Energy

All the latest news from the energy sector, including local firms leading the way for the North East. Plus information on energy opportunities, advice and comment pieces from business experts in the field.

An oil rig in the North Sea

Plummeting exploration is threatening the future of North Sea oil

Oil price crash and decline in production have led to historical lows in exploratory wells being sunk

Chief executive of Oil Consultants, Helen Smith

Oil price drop leads to job losses at North East firm

Effect of low oil prices leads to job losses at Washington firm Oil Consultants, and is also noted by manufacturers' group EEF

A 20m span x 24m long Rubb NV type building featuring 5m x 5m roller shutter doors in each front gable end

Rubb Buildings Ltd's know-how helps quick turnaround of offshore project - sponsored feature

A Rubb Heli-Door was the perfect solution when Barrier Ltd needed to widen access to a shelter used for specialist coating of offshore platform decks - sponsored feature

An oil rig in the North Sea

New Oil and Gas Authority issues call to action for North Sea operators

A report rushed out ahead next month's Budget suggests oil and gas operators must become more collaborative

Durham firm Tekmar is leading the way in providing equipment for offshore wind farms

The Newton Aycliffe-based company is at the forefront of the offshore wind industry's drive to reduce costs

Petrol pump

Oil price turmoil is a tale of two halves for the North East

A major oil industry survey offers clear instruction for the Government ahead of next month's Budget

Managing director of FES International Rob Anderson

Tyneside firms land significant subsea projects in the face of oil industry woes

Technip's Walker operation will supply parts for the Glenlivet oil field, off Shetland, while FES will supply a Nigerian offshore project

Houghton International apprentices

Houghton International break £5m turnover barrier and expect to recruit 150 for Walker operation

Electro mechanical engineering firm Houghton International  also plot a £2m investment in Newcastle operation

The QA Weld Tech team, from left to right, Paul Langley finance director; Charles Tighe, managing director; Richard Knowles technical director; David Pickles operations director

Brazil beckons for growing Teesside engineering firm

QA Weld Tech's overseas expansion comes after a record year for the welding and fabrication firm which saw turnover double to £16m

Guss Weiss of GDF Suez Energy

Energy costs are making the UK uncompetitive, says power company boss

Head of GDF Suez Energy says the UK will lose businesses abroad if it carries on with its low-carbon targets

An oil rig in the North Sea

Job losses spark call for Government action on offshore industry

Stockton firm becomes the latest to shed jobs, but so far only the Scottish Government has acted

An oil rig in the North Sea

Oil jobs under threat as MHWirth to close Stockton base

Akastor, the Norwegian parent of oil drilling specialists MHWirth, is cutting 750 jobs globally

Nigel Davison, MD of Gateshead's Express Engineering for business

Express Engineering pick up global export award after £12m investment

Express Engineering picked up the Global Export prize at the annual Subsea UK Awards

Andrew Hodgson, managing director of SMD

SMD boss Andrew Hodgson says offshore sector is set to boom

The £120m sale of SMD to a Chinese buyer demonstrates the on-going strength and healthy long term prospects of the subsea sector, says its chief executive Andrew Hodgson

AIS' Dave Bowyer welcomes guests at the launch of the firm's new Renewable Energy Centre

The next generation of UK wind turbine engineers are being trained in the North East

A group of top-flight offshore training companies are leading the charge to upskill nearly 70,000 workers over the next decade

Chief Executive of Oil & Gas UK Malcolm Webb speaking during the Summit

North Sea oil 'on a knife-edge' conference hears on offshore sector

Conference hears fears for future of offshore sector - but says companies in the North East could provide the solution

Paul Stonebanks, managing director of AIS

North Shields energy centre is blazing a trail for offshore training

AIS training centre in North Shields is expanding its activities even as the offshore industry feels the pinch

Equipment at DeepOcean

DeepOcean to shed North East jobs as oil industry crisis spreads

The subsea engineering specialists confirmed expected redundancies amidst falling oil prices and lack of renewables work

An oil rig in the North Sea

Oil companies told to 'hang on in there' during North Sea price slump

Offshore firms are hoping for drop in punishing tax regime in February's Budget

Mia Denos, one of the co-founders of Tumbling Dice Ltd

Gosforth firm pioneers fossil recognition software for use in shale oil and gas industry

Tumbling Dice Ltd has secured funding to apply its pattern recognition technology to oil and gas drilling activity

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