North Sea Transition Deal chance to transform UK fossil fuel industry
News ahead of tomorrow’s Budget that Scottish businesses are set to receive a boost to energy transition efforts have been widely welcomed by our industry.
News ahead of tomorrow’s Budget that Scottish businesses are set to receive a boost to energy transition efforts have been widely welcomed by our industry.
Hurricane Energy today dashed hopes that it could boost production from its Lancaster field, west of Shetland, with a new well in 2021.
One of the north-east’s leading business figures, George Yule, has joined newly rebranded Banchory firm Scotgrip International and acquired an 18% stake in the business as it eyes overseas markets for new growth opportunities.
The transition to a lower carbon economy, including commitments by the UK and Scottish Governments to achieve net zero by 2050 and 2045 respectively, coupled with increased urgency around climate action plans leading to COP26 in November, have sent a clear message.
Three of the north-east’s top oil and gas industry training providers share their insights on the challenges created by the Covid-19 pandemic and energy transition with emeritus editor Jeremy Cresswell.
The pandemic has made the task of finding “positive destinations” for young people more difficult than ever.
Does anything ever go right for the ambition to turn Scotland’s renewable energy resources into actual jobs? Waiting for Godot was a brief intermission by comparison with delays in matching that rhetoric to reality.
Kick-starting a career in energy is challenging for young people, as companies rarely provide opportunities to inexperienced students and graduates.
Wall Street analysts are calling the prospects for hydrogen, and particularly “green” hydrogen, a once-in-a-generation opportunity – and Scotland is in a strong position to take advantage of this resource.
Rishi Sunak is expected to give north-east energy firms a £30-million-plus boost at Wednesday’s Budget.
EnQuest said today that work to halt production from the Dons fields in the UK North Sea had begun.
Centrica is in talks with the UK government about plans to convert its disused Rough natural gas storage site off the coast of northeast England to store hydrogen.
UK oil and gas firm Tailwind Energy intends to install a second pipeline to increase production from the Gannet E field in the UK central North Sea.
Energy Voice's latest monthly supplement has been published with The Press & Journal.
Malaysian operator Hibiscus Petroleum has picked Worley to provide engineering and design services for its Marigold project in the UK North Sea.
Transparency in reporting is producing results, with most operators showing year on year improvements towards gender balance. We encourage all employers to publish their data without delay, and use it to drive their action plans. With metrics like the median pay gap (-3% to 46%), percentage of women at the top (5% to 35%) and percentage of women overall (11% to 41%) varying massively between organisations, it’s clear balance is attainable within our industry but it takes sustained determination at all levels of leadership.
Waste management firm Augean was back in the black during a 2020 marked by the axing of more than half of the workers at its North Sea division.
Neptune Energy and its partners today announced drilling has commenced on the Dugong appraisal well in the Norwegian sector of the North Sea.
The future of the energy system belongs to our children, grandchildren and all subsequent generations. But what we do now regarding climate change will determine the quality of that future.
An oil boss has warned that government hotel quarantine rules are pushing north-east workers and their families to “breaking point”.
It is often said that successful careers are defined by a few pivotal moments. That is certainly the case for Stewart Findlay, Operations Director at engineering firm, Brimmond Group.
Prosafe has signed a £6.1 million contract with CNOOC for the charter of the Safe Boreas accommodation vessel at the Buzzard platform in the UK North Sea.
Super-majors continue to drift away from the North Sea, with HitecVision-backed NEO striking a deal to acquire ExxonMobil’s assets. The buyer was staying mum about decommissioning liabilities, as yet impervious to Allister’s probing questions.
Bosses at Neptune Energy believe the private-equity backed firm can reach a key production milestone in the coming years while reining in spending.
Profits at Bumi Armada jumped last year thanks to a strong showing from its Armada Kraken FPSO in the North Sea.