Energy

Energy

GERS figures: Scottish businesses plea for action

Industry bodies have called for action to help businesses grow and become more competitive in light of the latest spending and revenue figures.

Energy 20
Rigs anchor in the Cromarty Firth as the oil downturn bites. Picture: Jeff J Mitchell/Getty Images

Cape looks to better second half after North Sea hit

Industrial services group Cape has seen first-half profits drop as falling demand in the offshore North Sea market weighed down its UK business.

News 5
Secretary of State for Scotland David Mundell. Picture: Isabel Infantes/PA Wire

Brexit: David Mundell admits ‘significant’ issues in oil industry

SECRETARY of State for Scotland David Mundell has met with senior figures from the energy industry as the government prepares to make an exit deal.

News 27
Independent Oil & Gas chief executive Mark Routh. Picture: Contributed

IOG shares hit as Skipper well fails to strike oil

Shares in Independent Oil & Gas (IOG) slid this morning after the firm said an appraisal well at its Skipper discovery in the North Sea drew a blank.

News 6
Talks on resolving the dispute will continue into next week. Picture: Hemedia

‘Constructive’ talks on resolving North Sea pay row

Oil and gas unions have had constructive discussions with the Wood Group in an ongoing dispute over pay, the parties said in a joint statement.

News
Cairn Energy chief executive Simon Thomson. Picture: Contributed

Cairn Energy buoyed by ‘world-class’ Senegal discovery

Oil and gas explorer Cairn Energy has again raised its estimate of how much crude could be contained in its field off the west coast of Africa.

News 2
Wood Group chief executive Robin Watson. Picture: Contributed

Wood Group lands $700m contract as profits slide

Energy services giant Wood Group today reported a plunge in half-year profits as it secured a $700 million (£542m) contract in Kazakhstan.

News 2
Suppliers have been given until Friday to identify how many of their customers are affected. Picture: PA

Hundreds of energy customers overpaid after meter error

Energy regulator Ofgem has ordered utility firms to repay hundreds of customers who have been overcharged up to three times too much for their gas.

News 1
Petrofac's Bridge View offices in Aberdeen. Picture: Contributed

Petrofac finance chief Tim Weller quits for G4S

Oil and gas services group Petrofac has kicked off the search for a new finance chief after Tim Weller said he was leaving to join G4S.

News 4
Shadow Scottish Secretary Dave Anderson is in Aberdeen for union talks. Picture: John Stilwell/PA Wire

Shadow Scottish Secretary Dave Anderson in Aberdeen for union talks

LABOUR’S new shadow Scottish secretary will meet with union representatives from the oil and gas industry in Aberdeen today.

News 1
The deal secured the jobs of all 49 staff at IMES. Picture: Contributed

Jobs saved as buyer found for subsea engineer IMES

Almost 50 jobs have been secured after administrators for subsea engineer IMES found a buyer for the Aberdeen-based company.

News 1
Parkmead said the fields could be 'highly valuable'. Picture: Contributed

Parkmead doubles stake in North Sea oil fields

Oil and gas explorer Parkmead has taken full control of the Marten and Polecat fields in the central North Sea after doubling its stake in the licence.

News 4
After a successful stint with Shell UK, Deirdre Michie now relishes the ongoing challenge of working with trade body Oil & Gas UK.

Interview: Deirdre Michie, chief executive of Oil & Gas UK

Michie has the mighty mission of reviving Aberdeen’s bruised and battered energy sector

Energy
Dan Wright at Heliex in East Kilbride, 
which is now making clean energy solutions for clients around the world. Photograph: John Devlin

The Big Interview: Dan Wright, founder of steam power spin-out Heliex

Dan Wright says his daughter thinks “just about everything” about him is retro, but he jokes that this has its advantages when it comes to his vintage Jaguar E-Type and Aston Martin, “and she doesn’t object to taking them for a spin now and again”.

Energy
Premier Oil said the well had shown 'significant' volumes of oil. Picture: Contributed

Bagpuss not so saggy for North Sea firm Premier Oil

The name may be familiar to television viewers of a certain age as a “saggy old cloth cat”, but a North Sea well called Bagpuss could contain “significant” amounts of heavy oil.

News 1
North Sea workers begin a 48-hour strike. Picture: Danny Lawson/PA Wire

North Sea workers ‘solid as a rock’ on day one of strike

NORTH Sea workers are said to be “solidly” supporting a 48-hour strike in a bitter dispute over pay and conditions.

News
Cononish mine. Picture: Scotgold

Scottish mine expected to produce gold for first time

Its rarity and beauty has long made gold the stuff of legends, with wars raged to obtain it and gold panners of old risking their lives in the stampede to make their fortunes.

Tech 9
Ecosse Subsea will carry out extra trenching work in the Baltic Sea. Picture: Contributed

Ecosse Subsea Systems gets boost from offshore wind

A subsea technology firm has seen a contract to work on an offshore wind farm for ScottishPower owner Iberdrola doubled in size.

News
Oil and gas workers will stage a new 48-hour strike over pay. Picture: Getty Images

North Sea oil workers announce new 48-hour strike

North Sea workers are to stage a 48-hour strike next week in a dispute over their pay and allowances.

News 8
Dundee skyline and River Tay

Dundee firm laid low by oil price fallout

The downturn in the oil and gas industry is being blamed for a Dundee engineering firm falling into administration.

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