News

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 (14^th) 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.

Scottish Enterprise has welcomed the news that ScottishPower Renewables has joined forces with Atlantis Resources to establish the largest tidal stream portfolio in the UK.

First Minister Nicola Sturgeon today announced the findings of a report published by Scottish Enterprise, revealing that risk capital investment in Scotland was up 20% to £244m in 2014. The results represent a five-year growth of 90%, approaching the highest recorded level of £250m back in 2001.

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.

The Borders Railway Prospectus, which highlights the opportunities along the railway corridor for investors and businesses, has been officially launched in Edinburgh today.

£1m investment to create 100 jobs

Scottish-based business angel syndicate, Archangels, and the Scottish Investment Bank (SIB) have supported the investment of a further £2m in three growing Scottish businesses in the third quarter of 2015.

Piramal becomes 150th firm to sign FM’s Business Pledge

MSCI report shows capital value growth of 9.1% Y-O-Y in Scottish hospitality sector

Businesses from across Scotland’s tourism industry are being urged to take up their spot at an upcoming conference which will explore and discuss the power of digital technology and its integration in order to capitalise on commercial opportunities.

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.