Equinor company along with SSE company plan to establish a new gas-fired power plant with carbon capture technology at Peterhead in Scotland.

Growth in Scotland will lag further behind the UK in coming years as the downturn in the North Sea oil and gas industry takes a heavy toll on the country, economists have predicted.

Technip, a world leader in engineering for the energy industry, has been awarded a brownfield subsea contract for the Triton floating production storage and offloading (FPSO) vessel, operated by Dana Petroleum, located in the central North Sea.