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Support on offer to Glasgow businesses battling the oil and gas slowdown

A workshop offering free advice and support to businesses operating in the oil and gas supply chain is taking place in Glasgow early in January (14th) 2016. The event comes at a time when the price of oil has reached its lowest point in over a decade compounding the challenging environment for Scotland’s oil and gas businesses.

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£3.9m investment to drive O&G efficiencies

A new £3.9 million investment by East Coast Oil and Gas Engineering Ltd (EC-OG Ltd) to develop its ‘Subsea Power Hub’ (SPH) has received a £1.2 million research and development grant from Scottish Enterprise. This investment will bring new opportunities and increased efficiencies to the oil and gas sector.

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A record 75 oil and gas companies target Middle East market

Almost 60 oil and gas companies have joined the Scotland pavilion at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) this year making it the biggest ever delegation to the event and almost double the number of companies which attended last year.


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SMS to expand its presence in the Middle East

Specialist oil and gas services company, SMS (Sand Monitoring Services), is eyeing growth opportunities in the Middle East market as it prepares to showcase its solutions at ADIPEC, in Abu Dhabi next week.

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World’s largest floating wind farm

Consent granted to UK’s first and world’s largest floating offshore wind development

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Scottish Loan Fund backs two energy service companies for international expansion with £5 million funding package

The Scottish Loan Fund (SLF), managed by Maven Capital Partners (Maven), has completed a £5 million investment in the energy service specialists Meta Downhole (Meta) and READ Cased Hole (READ), to support the international growth ambitions of both businesses.

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Energy Jobs Taskforce and third PACE session held in Aberdeen

The Energy Jobs Taskforce met in Aberdeen today to drive forward work which has helped support more than 2,500 individuals and 100 employers through the current downturn in the oil and gas industry to date.

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Unlocking the North Sea’s CO2 storage potential: unique study reveals benefit of ‘multiple user’ storage sites

The secure and permanent storage of carbon dioxide (CO2) within a single geological storage formation can be optimised by injecting CO2 at more than one point simultaneously, according to results from an innovative study of rocks beneath the UK North Sea.

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Scottish Investment Bank leverages record private sector investment of £99m

Scottish Enterprise has today revealed that its investment arm, the Scottish Investment Bank (SIB), invested £66.5m into 155 Scottish companies during 2014/15, leveraging a record private sector investment of £99m.

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Seven fundamentals to drive excellence in oil and gas operations

New study by accountancy giant PwC shows that company-specific improvements reinforced by industry collaboration and an effective regulatory environment are ALL needed to achieve the maximum step change in sector performance.