Oil drops with IEA demand outlook pointing to weakness ahead
Oil declined as investors assessed the International Energy Agency’s reduced forecasts for global oil demand in part due to a slowdown in air travel.
Wind and solar double global share of power in five years
Wind and solar energy doubled its share of the global power mix over the last five years, moving the world closer to a path that would limit the worst effects of global warming.
State-of-the-art underwater survey robot to be demonstrated for first time
A state-of-the-art underwater survey robot will be demonstrated for the first time later this month.
One of the world’s largest offshore construction vessels arrives off the coast of Fife
One of the world’s largest offshore construction vessels has arrived off the coast of Fife.
Sleipnir offshore crane breaks own record for single jacket lift
Dutch firm Hereema Marine Contractors (HMC) has broken its own record a single jacket lift.
Report finds hydrogen could be worth up to £18bn to UK economy by 2035
Hydrogen could be worth as much as £18bn to the UK economy by 2035, according to a landmark new report.
NHV boosts Covid-19 safety protocols after warning from HSE
Helicopter operator NHV improved the Covid-19 cleaning regime at its Aberdeen base after being pulled up by the UK's health and safety watchdog.
Xodus Group launches major floating offshore wind study
Global energy consultancy Xodus Group is encouraging companies involved in renewables to engage in a new study into the costs around offshore wind.
First export cable for Moray East offshore windfarm pulled onshore in Aberdeenshire
Moray East has marked its latest milestone after the first of three offshore export cables successfully made landfall in Aberdeenshire.
Rise in category B cases offshore attributed to Aberdeen Covid-19 outbreak
An offshore safety boss has blamed a local outbreak in Aberdeen for a rise in the number of North Sea workers that have come into contact with people showing symptoms of Covid-19.
Stena Drilling to begin operations off the coast of Guyana “imminently”
Aberdeen-headquartered Stena Drilling is expected to commence operations off the coast of Guyana “imminently” after its vessel arrived on location.
I3 Energy issues half a million new shares as it eyes first production assets
I3 Energy has issued more than half a million new shares to fund its acquisition of Gain Energy’s petroleum and infrastructure assets.
Brent oil edges above $45 on signs of slowing U.S. Covid cases
Oil edged higher as markets in Europe and Asia advanced on signs that the surge in coronavirus cases in the southern U.S. is slowing.
Installations placed on ‘alert’ after Greenpeace ship spotted in North Sea
Workers on a number of installations in the northern North Sea have been told to stay alert after a Greenpeace ship was spotted in the area.
Firm behind smart metering network sets out plans to support move to net zero
The organisation behind the nation’s smart metering network has set out how its platform could be used to support the move to net zero.
First of three offshore substation platforms installed at Moray East
Engineers have successfully installed the first offshore electrical infrastructure at Moray East, one of the largest offshore wind developments in Scotland.
Joint venture between Petrofac and SOCAR secures £77m contract with BP Azerbaijan
A joint venture between UK-headquarterd energy services firm Petrofac and Azerbaijan’s state oil company has secured a £77 million contract with BP Azerbaijan.
Aberdeen-based risk consultancy firm Marex offers support to small businesses and charities
A marine and risk consultancy firm is offering struggling businesses in the north-east a helping hand to try and support them through the pandemic.
Borr Drilling appoints Patrick Schorn as new chief executive
Borr Drilling has appointed Patrick Schorn as its new chief executive officer, succeeding Svend Anton Maier who will remain with the company as a special adviser.
Shetland firms encouraged to sign up for Open4Business Highlands and Islands online resource
Shetland firms interested in securing work on a major wind farm project are being encouraged to register on a website used by large companies to publicise tenders.
I3 Energy to sell soon-to-be-acquired Canadian assets in deal worth £25m
Oil and gas explorer i3 Energy has agreed a deal to sell part of its soon-to-be-acquired assets in a deal worth £25 million.
UK Government announces plans to quadruple offshore wind power by 2030
The UK Government will conduct a review of current energy infrastructure at sea as it sets its sights on expanding offshore renewables.
Lack of local authority resources could create ‘barrier’ to onshore wind
Leading figures in onshore wind have voiced concerns that a lack of resources for local authorities could create a “barrier” to renewable projects.
Stakes in Simec Atlantis plummet after firm announces plans to issue 50m new shares
Shares in Simec Atlantis Energy, which operates the MeyGen tidal array in the Pentland Firth, plummeted today.
Logan Energy secures £2.25m contract to build hydrogen refuelling stations in Teesside
Logan Energy has won a £2.25 million contract to build two new hydrogen refuelling stations (HRS) in the north-east of England.