Eyes on CCS jobs as government funding aligns
The government’s decision to allocate £21.7 billion in funding for the first two Track 1 clusters marks an important step forward for carbon capture and storage in the UK.
Shore Capital bucks the trend as banks retrench from oil and gas
A UK investment bank says it is committed to expanding its oil and gas franchise amid widespread retrenchment from the sector.
Scottish wave energy firm Mocean Energy launches £900k in crowdfunding campaign
Scottish wave energy developer Mocean Energy is aiming to raise £900,000 from a crowdfunding campaign as the company looks to mature its technology.
Offshore wind decom must avoid ‘reputational damage’
Trade body Offshore Energies UK (OEUK) confirmed a shift as decommissioning-focused businesses from the oil and gas sector to have turned their attention to wind and carbon storage.
Ithaca hands $200m to shareholders following ‘combination’ with Eni
The North Sea firm also confirmed controversy-hit Rosebank field was on track for first oil in 2026/27
Maier says GB Energy could create 300 jobs in Aberdeen
GB Energy chairman Jurgen Maier has pledged that the state-owned energy company will create up to 300 jobs at its new headquarters in Aberdeen.
New solutions needed to drive North Sea decommissioning
Decommissioning represents a vital transitional phase for the North Sea oil and gas industry.
Vital Energi plans 400 green jobs boost
Blackburn-headquartered Vital Energi has announced that it is expanding its operations by opening new offices in Newcastle and Swansea while also increasing its existing presence in Glasgow. This comes on top of what Vital described as a “major” refurbishment of its Blackburn headquarters, increasing seating capacity by a third.
