North Sea slide fails to dent record output for Hisbiscus
Hisbiscus Petroleum reported its highest group quarterly production to date, even as revenues and output from its North Sea business fell on lower prices.
SSE boosts investment plan to spend energy crisis cash
British power generator SSE will expand its green spending plan to £40 billion ($49.9 billion) over the next decade after earnings almost doubled last year.
Prax awaits final NSTA approval to clear Hurricane bid
Prax E&P’s bid for Hurricane Energy has been cleared by government officials, with the company now awaiting a final written approval from the regulator as to the status of its offshore licences.
EnQuest confirms award of four CCS licences in Q2 update
EnQuest reported solid production performance for the year so far, and confirmed its allocation of four carbon storage licences in the UK’s first licensing round.
23 defects, eight different names: What a dark fleet tanker looks like
A giant oil tanker that was detained in China failed its safety inspection on more than 20 counts, spotlighting the dangers posed by a rapidly expanding fleet of aging vessels sailing the world’s oceans.
“Majority” of UK workers will see no major job impacts from net zero transition
The Climate Change Committee finds that most workers will see no major impact from the UK’s drive for net zero, but “targeted intervention” is needed in Scotland and Wales.
Odfjell aids Norwegian geothermal project with rigless P&A kit
Odfjell Technology has successfully deployed a rigless plug and abandonment (P&A) unit for work at an onshore geothermal pilot project in Tromsø, Norway.
Over 1,600 North Sea workers poised for further round of strikes
Unite the union has announced around 1,650 contractors will begin two new rounds of 48-hour strike action next month.
Salamander signs agreement for INTOG floating wind site
Project partners behind the Salamander floating wind farm have signed an exclusivity agreement with Crown Estate Scotland following success in the INTOG leasing round.
Kistos closes Mime acquisition
Kistos has completed its acquisition of Mime Petroleum, in a move signalling its entrance into the Norwegian market and a bump in resources.
Near-full utilisation pushes Seadrill to healthy Q1 profit
Seadrill bosses have reported a “confident posture” in the company’s first quarter results, as it now looks to make use of an expanded Aquadrill fleet.
The green energy transition – clouds on the horizon?
With net zero commitments increasing pressure on the energy industry to move away from fossil fuels, there is a race to market for renewable energy projects.
Aberdeen subsea firm takes on ESG lead to spur net-zero growth
J&S Subsea has unveiled a new appointment in a bid to drive growth in the circular economy and help clients boost their environmental credentials.
UK government must do more to support pumped hydro storage – Yousaf
The UK Government must do more to support pumped hydro storage projects, Humza Yousaf has said.
Shell facing tense clash on climate at AGM after year of record profits
Shell is set to face a tense annual general meeting that could be dominated by clashes over climate action after the oil major saw a record year of profits.
Baker Hughes buys stake in green hydrogen developer
Baker Hughes will buy a minority holding in hydrogen and ammonia developer ATOME, and will become a partner in its flagship project in Paraguay.
North Sea explorer wound up following licence sell-off
North Sea explorer Azinor Catalyst is undergoing voluntary liquidation in the wake of a series of relinquishments and deals to offload its North Sea licences.
Freeports at Cromarty Firth could signal a jobs boom – so why was earlier scheme scrapped by David Cameron’s government?
A veteran politician who has seen the low-tax zones come and go in his city fears mistakes of the past have not been learned for Scottish projects.
Oil majors seek settlement in multibillion dollar Kazakh dispute
International oil companies are searching for a way to settle a pair of multibillion dollar disputes with the government of Kazakhstan over operations at major oil fields, according to people familiar with the matter.
‘Private chefs, fine sculptures and paintings’: Exxon ditches executive ‘god pod’ in Houston HQ move
In moving its corporate HQ from Dallas to Houston, ExxonMobil will do away with its legendary plush executive suites.
Equinor taps TechnipFMC for well intervention work
TechnipFMC has secured a contract with Equinor to provide well intervention services across Norwegian waters.
Who won offers in the UK CCS licensing round?
Energy Voice offers a rundown of the North Sea operators who have successfully bagged permits under the UK’s first ever carbon storage licensing round.
20 bids accepted in UK’s first ever CCS licence round
Twelve companies have secured a total of 20 licences as part of the UK’s first-ever carbon storage licensing round, spurring on development of several CCS clusters.
Business is back to better than normal for Port of Aberdeen
Port of Aberdeen has reported a return to pre-pandemic levels of activity a year earlier than expected, with 2023 showing further progress.
‘Enough to get on with’: Industry in no rush for INTOG 2
A panel of industry experts suggested there would not rush to hold an 'INTOG 2' leasing round, given the challenges and pace needed to deliver existing projects in tandem with ScotWind.