Green hydrogen projects, including a number in the north-east, could generate £320 billion for the UK economy and sustain up to 120,000 jobs by 2050, according to a new study.
The oil and gas industries stand on a cliff edge and could take communities in the north-east with them should they fall, council officials have warned.
Global Engineering and Construction (E&C) has “reshuffled” its north-east facilities footprint in an effort to “stabilise” the company amid the Covid-19 and low oil price crisis.
Sir Ian Wood has insisted the north-east’s long-term challenges remain the same but warned the impact of Covid-19 will “almost certainly slow progress” for overcoming them.
Scores of oil and gas representatives met virtually yesterday to discuss the opportunities available to supply chain companies in post-election Guyana.
By Mark Griffin, Hydrogen Market Development Manager for Clean Fuels, BOC
Large-scale hydrogen storage can enable the rise of renewables while bringing benefits to local authorities, transport companies and electricity suppliers.
An offshore safety boss has blamed a local outbreak in Aberdeen for a rise in the number of North Sea workers that have come into contact with people showing symptoms of Covid-19.
Aberdeen shares top spot with Glasgow, Norwich and Slough in a league table of UK towns and cities seeing the biggest month-on-month increase in people claiming unemployment- related benefits.
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.
Oilfield service firm Weatherford has said it made 130 employees redundant in Aberdeen in the first half of 2020 in an effort to get a grip on its costs.