A trio of Aberdeen-based engineers with more than 70 years experience between them have set up their own business after finding themselves victims of the oil price crash.
BP has doubled its stake in the Culzean North Sea gas field as part of the energy giant’s £7 billion investment programme in the region.
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The UK has the highest number of planned project in the North Sea due to start by 2025, according to new analysis by research firm GlobalData.
The number of people claiming out-of-work benefits has soared in the north-east in the wake of the plummeting oil price, new research shows.
For decades it has been the powerhouse of not just the north-east economy, but the UK's as well.
Oil prices are on their way up and there is no new financial crisis about to derail recovery in the global economy, a top banker said on a visit to Aberdeen.
Industry body Decom North Sea (DNS) has appointed a new vice-chair to its board of directors.
Should businesses in the north of Scotland look to the Tees Valley area in England for some guidance on how to triumph over adversity and diversify the economy?
North Sea oil and gas production will collapse as early as 2020 unless the basin sees greater investment, an industry expert has warned.
Oil industry veteran Sir Ian Wood has said it is completely wrong to think that the North Sea oil industry is finished and gave a guarantee that it will return to strong activity within the next five years.
I’ve just taken my last walk-around this year’s Subsea Expo and chatted to some very weary exhibitors who are in the process of dismantling their stands and looking forward to putting their feet up.
The UK oil and gas industry should learn from the car industry how to reinvent itself as a world-class technological leader, a company boss has urged.
The entire oil and gas industry must transform the way it goes about its business if there is to be a viable future.
Offshore union RMT has warned of long-term damage to Britain’s energy industry after BP posted its largest annual loss for 20 years and revealed another 3,000 job losses as it continued to hack back on budgets in the face of global turmoil.
There’s not a quick fix solution to the range of issues currently facing the subsea industry.
The Scottish economy contracted last month as a result of a downturn in the oil and gas industry, according to a new report.
Confidence levels among oil and gas contractors working in the North Sea have hit an all-time low, with a large majority believing job losses will continue over the next year, an industry report has found.
Chancellor George Osborne gave the North Sea oil and gas industry a clear signal that it will have to become its own saviour - by saying nothing about it in his Autumn Statement.
An Aberdeen engineer, made redundant during the recent oil industry contraction, has decided to return to further education as the sector confronts a new reality.