OMC reflects on a ‘few busy weeks’, with work at Kincardine, SNS and Gulf of Mexico
It has been a whirlwind last month for Offshore Marine Contractors (OMC) as the Dutch firm wrapped up a number of projects across the globe.
Bumi Armada enters UK carbon shipping JV alongside Navigator Holdings
Malaysian vessel owner Bumi Armada has struck a non-binding memorandum of understanding with Navigator Holdings to provide carbon shipping and injection solutions in the UK.
Field development plan lodged for Southern North Sea gas cluster
Australia’s Hartshead Resources (ASX:HHR) has submitted a field development plan (FDP) for the first phase of Southern North Sea project.
It’s time to rethink wind yields
Wind farms today are not generating the power indicated by energy yield assessments. A significant body of industry research is pointing to pre-construction energy yield assessments (EYAs) being overestimated, when compared to the turbines in operation onsite. One paper shows that European EYA assessments overestimate yield by an average of 8.9%.
Offshore wind inflation woes persist as mineral costs soar by 93% since 2020
Fresh analysis has laid out plainly the mammoth cost increases swamping the world’s offshore wind industry.
Italy’s Eni nears $5bn deal for Neptune Energy
Italian energy group Eni (NYSE: E) is nearing a deal to acquire oil and gas explorer Neptune Energy Group for about $5 billion, according to people familiar with the matter.
DNV snaps up cyber security services firm Nixu for £83m
Risk management body DNV is to acquire Finland's Nixu in a move that will "create one of Europe’s fastest growing cyber security services businesses".
CCS, offshore wind deadlock broken as BP removes objection to Orsted project
Energy giants BP (LON: BP) and Orsted (CPH: ORSTED) have made a major breakthrough in a dispute over a patch of land in the Southern North Sea.
Aberdeen renewables expert joins Scottish tidal energy firm
Gordon McIntosh is the new chairman of Edinburgh-headquartered QED Naval, replacing former occupant Peter Syme who has retired.
Watch: Jotun FPSO refloated in Norwegian yard ahead of sailaway
Var Energi (OSLO: VAR) is toasting a “major milestone” after the mammoth Jotun FPSO was refloated at a yard in Norway.
Shell offshore wind farm produces first green energy
First electricity has been produced by a Dutch offshore wind farm, co-developed by London-listed supermajor Shell (LON: SHEL).
Parkmead takes £33m hit as it gives up on Perth project
Energy firm Parkmead Group (LON: PMG) has given up on a North Sea project containing some 55 million barrels of recoverable oil equivalent (MMBoe).
Renewables leader recognised by King for services to UK green energy
A well-known name in the renewables industry has been recognised for his services to the UK’s green transition.
Harbour Energy, Serica Energy among visitors to Orkney wave energy/subsea power scheme
A Scottish wave and energy storage solution – that can be used to power subsea assets – was put on show for the oil and gas industry last week.
Big Oil’s green retreat helps clear the way for everyone else in renewables
Big Oil won’t be missed by its renewable power competitors.
Subsea 7 calls off bid for DOF Group after board ‘refuses to engage’
Subsea 7 (OSLO: SUBC) has temporarily paused its pursuit of Norwegian subsea services firm DOF Group (OSLO: DOF).
TotalEnergies to carry out further analysis after underwhelming find at Benriach
A North Sea prospect operated by TotalEnergies (PARIS: TTE), and hyped up by analysts, has come in under estimations.
Equinor given assurances Labour wont block Rosebank project, according to reports
Keir Starmer has further toned down the Labour party’s position on future North Sea oil and gas developments.
The latest North Sea licensing round: who’s in the running?
Almost irrelevant of who wins what, the 33rd oil and gas licensing round will be scrutinised more closely than any that have gone before.
Energy Voice offers special discount for 2nd Annual Hydrogen Connect Summit
2nd Annual Hydrogen Connect Summit 6-7 Sept 2023 | Brisbane Convention & Exhibition Centre
Labour to unveil plans for public energy body based in Scotland
The taxpayer-owned company would be created to build jobs and supply chains, together with a National Wealth Fund to invest alongside the private sector
DOF Group snubs initial takeover approach from Subsea 7
Subsea 7 says that merging with DOF, whose DOF Subsea branch has a base in Aberdeen, would bring significant benefits to shareholders.
Update: Over 400 Stork contractors knock back pay offer as Unite vows workers will ‘fight on’
According to Stork, Unite is asking for a rise that would cost the company an extra £19 million a year, while other demands are outwith the company's control.
WoodMac tips drilling rig day rates to hit $500k by year end
Day rates for securing drilling rigs are being forecasted to rise further as the oil and gas sector continues its bounce back.
Tory grandee urges government to revisit IR35 contractor laws ahead of next election
A senior figure in the Conservative party is pushing the government to take another look at current rules for contractors.