Technological lessons learned by the oil and gas sector will play a key role in delivering the UK’s low carbon economy of the future.
oil and gas
Leading businessman Sir Ian Wood has said Theresa May’s Brexit deal is “workable” and is better than the current situation with Europe.
Sir, – With regard to decommissioning projects in the North Sea and Dundee in particular, the latest epistle (involving plans to build the Moonraker offshore heavy lift vessel)is almost fantasy (a little like the film of the same name).
A decommissioning specialist has taken a step closer to setting up a scrapping facility at the Fife birthplace of numerous oil rigs.
Stonehaven-based Whittaker Engineering reported a 53% jump in turnover as the recovery of the oil and gas sector continued last year.
The Fife-based subsidiary of global oil services firm TechnipFMC said it was hopefully of improved trading despite a loss of more than £20 million last year.
Dundee-based Pryme Group has secured new oil and gas work worth £3.5 million as it ramps up activity ahead of the opening of a new multi-million pound engineering facility.
Angus-based energy services firm RMEC Limited is rapidly expanding its workforce as the oil and gas sector shows signs of recovery.
Council leader John Alexander has hit back at suggestions Dundee's port will be ignored for oil and gas decommissioning works.
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.