Energy

Aberdeen-based Global Wind Projects (GWP) is set to expand its operations after successfully completing the first of three contracts in Ireland, collectively valued at around £8.6 million. Owned by Highland entrepreneur Roy MacGregor, the company is a division of Global Port Services and was e

With millions in funding secured, ETZ Ltd, a not-for-profit company tasked with spearheading North East Scotland’s energy transition ambition, has unveiled its plans to build a transformative Energy Transition Skills Hub that aims to equip the workforce of the future with the skills industry n

Battery manufacturer AMTE Power, which has a plant in Thurso and plans for a 'megafactory' in Dundee, has had its share trading temporarily suspended on the London Stock Exchange (LSE). In recent months the company has been faced with a precarious financial situation. In July, the company warne

Edinburgh-based tidal energy firm QED Naval has secured funding through the UK government’s AR5 programme, with the potential to generate £30 million in gross value added (GVA) for company over the next three years. The renewable energy company, through its Welsh subsidiary Mor Ener

VINCI Energies has solidified its position in Scotland by acquiring NorPower, a Muir of Ord-based company specialising in extra high voltage overhead lines in the UK. Founded in 2003, NorPower has expertise in the construction, installation, reconfiguration, and refurbishment of woodpole and steel o

Projects in Aberdeenshire and the Humber have been chosen as the third and fourth carbon capture usage and storage (CCUS) clusters in the UK.

Thai state petroleum company PTTEP has joined a collaborative green technology initiative based in Scotland, aimed at demonstrating the potential of wave-powered subsea equipment. The project, dubbed Renewables for Subsea Power (RSP), includes a £2 million demonstrator initiative which is curr

Energy firm Drax Group has received approval from the Scottish Government to construct a new £500 million underground pumped storage hydro plant at its existing Cruachan facility in Argyll. The decision, made through the Section 36 process, represents a significant step in Scotland's journey t

Battery cell manufacturer AMTE Power has said it is urgently seeking further investment as the company is at risk of administration.

Oil and gas lawyer Calum Crighton has been appointed as a member of the Decom Mission board of directors. Decom Mission is a trade association focused on the international decommissioning energy sector.

Tom Smith, former general manager of the mergers & acquisitions office at Acteon Group, has been appointed as the new chief operating officer of Aurora Energy Services. Mr Smith, who previously collaborated with Aurora owners Doug Duguid and Michael Buchan at EnerMech and PSL Energy Services, wi

Scottish engineering and consulting firm Wood Group has secured a two-year contract extension, worth approximately £197 million ($250 million), with Brunei Shell Petroleum (BSP), the largest energy producer in Brunei.

Moray West, a significant offshore wind farm development, has secured a £95.5 million loan from Barclays to support the next phase of the project’s construction as part of a wider syndicated £2 billion loan injection which closed in April 2023. Moray West is situated 22km off

Two oil and gas sector specialists from law firm CMS have launched a new book outlining the ‘radical’ approach of the UK’s MER (maximising economic recovery) regime governing North Sea drilling operations. Maximising Economic Recovery: A New Approach to Regulating the UK's Offshore

Virgin Money has made a £14 million agreement with Ripple Energy to facilitate the development of an innovative 18.8MW wind farm in Ayrshire. The Kirk Hill Wind Farm, which will be partly owned by individuals, small businesses and commercial property investor Bruntwood, will be operated on a c