BP is changing its incentive programme for employees, as part of its “fundamental reset” announced in February.. Bosses have said the changes, which narrows the top incentive bracket, is not ...

A timeline of the Wood Sidara takeover bid. Click to zoom. It was against this backdrop that Sidara returned in February with a fresh takeover bid for Wood.. By then, Wood’s share price had gone ...

And that’s just the beginning. Hunterston will also host a major onshore aquaculture facility for leading seafood producer Bakkafrost. Talks are underway with several more potential tenants ...

The new Liebherr crane at ASCO’s base at Albert Quay in Aberdeen. This year, the firm with bases in Great Yarmouth and Teesside has landed £450m in contracts to date across the UK and Norway ...

Badenoch to call for end to windfall tax and ban on new oil licences. Conservative leader will call for an end to the Energy Profits Levy on North Sea firms, which her party implemented in 2022.

Government pledges £200m for Peterhead Acorn CCS. Following spending review commitment to CCS, Energy Secretary Ed Miliband announced next stage for St Fergus gas plant in Aberdeenshire.

The UK government’s 2025 Strategic Defence Review made it very clear that our underwater domain is more vulnerable – and more strategically vital – than ever before.

GB Energy budget to fund £2.5bn nuclear SMR programme. Rolls-Royce SMR programme will take up around 30% of the initial £8.3bn GB Energy budget.

If not the North Sea, where? – Part 2. Alternative oil investment locations are all in the mix for those looking beyond the challenges of the UK and a challenging local environment.

Global Underwater Hub calls for armed forces to work with UK subsea supply chain. Following the UK spending review, Global Underwater Hub has asked the armed forces to work with British subsea ...

Lee Hunter, Energy Market Lead at Bureau Veritas, will host a round table on June 26 to explore these issues in greater depth. These challenges are multifaceted: ...

‘Bittersweet’ progress as majority of energy company boards fail women. Energy companies in the top quartile for gender diversity are a third more likely to deliver above-average profitability ...