Swedish heat pump firm Aira launches in UK pledging £300m investment
Swedish heat pump firm Aira has launched in the UK, pledging to create 8,000 jobs as part of a £300m investment.
Awilco Drilling emerges victorious over Singapore yard Keppel in $43m case
Awilco, which currently has no assets, told Energy Voice it is reviewing investment opportunities.
Over half of Scottish fishing space could be lost as green energy ramps up
More than half of Scottish fishing grounds could be lost by 2050 as offshore renewables ramp up, the leading industry body has warned.
Firms must get ready for sustainability legislation
If anyone was in any doubt that the lack of a coherent and long-term energy strategy is thwarting our net-zero ambitions, the events and news in recent months, have brought this into sharp focus.
Global E&C adds apprentices as part of skills drive
Engineering, procurement and construction (EPC) service firm Global E&C has added four new apprentices to its ranks as part of a skills drive.
TAQA plans end to North Sea production in 2027
TAQA (ADX: TAQA) intends to cease production from all of its UK North Sea platforms by the end of 2027.
HSE slams Apache as 26,000 hours of safety-critical work left unchecked
HSE inspectors have found nearly 26,000 hours of safety-critical maintenance work left outstanding across several Apache North Sea platforms.
Huge Orsted UK wind park to benefit from Treasury tax relief
Orsted (CPH: ORSTED) will benefit from permanent tax breaks announced by UK Chancellor Jeremy Hunt in an effort to support the country’s business in the shift to clean energy.
Electricity Generator Levy: New UK renewables projects to be exempt
Meanwhile capital allowances on investments — a form of tax relief designed to ease upfront costs — will remain in place, in a boon to renewables developers.
Dabinett: Horizon gets green light to drill high-impact North Sea target
Horizon Energy Partners has been given the regulatory green light to drill its high-impact Dabinett prospect in the UK North Sea, but has pushed the timeline to 2025.
Korea’s SeAH gets £367m financing for major UK wind factory
SeAH manufacturing plant in Teesside, the world’s largest of its type, will create 750 jobs.
Dumping and derogations: OSPAR rules among top challenges facing UK decommissioning
Operators are waiting years for decisions on the contentious topic of whether they can leave structures in the sea.
Well-Safe Solutions signs global decom deal with BP
Well-Safe Solutions has signed a global master agreement for its decommissioning services with BP (LON: BP), lasting until at least 2026.
Decommissioning oil and gas ‘megastructures’ set to clash with offshore wind
OEUK decommissioning report highlights supply chain crunch between wind installation and removing oil and gas platforms.
New owners at AquaTerra after management buyout
There are new owners in place at Aberdeenshire-headquartered AquaTerra Group after a seven-figure management buyout.
UK ‘could challenge Europe’ on heavy lift vessels
The UK “could challenge continental Europe” on heavy lift vessels, trade body OEUK has said, as the North Sea requires a “colossal push” from them.
Sir Keir Starmer hears ‘frank and honest’ views in Aberdeen as Labour leader sets out £2.5bn energy jobs plan
Industry leaders had pushed Sir Keir to visit the region after his party revealed controversial plans in June to end North Sea exploration.
NSTA plan will see North Sea platforms shut early, operators warn
North Sea operators have raised “serious concerns” over a new plan from the NSTA regulator, warning that shutdown of UK platforms could be “dramatically accelerated”.
Stornoway deep water port taking shape
A new Stornoway deep water port, hailed as a “game-changer” for the region's renewable energy ambitions, is taking shape.
Siemens Energy secures provisional deal for project guarantees – report
Beleaguered wind turbine manufacturer Siemens Energy has reportedly secured a multi-billion-euro loan deal in principle with the German Government, its top shareholder other parties in project-related guarantees.
Elemental Energies rising to demand with more acquisitions
Elemental Energies, the wells specialist which has been on a run of acquisitions, is planning even more growth to meet operator demands.
Greenpeace protestor risked being ‘dragged under’ Shell Penguins FPSO
A Greenpeace activist risked being “dragged under” the Shell (LON: SHEL) Penguins FPSO when they fell in the water during a protest this year, a legal document has revealed.
Wood on course for $6bn revenue target
Wood Plc (LON: WG) has delivered yearly growth on Q3 revenues, as it targets $6bn in its first full year since outlining a revamped strategy last November.
Shell threatens lawsuit over Greenpeace North Sea vessel protest
Shell (LON: SHEL) has threatened Greenpeace with a multi-million-dollar lawsuit over a protest held on one of its UK North Sea assets this year.
Lack of S-92 helicopter parts stifling growth, says Bristow CEO
The CEO of Bristow (NYSE: VTOL) has criticised “significant delays” for spare parts for S-92 helicopters, stifling the firm’s global growth.