Oil service firm Global Energy Group (GEG) is celebrating the biggest deal in its history, with a value understood to exceed £100 million.
Global Energy Group
A Highland firm which claimed the government acted unlawfully in giving taxpayers’ money to a competitor has lost its £25 million legal action in Scotland’s highest civil court.
A former senior executive at Global Energy Group (GEG) has joined forces with the firm again in a joint venture aimed at creating the “strongest offshore drilling inspection company in the North Sea”.
The world’s largest tidal turbine is to be built in the Highlands, according to the boss of an ambitious new marine energy project.
Roy MacGregor’s Global Energy Group (GEG) has split in two, with about 40% of the Inverness-based business becoming subsidiaries of a new company owned by two of his sons and a Japanese investor.
Global Energy Group (Geg) chairman, Roy MacGregor, has hailed the “return of the oil and gas industry to the Highlands,” but warned the sector is facing a skills shortage in the area as work continues to pick up.
Global Energy Group has bought a majority stake in Aberdeen-based Apollo Offshore Engineering, forming a new contractor firm.
More than 50 jobs have been saved after Aberdeen-headquartered Aiken Group was bought out of administration in a pre-pack deal.
Major employers in the Highlands have called for local and national government to “grasp the opportunity” to make the Moray Firth a renewables hub.
Global Energy Group chairman Roy MacGregor has called for government and public sector backing to see the north designated as a specialist hub for development of the offshore renewables sector.
Inverness-based Global Energy Group (GEG) said yesterday it had formed a strategic partnership with drone-based inspection company Sky-Futures.
Global Energy Group boss Roy MacGregor has welcomed signs of Nigg Energy Park establishing itself as a “multi-user, multi-sector” asset, with more than 700 people at work there on renewables, oil and gas and subsea projects.
Hopes are growing that a new plant, employing hundreds of people making steel towers for offshore windfarms, could be in the pipeline for Nigg Energy Park.
A £25million legal case involving the north's development agency is expected to call at the highest civil court in the land again later this month.
The operator of the Highlands' largest port has said it expects a drop in revenue following the introduction of a new pricing structure for visiting vessels.
Conservation body WWF Scotland has welcomed the prospect of new jobs for two Highland ports from a planned floating wind farm demonstrator project.
Two Highland ports are set for job boosts if planning permission is granted for a floating wind energy demonstrator project off Dounreay.
Nigg Energy Park's owners are preparing to take the trust port that controls the Cromarty Firth to court over new rates they say will see a 25% hike in fees for rigs and vessels using the facility.
Development agency Highlands and Islands Enterprise is being sued for £25million amid allegations it breached state aid regulations.
Tidal power company Atlantis Resources has confirmed it is to go ahead with the next phase of its MeyGen project in the Pentland Firth.
Nigg Energy Park's (NEP) owners have hailed evidence of "shoots of success" following £47 million investment, with a significant increase in the number of vessels visiting the facility.
A major employer in the Highlands has confirmed it is planning for redundancies amid "extremely difficult times" caused by the oil and gas downturn.
Nicola Sturgeon predicted that the Highlands would soon be "powering the world" as she unveiled a £500million clean energy project that could create thousands of north jobs.
Statoil has revealed fresh footage of its Mariner B vessel as it arrived in Global Energy Group’s Nigg Energy Park after completing a journey of more than 15,000 miles from a construction yard in South Korea.
The estimated £680million boost the Beatrice Offshore Windfarm Ltd (BOWL) development will deliver for the national economy has been highlighted during a UK Minister's visit to one of the project's key locations.
Nigg Energy Park has been identified as the best prepared of Scotland's east coast ports to create jobs from offshore wind contracts in a new industry report.
A manufacturer in Argyll has signed a deal to potentially supply wind turbines to Vattenfall as it breaks ground on a £27million expansion.
Up to 200 new jobs will be created in the north thanks to a multimillion-pound investment in the Nigg Energy Park.
Plans to create a new port in the Cromarty Firth have been branded "flawed" and "incompetent" by a company which already runs a thriving harbour.
Plans to create a new port in the Cromarty Firth could be opposed by the Highland Council.
A Ross-shire activist has said she hopes a public meeting over the Cormarty Firth new port controversy will "clear the air" between the opposing sides .
The chief executive of the Inverness-based Global Energy Group last night accused a north port authority of "scaremongering" over plans for a new harbour at Nigg.