UK North Sea operators’ zeal for production eclipsed efforts to add new reserves to the basin’s hydrocarbons basket last year, a new report said.
North of Scotland
A gaming and technology expert has been appointed to drive digital company incubation and growth in the north-east.
Crunch talks between the Offshore Contractors’ Association (OCA) and North Sea trade unions will continue later this month after yesterday’s meeting brought no resolution.
Shell’s plans to decommission a North Sea pipeline have not derailed a major clean energy scheme in Peterhead, organisers have insisted. The energy giant yesterday submitted plans to the UK government to shut down the Goldeneye field, which lies 81 miles north-east of Aberdeen. To read more on Energy Voice, click here.
Booming cashmere specialist Johnstons of Elgin is to open a flagship store in the heart of the Scottish capital’s luxury shopping quarter.
Oil firm Serica Energy has announced a second deal in two days for stakes in the Bruce and Keith fields in the UK North Sea.
Smaller oilfield services firms in Aberdeen could miss out on work in Iran due to newly-imposed US sanctions, an analyst said yesterday.
LAR Housing Trust said yesterday it was nearing completion of another development in Aberdeen, its seventh in the city.
The number of passengers using the main airport in the Outer Hebrides soared to a new monthly record in October, according to figures released by airline Loganair.
A freelance contractor has said it is “right” the disguised employee model will “disappear” from the North Sea, thanks to incoming legislation.
An Aberdeenshire-based oil boss has vowed to look again at childcare for staff members at Kingswells after being challenged at a panel discussion.
The UK is now “on the road” with decommissioning, and as such costs are slowly but surely becoming more certain, according to the new chief executive of Decom North Sea.
Oil firm Serica Energy took another step towards completing a series of UK North Sea acquisitions today.
Strong deals activity in the North Sea is driving growth for the specialist oil and gas team at Scotland’s largest law firm.
A lawyer has pledged to continue a compensation claim for the families of the victims of a fatal helicopter crash in Norway, after the criminal case was dismissed.
Trade union officials and employers will hold crunch talks over offshore workers’ pay next week in a bid to avert widespread strikes in the North Sea.
Shell’s chief financial officer said today that the firm’s UK North Sea division was a “source of inspiration” for the rest of the group.
Oil and gas supply company Tenaris is the latest business to take space at the Marischal Square development in Aberdeen.
The oil and gas sector is bracing for the “extensive impact” of changes to off-payroll working rules announced in the chancellor’s budget, according to a tax expert.
The result is expected later today on a union ballot for North Sea strike action. Workers are hoping for a 4% increase in basic pay from companies who are members of the Offshore Contractors Association (OCA). Offshore union Unite’s ballot on industrial action closes today. >> Read more on Energy Voice here <<
I’ve spent the last few days studying the detailed Budget announcements and considering what the implications are for individuals and businesses that I advise. Budgets are, by their very nature, political and this one felt particularly so.
Entrepreneurs’ relief, the 10% capital gains tax rate on sale of trading business interests, is an emotive subject. It is either the ‘worst relief’ and costs the Government £2bn a year (The Resolution Foundation) or it’s one of the reasons why people are encouraged to set up businesses and pay tax in the UK. Business owners certainly don’t seem to emigrate to avoid UK capital gains tax like they did in the 1990s.
North-east firms should “definitely” be bolder when going for offshore wind supply contracts, a project boss said yesterday.
The new owner of Survivex said yesterday that growth was on the cards for the north-east offshore survival trainer.
Apache Corporation has confirmed plans to achieve first oil from the Garten field during the current quarter.
A north-east offshore survival training company has been acquired by a private-equity backed rival.
Investigators have said no one will face criminal prosecution over a fatal helicopter crash off Norway two years ago due to a “lack of evidence”.
Shell’s boss said today that the energy major had pulled off one of its “strongest-ever quarters”.
Chef Samantha Pack is passing on her Italian culinary skills – as well as her passion for food –to a growing number of customers after launching her north-east cookery school earlier this year.
There was fresh hope last night that new owners will be found to continue the work of a world-leading Highland subsea training centre that went into administration last month.
A north-east oil service firm has folded before its latest incarnation could get up and running.
Scottish Energy Minister Paul Wheelhouse avoided a bumpy ride yesterday when he cast off in a new air-cushioned offshore wind vessel. Mr Wheelhouse was in Peterhead to witness the launch of the Sea Puffin, an innovative new offshore supply vessel. To read more on Energy Voice, click here.