UK households look to lock in energy prices as crisis recedes
Fixed energy tariffs are making a comeback in the UK, allowing consumers to lock in power and gas rates now that prices have eased from last year’s record levels.
Selene: Shell and Deltic start surveys on North Sea exploration well
Shell (LON: SHEL) and Deltic Energy (AIM: DELT) have kicked off site surveys for the Selene exploration well in the North Sea.
‘Unrealistic’ offshore wind targets face $100bn supplier investment hurdle
Policymaker targets for global offshore wind are “unrealistic” due to the tens of billions of dollars of investment needed near-term in the supply chain.
Balmoral Comtec applies Aberdeen ingenuity to growing global offshore wind sector
The firm is targeting wave and tidal energy markets too.
Shell eyes 2025 start up for Victory gas field west of Shetland
Environmental regulator OPRED has opened up a public consultation on the new project which sits 29 miles off Shetland.
Pair of ScotWind projects combine for giant 2.3GW Arven development
A pair of ScotWind projects have combined, expanding the Arven development off Shetland.
Orsted shelves Gigastack UK hydrogen project at world’s largest wind farm
Meanwhile, the location of a ‘world first’ floating wind hydrogen demonstrator project off Aberdeen may also be in doubt.
Archer lands $165m decommissioning deal with Repsol Sinopec
Oilfield services firm Archer (OSLO: ARCH) has landed a major decommissioning contract with Repsol Sinopec in the North Sea.
TotalEnergies hails milestone at Ailsa FSO
TotalEnergies (XPAR:TTE) has marked a milestone for its Ailsa floating storage and offloading (FSO) vessel in the North Sea.
The UK’s supply chain presents an enormous opportunity – we must grasp it to support jobs and economic growth
As we build this future, there is no simple choice between oil and gas on the one hand and renewables in the other, writes Katy Heidenreich.
Hydrogen panacea claims are hollow
The manner in which hydrogen is touted as a miracle fuel of the future, you would be forgiven for thinking that it has an immaculate set of credentials, including environmental.
Effective supply chains fundamental to just transition
Just a few weeks ago, the UK’s Energy Transitions Commission stated: “Rapidly scaling sustainable, diversified, and resilient clean energy supply chains is key to achieving net-zero targets on-time and at as low a cost as possible”.
Offshore Europe reaches the Big 5-0
How anyone can predict 10 years ahead let alone 50 is a tough call, and that has certainly turned out to be the case since 2013’s Offshore Europe.
Turning sunlight into hydrogen with record-breaking efficiency
A team of Rice Uni engineers claim they can successfully turn sunlight into hydrogen with record-breaking efficiency in a single and apparently durable, cost-effective and scalable device.
Scotland’s renewables supply chain is sclerotic
Some time back I wrote that despite its self-appointed title as the oil and gas capital of Europe Aberdeen didn’t actually manufacture much of the sector critical technology.
Ardersier is just the start: Why US private equity is splashing £300m in the Scottish Highlands
Haventus is eyeing expansion in the UK, Europe and elsewhere, using Ardersier as a template.
Winser Report: UK can build new power lines in half the time, top adviser says
Electricity transmission line construction can be cut to 7 years from 14 years, says Nick Winser in his report delivered Friday.
MPs voice opposition to Rosebank approval
Dozens of MPs have voiced opposition to approval of the Rosebank oilfield in a letter to the UK Government.
David Whitehouse: The UK can be a net zero hero
Making the most of the UK's resources is the best pathway to energy security and net zero.
Titanic builder Harland and Wolff launches Aberdeen tech business
Aberdeen subsidiary will address ‘a very sizeable business opportunity’ for clean marine tech in the oil and gas market.
Aberdeen Weatherford industrial site – with its own drilling rig – on sale for £1.25m
The site closed down in 2021, with the loss of dozens of jobs, but is now up for sale.
Noble Corp wins $28.5m North Sea contract with Harbour Energy
Drilling firm Noble Corporation (NYSE: NE) has been awarded a 10-month gig with Harbour Energy (LON: HBR) in the UK North Sea.
‘We need a sensible fiscal environment’: Harbour Energy and Equinor bosses respond to Shapps summit
"We need a stable and sensible fiscal environment,” said Harbour Energy’s CEO, in order to have confidence to invest long-term.
BP results: How much did it earn and how much windfall tax did it pay?
Energy giant BP (LON: BP) has unveiled its second quarter results, reporting net profits of $2.58bn and providing an outline of its UK windfall tax payments.
Hydrogen is too expensive for the European companies that want to use it
For all the hype surrounding the emissions-free energy source, European manufacturers both large and small are reluctant to buy into hydrogen