Energy

Energy

Atlantis to seek backing to extend tidal energy project

Tidal energy firm Atlantis Resources is to call on the UK government to open talks on support to enable it to press the button on the next stage of its world-leading MeyGen project in the Pentland Firth.

News 2

Scotland’s oil industry is entering last decade, warn researchers

The Scottish oil industry is entering its final decade of production - Edinburgh researchers have warned.

Energy 114
Alex Salmond will speak at the event, being run by the University of Dundee's Centre for Energy, Petroleum and Mineral Law & Policy. Picture: John Devlin

Alex Salmond named keynote speaker at renewables event

Former First Minister Alex Salmond has been confirmed as the keynote speaker at a major conference in Scotland looking at the impact on the renewable energy industry following Brexit.

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Tems International MD Bill Walkingshaw, left, with international business development manager Colin Bruce. Picture: Contributed

Aberdeen oil and gas firm Tems strikes key African deal

An independent Aberdeen-based oil and gas service firm that launched earlier this year has secured its first major contract, believed to be worth in excess of £1 million, as it targets further work overseas.

News

Oil and gas production in Scotland rises by 2.9%

The beleaguered North Sea energy sector received a welcome boost today after official figures revealed oil and gas production in Scotland rose by 2.9 per cent between 2015-16 and 2016-17.

Energy 98
Hunterston B nuclear power station in North Ayrshire was commisioned in 1976. Picture: Allan Milligan/TSPL

Hunterston B reactor achieves electricty generation record

One of Scotland’s two remaining nuclear power stations has achieved its longest uninterrupted period of electricity generation in four decades.

Energy
Torridon Mountain Rescue Team member Richard Cockburn accepts cheque from Hans Bunting, Chief Operating Officer, Renewables innogy SE, in the Grudie Hydro Electric scheme power station. Picture: Iain Ferguson/contributed

New hydro scheme awards Torridon mountain rescue team £50k

THE operators of the latest run-of-river hydro scheme in Scotland has donated £50,000 to Torridon Mountain Rescue Team.

Inverness, Highlands & Islands 3

Wood Group gets green light for £2.2bn Amec takeover

Wood Group’s £2.2 billion swoop on Amec Foster Wheeler has been given the green light from Britain’s competition regulator.

News

Tidal power firm Atlantis hits out at funding ‘travesty’

Atlantis Resources, the Edinburgh-headquartered firm behind the world-leading MeyGen tidal energy project in the Pentland Firth, is focusing on overseas opportunities after failing to win subsidy support for an extension to its flagship Scottish project.

News 5
185,000 people have lost their jobs in the North Sea Oil sector

Bob Ruddiman: North Sea energy prospects brightening again

They came, they saw, and they learned that the North Sea is in better shape than it has been for many years and is ripe for renewed investment which will reap significant returns.

Opinion 3
Oil & Gas UK says takeover deals could fuel 'badly needed' investment. Picture: Andrew Milligan/PA Wire

Merger activity could be shot in the arm for North Sea

Nearly $6 billion (£4.6bn) of takeover action flared in the UK oil and gas sector in the first half of 2017 against the uncertain backdrop of a continuing low oil price.

News
WaveLIFT chief Steve Bruce. Picture: Contributed

Stirling pump technology outfit WaveLIFT lands £1m backing

A pump technology firm has secured more than £1 million of funding to develop a system aimed at helping oil and gas firms maximise returns.

News

Q&A: Where the UK stands on North Korea’s nuclear tests

As tensions heighten after North Korea carried out its sixth and most powerful test of a nuclear device, here’s a look at what the UK’s involvement might be if the crisis escalates.

News
The Conservatives have been accused by the SNP of breaking a pledge to appoint an oil and gas ambassador. Picture: Andy Buchanan/AFP/Getty Images)

SNP accuses Tories of breaking ‘oil ambassador’ pledge

The Conservatives have been accused of breaking a high-profile promise to appoint an oil and gas ambassador.

Energy
SSE will use the bond proceeds to refinance its wind farm portfolio. Picture: John Devlin

SSE launches record ‘green bond’ to tackle climate change

Utility giant SSE has issued the biggest-ever “green” bond by a UK company.

News
Petrofac chief Ayman Asfari. Picture: Andrew Shaw

Petrofac slashes dividend in bid to reduce debt pile

Oil services firm Petrofac has slashed its dividend as debts rose by $400 million (£309m) to $1 billion, despite reporting an increase in first-half profits.

News
Analysis suggests that over its 30 year lifetime, the Neart na Gaoithe (NnG) project could generate an economic impact equivalent to 0.6 per cent of Scotlands (GDP

Major wind farm to generate £827m for Scots economy, finds study

A controversial £2 billion wind farm development could generate around £827 million for the Scottish economy, a study has found.

Tech
Researchers applied high pressure to small containers filled with water and methane, thus creating conditions very similar to those found on the ocean floor or on the planets Neptune and Uranus. Picture: Getty

Oil and water can be made to mix under high pressure, say boffins

Oil and water are famed for not mixing, but scientists have now discovered they can be forced to combine under special conditions.

Tech
'The clock is ticking' for some of Scotland's earliest onshore wind farms, says Gary McGovern. Picture: John Devlin

Gary McGovern: Support needed to help wind farms flourish

During 2017 the Scottish Government has been developing its new Energy Strategy to deliver a fully decarbonised energy system by 2050.

News
The deal will see Can Group provide inspection and integrity support service for Apache North Sea. Picture: Contributed

Apache North Sea contract extension secures Can Group jobs

The engineering arm of Can Group has retained a key North Sea contract in a move that secures upwards of 65 jobs.

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