NSTA guidance aims to speed North Sea deals
The North Sea Transition Authority (NSTA) has published new guidance designed to smooth and accelerate merger and acquisition (M&A) deals between companies operating in the North Sea.
Aberdeen’s 3T energy training firm bags £200,000 to create mobile training capacity
Aberdeen-headquartered 3t Training Services, an energy-sector training provider, has landed a £200,000 grant to help create additional training capacity for under-served areas of the engineering construction industry (ECI).
AquaTerra hits £3m renewables milestone
Aberdeenshire-headquartered AquaTerra Group has hailed reaching a milestone £3 million in revenue from renewable energy contracts.
Port of Milford Haven works to woo investors under Celtic Freeport initiative
The Port of Milford Haven in Wales received a delegation of potential international investors for a two-day visit ahead of confirmation that the case to offer tax incentives as part of the Celtic Freeport initiative has gone ahead.
Partners aim to eradicate worst greenhouse gas SF6 from grid transmission system
A project to replace the use of sulphur hexafluoride (SF6), one of the worst known greenhouse gases which is widely used across the UK's electricity transmission network, has been launched.
Time is running our to solve the poisonous SF6 UK grid dilemma
SF6 is the most potent known greenhouse gas on earth so why is it still being used in UK's electricity transmission network?
UPDATE: Industry hails Labour’s £22bn pledge for carbon capture projects in England
Two projects in the North of England aimed at sequestering carbon and producing hydrogen have won the full-throated support of the UK government and a pledge for nearly £22 billion over the next 25 years.
Axis unveils seven steps to energy industry equality
Seven initiatives to help energy industry businesses increase the diversity of their workforce were unveiled at an event in Aberdeen.
Hopes rise for North Sea windfall tax “successor”
Analyst Wood Mackenzie believes "where there’s a will, there’s a way" in achieving a consensus on an improved system of taxation despite differences of opinion between government, industry and North Sea investors.
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.
Hywind Scotland turbines on track to be reinstalled in weeks
Equinor (OSE:EQNR) has confirmed the five floating turbines of its flagship Hywind Scotland project will be re-installed before winter.
Who is the UK North Sea’s top tax payer?
Just 35 North Sea companies paid £7.5billion in 2023 as sector warns UK tax policies will kill jobs, investment and receipts.
NESO should be ‘Bank of England’ for energy
The "independent" National Energy System Operator (NESO) starts its mission to deliver a "safe, secure and affordable energy system capable of supporting net-zero".
Grid-locked: can NESO be the silver bullet to unlocking capacity crisis?
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.
Women in New Energy challenge: Ban the ‘manel’
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.
GE Vernova boosts HVDC manufacturing capacity in England
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.
Peterson Energy Logistics reports powerful 2023 results
Aberdeen's Peterson Energy Logistics grew its footprint in the renewable energy and nuclear sector which powered growth in turnover and profits last year.
Welcome, GB Energy, but let’s not kid ourselves
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.
Women in New Energy, 20 years and the future
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 heat pump firm Aira expands to Scotland as part of £300m investment
Swedish firm Aira is investing heavily in the Scottish market as it aims to take a million British homes off gas.
Aberdeen’s MDL wins ultra-deep water SURF deal in Brazil
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.
Shrinking oil and gas profits tax take ‘casts doubt’ on UK Government plans
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.
Power Moves: New board members for AREG and more
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 Oil and Gas ‘hopes sense prevails’ in Westminster
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.
Aberdeen’s SPE Offshore Europe 2025 is open for business
SPE OE25 will incorporate exhibition halls themed to address the "pressing issues facing the sector today".