Most US oil job losses in pandemic to remain
Almost three-quarters of the pandemic-driven jobs losses in the U.S. petroleum and chemical sectors may not come back before the end of next year, according to Deloitte LLP.
Spain sets a $10.5 billion goal for green hydrogen
Spain is stepping up its efforts to enter the race to build a hydrogen industry, putting it on par with France and Germany in seeking a greener fuel for heavy industry.
Inverurie-based Cable Solutions Worldwide well positioned to thrive in coming years
“The oil industry has got a terrible habit of playing itself down when in reality it, and Aberdeen specifically, has a load to offer. We’ve been through things like this before and if there was a more positive attitude I think we’d be in a much better place.”
Oil rallies most since May on optimism over Trump recovery
Oil jumped the most since May in New York as President Donald Trump’s prognosis seemed to improve and stirred optimism over the possibility of an economic relief deal in Washington.
Odfjell Drilling awarded major contract for work on Breidablikk field
Equinor has awarded a $290 million (£223m) contract to Odfjell Drilling for work on the 200-million-barrel Breidablikk field in the Norwegian North Sea.
Universal Web Design announces plans to move into clean energy sector creating more than 30 new jobs
Universal Web Design has announced plans to expand its operations in order to support the clean energy sector.
Ørsted targeting food chain decarbonisation with new 100 MW electrolyser plant
Ørsted has teamed up with leading fertiliser company Yara in an effort to speed up decarbonisation of the food value chain.
Hornsea Two wind farm construction commences offshore
Construction of Ørsted’s Hornsea Two offshore wind farm has hit a major milestone after the first significant piece of infrastructure was installed.
Aberdeen University nanotechnology project to boost North Sea gas production
Scientists at Aberdeen University are developing a new production method that could be a “game-changer” for North Sea gas.
Petrodec completes second successful topside skidding as part of Pickerill decommissioning
Decommissioning services firm Petrodec has completed its second major skidding operation with the Pickerill B topside removal.
Construction on Equinor’s Hywind Tampen project gets underway
Construction on what will be the world’s first floating offshore wind farm to power offshore oil and gas platforms has got underway.
Australian-firm Oilex records pre-tax losses of $4.5m
Oilex has said it will continue to “review business opportunities” in high potential areas despite taking a financial hit due to the Covid-19 pandemic.
Communities in Highland and Moray benefit from share of Beatrice Partnership Fund
Communities in the north of Scotland have been awarded more than half a million pounds as part of the latest round of the Beatrice Partnership Fund.
Oil holds decline with demand recovery concerns rising
Oil held its decline near $39 a barrel in New York, heading for the first monthly loss since April, as the world’s biggest trading houses signaled a meaningful recovery in demand is some way off.
Libya’s oil crescent gets back to work as Sarir field opens
Libya’s oil industry continued to revive this week following a truce between the main factions in the OPEC member’s devastating civil war.
Threat of Venezuela sanctions has Reliance buying Canadian crude
Venezuela’s dwindling oil exports were dealt another blow as one of India’s top refiners secured millions of barrels of Canadian crude on concern that the U.S. is poised to step up sanctions against Caracas.
Simec Atlantis posts pre-tax losses of £6.1m for first half of 2020
Simec Atlantis has praised the performance of its tidal and engineering services division after halving its pre-tax losses in a year.
As campaigners we are urging policymakers to sit down with workers to shape policy together
“It's been a bad time for me I must admit, a horrendous time.” That’s how Tony*, a former drilling maintenance supervisor from Dundee, describes the impact this year has had on him as an offshore worker.
Businesses urged to ‘combine expertise’ at launch of new EnergyTech initiative
Sir Ian Wood urged businesses of all sizes to “co-operate, share ideas, challenge themselves and combine expertise” as he launched the new EnergyTech initiative.
Supply chain firm Renewable Parts breaks ground on new centre
Wind turbine renovation specialist Renewable Parts has officially broken ground on its new centre on the west coast of Scotland.
Equinor makes oil and gas discovery in Norwegian North Sea
Equinor has made a North Sea oil and gas discovery that could hold up to as much as 38 million barrels of oil equivalent.
OPITO marks strategic shift with launch of new training standards for renewable energy workforce
Global skills body OPITO has marked a “strategic shift” in the business after it made its first move into the renewable energy industry.
Sweden’s government dodges Green split after oil plans shelved
One of the Nordic region’s biggest oil refineries has halted an expansion that threatened to break up Sweden’s governing coalition, comprising the Social Democrats and the Green Party.
Hornsea Two monopile installation to start next month
Work to install monopiles for what will be the world’s largest offshore wind farm are due to get underway in the coming weeks.
Crown Estate calls time on 2017 Offshore Wind Extensions after six awards in last six months
The Crown Estate has awarded Agreements for Lease (AfL) lans to six proposed offshore wind project extensions in the waters around England and Wales in the last six months.