Energy

Energy

Edinburgh-based start-up Cognitive Geology wins Shell contract

Cognitive Geology, an Edinburgh-based technology start-up, has secured a $1.2 million (£872,000) contract with oil giant Shell for its geological mapping software.

Tech 1
Diesel fuel is pumped into a car as the oil price hits a three-year high. Picture: Lynne Cameron/PA Wire

Scotland motorists face more pain as fuel price hits three-year high

Drivers face rising fuel price misery after oil hit 70 US dollars a barrel for the first time in more than three years.

News 7

Aberdeen expected to be hit by 5,500 North Sea job losses within 10 years

Aberdeen is facing a long-term downturn in the oil and gas industry, with another 5,500 jobs expected to be lost in the next decade.

Aberdeen & North East 53

Removing North Sea oil platforms ‘could do more harm than good’

North Sea oil platforms should be made clean and safe then left in position, according to an industry expert.

News 1

Ineos unveils legal challenge to Scottish fracking ban

Scotland’s fracking ban is to face a legal challenge from Grangemouth owner INEOS amid claims the move is “unlawful” and a “misuse of ministerial power”.

Politics 197
Experts have a theory to predict when rogue waves might occur which could damage oil platforms

Rogue wave research to help with oil rig design

New understanding of the “dangerous phenomenon” of unusually large ocean waves could help inform the design of oil platforms and other offshore structures, researchers have said.

Environment
Achnacarry Castle, in Lochaber, the scene of a historic gathering of global oil industry leaders in 1928. Picture: contributed

New book traces story of secretive Highlands oil agreement

Long before the offshore boom, Scotland helped to shape global petrol production, finds Tom Peterkin.

News 9
Offshore drilling at a rig, File Picture

Police launch inquiry after gun used to relight North Sea oil flare

Police are investigating after a gun was used to relight the flare on a North Sea platform.

Aberdeen & North East 5
ScottishPower will cut 200 jobs, Photo: Andrew Milligan/PA Wire

ScottishPower to cut 200 jobs

Energy firm ScottishPower is to cut 200 jobs as part of a voluntary redundancy scheme.

News
Operators Ineos said the repair is complete and some customers are now sending oil and gas through the pipeline at reduced rates while pressure is tested. Picture: Michael Gillen

Forties pipeline carrying oil and gas again after crack repair

The Forties Pipeline, which carries 40 per cent of North Sea oil and gas, has partially reopened after a crack in the pipe was repaired.

News
Oil has begun to flow from the Catcher area. Picture: Contributed

Oil starts to flow from North Sea’s Catcher project

The first oil has been pumped from the vast Catcher area in the North Sea, with production set to be ramped up in the new year.

News 109
Public comment will be sought next year after the release of a 'long overdue' report on a state-owned Scottish energy company.

SNP to seek views on state-owned Scottish energy company next year

A public consultation on creating a state-owned, not-for-profit energy company for Scotland will start late next year.

News 6
Industry leaders have rejected claims the North Sea's energy reserves could run out within a decade.

Claims that North Sea gas could run out in a decade labelled ‘poor’

Oil and gas industry leaders have rubbished a University of Edinburgh academic report claiming Britain’s energy reserves could run out within a decade.

Inverness, Highlands & Islands 3
Neil Gordon (right) is the Chief Executive of Subsea UK

Subsea businesses reshape as jobs go and revenues wane

The subsea sector is “weathering the storm” despite a slump in annual revenues and the loss of thousands of jobs over the past three years, an industry study today declares.

News
Wood Group chief executive Robin Watson. Picture: Contributed

Wood ahead of plan with Amec integration

Wood Group, the Aberdeen-headquartered energy services heavyweight, said the integration of Amec Foster Wheeler was progressing ahead of plan as it flagged an underlying profit haul of some $600 million (£450m).

News
Executive Chairman Andrew Scobie

Edinburgh firm unveils pioneering technology for energy sector

A systems design company that set up its global headquarters in Edinburgh earlier this year has unveiled the prototype of technology it says has vast potential for the energy sector, particularly around renewables.

Energy 1
Sparrows Group announces acquisition of wind energy specialist Alpha Offshore Service

Sparrows Group has cemented its position in the renewables sector with the acquisition of Danish wind energy specialist Alpha Offshore Service A/S.

Already a supplier of capital equipment to the wind energy industry, the deal significantly strengthens the groups operations and maintenance capabilities in the sector.

Alpha Offshore provides engineering personnel and inspection services to the energy industry, specialising in the delivery of operations and maintenance, and supervisory and commissioning services to onshore and offshore wind developments.

The company will continue to be run under the same management as a separate entity within the Sparrows Group, ensuring operational consistency whilst also providing them with access to a wider pool of expertise and resources.

Sparrows swoops on Danish specialist

Sparrows Group has bolstered its position in the renewables sector with the acquisition of Danish wind energy specialist Alpha Offshore Service for an undisclosed sum.

News
The Scottish Fiscal Commission has forecast near stagnant economic growth for Scotland. Picture: Ivar Langvik

New player seen as vote of confidence in North Sea future

North Sea industry leaders yesterday hailed the launch of a new exploration and production business as a vote of confidence in the investment potential of the UK Continental Shelf.

News 4

Ineos North Sea oil and gas pipeline to be shut for repairs

The Forties Pipeline, which carries 40 per cent of North Sea oil and gas, is to be shut down to repair a crack in the pipe.

Energy 33

Shell predict healthy future for North Sea oil into 2030s

A senior executive at Shell has predicted a bright future for the North Sea into the next decade and beyond.

Energy 25
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