Analysts warn of £4.9bn shortfall in Chancellor’s green plan
Analysts have warned of a potential £5 billion funding hole in Chancellor Rachel Reeves’ proposals to finance the green prosperity plan.
Analysts have warned of a potential £5 billion funding hole in Chancellor Rachel Reeves’ proposals to finance the green prosperity plan.
While it is far from being a nascent industry, offshore wind remains in its relative infancy compared to oil and gas (O&G), both in terms of development and decommissioning.
Subsea technology firms Rovco and Vaarst have merged to become Beam, with the company undertaking a recruitment drive in Aberdeen and Edinburgh.
Aberdeen-headquartered decommissioning firm Cutting Underwater Technologies (CUT) has completed a major offshore project in Western Australia (WA).
Scotland's Heriot-Watt University has unveiled ambitions plans to help seal 100,000 methane-leaking wells over the next decade using a chemical injection technology.
The North Sea Transition Authority (NSTA) regulator is warning it could soon name and shame operators who fail to meet decommissioning deadlines.
ETZ Ltd has awarded £1.47 million in grants to ten North East Scotland firms as part of the Challenge Fund focused on driving the energy transition and creating jobs.
Aberdeen-headquartered Raptor Data has secured a global well plugging and abandonment (P&A) contract with ConocoPhillips.
The firm brought the first major decommissioning project to the city, which employed 200 workers at its peak.
Oil and gas operators will risk facing fines if they continue to miss well decommissioning deadlines, the North Sea Transition Authority (NSTA) has warned.
Shell's Brent Charlie platform has been removed from the North Sea in the end of an era for the iconic oil field, which gave its name to the Brent crude benchmark.
Aberdeen's Mermaid Subsea Services UK has secured a multi-year decommissioning contract with North Sea operator Shell.
North Sea operator TAQA has ended production at its North Cormorant platform, ahead of its decommissioning after 42 years of operations.
The Northern Producer has become a well-known sight on the North Coast 500 route.
Offshore services provider DeepOcean has been awarded a "significant" decommissioning contract from an international operator on the UK continental shelf.
Shell (LON:SHEL) has put multiple contracts out to tender as it looks to decommission several of its North Sea projects.
A survey conducted by decommissioning trade organisation Decom Mission has revealed widespread frustration with regulators among several supply chain concerns.
Four companies and individuals have been recognised at the seventh annual Decom Mission Awards.
Offshore engineering services firm Odfjell Technology has acquired Aberdeenshire-based McGarian TDC in a deal worth "in excess of £3 million".
Aberdeen-based fluid control solutions specialist OSSO has helped recover 1,280 cubic metres of usable oil from ‘crude oil sludge’ as part of a decommissioning project.
Aberdeen-based decommissioning waste sector specialist Phoenix Decom has repurposed more than 16,000 tonnes of concrete subsea mattresses over the last 12 months.
North Sea oil and gas operators could invest up to £3 billion on projects aimed at cutting 32m tonnes of CO2 emissions, a new review has found.
The Net Zero Technology Centre (NZTC) has launched a call to find innovations enabling rigless plug and abandonment.
Well-Safe currently runs three rigs - but Christopher Hay will be looking to "try and double that within the next five years".
Parts of the Curlew FPSO are being recycled and reused for a new project in Norway’s capital.