Seismic firms table $2.6bn merger deal
Norwegian seismic firms TGS and PGS have mooted plans for a merger that would create a $2.6 billion giant.
New calls for inquiry into planned Skye windfarms and power line
Pressure is growing for a public inquiry into the “onslaught” of windfarms and power lines earmarked for Skye.
What the UK green hydrogen market can learn from battery storage
In August 2021, the government published its UK Hydrogen Strategy which mapped out plans to achieve its hydrogen production ambition of 5GW per year by 2030. Less than a year later, it doubled this target to 10GW, with at least half of this from electrolytic hydrogen (green hydrogen).
ECITB boss charts path for £70m transition skills drive
ECITB chief executive Andrew Hockey says the group’s new three-year funding will go some way help address the 25,000 new skilled workers needed to support UK engineering projects.
Equinor announces £300m plan to develop Norway’s Eirin gas field
Equinor has submitted a £300 million plan to the Norwegian government to develop the Eirin gas field.
NSTA confirms 14 companies accept licences in first CO2 storage round
The North Sea Transition Authority (NSTA) has confirmed the final list of companies which have accepted licences following the UK’s first ever carbon storage licensing round.
Europe gas prices set to drop on mild start to winter
Europe could soon be awash with gas as another mild start to winter delays heating demand.
Oil giants to explore projects with Brazilian green energy group
TotalEnergies, Casa dos Ventos Holding and Petrobras have signed an agreement to explore opportunities in renewable energy and low-carbon hydrogen in Brazil.
EDF hails ‘summer of storage’ as over 200MW of UK capacity approved
EDF Renewables UK has been awarded planning approval for three new battery sites across the UK, amounting to more than 200MW of capacity.
The Fateful Eight: Can the North Sea reach its 2030 electrification target?
Expectations for North Sea platform electrification are high - but with the clock ticking, questions persist over the cost and feasibility of plugging in aging assets.
Total in talks to invest in Adani Green’s projects, sources say
TotalEnergies is in talks to invest in renewable energy projects developed by Adani Green Energy, people familiar with the matter said, potentially marking the first public deal between the French oil giant and Gautam Adani since a short-seller leveled fraud allegations against the Indian billionaire’s business empire.
Jersey, NEO begin FEED work for Buchan redevelopment
Progress on engineering plans for the redevelopment of the Greater Buchan Area (GBA) are gathering pace following selection of an FPSO.
TotalEnergies plans jumbo green hydrogen tender to cut emissions
TotalEnergies is launching a “massive” green hydrogen tender to reduce the carbon emissions of its six European refineries and two French biofuel plants as pressure mounts on the industry to fight climate change.
Australian LNG workers escalate strikes at Chevron plants
Liquefied natural gas workers at key Chevron sites in Western Australia have begun ramping up a campaign of industrial action in a dispute that has roiled global energy markets.
Capricorn presses on with exploration pull back
Capricorn Energy expects to have shed the majority of its UK workforce before the end of 2023, amid a pullback in North Sea and global exploration.
How north-east oil and gas workers can have a say on their futures
Holyrood wants to hear directly from oil and gas workers in the north-east as it assesses how best to manage the difficult shift from fossil fuel to renewable energy.
Global Underwater Hub opens new North England base in Newcastle
The Global Underwater Hub (GUH) has officially opened its new north England regional office in Newcastle upon Tyne.
BP’s urgent search for a new CEO: Who’s on the list?
BP board woke up on Wednesday facing an urgent search for a new boss, its fifth in 16 years.
Banchory turbine firm secures £100k Scottish Enterprise grant
Rivtide Power has been awarded a £100,000 SMART: SCOTLAND feasibility study grant by Scottish Enterprise to further develop its hydro-turbine technology.
Monitoring begins at 1GW floating Scotwind site off Caithness
Developers of the Stromar floating offshore wind farm have launched a buoy at its development site, kicking off a year-long monitoring campaign.
European Union pledges to help struggling wind industry
The European Commission announced plans to help the region’s struggling wind sector, which is dealing with issues including a lack of access to financing and increased international competition.
Saudi Arabia’s production cuts threaten a surge in oil price volatility, IEA warns
Oil supply cuts by Saudi Arabia and Russia will create a “significant supply shortfall” and threaten a renewed surge in price volatility, the International Energy Agency warned.
Ørsted makes first UK solar play with shares in one of country’s largest sites
Ørsted has entered its first solar project in the UK, buying a share in a 740MW development site in Nottinghamshire.
Chevron buys into world’s biggest hydrogen-storage plant in Utah
Chevron (NYSE:CVX) will become majority owner of what’s expected to be the world’s largest hydrogen production and storage facility as the oil giant invests in tech aimed at addressing the intermittency that plagues wind and solar power.
GE Vernova wins work on £2.5bn East Coast grid link
Grid operators have picked GE Vernova and Mytilineos Energy & Metals to help deliver infrastructure for a £2.5bn subsea cable linking the Central Belt and north east England.