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Oil & Gas

Deal for Granite City may rake in £1.2billion

The Aberdeen City Region Deal could ultimately be worth £1.2billion to the north-east. The Scottish and UK Governments as well as Aberdeen and Aberdeenshire councils signed off on the historic £250million package of support for the region yesterday.

Oil & Gas

Scottish Government approves Statoil’s Hywind project

Plans to build the world’s largest offshore windfarm off the north-east coast have been approved. Norwegian energy giant Statoil will erect five 600ft turbines tethered to the bed of the North Sea, 15 miles from Peterhead. The Scottish Government has today granted the firm a marine licence, allowing construction work on the huge structures to begin.

Other News

IMES Marine Safety Systems invest £250,000 in upgrading quayside facility

IMES Marine Safety Systems (IMES MMS) has invested £250,000 in upgrading its quayside facility at Montrose Port. The company, has been leasing the site from the Montrose Port Authority (MPA), has opened a new workshop and warehousing facility in a bid to increase its customer coverage. The 20,000 square foot quayside facility will allow IMES MMS to provide support vessels for lifesaving equipment inspections combined with lifting inspection and testing, marine inspectionsm and winch spooling operations.

Renewables/Energy Transition

Trump takes offshore windfarm battle to Supreme Court

United States Republican presidential candidate Donald Trump is staging the latest round of a legal fight against an offshore wind farm project near a Scottish golf resort he owns. Scottish Government ministers approved proposals for an 11-turbine scheme off the Aberdeenshire coast in 2013. Billionaire businessman Mr Trump, president of The Trump Organisation, is against the plan and says the wind farm will spoil the view from his luxury golf links at the Menie Estate.

Oil & Gas

Fabritech spin-off up and running in Aberdeenshire

Two north-east businessmen have launched a new engineering firm targeting the subsea, drilling and renewable-energy sectors. Stuart Mackie and Innes Smith, managing director and engineering manager respectively at Aberdeenshire manufacturing and fabrication company Fabritech UK, have invested more than £500,000 in machinery, tooling and software for their new venture. They have called it Engineering Solutions and Rental (ESR) and initially based it at Fabritech’s headquarters at Insch Business Park.

Renewables/Energy Transition

Windfarm owners lodge plans for more turbines

Plans to expand one of Aberdeenshire’s biggest windfarms have been lodged. The owners of Glens of Foudland, near Huntly, first unveiled plans to add another nine turbines to their existing 20-mast development last year. After a public consultation revised plans for seven 328ft turbines have now been submitted to Aberdeenshire Council.


Opinion: We must be careful not to overreact

Once the details of the summit are announced, Aberdeenshire Council will make sure it is fully involved. The oil and gas industry is incredibly important, not only to the North East economy, but to the economy of Scotland and the rest of the UK. We have established good working relationships with the private sector over many years and understand the challenges facing the energy industry today. The area benefits when oil prices are high, but this also brings challenges impacting on house prices and affecting the local recruitment market. It’s important that we consider the impact of falling oil prices, the likely effect on the economy and steps we can collectively take to support the industry.