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Alba Iulia
Monday, September 21, 2020

Energy

Aberdeen company to create 100 new jobs after acquiring new jack up rig

WELL-Safe Solutions has announced the acquisition of the West Epsilon jack-up rig from Seadrill, in a move which will create 100 new jobs. The news comes following the Cove-headquartered company’s acquisition of the Well-Safe Guardian in April 2019 and adds...

NESCol launches new project in effort to tackle climate change

NORTH East Scotland College has joined forces with national partners to launch a new project designed to inspire apprentices across Scotland to develop innovative low carbon solutions to issues faced by industry. The Fuel Change initiative invites apprentices to tackle...

NECCUS hopes to land funding to help deliver net zero roadmap for Scotland

THE North East Carbon Capture, Usage and Storage Alliance (NECCUS) has submitted a £1.23m bid to the UK Government to take plans to decarbonise large sections of Scotland’s industry a further step forward in the drive to cut carbon...

Aberdeenshire drilling firm plans restructuring to reduce debt

DRILLING company KCA Deutag is negotiating a restructuring package to help reduce its debt by more than £1 billion. Reporting its half-year results, the Aberdeenshire-headquartered company said the coming months will be the “lowest for the company” since the Covid-19...

Hydraulics company secures distributor agreement with Danish firm

ABERDEENSHIRE-based hydraulics company Micron Eagle has announced a distributor agreement with multinational Danfoss. The deal with the Danish engineering giant means the Blackburn firm is the only Scottish-based service centre and authorised distributor for Danfoss Power Solutions. Mark Burnett, Micron Eagle...

Serica Energy reports pre-tax profits

SERICA Energy has managed to report pre-tax profits in the first half of 2020. The North Sea business recorded £20.4 million for the first six months – but it was still much lower than the £51.9m recorded for the same...

bp and Equinor in partnership to develop offshore wind energy in US

BP and Equinor have announced a new partnership to develop offshore wind projects in the US. The deal sees BP buy 50% of the Empire Wind and Beacon Wind assets on the US east coast from Equinor for £845 million. The...

Equinor teams up for offshore wind growth in Japan

EQUINOR has joined forces with two of Japan’s leading energy firms as it looks to explore opportunities in the East Asian country’s expanding renewables sector. The Norwegian energy giant, which has a regional base in Aberdeen, will work with Jera...

Green Investment Portfolio launched – Aberdeen City Council seeks funding

INVESTORS are being invited to get behind more than £1 billion of low carbon, eco-friendly and recycling investment opportunities. Led by the Scottish Government, the Green Investment Portfolio promotes market-ready projects that will help Scotland transition to a net-zero economy...

Integrated services company names new strategic sales director

MECHANICAL and electrical services company EnerMech has appointed a new strategic sales director. James Compston has been brought in to the Aberdeen headquartered firm in a bid to ramp up activities in the international energy and infrastructure sectors. He will be...
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Acoountancy firm establishes new family business specialist team

ABERDEEN accountancy firm Anderson Anderson & Brown LLP (AAB), is building on the support it already provides to family businesses by establishing a specialist team dedicated...

Aberdeen charity challenges young people to rethink homelessness

YOUNG people throughout the North-east are being urged to think about where they sleep – as part of a new charity campaign by Aberdeen Cyrenians challenging...

AFCCT receives cash boost

AFC Community Trust has been awarded £50,000 from NHS Grampian Endowment Fund. The money will be used by AFCCT to help deliver its physical and...

Nearly 80,000 workers used flexible furlough in July in Scotland

NEARLY 80,000 workers in Scotland returned to their jobs part-time in the first month flexible furlough was introduced, statistics published today by HM Revenue...

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