Playing the high stakes deep sea mining table
Deepsea mining is arguably the most exciting yet controversial segment of the blue economy, which the United Nations estimates boasts an estimated annual turnover of $3-6trillion.
Deepsea mining is arguably the most exciting yet controversial segment of the blue economy, which the United Nations estimates boasts an estimated annual turnover of $3-6trillion.
Replace oil and gas? Anyone connected to the Scottish energy sector knows that the investment in creating those high skill, high value, high wage jobs simply isn’t happening on anything like the scale it needs to, writes Dick Winchester.
Dozens of employees have been added to energy services group First Tech as the firm targets its “best ever year” for turnover.
If the Russian invasion of Ukraine has taught us anything it’s that war isn’t now so much a matter of slugging it out hand to hand on the battlefield and firing big lumps of metal at each other, although sadly that still happens, but increasingly about making far greater use of remote controlled and autonomous or semi autonomous weaponry.
Shell (LON: SHEL) faces a new front in climate litigation as a group of frustrated shareholders launch a lawsuit against the oil giant’s board in the UK.
A trade body has hit out at “increasingly unsustainable” contracts in offshore wind, threatening targets for its rollout.
The largest discovery in a decade for the region will now open up more than a dozen other prospects in the Southern North Sea.
While the country cries out for cheap electricity, it seems perverse to fork out hundreds of millions of pounds to pay wind farm operators not to generate electricity.
CHC Helicopter has named the former head of Maersk Drilling as its new CEO.
How we talk about mental health has drastically changed in recent years.
Weeks after a former BP CEO said the sector was being “demonised”, employee pride at the oil giant is, in fact, higher than ever, according to its current boss.
The erosion of the rights and pay of North Sea energy industry workers appear to have taken a further turn for the worse amid the gig economy.
Energy policy and legislation has dominated the political agenda at Holyrood and Westminster since parliamentarians returned in January.
BP (LON: BP) hit record profits in its 2022 results at a whopping $27.7bn, and announced it is slowing down the pace of its withdrawal from oil and gas.
Is the North Sea getting to grips with ESG?
Despite being the oil capital of Europe, Aberdeen could not previously accommodate jackup rigs or FPSOs due to water depths - but now that option is on the table.
The continual clamour to stop fossil fuel production is both powerful and persuasive. But should this heartfelt passion for net zero trump the dull pragmatism of energy supply? What will the journey to net zero really look like?
Scottish Power has been accused of “environmental madness” after it was revealed more than 70 of its wind turbines had been hooked up to diesel generators.
The Scottish and UK Governments have been called upon to create a long-term energy plan to ensure a ‘viable’ drilling sector remains.
The renowned UK subsea industry has lost 20% of its capability due to recent oil downturns, according to a membership body - and there's an urgent need for joined-up thinking to deliver on the "tsunami" of energy transition opportunity ahead.
Some $24 billion is expected to be spent on subsea and offshore pipelines in Asia Pacific over the next five years, data from energy research firm Wood Mackenzie shows.
AREG CEO David Rodger will be stepping down from his role at the end of March.
A North Sea operator has been slammed for the “dangerous and damaging” release of tonnes of oil into a marine protected area in the UK.
Meanwhile OEUK accuses Labour of “misrepresenting” oil firms earnings in the UK tax system.
Cambo is positive, Rosebank is positive, says Romain Chambault of Baker Hughes, but Harbour Energy’s windfall tax announcement shows the price of poor policy.