Joint venture between Petrofac and SOCAR secures £77m contract with BP Azerbaijan
A joint venture between UK-headquarterd energy services firm Petrofac and Azerbaijan’s state oil company has secured a £77 million contract with BP Azerbaijan.
Aberdeen-based risk consultancy firm Marex offers support to small businesses and charities
A marine and risk consultancy firm is offering struggling businesses in the north-east a helping hand to try and support them through the pandemic.
Borr Drilling appoints Patrick Schorn as new chief executive
Borr Drilling has appointed Patrick Schorn as its new chief executive officer, succeeding Svend Anton Maier who will remain with the company as a special adviser.
Shetland firms encouraged to sign up for Open4Business Highlands and Islands online resource
Shetland firms interested in securing work on a major wind farm project are being encouraged to register on a website used by large companies to publicise tenders.
I3 Energy to sell soon-to-be-acquired Canadian assets in deal worth £25m
Oil and gas explorer i3 Energy has agreed a deal to sell part of its soon-to-be-acquired assets in a deal worth £25 million.
UK Government announces plans to quadruple offshore wind power by 2030
The UK Government will conduct a review of current energy infrastructure at sea as it sets its sights on expanding offshore renewables.
Lack of local authority resources could create ‘barrier’ to onshore wind
Leading figures in onshore wind have voiced concerns that a lack of resources for local authorities could create a “barrier” to renewable projects.
Stakes in Simec Atlantis plummet after firm announces plans to issue 50m new shares
Shares in Simec Atlantis Energy, which operates the MeyGen tidal array in the Pentland Firth, plummeted today.
Logan Energy secures £2.25m contract to build hydrogen refuelling stations in Teesside
Logan Energy has won a £2.25 million contract to build two new hydrogen refuelling stations (HRS) in the north-east of England.
US Tech Entrepreneur Tom Siebel to give keynote at ENGenious Online 2020
A world leader in artificial intelligence (AI) and software development will give the keynote address at the ENGenious Online 2020 conference next month.
New Petrofac and Storegga partnership goes ‘above and beyond’ collaboration on Acorn project
Energy services firm Petrofac has signed a Memorandum of Understanding (MoU) with Storegga Geotechnologies in an effort to drive new clean energy developments.
UKCS activities can deliver 60% of country’s decarbonisation targets
The UK continental shelf (UKCS) has a “significant role” to play in helping governments achieve their net zero targets in the coming decades, a new report said.
OGUK partners with skills body to offer support to redundant oil and gas workers
The leading representative body for the UK’s offshore oil and gas sector has partnered with Skills Development Scotland to signpost support for oil and gas workers impacted by redundancy.
Petrofac shares details of potential upcoming contracts
Petrofac has shared details of a number of contracts that will potentially be put out to tender over the next year.
Surrey University to develop battery technology capable of capturing CO2 emissions
Scientists at Surrey University are to begin work on a new lithium-ion battery technology that could be capable of capturing carbon dioxide emissions.
North Sea operators expected to adopt hybrid working practices
A leading IT expert expects North Sea oil and gas operators to adopt a hybrid of traditional and new working practices post Covid-19.
Crown Estate Scotland launches £750,000 fund to drive green recovery in coastal communities
A new fund designed to support local regeneration and drive green recovery around Scotland’s coast post Covid-19 has been launched.
Innovative scarecrow system deployed to battle issue of seabird droppings offshore
An innovative scarecrow system could help tackle the foul issue of seabird droppings on offshore wind farms and platforms.
Final milestone for Shetland HVDC link complete following appointment of main contractors
Work to install a huge power link cable between Shetland and the Scottish mainland is expected to get underway later this month after the main contractors were appointed.
Concerns around offshore maintenance backlog due to Covid-19 pandemic
Safety leaders have voiced concerns that a backlog of maintenance work may have built up offshore during the Covid-19 pandemic.
Production efficiency on UKCS hit Holy Grail of 80% for 2019
Oil and gas bosses have praised the industry’s “continuing efforts” after production efficiency on the UK Continental Shelf hit the Holy Grail of 80% last year.
Repsol Sinopec says remote working has ‘improved performance’
Bosses at Repsol Sinopec Resources UK (RSRUK) are looking to push on with remote working practices after seeing an “improvement in performance” during the Covid-19 lockdown.
Scottish Renewables report lays out positive impact of green developments on rural communities
The installation of a major undersea cable in the Highlands contributed an estimated £4.5 million to the local economy.
Saipem to downsize investment plans after losses of £644m
Saipem has confirmed it will “considerably” downsize its investment plans after posting pre-tax and interest losses of £644 million for the first half of this year.
Retaining start-ups in north-east will have “transformational” effect on jobs in energy industry
Encouraging start-up companies to remain in the north-east will have a "transformational" effect on jobs creation in the energy sector, according to an industry expert.