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.

Freddy Shepherd and Bruce Shepherd at Shepherd Offshore's Neptune Yard

Shepherd Offshore Neptune Energy Park: Innovation is key word at £17m centre

Despite the oil price slump the North East’s subsea sector is building for a successful, long-term future

From left: Bill Laurie, general manager at OGN; Dennis Clark, OGN chairman and Rt Hon Patrick McLoughlin MP

North East offshore supply chain offered a lifeline after Budget but there are still concerns for the future

North East experts say there was a lot in the Budget to encourage the beleaguered industry but raise concerns about investor confidence

Matthew Hancock MP, speaking at the NOF Energy conference 'Energy: A Balanced Future'

North East offshore wind industry gathering momentum

With financial support in place for £20bn of work an offshore wind developer says it is ‘desperate’ for North East supply chain to get involved

Shell

Shell UK reveal 250 jobs to go from North Sea operations

Oil giant is making further cuts, on top of the 250 jobs reduction announced last summer, as part of cost saving measures

Technip Umbilicals manufacturing facility in Walker

Hopes for North East jobs after Technip signs up to deepwater joint venture

Hopes that Forsys Subsea will benefit Technip Umbilicals' Tyneside operation as it offers services to deepwater projects

Jamie Beveridge of Bonds Foundry examines two castings, with a combined weight of 14.5 tonnes which make up a horizontal split pump casing, prior to shipment to a customer in Germany

Steel castings group Bonds lines up investment across North East operations

Manufacturer with County Durham and Cumbrian sites is confident it can weather oil and gas downturn

An oil rig in the North Sea

North offshore industry welcomes Chancellor's rescue package for oil and gas

Package of measures adding up to £1.3bn announced by Chancellor in response to crisis caused by oil price slump

NOF conference at the Sage Gateshead

North Sea energy sector sweating on the Budget

NOF conference hears from speakers who point to urgent need to bring help to the oil and gas sector

Matthew Hancock Minister of State at the Department for Business, Innovation and Skills updated

Matthew Hancock tells North East energy supply chain that new measures can boost renewables opportunities

The Minister for Business, Energy and Enterprise stopped short of saying UK content would be prioritised and said firms must be competitive

Harry Bradbury

North East energy firm Five-Quarter hits out at 'alarmist' petition against its activities

Five-Quarter wants to harness the coal lying off the coast of the North East to provide power for thousands of homes

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

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