offshore industry

Oil & Gas

Wood hits the sustainable energy trail

Not many months ago, Aberdeen's largest indigenous energy services player, the Wood Group, launched a subsidiary dedicated to renewable energy and upped the commitment to growing its already substantial involvement to carbon capture, including examining and seeking to cut the size of its own carbon footprint.

Oil & Gas

A sign of the times

THE North Sea is reeling as a result of seesawing oil prices, the credit crunch and the impacts of global recession. As capital spending collapses and operational expenditure comes under huge pressure, life is getting tougher for many in the UK's offshore industry.