News

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The Moray East offshore wind farm near Fraserburgh is generating an annual spend of more than £100 million, according to a new study.
Wood has pushed back the deadline for Sidara to make a final bid for its takeover of the company for a fourth time. The saga has lasted well over a year, with multiple twists and turns. It’s ...
The UK government selects a Rolls-Royce small modular reactor (SMR) design for a £2.5 billion programme to develop mini nuclear plants.
The Treasury spending review has provided investment certainty for the Inverness and Cromarty Firth Green Freeport (ICFGF) and Aberdeen’s Energy Transition Zone (ETZ), project backers say ...
The High Court has approved Petrofac’s restructuring, but the company is not out of the woods yet. Saipem and Samsung won the right to appeal the agreement. The hearing is due to start on 2 June ...
The UK government’s 2025 Strategic Defence Review made it very clear that our underwater domain is more vulnerable – and more strategically vital – than ever before. The threats to critical ...
Aberdeen-headquartered artificial intelligence (AI) technology firm Fennex has secured a multi-year contract with EnQuest across its North Sea offshore assets. The deal will see Fennex delpoy its ...
The UK subsea supply chain must be a “primary partner of innovation” for the Ministry of Defence (MoD), according to Global Underwater Hub (GUH). Following the UK government’s spending ...
The partners behind Teesside’s landmark carbon capture NEP development have appointed Rich Denny as the project's managing director.
Investment in upstream oil production will drop by 6% in 2025 in the first year-on-year fall since the Covid pandemic, according to the International Energy Agency (IEA). Excluding the Covid ...
Aberdeen’s Wood Group has secured a five-year contract to provide brownfield engineering, procurement, and construction (EPC) services to Brunei Shell Petroleum (BSP). Along with its joint ...