Energy

Energy

EnQuest eyes boost from North Sea’s Kraken project

Oil and gas firm EnQuest is looking forward to a boost in production when its Kraken project in the North Sea comes on stream.

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Petrofac's offices in Aberdeen. Picture: Contributed

Petrofac executive suspended amid fraud investigation

Oil services firm Petrofac has suspended its chief operating officer, Marwan Chedid, following a corruption and bribery probe by Britain’s fraud squad.

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Jim Ratcliffe said the Dong business was 'very important' to Ineos. Picture: Greg Macvean

Ineos in £1bn deal to buy Dong’s oil and gas division

Grangemouth petrochemicals giant Ineos has agreed a deal worth up to $1.3 billion (£1bn) to buy the oil and gas business from Danish group Dong Energy.

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'We see tremendous potential for ClearWell,' said FrontRow Energy Technology chief Stuart Ferguson. Picture: Contributed

Aberdeen energy tech firm buys stake in English peer

Aberdeen-based FrontRow Energy Technology has bought into an English oil and gas technology specialist as it taps into a market that could be worth $700 million (£540m) by 2020.

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The Schiehallion field is expected to produce a further 450 million barrels of oil. Picture: Martin Bureau/AFP/Getty Images

Redeveloped Schiehallion field boosts BP and partners

The first oil from a redeveloped field has been unlocked following the completion of the multi-billion-pound project west of Shetland.

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Shetland oil find 2017

First oil recovered from redeveloped field near Shetland

The first oil from a redeveloped field has been unlocked following the completion of the multi-billion-pound project west of Shetland.

Energy 24
The addition of the Mariner Sentinel to its fleet with create 24 jobs at Aberdeen-based Sentinel Marine. Picture: Contributed

Offshore support firm adds 24 jobs with fleet expansion

A business that owns and operates offshore support vessels for the oil and gas industry has boosted its fleet in a move that will create 24 jobs in its North Sea operation.

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A gas leak was detected on Friday morning at Shell's Brent Charlie platform. Picture: Newsline Scotland

North Sea oil platform shuts down after gas leak

A North Sea oil platform has been shut down following a gas leak.

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Cairn is on track for first oil this year from its Kraken and Catcher projects in the North Sea. Picture: Contributed

Cairn Energy eyes ‘significant’ boost from North Sea

Oil and gas explorer Cairn Energy today said its cash flows were in line for a “significant” boost when two of its North Sea projects come on stream.

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CCL director Paul Brooks. Picture: Peter Devlin

Glasgow renewable energy firm CCL in ‘major expansion’

A Glasgow-based company that ranks as one of the UK’s largest distributors of renewable energy systems is set to expand its headcount after making a key acquisition.

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SSE warned over the 'unintended consequences' of the Tories' planned price cap. Picture: Anthony Devlin/PA Wire

70% of customers affected by energy price cap, says SSE

Gas and electricity giant SSE has revealed that 70 per cent of its household customer accounts would come under the scope of the Conservative’s energy price cap pledge as it warned against the “unintended consequences” of the move.

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Sustainable transport can help Scotland meet environmental targets. Picture: Andrew O'Brien.

Gillian Bruce: Drive to go green is good for business

Our environment provides everything we need to survive and thrive: raw materials, energy, and processes to disperse and break down waste. But the societies and businesses that will succeed in the 21st century will be those which have adapted to use less energy, less raw material and less water, produce less waste and emit less carbon.

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Glasgow aims to become one of Europe's most sustainable cities, said Aileen Crawford of Glasgow Convention Bureau. Picture: John Devlin

New push to encourage green energy events in Glasgow

A new network has been launched in a bid to champion Glasgow’s credentials as a world leader in sustainable business tourism and boost its ability to attract major events to the city.

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The First Minister will deliver the keynote speech at the Oil & Gas UK event. Picture: John Devlin

Nicola Sturgeon to address Aberdeen oil and gas forum

Nicola Sturgeon is to address industry leaders at a major oil and gas conference taking place at Aberdeen Exhibition & Conference Centre next month.

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Deployment of solar power in the UK has been rapid, writes Ronan Lambe of law firm Pinsent Masons. Picture: Contributed

Ronan Lambe: Shining a light on solar power advantages

The recent end to subsidies has resulted in something of a cliff edge for the development of new large scale solar parks in the UK.

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Bowleven is cutting jobs in the UK and Cameroon. Picture: Contributed

Bowleven to slash headcount as fresh exploration ends

Bowleven, the Edinburgh-based oil and gas firm, is to cut its UK headcount by more than two-thirds after deciding not to pursue any new exploration activity.

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A survey by law firm Brodies found 60% of renewables organisations believe the Scottish Government will meet its 2030 'all-energy' target. Picture: Ian Rutherford

Renewables sector groups believe energy goal in sight

A majority of organisations operating in the renewables sector believe the Scottish Government will achieve its 2030 “all-energy” target, according to a new survey.

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Wood Group stressed that full-year trading expectations remained 'broadly unchanged'. Picture: Contributed

Wood Group sees weaker start to 2017 than hoped

Aberdeen oil services business Wood Group has flagged “weaker than anticipated” trading in the new financial year.

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People's Energy co-founders David Pike and Karin Sode. Picture: People's Energy/PA Wire

Ofgem licence for power firm promising profits to customers

A new energy company that aims to give customers control of their gas and electricity has received its Ofgem licence.

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Repsol Sinopec Resources hailed the first oil as a 'major achievement'.
Picture: Simon Price/Firstpix Photography

Oil starts to flow from Shaw field in North Sea

Oil has begun to flow from the Shaw field in the North Sea, part of a wider project aimed at unlocking some 100 million barrels of reserves.

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