For over 50 years, Scotland has built up a global reputation for its strengths in oil and gas. Years of production in some of the toughest conditions in the world have created one of the strongest international supply chains, a globally respected highly-skilled workforce, a renowned academic sector and well developed energy infrastructure.
Plans to develop a major subsea test and demonstration facility and increase investment in technology were unveiled by Scottish Government in Aberdeen yesterday.
Enpro Subsea is focused on a £1.5million research and development project to deliver “simpler, faster subsea fields”.
A plan to help maximise the value of North Sea decommissioning for small to medium-sized firms has been published by the Scottish Government’s economic development agencies.
Sixteen Scottish oil and gas companies will visit India to help create links with a country whose oil consumption is rising rapidly.
For almost two years the oil and gas sector globally has been facing one of its worst downturns in history. Many of us will have all seen first hand the impact this is having on jobs in Scotland.
A Scottish company has harnessed the power of wet steam to stake a claim in a market that could be worth as much as $70billion.
Internationalisation is critical for Scotland’s growth and one of the four themes in the Scottish Government’s economic strategy.
New figures showing Scotland’s total oil and gas supply chain sales reached a record £22.9billion during 2014, over half of which was delivered via international activity, are a strong reminder of the important role the sector plays in Scotland and globally.
OTC 2016 takes place in Houston from May 2-5 against one of the toughest periods facing the energy sector in a generation.
Increased focus on the Middle East market has led to a record number of Scottish oil and gas supply chain companies attending the Adipec conference, which begins in Abu Dhabi today.
The outgoing chief executive of Wood Group has been named as the new chairman of Scottish Enterprise. Industry veteran Bob Keiller, who announced last month he would retire from the top spot at the oil and gas company, will take over from Crawford Gillies next year. Keiller had previously hinted at new opportunities when his departure was made public and said he had several business interests on the horizon.
Energetica faces a challenge to attract new overseas investment into north east Scotland whilst avoiding robbing 'Peter to pay Paul'.
North-east firm SeaEnergy is pushing ahead with its plans to move into the offshore wind farm support business.