OEUK: Choose homegrown energy
With an ongoing cost of living crisis, war in Ukraine, and increasingly evident impacts of climate change, energy policy has been firmly at the centre of the political debate.
Subsea sector seeks confidence and stability in 2024
For many in the underwater industry, the last 12 months can be best summed up as confusing. Shifts in energy policy coupled with the turmoil in the global offshore wind markets have led to uncertainty in the supply chain which can only thrive on certainty.
Skills and safety paramount as North Sea activity picks up
2023 has seen the industry go from no sanctioned projects to a raft of incoming projects such as Rosebank and the Jackdaw project.
Ayrshire wind turbine sheds blades in Storm Gerrit gales
Onlookers captured the moment an onshore wind turbine in Scotland shed its blades and disintegrated amid high winds during Storm Gerrit.
War of words continues as Reabold approaches shareholder vote
Reabold's co-CEOs warned of 'very significant' conflicts of interest in their proposed replacements, while dissenting shareholders said 'certain disaster' awaits the company without a change of strategy.
Azeris see no risk in France spat to TotalEnergies-led project
Azerbaijani Foreign Minister Jeyhun Bayramov told reporters Thursday there’s no risk to his country’s natural gas project led by France’s TotalEnergies despite escalating tensions between the two countries.
Norway pension fund blacklists Aramco, other Gulf companies
Norway’s largest pensions’ manager divested $15 million from Gulf companies on concerns they may facilitate human rights violations, and decided to exclude Saudi Aramco because of climate risks.
Orcadian floats CCS-equipped gas to wire plans in Southern North Sea
Plans would see a converted jack-up used to house power and CCS equipment, with electricity output tied into a nearby wind substation.
Row as CCUS given zero funding in Scottish budget
The Scottish Government has not allocated any Budget funding to carbon capture, utilisation and storage (CCUS), blaming ongoing questions over the timing of Westminster support.
Ørsted takes FID on Hornsea 3
Ørsted has taken a final investment decision (FID) on the 2.9GW Hornsea 3 wind project – billed as the world’s single largest offshore wind farm.
Progress for Acorn, Viking as government unveils ‘CCUS Vision’
The UK government has set out the next steps towards developing a ‘self-sustaining’ CCUS market from 2035, alongside updates on its cluster sequencing process.
Subsea Expo delegates look to ‘blue frontier’ at Aberdeen event
More than 6,000 international delegates are expected to attend the 2024 subsea conference in Aberdeen.
First substation in place at Moray West wind farm
Boskalis has installed the first offshore substation at the Moray West wind farm, while work to install monopiles continues.
The Megawatt Hour – Episode 10: Back to the future
Over the course of nine episodes the Megawatt Hour podcast has covered the ins and outs of batteries and other storage technologies, the ups and downs of the power market and the meanders of the policy landscape.
EnQuest’s Thistle Alpha to go to Norway for decommissioning
North Sea operator EnQuest has confirmed its Thistle platform will be sent to an Aker Solutions yard in Norway for dismantling, some time from 2025 onward.
UPDATED: BP to pause all tanker transits through the Red Sea
Oil and gas giant BP said it will pause all shipments through the Red Sea following an escalation of attacks on merchant shipping by Houthi militants.
New figures show nearly 43,000 jobs supported by Scottish renewables
The clean energy industry supported the equivalent of just under 43,000 Scottish jobs in 2021, according to new estimates published by Scottish Renewables.
Inductosense eyes Aberdeen office as firm doubles size and sales
Inductosense says it has undergone significant growth over the past year, with plans now afoot to open an Aberdeen office in 2024.
Seadrill closes UK office as senior exec departs
Seadrill will close its UK office in London, instead moving to ‘consolidate’ its corporate activity in Houston.
Plans for huge EV charging site at old Stoneywood oil HQ
A former Aberdeen oil HQ could be bulldozed to make way for what might be Scotland's largest electric vehicle charging station.
BP memo says Looney pay decision was not ‘unduly harsh’
An internal memo sent to BP senior staff denies its decision over forfeited share, salary and bonus payments to former CEO Bernard Looney is overly punitive.
Deal-hungry Woodside CEO draws criticism in rush for growth
At one of Perth’s most affluent beach-side suburbs, police were already in wait on an early morning in August as climate campaigners arrived near the home of Woodside Energy Group's Chief Executive Officer Meg O’Neill.
How to avoid choppy waters when the time comes for decommissioning
As the North Sea energy sector transitions into a new era, there are a range of challenges and opportunities on the horizon.
EU reaches tentative agreement to overhaul electricity market
The European Union agreed on an overhaul of the bloc’s power market to accelerate the rollout of renewables and curb volatility in electricity prices during the energy transition.
Wall Street makes zero progress in energy finance transition
The world’s largest banks are showing little or no progress when it comes to their promise to help the world avoid the worst consequences of global warming.