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.
Navigating change can be hard, especially when it’s change that requires significant upfront investment in a sector as critical as the energy industry.
By Prof Norman McLennan, energy industry veteran, chartered surveyor and RGU visiting professor
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.
Last week, top ministers from the G7 nations held a two-day meeting in Sapporo, Japan, with the aim of setting ambitious goals to reduce CO2 emissions – specifically in the utilities sector.
Whether it’s our domestic oil and gas supply from the North Sea, or new off and onshore wind, this part of our United Kingdom is central to our energy needs in the 21st Century.
By Conrad Purcell, Andreas Dracoulis and Jonathan Morton, Haynes Boone
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.
In her two decades at Wood in Aberdeen, Jamie Simmers has moved from a junior finance role to leading a team of 100 engineers to operate critical offshore infrastructure in the North Sea.
By Professor Jo Porter, INSITE and Heriot-Watt University
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The North Sea is at a turning point. Hundreds of rigs and their associated marine infrastructure are set to be decommissioned. Oil and gas platforms will begin to move out, and infrastructure for offshore renewable energy will move in.