Construction begins on £9m Aberdeen renewable energy incubator
Construction has started on a new energy incubator to help Scotland develop and manufacture green energy technologies and scale-up the companies behind them.
North Sea
North Sea Oil and Gas
Three60 wins multi-million-pound North Sea decom deal
Aberdeen-based energy services firm Three60 Energy has won a major decommissioning contact in the North Sea.
Buchan floating wind farm to open fresh consultation
The developers of the Buchan floating offshore wind farm will hold a second round of consultations on the project.
UK spent ‘more money doing less’ on decommissioning in 2023
Rising costs meant North Sea operators spent "more money doing less work" on offshore decommissioning in 2023, according to an industry report.
Aberdeen’s Well-Safe Solutions secures £20m in North Sea decom contracts
Well decommissioning specialist Well-Safe Solutions has secured two contracts with North Sea operators worth $25 million (£19.8m).
Rosebank axing would cost jobs and money, court hears
A landmark hearing concluded Friday that will decide the future of Rosebank, the UK’s largest undeveloped oil field.
All North Sea Posts
OEUK helps launch cross-sector framework for offshore incident response
A new initiative has been launched by the UK’s offshore trade body which will help companies respond more effectively in the event of an incident or oil spill.
Energy Security Day: Acorn CCS ‘leading contender’ for Track 2 funding, says UK Gov
The Acorn Carbon Capture and Storage (CCS) project in Aberdeenshire is a “leading contender” for development in a newly-launched funding round, the UK Government said today.
Academics urge Sunak to end approvals for new oil and gas projects
Hundreds of academics have sent a letter to Prime Minister Rishi Sunak urging him to end approvals for all new oil and gas developments.
Wood boss Ken Gilmartin champions UK North Sea expertise
The UK North Sea remains a key part of the business of global engineering and consultancy services giant Wood, its boss said on Tuesday.
TotalEnergies spuds West of Shetland ‘well to watch’
French supermajor TotalEnergies (LON: TTE) has begun drilling a hotly anticipated exploration well West of Shetland.
‘Something has to happen’: North Sea months away from offshore wind-decom clash
Dozens of platforms and substructures are to be removed in 2024 - while 16 windfarms are forecast to be installed; an unprecedented level of activity.
North Sea deals ‘jeapordised’ over joint venture problems
The NSTA is proposing new rules to streamline industry deals and boost energy security.
North Sea boss warns UK is ‘falling behind’ in global race for energy investment
An industry boss has questioned the UK’s ability to source the £1.4 trillion needed to zero out carbon emissions by 2050.
Decom rebates help lower Shell’s UK tax bill to just £6.5m
Rebates for Shell's decommissioning expenses helped offset millions of pounds paid in windfall taxes.
Aberdeen’s Salus Technical lands £50k training deal with Serica
Salus Technical has secured a significant contract to provide process safety training for all employees at North Sea E&P group Serica Energy.
Equinor boss wants Rosebank FID before Offshore Europe, as activists threaten ‘tidal wave’ of action
Arne Gurtner, Equinor's senior vice president for the UK, told an OEUK event that he wants the industry to be talking about FID on Rosebank by the time Offshore Europe rolls around.
Wood losses quadruple in 2022 amid ‘transformative year’ reset
"We have not delivered for our shareholders in recent years," conceded the energy services giant.
Miliband fears ‘boulevard of broken dreams’ from UK Gov ‘Green Day’ plans
The UK Gov announcement - currently slated to take place in Aberdeen, though that could change - is expected to include plans on CCS and the windfall tax.
North Sea firms slash 500m barrels from plans on EPL uncertainty, OEUK finds
Millions of barrels of oil and gas could be left in the ground as North Sea firms tailor their plans to the UK’s “uncertain” tax regime.
Regulators greenlight plans for Harbour’s Talbot development
Harbour Energy (LON:HBR) has received approval to proceed with its 18 million barrel Talbot development in the North Sea, with production due online in late 2024.
Oil boss calls on Humza Yousaf for ‘balanced approach’ to protect jobs
Scotland now has a new First Minister and, as ever in politics, there is a bulging in tray for Humza Yousaf as he prepares to lead the country through a period of significant economic challenge.
Semco Maritime opens new Aberdeen office
Semco Maritime, the energy engineering firm, has announced it will be moving to a new office in Aberdeen.
Dozens of Worley workers go for strikes on Harbour Energy platforms
Dozens of workers for energy services giant Worley (ASX: WOR) have voted for strikes on Harbour Energy (LON: HBR) North Sea platforms.
‘Rebuilding confidence’: UK Gov expected to make windfall tax and CCS announcement in Aberdeen
"Energy security day" expected to include a revamped net zero strategy - though the venue of Aberdeen could change.
Aberdeen oilfield tech firm adds sector expert
Oil and gas industry veteran Stuart Ferguson has joined the board at Aberdeen firm isol8.
Offshore helicopter sector ‘sleepwalking into crisis’ as demand outstrips supply
“Significant price inflation” is forecast to grip the offshore helicopter sector as demand for choppers outstrips the number available.
Neptune Energy pushes on with $5billion sale as Eni cools
Neptune Energy is moving ahead with plans for a sale after talks about a takeover by Italian energy group Eni (MI: ENI) cooled, people with knowledge of the matter said.
Serica moves into list of top 10 North Sea producers after formal completion of Tailwind deal
London-listed Serica Energy (LON: SQZ) has formally completed the previously announced takeover of Tailwind Energy.
Harbour Energy appoints two new independent non-execs
London-listed oil giant Harbour Energy (LON: HBR) has announced the appointment of two independent non-executive directors.
Hartshead strikes deal to use Shell platform as tie-back host for North Sea gas fields
Australia’s Hartshead Resources (ASX:HHR) has struck a deal with the Shell (LON: SHEL) to use the latter’s Leman Alpha platform as a tie-back host.
