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.

Equipment at DeepOcean

30% of DeepOcean's North East staff at risk of redundancy with further threat to offshore roles

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

An oil rig in the North Sea

BP to brief staff about job cuts amid restructure of North East operations

Oil giant BT employs thousands across the UK, including the North East, and unions say job cuts could cause serious damage to our energy capacity

The NOF Energy Annual Dinner, 2014

Companies come together for NOF Energy dinner

Event celebrates the best of the North East energy and offshore sectors

Petrol pump

Oil price collapse will hurt North East offshore sector but companies are prepared

North East Offshore firms braced for difficult times, but know that industry will recover

Rain Newton-Smith, director of economics at the CBI

Falling oil prices deliver winners and losers - but could it also aid the skills shortage?

CBI director of economics Rain Newton-Smith said skills are transferable and some struggling sectors could make gains as a result of the crisis.

Equipment at DeepOcean

DeepOcean to shed North East jobs as oil industry crisis spreads

The Darlington subsea engineering specialists have seen work decline following falling oil prices

Ciaran O'Donnell, Flexlife CEO

Subsea specialists Flexlife confirm Newcastle operation is under review in light of oil price crash

The umbilicals engineering firm stressed it had not come to a final plan yet

A computer generated image of how the Gateshead energy centre will look

Landmark buildings among the first to be supplied from new energy centre in Gateshead

Gas powered station in Gatehead will provide low cost electricity to landmark buildings

TAG Energy Solutions facility on the River Tees

Creditors of TAG Energy Solutions face £61m shortfall

The offshore energy sector manufacturer went into administration in October following a lack of work

From left: Rob Anderson (FES), Mark Evans (Orwell Offshore) and Ian Latimer (FES)

FES International scoops part of $40m deal to supply Malaysian oil field

Ashington's FES has teamed up with Suffolk-based Orwell Offshore to deliver the contract

Oil rig selfies... at Christmas

Pictures from around the world show how the festive season is celebrated in the offshore industry on oil rigs

An oil rig in the North Sea

Regional oil industry players respond to North Sea 'crisis' claims

NOF Energy boss calls for 'sense of perspective' amid worries that oil price collapse will batter the North Sea

Eddie Fergusson House, Archer's former offices

Nearly 70 jobs under threat as Archer closes Blyth base

The oil services firm announced the closure to staff this week, just over a year since expansion plans were talked about

Paul Appleby, Head of Energy Economics at BP

Senior BP man among speaker lineup for major Tyneside energy conference

The first speakers for March 2015's Energy: A Balanced Future conference have been announced

Harrison Rafferty, logistics assistant with Geothermal Drilling Ltd

North East at the forefront of multi-million pound geothermal energy plans

Despite a recent setback, scientists say the North East has the potential to become the site of the UK’s first geothermal energy scheme in decades

George Rafferty, chief executive of NOF Energy

Energy supply chain upbeat despite challenges posed by oil price fall

Firms weighed in on prospects for 2015 as the NOF Energy annual survey was published

The Chancellor of the Exchequer, George Osborne delivers his Autumn Statement to MPs in the House of Commons, London

Energy sector in the North East gives mixed reaction to the Chancellor's Autumn Statement

It's fair to say the North Sea oil industry was underwhelmed by last week's Autumn Statement tax cut - but a subsequent declaration of Government support for the basin has boosted morale

From left: Ennsub's Paul Lavelle, technical director; Scott Macknocher, general manager, and Gordon Conlon, operations director.

Teesside offshore engineers Ennsub fly in customers for milestone equipment demo

The firm demonstrated the fruits of two years work to a party of oil and gas industry customers

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