The sales value of oil and gas produced in Scottish waters has risen by almost a fifth in the past year to around £20 billion, despite a dip in output.
oil and gas
Declining levels of investment by oil and gas firms led to a tough year for Fife engineering firm FTV Proclad International but there are signs of the sector recovering.
The North Sea is often presented as Scotland’s Klondike.
The UK operation of global oilfield services company Halliburton swung to a loss last year as rising costs impacted on the firm’s bottom line.
Dundee is set to benefit from the formation of a new engineering and technology group, which plans to create up to 1,000 new jobs across several UK locations.
A Dundee specialist manufacturer of offshore valves for the oil industry has moved back into the black despite tough trading conditions.
A minute’s silence has been held in memory of the 167 men who lost their lives in the Piper Alpha disaster 30 years ago.
A service to remember the 167 men who lost their lives in the Piper Alpha disaster 30 years ago is to take place.
The 30th anniversary of the Piper Alpha disaster falls later this week, with those who perished in the tragedy to be remembered at a special memorial service.
The names of 167 men who lost their lives in the Piper Alpha disaster 30 years ago will be read aloud at a memorial service next week.