ETIDEX: ‘Step change’ needed for floating wind, calls to ‘transform’ transmission network
The offshore renewables industry needs to make a significant “step change” if floating wind deployment is going to be brought on par with fixed-bottom.
North Sea oil industry ‘teetering on the brink’
A North Sea trade union boss has warned the oil industry is “teetering on the brink” due to a lack of activity and investment in the basin.
Oil clings to rally on signs of coronavirus vaccine progress
Crude held onto a rally amid progress on the development of coronavirus vaccines, with investors shrugging off a smaller-than-expected U.S. inventory build.
Europe seeks $940bn boost for giant offshore wind farms
The European Union wants a massive increase in offshore wind to help clean up the electricity industry and aid the recovery after the pandemic.
OGUK, Shell, Wood & Unite react to Boris Johnson’s ‘green industrial revolution’ plans
Westminster’s multi-billion pound plan for a “green industrial revolution” has been touted as a “welcome signal” of what the UK’s path to net zero may look like.
COP26 offers chance to ‘reset the benchmark’
The long-awaited United Nations Climate Change Conference will be a chance to “reset the benchmark” ahead of the worldwide push for net zero, according to one of the leading figures behind the event.
Prysmian to provide cable design and installation services for Sofia offshore wind farm
Prysmian Group has been chosen to provide cable design and installation services for a North Sea offshore wind project.
Sif and Smulders snap up contract for Dogger Bank wind farm
Renewables suppliers Sif Group and Smulders have snapped up a supply contract for a major North Sea offshore wind project.
Peterson ‘well placed’ after carrying out resizing in response to Covid
International energy logistics provider Peterson has confirmed it carried out a “resizing” of the business earlier this year in order to make the transition to home working more straightforward.
Demonstration turbine for Kincardine floating wind project arrives in Cromarty Firth
The demonstration turbine for what will be the “world’s largest” floating offshore wind development arrived off the coast of the Highlands over the weekend.
Fugro announces partnership to target Japan’s ‘burgeoning’ offshore wind market
Fugro has become the latest company to try and gain a foothold in Japan’s “burgeoning” offshore wind industry.
Floating turbine for Kincardine wind farm to be towed to location in ‘next few weeks’
The first of five turbines for the “world’s largest” floating wind development will be towed to location off the Aberdeenshire coast in the “next few weeks”, according to the manufacturer.
SSE Renewables forms new multinational ScotWind partnership
SSE Renewables has formed a new multinational partnership to work on joint bids for the ScotWind seabed leasing process.
SSE to launch public consultation on plans for new multi-billion pound wind farm off Scottish coast
SSE Renewables will launch a consultation next week on proposals for a new “multi-billion pound” offshore wind farm off the coast of Scotland.
Biden administration could encourage ‘more predictable’ pipeline of offshore wind developments
A leading industry expert is expecting a “rapid” uptake in renewable projects in the US post-election as the new administration makes good on its clean energy pledges.
OGUK conference to explore decommissioning in a low carbon future
The contribution decommissioning can make to the low carbon future will be a key theme at OGUK’s first ever virtual conference later this month.
Subsea 7 completes work on Arran project, issues update on restructuring
Subsea 7 has completed installation activities for Shell’s Arran gas development in the Central North Sea.
New taskforce aims to create two million green jobs
Business and union leaders have welcomed Government plans to create two million green jobs by 2030.
European majors expected to make ‘targeted’ renewables acquisitions in coming years
European oil and gas majors are expected to make “targeted acquisitions” over the next few years in order to gain further footholds in the renewables market, according to a new study.
Nova Innovation secures £1.2m in funding for ‘ground-breaking’ tidal energy project
Nova Innovation has secured £1.2 million in backing from the Welsh Government for its Enlli tidal energy project in north Wales.
Crown Estate Scotland makes £12m revenue profit, surpassing target of £8m
Crown Estate Scotland (CES) made a £12 million revenue profit in its most recent financial year, surpassing its target of £8million to be returned for public spending, according to annual accounts published by the organisation.
Renewables investment firm acquires stake in East Anglia One wind farm
The Renewables Infrastructure Group (TRIG) has acquired a 14.3% indirect equity interest in the East Anglia One offshore wind farm.
Holyrood climate powers ‘under threat’ from lack of movement on UK ETS
The Scottish Government has claimed its ability to exercise climate powers is “under threat” over the lack of movement on a UK Emissions Trading Scheme (ETS).
OGUK says autumn ‘snapshot’ reinforces need for North Sea transition deal
Trade body Oil and Gas UK (OGUK) says its autumn “snapshot” reinforces the case for a North Sea transition deal to ensure the industry can “build back better” from Covid-19.
Occidental is first U.S. oil major to target net zero emissions
Occidental Petroleum Corp. became the first major U.S. oil producer to aim for net zero emissions from everything it extracts and sells, accelerating an industry trend that’s become commonplace in Europe.