage in no deal Brexit
The minister for UK negotiations on Scotland’s place in Europe, Michael Russell, has warned of potential fuel shortages post-Brexit if politicians fail to reach a deal.
MEP warns north-east at most risk from Brexit
An MEP has issued a fresh call for Labour to act to protect the north-east economy from being battered by Brexit.
Plans for short stays for foreign workers
Overseas staff would be able to work in Britain for up to six months without applying for a visa under new proposals.
£145million customs charges for offshore sector pushed back by a year
Customs charges for the offshore industry worth up to £145million which were set for to start in July have been pushed back by nearly a year.