Rights secured for 140 North Sea workers as Unite strikes pact with Cnooc
Trade union Unite is hailing a “significant” milestone after signing a recognition deal with a major North Sea operator.
ScotWind partner ‘spent three years trying to convince’ cabling giant to set up shop in Highlands
One of the developers behind a major Scottish floating wind project has shed light on the key role it played in persuading a cabling giant to build a factory in the Highlands.
Shell plans sale of French floating wind power unit Eolfi
Shell (LON: SHEL) is seeking to sell French floating wind developer Eolfi, a potential retreat from one element of its renewable power plans as new Chief Executive Officer Wael Sawan pushes to deliver greater value to shareholders.
Energy crisis meant UK paid £29bn more for power last year
The surge in wholesale electricity prices last year forced UK consumers to pay more than double the amount for power than they did before the crisis, according to a study by University College London.
Watch: Voyageur Spirit FPSO leaving Scotland after three year stay
Striking footage of the Voyageur Spirit FPSO departing Scotland’s west coast earlier this year has been shared online.
HSE scolds Dana over frequency of safety audits on Triton and Western Isles FPSOs
Dana Petroleum has been pulled up by the offshore watchdog over its auditing of safety operations on two North Sea FPSOs.
Second oilfield hooks into Equinor’s Hywind Tampen floating wind farm
Green energy is now flowing from the Hywind Tampen floating offshore wind farm to a second oil and gas field.
Tax uncertainty leading to fewer fresh faces in North Sea deals, says M&A experts
Fiscal complexity and uncertainty around future tax changes is being blamed for a lack of new entrants into the UK offshore oil and gas sector.
Saudi Arabia moves closer to another major Aramco stock offering
Saudi Arabia’s plans for another multibillion-dollar offering of Aramco stock are gaining fresh momentum, with any deal set to be one of world’s largest share sales in recent years, people with knowledge of the matter said.
NSTA first as regulator partially revokes Brae Area licence after Fujairah decom default
For the “first time” ever, the industry regulator has partially revoked a North Sea licence after a partner failed to “meet regulatory requirements”.
Neptune Energy dishes out $100m North Sea drilling contract
North Sea operator Neptune Energy has dished out a contract worth more than $100 million for drilling services offshore Norway.
Where we’re going with skills mix: a new paradigm for a sustainable energy future
The next few years for the renewable energy sector will look very different from the decade just passed! At a recent event dubbed ‘Green Energy Day’ or ‘Energy Security Day’, the UK Government unveiled its plans for ‘Powering-up-Britain’ by sharing its package of green energy policies aimed at fast-tracking the UK’s net zero target whilst also ensuring a balanced energy mix to ensure security of supply.
Industry body Decom North Sea rebrands to Decom Mission
Decom North Sea has officially rebranded in order to better reflect the “broader trends of the energy transition”.
Equinor cuts ribbon on 250 million barrel Njord field revamp
Njord’s platform and the floating storage and offloading vessel (FSO) both underwent extensive upgrades that will more than double production at the field.
Wood cracking on with studies to accelerate UK hydrogen rollout
Wood (LON: WG) is working with gas distribution company SGN to accelerate the rollout of hydrogen transmission infrastructure in the UK.
Wellhead Electrical Supplies and Orga team up in ‘industry first’
Aberdeen-based Wellhead Electrical Supplies (WES) has announced a new collaboration aimed at driving growth in the offshore industry.
Yousaf slams UK Gov for ‘vague promises’ over CCS timetable
Scotland’s First Minister has taken aim at the UK Government over the lack of movement on carbon capture and storage (CCS).
Spirit Energy bares ‘exceptional loss’ on sale of Norwegian assets
North Sea operator Spirit Energy has bared an “exceptional loss” relating to the sale of its Norwegian business in 2022.
Viaro, Hartshead North Sea farm-in completes after clearing regulatory hurdle
Viaro Energy’s has successfully bought majority stakes in a series of North Sea fields held by Hartshead Resources (ASX: HHR).
Diving in: Solving the supply chain issues in offshore wind
The offshore wind industry is undergoing its next big expansion. Licensing rounds are growing, interest in the new floating designs are high, and investors are active.
FM pays tribute to ‘phenomenal’ oil workers as he calls for strikes resolution
Humza Yousaf has called for all parties to find a resolution to the swathe of strikes currently taking place across the North Sea.
Yousaf: No new North Sea oil and gas unless there is a ‘good reason’
Scotland’s First Minister has argued there should be “no new extraction” of North Sea oil and gas, unless there is a “good reason to do so”.
Powering the clean energy transition
Eric Lakin, the chief financial officer of Ceres, writes on the global funding environment for hydrogen and clean energy technologies
Exclusive: Unrest rumbles on at North Sea firm Reabold as requsition group refuses to relent
The unrest that has dogged North Sea firm Reabold Resources (LON: RBD) for several months now appears to be showing little sign of letting up.
Neptune Energy in top 3% of all global oil and gas firms for ESG
North Sea operator Neptune Energy has received its best environmental, social and governance rating to date.