The Scottish Government is hosting a major investment event in Edinburgh today aimed at unlocking new private investment in the country’s rapidly growing offshore wind industry. More than 100 stakeholders, including investors and developers, will attend the Global Offshore Wind Investment Foru
Energy
Inverness-based Aurora Energy Services has secured approximately £3 million in energy contracts, just four months after launching its integrated services division. The company is leveraging its extensive project delivery experience, particularly in digital laser scanning, to capitalise on the
CMS is holding a series of events across Scotland aimed at supporting further growth of the nation’s renewable energy sector. The Future of Renewables Seminars will kick off on 1 April at CMS’s Glasgow office with follow up sessions taking place in Edinburgh on 3 April and concluding at
Some of the biggest names from Scotland's business community have united in a plea to the UK government, urging immediate support for the Acorn Carbon Capture and Storage (CCS) project in Aberdeenshire
Harbour Energy's shares experienced a sharp decline on Thursday, falling by over 10%, following the announcement of an annual loss.
The UK government has today launched a two-month consultation to develop a phased transition plan for the North Sea energy sector, focusing on utilising existing infrastructure for new technologies like hydrogen, carbon capture, and renewables. As part of the plan the UK government has backed new in
Infrastructure solutions company Costain has moved into a new office in Aberdeen. The office investment is in response to Costain’s growing customer base in the energy sector and will service engineering, energy resilience and energy transition projects in Scotland and across the UK.
The North Sea’s transient workforce could be lost for good unless pace is picked up on the renewable energy transition, an accounting and business advisory specialist has warned. Mark Brown, partner at MHA, believes 2025 is pivotal in terms of seeing real momentum gained.
A new report from the University of Edinburgh has highlighted the significant economic potential of tidal stream and wave energy for Scotland. Commissioned by Scottish Enterprise and Wave Energy Scotland, The Future Economic Potential of Tidal Stream and Wave Energy in Scotland report suggests that
Aurora Energy Services has invested £750,000 in securing a new larger office building in Aberdeen to support its ambitious expansion programme. The company has acquired the lease for the 7,000 sq ft Ury House in Howe Moss Crescent, Dyce, which has been renamed Aurora House.
Aberdeen & Grampian Chamber of Commerce has called on the UK government to reduce the 78% tax burden on North Sea oil and gas producers as a key first step towards greater domestic energy security. The call comes as the USA announced its intentions to impose sweeping tariffs on imports from Mexi
The flagship Inch Cape Offshore Wind Farm project has reached financial close raising more than £3.5 billion of funding, the equal joint owners ESB and Red Rock Renewables announced today. K2 Management (K2M), part of global wind engineering and advisory consultancy Ramboll, provided Lender&rs
Three Aberdeen oil firm buildings have been acquired by EEH Ventures, a London-based investment firm, as part of a deal worth £45 million. The 275,000 sq ft portfolio at the Prime Four business park in Kingswells, was previously owned by Canadian financial services company BMO. It houses the h
Edinburgh-based The Carbon Removers have signed a breakthrough deal to sequester 50 000 tonnes of CO2 permanently in a depleted oil field, 1,800 metres below the North Sea seabed. This is part of Greensand Future, the EU’s first operational CO2 storage facility intended to mitigate climate cha
Groundbreaking new technology capable of generating power without emitting carbon is set to be developed in Edinburgh, Aberdeen, and Durham, following a major investment deal. Middlesbrough-based H2CHP, a spin-out from Durham University, has secured a six-figure cash injection to advance its free-pi