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Lerwick: Port with proven track record

Lerwick Harbour’s strategic location has been the building block for its huge contribution to the development of east Shetland Basin oil fields over the past 50 years.

Oil & Gas

2016: The year of Total’s Laggan-Tormore

2016 saw Total's Laggan Tormore finally come on stream. It was first for West of Shetland exploration.  After years of delays and overspend, the landmark development produced first gas. But celebrations were later tempered by a pay dispute. See Laggan Tormore's year in review and find out everything you need to know about the milestone project below.

Oil & Gas

Dong Energy overcomes oil and gas woes to post 70% profit rise

First half profits went up at Dong Energy (CPH: DENERG) as the Danish group’s thriving offshore wind business offset a drop in revenues from oil and gas. Dong Energy’s income from oil and gas fell by £20million to £280million, a slump which would have been worse had production not started up from the Laggan-Tormore gas project west of Shetland in February. Group revenues fell 7% to £3.95billion, though pre-tax profits shot up to £990million from £570million.

Oil & Gas

Exclusive: Petrofac facing legal dispute over Laggan-Tormore bonuses

Petrofac is facing a legal battle over claims it has withheld hundreds of thousands of pounds in bonus payments from workers on its gas plant in Shetland. Contractors on the £800million Laggan-Tormore plant claim the oil and gas services giant has repeatedly fobbed off attempts to pay out bonuses worth up to £250,000. Tavish Scott, the Scottish Liberal Democrats’ Shetland candidate, weighed into the row, labelling the situation “unacceptable” and demanded that Petrofac pay the bonuses.