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The Moray East offshore wind farm near Fraserburgh is generating an annual spend of more than £100 million, according to a new study.
Wood has secured a contract from Emirati chemicals company TA’ZIZ to provide PMC to develop the UAE’s first methanol production facility.
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The UK has been producing oil and gas for half a century. And despite some thinking that BP kicked things off in the North Sea, it was an obscure North American exploration company that first got ...
A preliminary report into a fatal helicopter crash offshore Norway has identified the autopilot system of the Sikorsky S-92 as a factor in the accident. 61-year-old nurse and Equinor employee ...
The first wave of redundancies has been announced to workers at Grangemouth as Petroineos closes down Scotland’s only oil refinery. The firm is set to cut 400 jobs at the site over the next ...
Energy sector and industrial firms react to £2bn HyNet carbon capture confirmation While the energy sector welcomed confirmation of HyNet, the backers of the Acorn CCS project warned Scotland ...
Japanese firm Sumitomo Electric held a ground breaking ceremony for its £350 million subsea cable factory on the Cromarty Firth after it was named as a Sumitomo Electric begins construction of a ...
The Solong collided with the Stena Immaculate in the North Sea two weeks ago. The Solong cargo ship involved in a collision with an oil tanker in the North Sea will be towed to the Port of Aberdeen.
Chancellor Rachel Reeves has set out plans to remove the “unjustifiably generous investment allowances” oil and gas firms receive through the energy profits levy. Labour has stuck to its guns ...
Aerial view of Sizewell C plans. By contrast to the Sizewell C RAB method of financing, Hinkley Point is financed through a contract-for-difference (CfD) scheme. The project secured a fixed price ...
Shares in Petrofac (LON: PFC) have declined by more than 30% since markets opened today as the company struggles with its debt load. As of publication, shares in the company were trading at 15.2 ...
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