Serica on track to meet full year targets thanks to oil production boost
Oil and gas firm Serica Energy (AIM: SQZ) has confirmed it will hit its full year targets for production as two North Sea wells deliver on their promise.
Oil and gas firm Serica Energy (AIM: SQZ) has confirmed it will hit its full year targets for production as two North Sea wells deliver on their promise.
Equinor (OSE:EQNR) has confirmed the five floating turbines of its flagship Hywind Scotland project will be re-installed before winter.
Just 35 North Sea companies paid £7.5billion in 2023 as sector warns UK tax policies will kill jobs, investment and receipts.
The "independent" National Energy System Operator (NESO) starts its mission to deliver a "safe, secure and affordable energy system capable of supporting net-zero".
A mismatch between supply and infrastructure has led to severe delays — up to a decade in some cases —for renewable energy projects looking to connect to the UK’s energy grid which is struggling to keep pace with rapid growth.
Over 270 women and men came to the event in Aberdeen to celebrate the need for diversity, equity and inclusion in the energy transition and how we can get there.
US energy giant GE Vernova (NYSE: GEV) has completed an expansion of its grid solutions business in Stafford, England to meet growing demand for high-voltage direct current (HVDC) cable in the offshore wind sector in the UK as well as Europe, Asia and North America.
Aberdeen's Peterson Energy Logistics grew its footprint in the renewable energy and nuclear sector which powered growth in turnover and profits last year.
The UK's major energy company isn’t the be all and end all as the Energy Profits Levy, combined with a potential removal of tax allowances, still hangs over the sector like the Grim Reaper stalking its next victim.
CEO of ThinkPR and co-founder of Women in New Energy (W.I.N.E) reflects on the past 20 years of running her energy-focused marketing firm. Along with celebrating the company milestone this year, it also marks the second W.I.N.E conference on the 26th of September following the hugely successful inaugural event in 2023.
Swedish firm Aira is investing heavily in the Scottish market as it aims to take a million British homes off gas.
Flex-lay specialist Maritime Developments Ltd (MDL) has celebrated a new contract win as it attends the Rio Oil and Gas show, now called ROG.e.
The decline in the North Sea tax base raises further questions over the £1.2bn per annum uplift in windfall tax revenues which the government has ear marked to fund GB Energy.
Aberdeen Renewable Energy Group (AREG) has appointed two new directors, Allan MacAskill and Andrew Wilson, to its board. The appointments represent more than 60 years of combined energy sector experience for AREG, whose mission is to champion the Northeast's renewable energy sector.
Jersey chief executive Andrew Benitz said the firm's achievements have been marred by "fiscal and political turmoil" which has forced them to take measures including a 50% cut in staff and director salaries.
SPE OE25 will incorporate exhibition halls themed to address the "pressing issues facing the sector today".
Widening the diversity of the energy sector's workforce and leadership is being seen as an increasingly important part of the sector's licence to operate.
Wales and West Utilities (WWU) has commissioned infrastructure firm Costain to investigate the feasibility of blending hydrogen into the gas supply for industrial and commercial gas customers.
Thistle Wind Partners (TWP) has submitted the offshore scoping report for its 1GW Bowdun Offshore Wind Farm off the coast of Aberdeenshire to Scotland’s Marine Directorate.
Offshore Helicopter Services UK (OHSUK) has taken two bespoke multi-million-pound Leonardo AW139 helicopters for the offshore energy sector Search and Rescue (SAR) fleet.
60 years to the day since BP got its first licence to operate in the North Sea, Doris Reiter warns the 'basin will lose out' on jobs, investment and the energy transition unless government and industry get on the same page on taxes.
Predator Oil and Gas (LON: PRD) has appointed Aberdeen-based well management specialist Zenith Energy for a project in Morocco.
Industry and policy makers have a choice, either the UK North Sea faces a "premature end" or it could be a " shining example of how to transition an oil and gas province into a clean energy super basin".
UK energy major BP (LON: BP) had sold a share in a key Caspian pipeline to US investors Apollo (NYSE: APO) in a deal raising $1billion (£760m).
Concerns have been raised the project may now face court challenges by "emboldened" environmental campaigners.