Richard Turner, chief executive of Tekmar, has outlined an ambitious strategy to leverage the company’s dominant position in offshore wind cable protection to capture emerging opportunities in critical energy infrastructure
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Metals and mining equities experienced a sharp decline on Thursday following a US producer price report and sustained crude oil prices above $105 a barrel. These factors increased the market
Norwegian deepwater driller Odfjell Drilling has secured a letter of award from Vår Energi for the deployment of the Deepsea Bergen rig. The estimated value of the three-year contract is
Energean has reported a 45 per cent increase in profit after tax for the first half of the year, demonstrating resilience against geopolitical headwinds while simultaneously expanding its production capabilities.
Airports across the United Kingdom experienced significant operational disruption after a technical failure in the national air traffic control system. More than 2,000 flights were cancelled following the incident, which
BP shares may be undervalued by as much as 30 per cent, according to analysts who point to the company’s recent progress in developing international oil and gas assets. Citi’s
Base One, a new science and technology hub in North Acton, has launched with the aim of providing a blueprint for the expansion of advanced manufacturing in Britain. The facility
Seven United Kingdom companies operating within the offshore wind supply chain have been awarded a total of one million pounds in funding support. The Offshore Wind Growth Partnership selected the
Nexos Group has announced a strategic rebranding initiative that consolidates its consulting, engineering and delivery capabilities under a single integrated identity. The move aligns the group’s operating entities, including Nexos,
Brant Standridge has been appointed to oversee all revenue-generating businesses at Huntington, a significant expansion of his existing role as president of consumer and regional banking. The promotion positions the
Douglas Lumsden, the newly elected MP for Aberdeen South, has stated that he will not align his position on renewable energy with that of the Reform party. Although both Lumsden
Jaguar Land Rover has confirmed plans to reduce its global workforce by approximately 4,000 roles over the next two years as part of a broader strategy to save £1.7bn. The
Concerns have emerged regarding the impact of public mistrust towards Palantir on the National Health Service’s ability to utilise patient data for research. James Frith, the health innovation minister, has
North America’s efforts to reduce reliance on China for critical minerals are encountering a structural impediment that regulatory reform alone cannot resolve. The primary obstacle is the extensive duration required
Apple is preparing to launch its first foldable smartphone, a device that has been in development for more than five years since the initial market entry of competitors such as
A former gas field in the Southern North Sea off the Humber coast has been identified as a model for reducing industrial emissions through carbon capture and storage. A study