The European Union is investing one billion euros into commercialising a new material that they believe could change the world. Graphene – which is as thin as paper but as strong as steel – could revolutionise technology and have a major impact on aging oil and gas installations.
The boss of oil giant Chevron has said it will be business as usual tomorrow – regardless of the referendum result.
Subsea engineering and training firm Jee has been awarded a three-year contract renewal from BP with potential value in excess of £4.5million.
Independent oil and gas explorer Hurricane Energy has announced that its Lancaster well West of Shetland could flow twice as much oil as previously expected.
A three-dimensional visualisation firm founded in Aberdeen has made £1million profit in the first half of the year.
A north-east businessman has become one of Scotland’s richest people after selling his company to a global supply-chain giant for £320million.
An Aberdeen engineering firm has just completed its own space mission. Imes, which has its HQ in the Granite City, has developed a sophisticated piece of technology that can play a key role in satellite launch operations. The firm was awarded a contract to develop and manufacture complex equipment which accurately weighs new satellites during the critical fuelling process. According to the firm, the technology used in the aerospace contract can be applied to a series of oil and gas projects, including monitoring systems, line tension meters and subsea electrical testing.
Building work on new hydro schemes which will power 2,000 Highland homes has begun. Hydro specialist Green Highland Renewables is developing three separate schemes near Achnacarry.
An offshore worker who died while working on a North Sea platform has been named by police.
More than £5billion was wiped off the stock market value of oil giant BP yesterday after a judge ruled that the oil giant was “grossly negligent” in the run-up to the Gulf of Mexico disaster.
BP asked a US court to fire the lawyer tasked with paying out compensation to people affected by the 2010 Gulf of Mexico oil spill, saying he had not disclosed an alleged conflict of interest before taking the job.
BG Group has become the latest big industry player to back a joint venture which aims to prevent a repeat of the Deepwater Horizon explosion in the North Sea.
The Swedish Navy is to use new technology developed by a north-east firm.
French oil giant Total has denied reports that the £800million Shetland gas plant will not be completed until next year.
North Sea oil workers at Marathon Oil are considering industrial action after bosses cut their satellite television and daily newspaper subscriptions.
The Scottish Government has granted a controversial windfarm planned for Aberdeen Bay the final planning consent it needs.
Oil giant Talisman Sinopec has launched a legal challenge against Health and Safety Executive criticism of one of its platforms.
Aberdeen-based upstream oil and gas executive search firm Diamond Cooper has announced plans to expand into London.
One of the biggest gas projects west of Shetland is expected to be delayed until next year, it has emerged.
The North Sea platform where two workers died following a major gas release is at the centre of a fresh safety scare, the Press and Journal can reveal.
The Scottish Government will today launch a blistering attack on the UK Government’s alleged “mismanagement” of North Sea Oil.
An Aberdeenshire oil firm’s has bought a major stake in a Nigerian oil field.
Business software specialist Codify has announced contract wins with a combined value in excess of £500,000.
GDF Suez has a new man at the helm of its North Sea business.
Independent oil producer EnQuest has achieved a major safety milestone after recording a total of 11 years without a lost time incident (LTI) across three of its North Sea producing assets.