Coronavirus News

New survey finds almost 60% of Scottish firms could be up and running a week after lockdown ends

A SURVEY has found more than half of Scottish firms (58%) can be up and running within a week of lockdown relaxing or ending. But it also revealed that up to 87% of businesses have said loss of income is...

North-east hospitality group receives six-figure funding package

THE McGinty’s Group has secured a six-figure CBILS funding package to help the business emerge from the coronavirus pandemic. With nine sites throughout Aberdeen including McGinty’s Meal an’ Ale and The Silver Darling, The McGinty’s Group employs more than 270...

Success as business event goes digital

THE virtual Aberdeen-Houston Gateway business event has been hailed a success with plans now being explored for further possibilities later this year. The annual event was originally due to take place in its traditional format at the end of March...

Prosafe sees vessel fleet usage drop by nearly half in first quarter of 2020

VESSEL accommodation owner Prosafe has reported a near 50% reduction in its fleet utilisation rate for the first quarter of 2020. The firm said vessel use was down from around 62% in Q1 2019 to 32% for the first quarter...

Opex Group launches new emissions reduction service

ABERDEEN-based data science and predictive analysis firm, Opex Group, has launched a new emissions reduction service in response to demand from the oil and gas industry. Following significant investment in technology development, Opex Group has launched X-PASTM Emissions - a...

TAB launches Rise programme to help companies through Covid-19 challenges and beyond

A BUSINESS support organisation has launched a free programme designed to help North-east companies navigate the challenges of the Covid-19 pandemic. RISE Above – based on the principles of Reassess, Inspect, Strategy and Execute – is the latest development tool...

One in three closed Scottish businesses fear they’re shut for good, according to FSB survey

A THIRD of Scottish business owners who shut down operations during the coronavirus outbreak fear their firm may never re-open, according to a major new survey from the Federation of Small Businesses (FSB). On the back of the research, the...

Aberdeen offshore survival firm reopens its facility

OFFSHORE survival training provider Survivex has today reopened its facility in Aberdeen. But 3T Energy Group, which owns the training centre, said “stringent measures” would be put in place and it will operate at around 20% capacity to allow for...

Oil and gas service company secures Covid-19 loan

AN Aberdeen oil tool company has secured vital funds to continue to operate through the Covid-19 lockdown. Red Kite Oilfield Services received a £100,000 Coronavirus Business Interruption Loan (CBIL) from Barclays. The money provides working capital to help the Dyce-based company...

Bureau Veritas sees 900 per cent rise in demand for remote inspection of offshore rigs since COVID 19 outbreak

BUREAU Veritas, the testing, inspection and certification services company, is reporting a 900% rise in demand for the remote inspection of offshore assets and equipment since the outbreak of the COVID-19 pandemic. The firm, which has its main North Sea...
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Marine energy service firm hires new chief executive

MARINE energy service firm Acteon Group has hired Carl Trowell as its group chief executive, replacing Richard Higham. Mr Higham joins Acteon from drilling rig...

North-east legal firm announces promotions

NORTH-east legal firm Raeburn Christie Clark & Wallace (RCCW) has announced two promotions. Amy Watson has become a partner and Ruth Lussier an associate within...

Restructuring and recovery for the future

THE impact of COVID-19 on the economy is likely to be long-lasting. The UK economy contracted by 2 per cent in the first quarter...

Viper Innovations appoints new managing director to drive growth

SUBSEA technology and engineering company, Viper Innovations, has appointed a new managing director. Edward Davies, who takes on the role from June 1, will be...

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