In my view the integrity of the energy system is actually an issue of national health and safety in that its disruption would cause chaos and create a major threat to life as indeed the awful events in Ukraine have shown us only too graphically.
By Dr Raveem Ismail, Head of Parametric Underwriting and Ian Bishop, Parametric Underwriter at Africa Specialty Risks
Parametric insurance addresses these challenges by enhancing investment certainty and facilitating cash flow, whilst protecting against the broadest range of potential perils.
By Kaletatikor Unwene, graduate project engineer, chemical injection team at ICR Group
Solving problems, working as part of a diverse team and delivering projects that really make a difference - engineering is an exciting professional choice.
Wind farms today are not generating the power indicated by energy yield assessments. A significant body of industry research is pointing to pre-construction energy yield assessments (EYAs) being overestimated, when compared to the turbines in operation onsite. One paper shows that European EYA assessments overestimate yield by an average of 8.9%.
By Roy Stenhouse, chief impact officer at Net Zero Technology Centre
While the debate over whether to grant new licences for oil and gas developments in the North Sea continues to dominate headlines, the major challenge lies in reducing reliance and demand for fossil fuels overall.
By Mark Stewart, Partner, Corporate Finance and Head of Energy, Infrastructure and Sustainability at Johnston Carmichael
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Notwithstanding all the rhetoric, pledges and promises, 27 COPs, as well as genuine progress and notable effort in some areas, the global energy mix has not really changed from an 80:20 fossil fuel to renewables ratio over the last 30 years.
By Jeremy Cresswell, emeritus editor of Energy Voice
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I’m currently trying to get my head around the thorny issue of carbon emissions from Big Oil, especially with regard to the complexities of how they are variously classified as Scopes 1, 2 and 3.
Companies are under increasing social, economic and regulatory pressure to contribute to the reduction of carbon emissions. In particular NGOs are trying to exert additional pressure by undertaking legal action. Such climate change litigation typically aims to force businesses to reduce emissions, pay for damages caused or take steps to mitigate the effects of climate change. The global number of climate change litigation cases is increasing rapidly as public awareness of climate change and its consequences increases, too.
If you work in the energy industry, you’ll know it has lots to offer. Some of the greatest benefits include the opportunity to learn new skills, to experience different cultures around the world and to broaden your horizons in general.
Having worked in the hospitality industry for nearly 22 years now, one of the biggest things I have struggled with throughout the pandemic, and still on the odd occasion to this day, is working from home.
In May 2019, the UK’s Climate Change Committee stated that in order to achieve the UK’s net zero targets, carbon capture and storage is a necessity and not an option.
Supporting and mentoring young people is key to developing a talented and diverse workforce to drive the Energy Transition forward, now and into the future.
Having worked in the hospitality industry for nearly 22 years now, one of the biggest
things I have struggled with throughout the pandemic - and still on the odd occasion to this day - is working from home.
There are really two options for dealing with carbon emissions. You either avoid them by stopping the burning of hydrocarbons and using something else or, try to collect them as you produce them and hide them away somewhere in the hope they won’t escape. The latter being CCS - carbon capture and storage.
With the offshore market experiencing a post-pandemic recovery, many businesses are endeavouring to recruit in-demand workers to ensure they’re fully resourced to deliver on their programmes.
By Dawn Robertson, global strategic sales director, global services – marine & offshore, Bureau Veritas
The number of assets in the North Sea that need to be decommissioned is on the rise. According to Shell around 470 installations will be decommissioned in the UK sector of the North Sea over the next 30-40 years.
Energy Pathways, an independent working on the Marram gas field in the Irish Sea, talks about the region's importance for UK energy security and net zero.
By Holly Stebbing, partner, and Majdie Hajjar, associate, at Norton Rose Fulbright
With net zero commitments increasing pressure on the energy industry to move away from fossil fuels, there is a race to market for renewable energy projects.
By Graham Carberry, Managing Director at Arrowpoint Advisory
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Energy was one of the fastest growing segments within 2022’s record global M&A market, rising an impressive 25% from the year prior, according to the latest Arrowpoint Advisory data.