A new forum dedicated to helping small and medium-sized businesses navigate the downturn has been launched by OGUK as it continues to help the sector stimulate a recovery.
The future of the energy industry landscape has long been up for debate, and the effect of COVID-19, combined with the dramatic global oil price crash and its detrimental impact, has brought this to an unparalleled level.
The founder of an Aberdeen company specialising in offshore safety technology believes Brexit “won’t matter” for the business of small and medium-size enterprises (SMEs) based around the North Sea.
Small and medium sized businesses in the north-east will get only 1% of a £25million European funding pot after local authorities did not apply to get the cash.
ITF has launched an Innovation Network to shine a light on SME oil & gas technology development.