Nova Innovation completes testing on project to reduce tidal cost by 30%
Edinburgh-headquartered tidal energy firm Nova Innovation has announced the completion of a project aiming to reducing the cost of the technology by 30%.
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Xodus Group renewables study hopes to ‘accelarate’ energy transition
Aberdeen-headquartered consultancy firm Xodus Group has revelaed it is undertaking an offshore renewables study designed to "accelarate" the energy transition.
Aberdeen set to host World Energy Cities AGM
The city of Aberdeen is set to host this year's World Energy Cities Partnerships Annual General Meeting (WECP AGM).
Vattenfall issues more than £440m in green energy bonds
Swedish energy giant Vattenfall has announced that it has issued more than £440 million in clean energy bonds to investors.
Hundreds helped in north-east by oil and gas training fund
Hundreds of Aberdonians have been helped by a multi-million oil and gas training fund since it began three years ago, according to a Scottish skills agency.
Awilco win well decom extension with Shell
Westhill-based firm Awilco Drilling has announced a well decommissioning contract extension with Shell.
CCS must be ramped up in north-east after ‘cynical betrayal’, warns MSP
Carbon Capture and Storage (CCS) must be ramped up in the north-east after an investment and jobs promise was pulled in a "cynical betrayal", according to a Scottish MSP.
Saipem increases revenue thanks to new deals
Italian oil and gas contractor Saipem has announced bumper revenues for the first quarter of 2019.
‘Significant’ number of women opting out of energy education, new figures show
A “significant” percentage of women are opting out of the offshore energy sector in Aberdeen, despite an industry push to boost numbers.
Record payments made to Scottish wind farms in March
Payments made to onshore wind farms hit a record high last month.
Wood not ‘too preoccupied’ with share price despite £330m wiped off market value
Energy services giant Wood saw more than £330 million wiped off its market value yesterday, despite results showing a strong financial performance in 2018.
UK shale well production estimated at almost double, UKOOG report
The potential for shale well production is almost double the original reported amount, according to a new forecast from a UK oil and gas trade body.
EY appoints new oil and gas leader
EY, one of the world’s largest professional services firms, has appointed a new global leader for oil and gas.
Brexit unlikely to hit deals
The global outlook of the oil and gas industry means Brexit doesn’t amount to a hill of beans for most buyers and sellers of North Sea assets.
Big wind keeps on churning Vattenfall profits
Swedish wind developer Vattenfall experienced an increase in pre-tax profits for 2018 as big wind developments continued to churn sales.
‘Potential’ Polish partners in offshore wind, Scottish trade minister reveals
Scotland's trade minister has revealed today that he is in Poland to seek "potential partners" for future offshore wind projects.
Cost of smart meter rollout could ‘escalate’ due to misinformation
The increasing cost of the smart meter rollout to households could become "potentially even greater" amid a "real information gap", a consumer group has warned MPs.
Death toll at Czech coal mine explosion grows
The death toll in a methane explosion at a coal mine in the north-east of the Czech Republic has increased to 13.
Marine energy should be ‘prioritised’ in Scot Gov draft budget, trade body says
The Scottish marine energy sector should be "prioritised" in the Scottish Government's draft budget, according to a renewables trade body.
Seadrill looking to revolutionise rig work, according to VP
Global offshore drilling firm Seadrill has introduced a numbers of measures to revolutionise rig work, according to the company's data chief.
McDonnell pledges help for industry
Shadow Chancellor John McDonnell yesterday said he would produce a tax regime that supports the oil and gas industry if Labour wins power at a general election.
Brexit agreement ‘risk’ to north-east renewables talent, warn SNP
The Brexit agreement poses a "risk" to the future growth of renewable energy talent and jobs in the north-east, an SNP spokesman has said.
Arjun Infrastructure acquires Indigo Pipelines from Scottish Equity Partners
SSE-backed investment fund Scottish Equity Partners (SEP) has announced the sale of Indigo Pipelines to asset manager Arjun Infrastructure Partners (AIP).
Stork wins North Sea extension deal with Chrysaor
Fluor Corporation announced today that its subsidiary firm, Stork, has agreed a North Sea contract extension with Chrysaor.
Saipem solidify renewables push as oil spending experiences lull
Saipem SpA is looking beyond black gold, to green.