Aberdeen hit by largest hotel occupancy drop in UK
Aberdeen had the largest fall in hotel occupancy and revenue of anywhere in the UK, new figures have shown.
Aberdeen had the largest fall in hotel occupancy and revenue of anywhere in the UK, new figures have shown.
The long-awaited City Region Deal for the north-east has been announced – and could be finalised within days. Scottish Secretary David Mundell said last night the “full details” of the investment would be revealed “shortly”.
Nicola Sturgeon has called on David Cameron to sign an urgent city deal for Aberdeen to help it through the downturn in the oil industry. The Scottish Government has offered to fund the deal on a 50:50 basis to support innovation, digital connectivity and infrastructure.
Aberdeen food banks are braced for an influx of jobless oil and gas workers seeking food parcels as thousands of jobs are lost in the north east.
DNV GL has moved its staff in Aberdeen to one hub after relocation its offices from another building in the city.
Businesses across Europe’s oil capital have been feeling the pinch since the global decline in oil price.
Amec Foster Wheeler has revealed plans to reduce its pay for workers in Aberdeen by 7.5%.
Trade unions have warned the number of health and safety concerns being reported in the oil and gas sector has declined, amid concerns over job security.
Prime Ministers Questions this week may have been one of the most frustrating sessions ever witnessed by myself and others with ties to the North Sea oil and gas industry. Even when questioned and criticised by MPs in his own party, the Prime Minister has shown a complete disdain and disrespect for an industry which has been politely and urgently asking for his help and the assistance of his government, in coalition or otherwise, for well over a year now.
Aberdeen City Council leader Jenny Laing has said she believes the North Sea oil and gas industry will continue to have a "bright future" despite the continued decline in oil price.
One of the buzz phrases that’s going around just now is ‘lower for longer’.
Job losses could continue throughout much of the year, as more projects are postponed amid the continued low oil price, according to a leading petroleum economist. Professor Alex Kemp of the University of Aberdeen, said the current oil price combined with strong supplies in Saudi Arabia and Russia, was likely to create more pressures on the North Sea.
An Aberdeen MP has written to the Secretary of State for Energy and Climate Change calling for a meeting after BP confirmed up to 600 jobs could be lost from across its North Sea operations.
Downhole tool specialist Peak Well Systems has appointed industry stalwart Neil Poxon as its global business development director.
An Aberdeen MSP has warned the “first-rate” safety culture in the North Sea that emerged after Piper Alpha could be at risk as firms strive to cut costs. The SNP’s Mark McDonald is seeking urgent talks with Deirdre Michie, the chief executive of Oil and Gas UK.
Aberdeen oilfield support services firm First Integrated is set to launch the UK's first product service centre for Monti surface preparation tools.
Austen Russell said MSP Dennis Robertson’s comments about the current state of the North Sea oil and gas industry felt like a “kick in the teeth”. The 38-year-old has been tirelessly looking for work every day since he was made redundant from his job with a pipe lay company last October where he worked as a technical supervisor. He had his first break in the industry 18 years ago when he started out as a well test trainee.
A North Sea platform is believed to have entered its tenth day in shut down as investigations continue into the cause of a gas leak on board the installation. Production was shut down on Marathon’s Brae Alpha platform on Boxing Day after an alarm was raised. It is believed 73 workers remain on board the platform which is about 155miles north east of Aberdeen.
A slump in demand for North Sea offshore flights has hit Bristow Helicopter’s bottom line although sales were underpinned by its contract to run emergency search and rescue (SAR) services for the British government.
Statoil’s decision to delay its Mariner contract with Prosafe has seen the final contract total increase by $55million.
Drivers will be able to fill up on diesel for less than £1 per litre after three supermarket giants slashed prices from today.
Robin Watson will officially assume the chief executive role for Wood Group tomorrow.
A North Sea platform has entered its fifth day shut down as investigations continue into the cause of a gas leak on board the installation. Production was shut down on Marathon’s Brae Alpha platform after an alarm was raised on Boxing Day. Around 73 workers remain on board the platform which is about 155miles north east of Aberdeen.
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