Aberdeen’s North Star secures £425m debt investment
Aberdeen-based North Star said it has secured further debt investment of up to £425 million to accelerate its ambition to become the leading player in Europe’s…
Aberdeen-based North Star said it has secured further debt investment of up to £425 million to accelerate its ambition to become the leading player in Europe’s…
Aberdeen-based North Star said it has secured a £140 million financing package to support the next phase of its offshore wind growth plan as it looks…
Aberdeen-based North Star said it has been awarded new contracts worth more than £100 million to support new and existing clients in the UK Continental…
Swiss private markets firm Partners Group has agreed to acquire Aberdeen-based North Star, the operator of specialized vessels for emergency response and essential offshore wind…
Aberdeen-based North Star Group said it has clinched the service operations vessel (SOV) contract to support the third phase of the SSE-led Dogger Bank Wind…
Aberdeen-based North Star Renewables has been awarded contracts worth an estimated £270 million to deliver three service operation vessels (SOVs) to be used on what…
Shell U.K. Ltd announced it has completed the restart of operations at the Pierce field in the UK Central North Sea, following a “significant upgrade”…
By Mark McSherry Aberdeen-based global bus and rail giant FirstGroup plc said on Wednesday it has started a formal process to sell its North American contract…
The UK North Sea is on track for the biggest year of oil and gas field startups in a decade, according to data from Edinburgh-based…
Shares of North Sea oil exploration firm EnQuest rose at least 7% after it confirmed that first oil from the important Kraken development east of…
Chevron North Sea said it finally started production at the Alder high-pressure, high-temperature (HPHT) gas condensate field in the Central North Sea discovered 41 years ago…
Maersk Oil said on Thursday that fabrication of the billion dollar “topsides” for platforms on its $4.5 billion UK North Sea megaproject Culzean has begun….
By Mark McSherry The Edinburgh Innovations unit of the University of Edinburgh announced that it has secured more than £150 million in research funding over…
Independent UK oil and gas producer Viaro Energy confirmed on Tuesday it would buy UK Southern North Sea natural gas assets owned by Shell and Exxon…
Women in Scotland are starting and running new businesses at almost the same rate as men for the first time, while one in five entrepreneurs…
North Sea oil and gas operators must “take action on well decommissioning to support the UK’s supply chain, clean up their oil and gas legacy…
New powers enabling Scottish councils to charge up to double the full rate of council tax on second homes come into force this week, the…
Scotland is experiencing a start-up boom, with over 40,000 new businesses setting up shop last year – an increase of 12% on the number of…
Passenger services on the new Edinburgh Trams route to Newhaven are scheduled to start at 12 noon on June 7, it was announced on Thursday….
Business confidence in the UK Continental Shelf (UKCS) is at a near record low, falling from +36 points last April to -37 today. That’s according…
The UK Treasury has taken £8 billion in tax from the North Sea in just nine months, according to new research by Aberdeen & Grampian…
The UK needs to keep developing new oil and gas fields in the North Sea even as it develops major offshore wind and carbon capture and…
Peel Ports has announced that the first-ever direct freight container service connecting China and Scotland is being launched in response to growing global pressures on…
The Scottish Government said on Friday that offshore work to connect thousands of island homes and businesses to faster and more reliable broadband services has…
A new report from powerful trade body Offshore Energies UK (OEUK) has warned that the UK will have to import almost all its gas and…
The City of Edinburgh Council has announced that the extension of the Edinburgh Trams system to Newhaven remains on schedule to begin services in the…
SSEN Transmission — the electricity transmission owner for the north of Scotland — welcomed Monday’s publication by National Grid Electricity System Operator (NGESO) of this…
FirstGroup has launched Lumo, its new 100% electric and “affordable” fast rail service between Edinburgh and London King’s Cross. FirstGroup has pledged that fares will…
North Sea focused oil and gas development company Orcadian Energy plc said on Wednesday said it is planning an initial public offering on London’s AIM…
ExxonMobil Corp said on Wednesday it will sell non-operating interest in its UK and North Sea exploration and production assets to private-equity fund HitecVision for…
The City of Edinburgh Council said on Friday that construction site preparation works for Edinburgh’s £207 million Trams to Newhaven project will restart on Monday,…
Leaders of the UK’s offshore oil and gas industry have warned that the economic impact of the coronavirus and dramatic falls in oil and gas…
Cumbernauld-based Irn-Bru maker A.G. Barr came out fighting on Wednesday after news from PepsiCo Inc that it agreed to buy Rockstar Energy Beverages for $3.85 billion….
Shares of Jersey Oil & Gas (JOG) soared 155% on Monday after it said it was awarded 100% working interests and operatorship of three North…
French oil and gas giant Total said it has started up production from the giant Culzean gas field 45 miles east of Aberdeen in the North…
The 30th Oil and Gas survey has revealed that around 45% of North Sea oil and gas contractors have increased investment spend in the UK…
Total and partners including China’s CNOOC have made a significant new gas discovery off the coast of Scotland at the North Sea Glengorm prospect about…
French oil and energy group Total said on Monday it made a major gas discovery on the Glendronach prospect, located off the west coast of…
Aberdeen-based Verus Petroleum said it agreed to acquire Cieco Exploration & Production (UK) Limited, a subsidiary of Japanese commodity trading house Itochu Corporation, in a deal…
Decom North Sea, the membership organisation for the oil and gas decommissioning sector, said it appointed former ConocoPhillips executive John Warrender as its chief executive,…
The UK Space Agency has selected the A’Mhoine Peninsula near Tongue in Sutherland on the north coast of Scotland for the first vertical launch site….
France’s Total is preparing to sell about a third of its stake in the Laggan Tormore gas field west of Shetland along with other oil…
Royal Dutch Shell plc has given the go-ahead for a major investment in the Fram gas and condensate field in the UK North Sea. “This…
The UK’s Oil and Gas Authority (OGA) said on Wednesday it has offered for award 123 licences over 229 blocks or part-blocks to 61 companies…
The UK leads the planned projects count in the North Sea to 2025, according to a new report from data and analytics company GlobalData. A…
BP announced that it has committed to two new North Sea developments which are expected to produce 30,000 barrels gross of oil equivalent a day…
Apache Corporation announced a “significant oil discovery” at the Garten prospect in the UK sector of the North Sea that could recover more than 10 million…
Shares of Aberdeen-based global bus and rail giant FirstGroup fell more than 11% after it said in a trading update that its Greyhound long-haul business in the US…
Grangemouth refinery operator Ineos said it has partially re-started its Kinneil facility following the dramatic shut down of its crucial North Sea Forties Pipeline and the Kinneil…
Grangemouth refinery operator Ineos said on Christmas Day that it expects to bring its crucial North Sea Forties Pipeline and its Kinneil facility “progressively back to…
Aberdeen-based oil and gas services giant Wood Group said it commenced a multi-million dollar contract to act as operating partner of the Scottish Area Gas…
Almost $6 billion worth of mergers and acquisition deals have taken place in the UK oil and gas sector in the first half of the…
Total said it has started production from the Edradour & Glenlivet gas and condensate fields located in about 300 to 435 metres of water in…
Shares of North Sea-focused oil producer EnQuest fell for a second day following its update on Wednesday that cut its full-year production forecast amid a slower…
Transport Scotland announced the intention to award a contract worth up to £50 million to carry out route option assessment and detailed design work for…
Hurricane Energy said on Friday it tripled its estimate of recoverable oil from its Lancaster field in the North Sea. The announcement came a few days after Hurricane announced…
Edinburgh-based oil and gas company Cairn Energy said it reduced its full-year loss to $95 million in 2016 — compared to a $516 million loss…
Shell agreed to sell roughly half of its UK North Sea assets to independent firm Chrysaor for up to $3.8 billion. Chrysaor, backed by Harbour Energy, an…
Statoil said production drilling has started on the massive Mariner field on the East Shetland Platform of the UK North Sea about 95 miles east of the…
The North Sea oil and gas industry gave a cautious welcome to news that some of the world’s biggest producers agreed a deal to curb production for the…
Maersk Oil said that drilling of the first production well has started at the massive $4.5 billion Culzean gas development — the largest hydrocarbon discovery in the UK North Sea…
First Minister Nicola Sturgeon welcomed the North Sea expansion plans of Norwegian multinational Statoil on Monday as she officially opened the firm’s new headquarters in…
The North Sea basin has a “two year transformation window” in which to ensure a strong, productive and profitable future for the oil and gas…
A new newspaper called “24” that hopes to be “The North’s National” — aimed mainly at readers in north west England and south west Scotland — will…
BP said on Monday it has doubled its interest in the Maersk-operated $4.5 billion Culzean gas development in the UK central North Sea after acquiring an additional interest from JX…
British Airways said it will start new daily flights between Heathrow and Inverness on May 3. It will operate an Airbus A319, with up to 143 seats, on the…
A NatWest real estate report on “Building Momentum: The Northern Powerhouse” said the economic success of the North of England depends on collaboration, innovation and…
The UK Government has started the process to sell off its Edinburgh-based Green Investment Bank (GIB), with analysts predicting it could eventually fetch a total price tag of…
Statoil said on Wednesday it will delay the start up of the $7 billion Mariner field in the North Sea — the biggest field development…
The development of the largest new field discovered in the UK North Sea for 10 years has been approved by the UK Oil & Gas Authority….