UK in decom spat with EU countries on plan for ‘Brent-light’ North Sea oilfield
The UK is facing opposition from several European nations for its support of Fairfield Energy's plan to leave the huge legs of the Dunlin oilfield in the North Sea.
The UK is facing opposition from several European nations for its support of Fairfield Energy's plan to leave the huge legs of the Dunlin oilfield in the North Sea.
Aberdeen-headquartered Wood (LON: WG) has settled a legacy lawsuit against one of its subsidiaries in a $115m payout.
Ithaca Energy (LON: ITH) has hinted at contracts on the horizon for the Cambo oilfield, with “line of sight” to sanctioning the project next year.
The UK Government is mulling an increase to the North Sea windfall tax to 35%, Energy Voice understands, in a move which executives said threatens billions of pounds of investment.
A North Sea firm has asked Jeremy Hunt to provide a “small fields allowance” in the windfall tax, reinstating legislation from George Osborne’s era in the Treasury.
There is so much work to be done over the next 10 years in decommissioning that executing it could be a bigger concern than the supply chain having to chase it.
The winning trophy design for the 2023 Offshore Achievement Awards has been unveiled.
As humankind drives relentlessly towards climate catastrophe, just a few days ago the International Energy Agency offered a crumb of comfort regarding CO2 emissions.
The future of offshore renewables, Scotland’s hydrogen ambition, the changing supply chain, skills, and the transformation of the workforce will be amongst the major talking points at AREG’s inaugural Energy Futures Event next Conference and Exhibition next week.
Blending technology and training to address energy sector changes. 3t Energy Group is harnessing the power of technology to transform training and learning competence management across the global energy sector.
In all discussion about the drive for renewables and the need to wean ourselves off fossil fuels, one crucial word is heavily under-represented. That word is “storage’ and I have long found the lack of emphasis on it by policy makers a source of puzzlement.
For the last 50-plus years, the UK’s energy industry has been dominated by oil and gas activity, but as our industry matures, it faces increasing opportunities in decommissioning.
The looming threat of changes to the UK windfall tax is the “biggest question” hanging over development of the huge Cambo and Rosebank oilfields.
Failing to meet diversity and inclusion (D&I) targets could see oil firms’ access to funding being cut, the North Sea’s largest producer has warned.
Over 3.5GW of global offshore wind capacity will reach the end of operational life by 2035 if no other action is taken.
“We’re hopeful we can get the seabed lease then put our foot down on delivering,” is the message from the triarchy behind the Salamander floating wind scheme off Peterhead.
What brought that on? My anger with one of the latest “Scotland is now” claims. Issued by Scottish Development International as a Tweet it claims, and I quote: “From wind to wave and hydrogen to solar, Scotland is a global leader in renewable energy”. The associated video itself then goes on to claim that “Scotland’s a leader in hydrogen and fuel cell technologies”.
Workers were forced to evacuate from a transformer platform in the giant £3billion Seagreen wind farm 27 miles off Scotland’s Angus coastline, following an escape of “the most potent greenhouse gas” in the world.
Global energy consultancy Xodus has added ornithological services to its specialist decommissioning offering.
Workers appear to have caught a glimpse of a North Sea oil rig being broken up at a yard in Turkey.
North Sea oil firms have sent a letter to chancellor Jeremy Hunt, calling the UK one of the most “fiscally unstable” places to do business in the world as another windfall tax threat looms.
Dutch group Damen Shipyards is developing a new class of vessel that will be capable of supporting the next big development in offshore wind; the large-scale roll-out of large floating offshore wind turbines.
Several Scottish companies, including SSE, Xodus, and Flotation Energy, are laying the groundwork to play a key role in developing Japan’s nascent offshore wind market.
TV and radio presenter Colin Murray has been unveiled as the host of a new charity gala event for people living and working in the north-east.
“In the early 2030s we will have probably removed all of the assets we have operating at the moment,” says David Wilson, decommissioning and projects director at TAQA (ADX: TAQA).