Energy
Aberdeen oilfield services firm OEM Group enters administration
Published 5 months ago
Richard Bathgate and Donald McNaught, restructuring partners at Johnston Carmichael, have been appointed joint administrators of oilfield services business OEM Group (Scotland) Ltd.
Read on www.scottishfinancialnews.com →
Groundworks underway at ‘Hollow Mountain’ power station
Published 5 months ago
Exploratory groundworks at the site of what would be the UK’s first pumped storage scheme to be developed in 40 years are underway on the slopes of Ben Cruachan, near Oban.
Read on www.scottishconstructionnow.com →
£14.4m Q1 earnings for Aberdeen’s TWMA
Published 5 months ago
Aberdeen-headquartered drilling waste management firm TWMA has posted earnings of $18.3 million (around £14.4m) and EBITDA of $4.7m (around £3.7m), for the first quarter of 2024.
Read on www.scottishfinancialnews.com →
Wood Group contemplates Sidara’s fourth and ‘final’ offer
Published 5 months ago
Dubai-based engineering firm Sidara has made a fourth and “final” takeover bid for Aberdeen-headquartered Wood Group.
Read on www.scottishfinancialnews.com →
Southside buildings and homes could be heated by waste facility, study concludes
Published 5 months ago
An energy from waste plant in the Polmadie area of Glasgow could successfully heat Hampden Park, New Victoria Hospital, schools, a police station, other public facilities and homes across the southside of the city, Glasgow City Council has said.
Read on www.scottishhousingnews.com →
Beatrice Offshore Windfarm accepts £33.14m payment for licence breach
Published 5 months ago
Electricity generator Beatrice Offshore Windfarm Limited has agreed to make a payment of £33.14 million after admitting it breached energy market rules following a review by energy regulator Ofgem.
Read on www.scottishconstructionnow.com →
Peel Ports to prepare Hunterston marine yard for offshore wind sector with £150m investment
Published 5 months ago
Peel Ports Clydeport has signalled its intention to invest up to £150 million in the redevelopment of the Hunterston marine yard in Ayrshire, as it prepares the site to support the UK’s offshore wind sector.
Read on www.scottishconstructionnow.com →
SSE records 4% drop in operating profit
Published 5 months ago
Energy giant SSE has posted an adjusted operating profit of £2.4 billion, down 4% from the previous year, in its annual results for the 2023/24 fiscal year.
Read on www.scottishfinancialnews.com →
Aventus Eco secures £100,000 investment to scale operations
Published 5 months ago
Scottish green energy solutions installer Aventus Eco has secured up to £100,000 in funding from Edinburgh-based tech entrepreneur Ed Broussard, founder of the artificial intelligence startup Tomoro.
Read on www.scottishfinancialnews.com →
Fred Olsen Renewables submits plans for first Scottish hybrid scheme
Published 6 months ago
Fred Olsen Renewables has submitted proposals to the Scottish Government for permission to develop its first hybrid project in Scotland.
Read on www.scottishconstructionnow.com →
£130m flexible energy battery storage park planned for West Lothian
Published 6 months ago
A planning application has been submitted to West Lothian Council for a £130 million flexible energy battery storage park.
Read on www.scottishconstructionnow.com →
Wood Group stands firm against second Sidara takeover bid
Published 6 months ago
Wood Group, the Aberdeen-based oil and mining sector services company, has rebuffed a second takeover offer from its Dubai-based competitor Sidara.
Read on www.scottishfinancialnews.com →
Global Energy Group to deliver floating tidal turbines for Orbital Marine Power
Published 6 months ago
Orbital Marine Power and Global Energy Group have signed a preferred supplier agreement which confirms the build and launch of the next generation of Orbital floating tidal turbines in Nigg.
Read on www.scottishconstructionnow.com →
Scotland’s first consumer-owned wind farm spins into motion
Published 6 months ago
Funded by over 5,600 public members and businesses who raised £13.2 million in 2022, Kirk Hill Wind Farm in Ayrshire is set to commence operations this month.
Read on www.scottishhousingnews.com →
Scotland’s carbon capture sector could generate £300m in annual GDP
Published 6 months ago
More than 3,000 full-time equivalent (FTE) jobs could be supported and £300 million generated for the wider UK economy through the establishment of a CO2 transport and storage (T&S) sector in Scotland linked to the deployment of carbon capture utilisation and storage (CCUS).
Read on www.scottishfinancialnews.com →
Aberdeen oilfield services firm OEM Group enters administration
Published 5 months ago
Richard Bathgate and Donald McNaught, restructuring partners at Johnston Carmichael, have been appointed joint administrators of oilfield services business OEM Group (Scotland) Ltd.
Read on www.scottishfinancialnews.com →
Groundworks underway at ‘Hollow Mountain’ power station
Published 5 months ago
Exploratory groundworks at the site of what would be the UK’s first pumped storage scheme to be developed in 40 years are underway on the slopes of Ben Cruachan, near Oban.
Read on www.scottishconstructionnow.com →
£14.4m Q1 earnings for Aberdeen’s TWMA
Published 5 months ago
Aberdeen-headquartered drilling waste management firm TWMA has posted earnings of $18.3 million (around £14.4m) and EBITDA of $4.7m (around £3.7m), for the first quarter of 2024.
Read on www.scottishfinancialnews.com →
Wood Group contemplates Sidara’s fourth and ‘final’ offer
Published 5 months ago
Dubai-based engineering firm Sidara has made a fourth and “final” takeover bid for Aberdeen-headquartered Wood Group.
Read on www.scottishfinancialnews.com →
Southside buildings and homes could be heated by waste facility, study concludes
Published 5 months ago
An energy from waste plant in the Polmadie area of Glasgow could successfully heat Hampden Park, New Victoria Hospital, schools, a police station, other public facilities and homes across the southside of the city, Glasgow City Council has said.
Read on www.scottishhousingnews.com →
Beatrice Offshore Windfarm accepts £33.14m payment for licence breach
Published 5 months ago
Electricity generator Beatrice Offshore Windfarm Limited has agreed to make a payment of £33.14 million after admitting it breached energy market rules following a review by energy regulator Ofgem.
Read on www.scottishconstructionnow.com →
Peel Ports to prepare Hunterston marine yard for offshore wind sector with £150m investment
Published 5 months ago
Peel Ports Clydeport has signalled its intention to invest up to £150 million in the redevelopment of the Hunterston marine yard in Ayrshire, as it prepares the site to support the UK’s offshore wind sector.
Read on www.scottishconstructionnow.com →
SSE records 4% drop in operating profit
Published 5 months ago
Energy giant SSE has posted an adjusted operating profit of £2.4 billion, down 4% from the previous year, in its annual results for the 2023/24 fiscal year.
Read on www.scottishfinancialnews.com →
Aventus Eco secures £100,000 investment to scale operations
Published 5 months ago
Scottish green energy solutions installer Aventus Eco has secured up to £100,000 in funding from Edinburgh-based tech entrepreneur Ed Broussard, founder of the artificial intelligence startup Tomoro.
Read on www.scottishfinancialnews.com →
Fred Olsen Renewables submits plans for first Scottish hybrid scheme
Published 6 months ago
Fred Olsen Renewables has submitted proposals to the Scottish Government for permission to develop its first hybrid project in Scotland.
Read on www.scottishconstructionnow.com →
£130m flexible energy battery storage park planned for West Lothian
Published 6 months ago
A planning application has been submitted to West Lothian Council for a £130 million flexible energy battery storage park.
Read on www.scottishconstructionnow.com →
Wood Group stands firm against second Sidara takeover bid
Published 6 months ago
Wood Group, the Aberdeen-based oil and mining sector services company, has rebuffed a second takeover offer from its Dubai-based competitor Sidara.
Read on www.scottishfinancialnews.com →
Global Energy Group to deliver floating tidal turbines for Orbital Marine Power
Published 6 months ago
Orbital Marine Power and Global Energy Group have signed a preferred supplier agreement which confirms the build and launch of the next generation of Orbital floating tidal turbines in Nigg.
Read on www.scottishconstructionnow.com →
Scotland’s first consumer-owned wind farm spins into motion
Published 6 months ago
Funded by over 5,600 public members and businesses who raised £13.2 million in 2022, Kirk Hill Wind Farm in Ayrshire is set to commence operations this month.
Read on www.scottishhousingnews.com →
Scotland’s carbon capture sector could generate £300m in annual GDP
Published 6 months ago
More than 3,000 full-time equivalent (FTE) jobs could be supported and £300 million generated for the wider UK economy through the establishment of a CO2 transport and storage (T&S) sector in Scotland linked to the deployment of carbon capture utilisation and storage (CCUS).
Read on www.scottishfinancialnews.com →