Firms told to plan for ‘hazardous trading landscape’ in wake of no-deal Brexit
Businesses in Ireland and the UK have been warned to prepare for a “hazardous trading landscape” in the wake of a no-deal Brexit.
Business
Skills strategy project envisages creating 40,000 new roles throughout industry
A project to develop a new UK oil and gas skills strategy, which could lead to 40,000 new jobs, has been launched after skills and standards body Opito gained widespread support for its recently published Workforce Dynamics Review.
OGIC investment in new technology hits £3.8m
Investment in new technology development by the Oil and Gas Innovation Centre (OGIC) has hit £3.8 million after the Aberdeen-based facility signed its 75th project.
Investment in rental equipment pays off for north-east firm
A north-east oilfield service firm is investing more than £1 million in rental equipment this year and recruiting extra staff to help meet growing demand.
Texo Group buys up Navitas Compliance
New engineering and technology company Texo Group has announced its first acquisition.
Battlelines drawn as Premier Inn earmark controversial Thurso site
Battlelines are being drawn over plans to build a Premier Inn on a prominent site in Thurso.
Highland diving centre brings popular course back to life
A Highland subsea training centre is reaping the benefits of a recent deal to secure its future with the re-launch of a hugely popular commercial diving course.
North and north-east firms in running for Scottish Environment Business awards
Firms and organisations in the north and north-east have been named among the contenders for the Scottish Environment Business awards, known as the Vibes.
Premier Oil in position to take on more North Sea assets, claims boss
Premier Oil’s boss said yesterday the company was in “good shape” to compete for North Sea acquisitions as its finances improve.
North-east offshore services firm bounces back from the brink to win top prize
A north-east offshore services firm is celebrating a record year and prestigious award after battling its way back from the brink of closure.
Bifab workforce cut amid union anger as senior staff remain
GMB Union has called the “effective” closure of BiFab yards a “dark day” for the Scottish economy as the core workforce is cut in a move that sees senior staff keep their posts.
Fledgling energy services company sees its client list go from strength-to-strength
A fledgling energy services company has seen its well solutions business notch up a bumper client list in just over a year.
Major milestone for Culzean gas field
A major milestone has been reached for Total E&P UK’s huge Culzean gas field in the North Sea.
Up to 1,000 new jobs to be created from new engineering group
Wealthy investors with cash to spend on acquisitions are launching a new engineering and technology group from headquarters in the north-east.
RGU business graduates celebrate end of their course
His Majesty’s Theatre echoed with applause yesterday as some of the north-east’s best young business minds graduated from university.
Moray MP praises investment on rural communities
A Moray MP has praised the efforts of a local business continuing to invest in rural communities following a visit to a sawmill in the region.
Scotland second most attractive location in FDI ranking
Scotland has been named the second most attractive location in the UK for foreign direct investment (FDI) after London, for the fifth consecutive year.
One last supper for fish shop
A Shetland fish shop closed its doors for the last time yesterday, signalling the end for a business run by several generations of the McNab family.
Rubberatkins to hire 12 in Aberdeen as expansion drive kicks into gear
Expansion is on the cards for an Aberdeen rubber maker as the oil industry shows signs of emerging from several “awful” years.
Serica Energy announces Aberdeen office location
Oil firm Serica Energy has revealed that it will move into the H1 building at the Hill of Rubislaw complex in Aberdeen next month.
Rotech marks 500th job in the firm’s milestone 25th year
An Aberdeen-based subsea technology firm is celebrating a double milestone after completing its 500th project in its 25th year.
North Sea withdrawals may mean sector is heating up
Major oil and gas operators may withdraw from less profitable parts of the North Sea over the next year but that shouldn’t be viewed as a bad move, according to one of the industry’s leading economists.
Workers to down tools on Total North Sea rigs
Offshore trade union Unite has announced that strikes will go ahead on three of French oil giant Total’s North Sea rigs in a dispute of pay and working hours.
HIE intervention saves website credited with securing work worth £174 million
A website credited with helping secure contracts worth a total of more than £174 million for small and medium-sized businesses in the north and north-east over the past six years has been saved from closure.
Scottish Provincial Press falls into the red after ‘very challenging year’
Inverness-based local newspaper publisher Scottish Provincial Press (SPP) has plunged into the red during what its managing director described as a “very challenging year.”
North-east accountancy firm snaps up two smaller rivals
North-east accountancy firm James Milne has snapped up two smaller rivals.
Boozy Cow shuts after chain gets sold to owner’s brother
An Aberdeen burger restaurant which previously donated profits to good causes has closed.
Cruise ships hailed amid finance storm
The chairman of Lerwick Port Authority (LPA) has hailed the growing contribution of cruise ship visits as the organisation released its annual review, showing a steep drop in profits and a decline in turnover last year.
First power generated by offshore wind farm as turbines go live
The new £300 million wind farm off Aberdeen has reached a major milestone by generating power for the first time.
Rembrand deal creates largest independent timber company in Scotland
An Angus based timber merchant has merged with a Central Belt rival in a multi-million pound move that creates the largest independent timber distribution company in Scotland.
North Sea ‘alive and well’ as tax receipts back to black
A huge swing in North Sea oil revenues suggests the sector is “alive and well”, an industry chief said.
GlenAllachie reveals its core range and global ambition
Independent boutique Scotch whisky distillery The GlenAllachie has unveiled its first core range of aged single malts, selected by master distiller Billy Walker.