The Sea Lion oilfield north of the Falkland Islands is set to move into production within the next two years, its part-owner Rockhopper Exploration has confirmed.
Here are the business stories making the headlines across Scotland and the UK this morning.
Councillors have voted to retain Aberdeen's controversial Street Knowledge Test despite opposition from global giant Uber and AGCC research highlighting the economic advantages of its removal.
Revolut Chief Executive Nik Storonsky is set to become Britain's richest man under a £57billion pay award for turning the bank into a $200billion company.
PD&MS Group, an Engineering, Procurement, Construction and Commissioning (EPCC) company headquartered in Aberdeen, has secured a framework contract with Spirit Energy for the provision of onshore and offshore execution services.
Aberdeen based Rubislaw Furniture Solutions has launched its Friends In Need Project, a community reuse programme to help those less fortunate.
The University of Aberdeen will welcome internationally renowned historian Serhii Plokhii, Mykhailo Hrushevsky Professor of Ukrainian History at Harvard University, for a public lecture examining the dangers posed to nuclear facilities during Russia's invasion of Ukraine.
To support the ongoing proliferation of key messaging and company updates across the global energy and Middle East travel markets, ATPI Energy has appointed Grace Longmuir as Head of Energy and Middle East Marketing.
The Scottish Fishermen's Federation (SFF) has announced that its Chief Executive, Elspeth Macdonald, will retire from the organisation in March 2027 after a distinguished career representing Scotland's fishing industry.
Fierce Beer has secured a national listing for This Beer Gives Back, a 5.5% Hazy IPA brewed specifically to generate funds for social good, available in over 300 Co-op stores and 161 Scotmid stores across the UK from June 2026.
While the clean energy transition offers major opportunities, a new report from University of Aberdeen researchers warns that current governance arrangements may leave coastal communities bearing the cost of energy transition while seeing limited long-term benefits.