A new decommissioning action plan launched today by the Scottish government’s economic development agencies hopes to help Scotland’s oil and gas sector take advantage of the estimated £17.6 billion forecast by Oil & Gas UK to be spent on…
Aberdeen Harbour's plans to expand its facilities into a bay south of the existing harbour has been sanctioned by the harbour board. The £350 million project, which was recently granted planning consent in the form of Marine Licenses and a Harbour Revision Order by the Scottish Government…
Average costs for UK North Sea decommissioning expenditure are growing by 14% a year, with the final cost of decommissioning now expected to be in excess of US$125 billion (£100 billion), according to a report by CRF Consultants. With…
The US$12 million (€11 million) FORESEA project is bringing together European ocean energy test facilities to help demonstration of tidal, wave and offshore wind energy technologies in real-sea conditions. The project is funded by the Interreg NWE (North-West Europe) program…
The UK oil and gas industry may be gripped by a downturn but a lot of positivity has emerged from the two-day conference organized by trade body Oil & Gas UK, which concluded today (15 June) in Aberdeen. Almost 500 delegates attended the “UKCS: Open for Business” themed event…
Aberdeenshire-based ThinJack has entered into a deal with a Middle East oil and gas company for the removal of multiple well Christmas trees on surface platforms in the Gulf of Suez, Egypt. The deal could be ThinJack’s largest ever agreement in the region…
Orkney-based Scotrenewables Tidal Power has launched its 2MW SR2000, the world’s largest energy generating tidal turbine. The company launched the 550-tonne machine at Harland & Wolff Heavy Industries in Belfast on 12 May. This is the first commercial scale machine the company has built…
Statoil’s Batwind, a new battery storage solution for offshore wind energy, will be piloted in the world’s first floating wind farm, the Hywind pilot park off the coast of Peterhead in Aberdeenshire, Scotland. Batwind illustration…
Statoil awarded Nexans the contract to supply static and dynamic cabling and associated accessories for the world's first floating wind farm, following a successful demo facilitated by Nexans' cables which has been in operation since 2009…
The Scottish government has pledged £24.5 million in support for the North Sea oil and gas industry in Scotland. The funding, unveiled by First Minister Nicola Sturgeon, comprising £12.5 million to help oil and gas firms research and…
Orkney based Scotrenewables Tidal Power (SRTP) has secured a further £5.7 million from investors to allow it to demonstrate the world’s largest tidal turbine. The company is currently nearing the completion of the build of its SR2000 (2MW) system in the Harland & Wolff shipyard in Belfast…
Image from Oil and Gas Authority. Patrick Brown, chairman of the Oil and Gas Authority (OGA), has confirmed the appointment of three non-executive directors to the OGA board. Mary Hardy…
Wood Group Kenny (WGK) appointed Bob MacDonald as chief executive officer (CEO), effective 6 April. MacDonald. From Wood Group. As CEO, MacDonald will lead the WGK executive team in the growth and governance of the business…
Scotland’s first wave energy technology development body Wave Energy Scotland will receive a total of £14.3 million over the next 13 months, Scottish Energy Minister Fergus Ewing announced. The Scottish Government is supporting Wave Energy Scotland with a budget of £1…
The fall in oil prices to their lowest in five years could mean current proposals for new North Sea tax allowances do not go far enough, oil and gas industry body Oil & Gas UK has said. The comments followed a new report from the Scottish…
