Aberdeen

Aberdeen

Dog in charge of protecting Queen at Balmoral retires

Her bark may have been worse than her bite, but Patch, the springer spaniel who helped guard the Royal Family during visits to 
Scotland, is retiring after nine years of loyal service.

UK 1
Colin Parker is retiring after 30 years with Aberdeen Harbour Board. Picture: Contributed

Aberdeen Harbour boss to retire after 30-year stint

Colin Parker, the chief executive of Aberdeen Harbour Board, is to retire after three decades with the team.

Transport
Wood Group is 'cautious' on the near-term outlook for the oil and gas market. Picture: Contributed

Wood Group earnings hit by tough oil and gas market

Oil and gas services giant Wood Group is bracing itself for another tough year in the North Sea after reporting a slide in annual profits.

News 3
Edinburgh saw an 8% rise in sales at the top end of the market, but Aberdeen suffered a 44% slump. Picture: Scott Barbour/Getty Images

Edinburgh bucks decline in £1m-plus home sales

The number of house sales valued at £1 million and above dropped by 6 per cent last year, according to data from property group Rettie & Co.

Markets Economy 2
The deal includes student housing schemes in Aberdeen, Edinburgh and Glasgow. Picture: John Devlin

Unite sells student housing sites in £295m deal

Unite, the student accommodation developer, has sold off 13 properties to fund manager Brookfield in a £295 million deal that includes several sites north of the Border.

Companies
Is it too early to call the bottom of the shipping market? Picture: Craig Stephen

Ed Watt: Braving choppy waters of oil-related shipping

As some might say, it is an ill wind that blows nobody any good.

News
Major deals included Edrington taking up space at 100 Queen Street in Glasgow. Picture: Contributed

Office market in rude health despite lack of supply

Demand for office space in the Central Belt remains high, while the Aberdeen market shows some signs of recovery, a new industry snapshot indicates.

Markets Economy
Aberdeen has seen its fortunes ebb and flow with the global oil market but the new technology centre initiative could provide some welcome stability. Picture: Ian Rutherford

Technology hub ushers in new era for oil sector

As the official opening of Aberdeen’s new Oil & Gas Technology Centre takes place, Scott Reid looks at how it hopes to raise the bar on industry innovation.

News
Sabre specialises in safety services for the oil and gas sector. Picture: Hamish Campbell

15 jobs saved as buyer found for Sabre Safety

Administrators have found a buyer for oil and gas safety services specialist Sabre Safety, securing 15 jobs at the Fife-based company.

News
Future-proofing your business's viability needs to begin today

Is your firm ready to reach for the stars?

The future isn’t just on the horizon, it’s up in the cloud – and bright businesses need to catch on quick.

Promoted content
A recovery in the oil price and new sources of capital give grounds for 'cautious optimism', according to EY. Picture: STF/AFP/Getty Images

Oil and gas companies must look ‘beyond efficiency’

A new report from business services giant EY says decommissioning work and private equity could drive oilfield services recovery, writes Martin Flanagan.

News
FirstGroup's revenues have been boosted by the pound's slump against the dollar. Picture: Michael Gillen

FirstGroup on track despite tough bus and rail trading

FirstGroup, the Aberdeen-based transport giant with a big presence across the Atlantic, said a Brexit boost from the weak pound was helping to keep it on course for full-year targets.

Transport 3
Delek's bid has been unanimously recommended by Ithaca's board. Picture: Danny Lawson/PA Wire

North Sea explorer Ithaca agrees to £517m takeover

North Sea-focused oil and gas group Ithaca Energy has agreed to a takeover bid from an Israeli suitor that values the firm at C$841 million (£517m).

News
Rosalie Chadwick says the North Sea is poised for a 'period of productive M&A activity'. Picture: Andrew Milligan/PA Wire

Rosalie Chadwick: Plenty of life left in the North Sea

The announcement this week that Chrysaor is to acquire more than half of Shell’s North Sea assets in a $3.8 billion deal is welcome news that potentially heralds a new phase in the life of the UKCS.

News 4
Scotland has some of the UK's highest rental yields, according to Rettie & Co. Picture: Ian Georgeson

Matthew Benson: Rental sector built on solid foundations

The private rental sector, often referred to as PRS, has grown at an incredible rate in recent years – to the extent that industry commentators now agree it will come to be seen as one of the single largest defining factors of the Scottish housing market in the 21st century.

Companies 1
Scottish Ballet will visit Minneapolis in April for a staging of Matthew Bourne's Highland Fling. Picture: Andy Ross

Travel group wins key role in Scottish Ballet US tours

A corporate travel business with offices in Edinburgh and Aberdeen has been reappointed by Scottish Ballet to take care of all its transport arrangements for its American tours later this year.

Media & Leisure
Ian Knott, advisory director at Grant Thornton. Picture: contributed

Slide in profits at top private companies

There was a drop in profits and staff numbers among the top Scottish private firms last year, but the beleaguered energy sector showed welcome evidence of recovery, according to data published today.

Management
Dunnottar Castle, near Stonehaven. Picture: submitted

Scottish Travel Itineraries: Aberdeen and North East

The north east of Scotland is famous for many things: majestic castles, vibrant wildlife, top-notch whisky, and much more. If you want to discover Aberdeen and the surrounding country for yourself, take a look at our special holiday itineraries for ideas and inspiration.

News
Bruce Stevenson chief executive Edward Bruce, left, and commercial director Andrew Adam. Picture: Contributed

Growth pays off as turnover rises at Bruce Stevenson

Insurance brokerage Bruce Stevenson has reported a double-digit hike in turnover during a “fruitful year” for the Edinburgh-based firm.

Financial
Donald Trump's victory saw investor sentiment stall, according to Aberdeen Asset Management. Picture: Evan Vucci/AP

Aberdeen says Trump victory dented investor confidence

Donald Trump’s victory in the US presidential election has dented investor sentiment according to Aberdeen Asset Management, which today reported a decline in its total funds.

Financial 5
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