Aberdeen business leaders have condemned the Scottish Government's new energy plan as a "breathtaking betrayal of one of Scotlandโs biggest industries."
A new survey has highlighted a โsignificant improvementโ in confidence levels among North Sea oil and gas contractors who are also increasingly looking to weigh in for the energy transition.
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.
The Scottish Fiscal Commission has warned that the economic impact of the outbreak could be more severe in Scotland than the rest of the UK due to the predominance of the tourism and oil and gas industries.
By Amanda McCulloch, managing director, Thorpe Molloy McCulloch
Despite a weakening global economic outlook, I believe we are working in a local business environment of pragmatic optimism. Sustained recovery in the oil and gas sector, technology innovation and diversification activities are contributing to business growth and new employment opportunities.
A new study into the health of the North Sea oil and gas industry has revealed growing levels of confidence and an increasing number of firms gearing up for the energy transition.
By Jean Morrison, chair, Aberdeen Renewable Energy Group
Given Aberdeenโs long-established position as Europeโs leading energy hub and its global reputation for energy project delivery, the energy transition is set to have a major impact on the local supply chain.
Incoming changes to contractor rules could help retain skilled workers in the North Sea, the Aberdeen and Grampian Chamber of Commerce (AGCC) has said.
An Aberdeen business leader has said the north-east โdeserves betterโ following the Scottish Budgetโs โglaring omissionโ of a vital ยฃ200million railway project.
A looming skills shortage in the north-east oil and gas sector has been highlighted in the latest industry survey from the Aberdeen and Grampian Chamber of Commerce (AGCC).
A global expert has claimed Aberdeenโs diversification and regeneration is โpaying dividendsโ as it was announced ยฃ8.4 billion of public and private investment is due to be delivered to the north-east before 2030.
The oil capital of Europe may have weathered the storm of a collapse in the price of Brent crude but a recent upturn in business could lead to some tricky mergers ahead, it has been warned.
The value of exploration and production activity across the UK Continental Shelf (UKCS) continues to rise with firms also now equally optimistic about the North Sea and international markets for the first time since 2013.