Global interest expected in Santos Dorado sale

Santos is seeking buyers for a 20-30% stake in its large Dorado oil project and Bedout exploration portfolio offshore western Australia estimated to be worth up to $200 million. Significantly, there is expected to be global interest in the sales process, which could be particularly appealing for Asian national oil companies (NOCs).


Opinion: Letting opportunity slip away

When an individual as astute as Lord Browne of Madingley is prepared to stand up at one of the world’s leading oil & gas conferences and basically tell Big Oil that the time has come to evolve from petroleum to energy by taking on the low carbon challenge, it really is time that Aberdeen woke up.

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Aberdeen to move away from ‘oil tourism’

Aberdeen is going through a “period of reinvention” to move away from a reliance on visitors linked to the oil and gas sector, a tourism expert said yesterday. Andrew Martin, director of the Scottish Centre of Tourism at Robert Gordon University’s Aberdeen Business School, said efforts were being made to develop hospitality niches in the north-east, such as golf tourism and the whisky and castle trails. Any hopes of replacing lost income from the energy industry were “un-realistic”, he added. Steve Harris, chief executive of tourism body Visit-Aberdeen, said the Granite City’s weekend visitor market was holding up well, with numbers higher “than before”, while plans to create a single marketing organisation for the north-east would boost them further. Mr Martin and Mr Harris were speaking after a new study revealed yet more hardship for hotels in Europe’s energy capital, as low oil prices drive custom away.

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Plans by Global Energy for harbour rejected by Scottish Government

Global Energy, who own the Nigg Fabrication Yard, have had their plans for their own harbour rejected by the Scottish Government. They had put forward plans to create their own harbour at the entrance to the Cromarty Firth. However the Scottish Government threw out the bid on a legal technicality.

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Chairman of Aberdeen Harbour Board keen to deliver new facilities despite oil price drop

The Aberdeen Harbour Board’s newly-appointed chairman has said he expects his new role to be “challenging and exciting” and pledged his support for the port’s expansion plans. Incoming chairman Alastair Mackenzie, a former regional director at risk management group Achilles, takes over from Chris Lloyd, who was chairman for the previous four years and a member of the board for six years in total.