UK Government update on oil sector deal in ‘weeks, not months’
The oil industry will get an update on its bid for a money-spinning sector deal in “weeks, not months”, the UK’s energy minister said yesterday.
City Region Deal
City deal cash invested in key industries
Major investments have been made to secure long-term economic growth and employment through the Aberdeen City Region Deal, it was claimed yesterday.
Opinion: Sir Ian urges north-east to face future with new mindset
As Europe’s offshore oil and gas capital, our region has a well-earned reputation for enterprise and innovation, but the eventual depletion of North Sea reserves over the next 25 to 35 years gives us a serious long-term economic challenge.
City deal to unlock £825m and generate 3,300 jobs
A £825million “renaissance” of the north-east economy has begun to take shape as the first of the City Region Deal cash arrives in the region.
Sir Ian Wood hails Aberdeen’s City Region Deal as “vote of confidence” at official signing
Industry leader Sir Ian Wood has hailed Aberdeen's City Region Deal as a "vote of confidence" from Westminster and Holyrood in the potential of key industries.
Aberdeen’s new £180M oil and gas tech centre names board members
The search for a chief executive officer for Aberdeen’s proposed £180million Oil and Gas Technology Centre (OGTC) is under way, the body behind the project said today.
North Sea industry and ONE to lead development of oil and gas centre
Opportunity North East (ONE) will work with oil and gas industry leaders to establish Aberdeen as a global centre for offshore technology and development.
Scottish Secretary insists UK Government is here to help
The £250million Aberdeen City Region Deal underlines the UK Government's determination to help the North Sea oil and gas industry through its crisis. At least that was the message from Scottish Secretary David Mundell during a visit to subsea services firm Bibby Offshore in Westhill yesterday.
Vision for Aberdeen of the future amid North Sea downturn
Aberdeen councillors have given unanimous backing to a new vision for the north-east economy for the next 20 years. Members agreed the Regional Economic Strategy at a meeting of the full council yesterday. The plan has been drawn up during a downturn in the North Sea offshore industry and amid tumbling global oil prices.
Sir Ian – City Deal could lead to “renaissance” for Aberdeen
Sir Ian Wood warned yesterday that the north-east faces becoming a “museum” if the region fails to secure funding from the £3billion Aberdeen City Region Deal.