Chinese turbine manufacturer exploring setting up shop in Scotland
One of China’s turbine giants could be poised to deliver a much-needed boost to Scotland’s wanting wind manufacturing sector.
Aberdeen’s Wood making ‘good progress’ on strategy as order book swells to $6bn
The chief executive of Wood Group (LON: WG) says the company is making steady progress on its growth strategy after a strong start to 2023.
Renowned disaster expert gives evidence at BP Unity platform trial
A renowned disaster expert has given evidence at BP’s trial against the Health and Safety Executive.
Aker BP hits new production record during ‘very strong’ quarter
Bosses at Aker BP (OSLO: AKER BP) are toasting a “very strong” second quarter in which the company produced more oil and gas, at a lower cost.
Shell hands back licence next to major Pensacola find – in blow for Reabold
Shell (LON: SHEL) has given up on a Southern North Sea prospect, despite it being located directly next to the region’s largest find in a decade.
Ithaca buys Fotla stake and three exploration licences from Spirit
Ithaca Energy (LON: ITH) is now the sole owner of the Fotla discovery after buying the remaining 40% stake from Spirit Energy.
Deltic shares soar on ‘significant’ Pensacola resource upgrade
Shares in London-listed Deltic, holder of 30% of the licence, soared in mid-morning trading as investors reacted to the news.
Hartshead drafts in advisors to secure financing for North Sea gas fields
Australia’s Hartshead Resources (ASX:HHR) has appointed a new advisory firm, and extended a contract with another, as it seeks to raise funds for its flagship UK project.
Reports Rosebank approval delayed again as parliamentary recess looms
Concerns over the emissions intensity of Equinor’s Rosebank development could be holding up project sign off, according to reports.
North-east Tory MP ‘followed prevailing rules’ over wife’s BP shares
David Duguid, who represents Banff and Buchan, has spoken out in parliament against windfall taxes on energy companies such as BP.
Rising ‘anti-ESG’ sentiment in US is impacting funds, HSBC says
The backlash against investing strategies that factor in environmental, social and governance issues is rising in the US and is impacting the way managers are thinking about integrating such considerations into their funds, according to a survey by HSBC Holdings.
Centrica signs major LNG supply agreement
Centrica has struck a long-term sale and purchase agreement for a million tonnes a year of liquefied natural gas (LNG) from the US.
Eni deal a ‘clean exit’ for Neptune board amid low valuations for oil stocks
A top oil and gas analyst has given reasoning for Neptune Energy’s decision not to go down the public listing route.
Oil and gas firms to fork out £45bn on well interventions this year
Billions of pounds will go on well interventions this year as oil and gas companies seek to squeeze out as much value as possible from fields.
Danish investor is raising €12bn for renewable energy fund
Copenhagen Infrastructure Partners is looking to raise €12 billion ($13 billion) to invest in renewable energy, making it among the biggest ever funds dedicated to the transition away from fossil fuels.
Former-BP CEO joins board of energy medical services provider RMI
A provider of medics to offshore platforms and rigs has beefed up its ranks with the appointment of a former BP (LON: BP) chief executive.
Saudi Arabia hikes its oil prices as supply cuts extended
Saudi Arabia issued big price increases for its crude to Europe and the Mediterranean, while also unexpectedly lifting the cost of barrels to Asia, a move that risks stifling demand for the kingdom’s barrels.
North Star to deliver Dogger Bank wind vessel three months ahead of schedule
Shipping group North Star is wasting no time in fulfilling its vessel supply contract for the Dogger Bank offshore wind farm.
Science Skills Academy under the microscope
The Science Skills Academy (SSA) is a ground-breaking rural initiative introducing the world of science and technology to primary and secondary pupils in the Highland region.
CHC Helicopter providing crew change services for world’s largest offshore wind farm
CHC Helicopter has made public a contract award for work on Dogger Bank, soon to be the world’s largest offshore wind farm.
Viking Energy wind farm turbine installation hits halfway point
SSE Renewables’ colossal onshore wind farm around the central mainland of Shetland is beginning to take shape.
Denmark launches mini licensing round, two years after forming Beyond Oil & Gas Alliance
Denmark played a key role in setting up the Beyond Oil and Gas Alliance (BOGA), a group formed during the COP26 conference in Glasgow.
Valaris 121 returns to North Sea for first time since worker went missing
The Valaris 121 arrived in Dundee in January – where it remained until earlier this week – two days after a worker on board was reported missing.
Medical expert notes uptick in focus on mental health in offshore energy, with stress an ‘acute’ issue
For the past two decades RMI has been working hand in hand with the offshore energy sector to help ensure it operates as safely as feasibly possible.
Steve Rae looks back on career as he prepares to hand over Step Change in Safety baton
“It was a really hard decision for me because I’m passionate about what I do, but the executive director position at Step Change needs some to work on it full-time,” says Steve Rae.