Crown Estate ups plans for Celtic Sea round to 4.5GW
The seabed manager has refined plans for its upcoming floating wind leasing round off the south west coast, consolidating areas on offer and upping total capacity.
Jobs promised as Shetland’s Ocean Kinetics invests in Irish marine engineers
Shetland-based Ocean Kinetics has announced a strategic investment in MMG Ocean, in a move set to spur new jobs and facilities.
Energy Minister: UK ‘cannot afford’ to lose time on floating wind delivery
In the wake of a disappointing renewables auction the government must do more if it is serious about meeting floating wind targets, according to Scotland’s energy minister.
West Orkney wind farm becomes first ScotWind project to submit consents
Backers of the West of Orkney wind farm hailed a “major milestone” with the submission of offshore consent documents.
Neptune Energy starts drilling at key Norway appraisal well
Neptune Energy has announced the start of drilling at its Ofelia appraisal well in the Norwegian North Sea.
Petrofac clinches $600m Habshan CCUS contract with ADNOC
ADNOC Gas has awarded Petrofac a contract for engineering and construction of one of the region’s largest carbon capture, utilisation and storage (CCUS) schemes.
‘It’s here’: Energy sector reckons with AI potential
Having canvassed the UK energy sector, DNV finds it open to the potential of new AI-powered technologies – albeit with some barriers to overcome.
BP pensioners call for company conduct probe over fund dispute
A group representing BP pensioners has called for an investigation into whether former chief executive Bernard Looney breached the company’s “conduct and values” when dealing with the fund.
BP, Adnoc urged to raise $2bn bid for NewMed stake
An independent committee evaluating BP and Abu Dhabi National Oil Co.’s roughly $2 billion offer for 50% of NewMed Energy has requested the oil and gas giants substantially increase their bid, people with knowledge of the matter said.
Saudi Aramco hunts for more LNG deals to meet surging demand
Saudi Aramco is looking for more acquisitions in LNG following a first-ever deal in the industry last month, as it sees growing demand for the fuel.
Getech finds geothermal potential as Angus Energy eyes new markets
Getech has completed a geothermal study for Angus Energy, identifying several promising areas for energy production in southwest England.
Another BP executive departs with US head resigning
BP’s US president David Lawler is leaving the British oil giant, becoming the second top executive to quit this month after Chief Executive Officer Bernard Looney abruptly resigned.
UAE oil giant doubles carbon capture target ahead of COP summit
The United Arab Emirates’ biggest oil producer is doubling its carbon-capture target as the company works toward a net-zero goal and looks to burnish its green credentials before the UN’s main climate summit.
Orcadian raises £350,000 as farm-out work continues
Orcadian Energy has completed a further share issue, raising funds to progress a proposed farm-out deal and pay off debts.
New judgements bring ‘lack of certainty’ over downstream emissions impact
Amid growing challenges to new projects, recent judgements raise questions over whether courts will consider the downstream impacts of oil and gas developments.
Looney accused of promoting staff following relationships
Allegations that prompted the resignation of former BP boss Bernard Looney include the suggestion that he promoted women with whom he had past relationships, according to the Financial Times.
Kellas kicks off FEED work on Teesside blue hydrogen project
Engineering design work has begun on Kellas Midstream’s H2NorthEast hydrogen project on Teesside, with contracts dished out to Worley and Johnson Matthey.
Hundreds protest in London against Rosebank oilfield approval
Hundreds of demonstrators gathered in Whitehall to demand a rethink of the approval for the controversial Rosebank offshore development.
‘Billions’ of investment threatened by two-year delay to Scottish Energy Strategy
Renewables advocates say a two-year delay to the Scottish Government’s key plans for energy and just transition is putting billions of pounds of investment at risk.
Investment ‘stigma’ of oil and gas must be overcome for a quicker energy transition
Oil and gas service sector companies are finding it harder to source private equity investment potentially jeopardising a successful - and speedy - energy transition.
Danish pension fund wraps up $520m oil and gas exit
Danish pension fund AkademikerPension has completed a multi-year divestment program designed to purge its portfolio of oil and gas stocks.
TotalEnergies warned by HSE over state of Dunbar crane
The UK’s safety regulator has reprimanded TotalEnergies after crane equipment on the Dunbar platform was left in a poor state of repair for several years.
Ineos’ Ratcliffe decries ‘total lack’ of UK energy policy as Forties flows decline
Ineos chairman Jim Ratcliffe took aim at UK politicians over what he described as a "total lack" of energy policy, as flows through a key North Sea pipeline tail off by some 40%.
Rosebank approval sparks London protests
Anti-fossil fuel activists have launched spontaneous protests at government buildings London following the approval of the Rosebank oil field.
Britain loses green jobs in latest blow to net zero transition
The UK said the number of “green jobs” associated with the push toward net zero fossil fuel emissions fell, a blow to the nation’s ambition to lead the way on the transition to protect the climate.