By Chrissie Clarke, Vice President, Diversity and Inclusion at Wood
Even though energy leaders around the world have established ambitious net zero targets for 2030 and beyond, the energy sector remains the source of around three-quarters of greenhouse gas emissions today, according to the International Energy Agency.
TRAC Energy, a leading provider of industrial inspection, maintenance, and repair services, is making huge strides in sustainable power investments. With the recent introduction of its dedicated Renewables division, the company is harnessing opportunities to diversify and play a leading role as the industry transitions.
Energy transactions helped to drive a record year of deals for Johnston Carmichael’s corporate finance team. M&A activity in the sector accounted for about a third of the team’s £600m-plus of deals in the financial year ending 31 May 2023.
The impactive role education plays in shaping the future workforce cannot be underestimated with huge shifts in mindsets and changes in approaches to teaching and learning; none more so than in recent years with a transitioning energy sector and the rise of artificial intelligence.
As we near the end of 2023 with energy transition at the fore of the COP28 conference, it is a good opportunity to reflect on current actions being taken to reach net zero.
In an industry where adaptability is the key for success, Subsurface Global (SSG Group) has proved a leading player in oil and gas recruitment for the past 15 years. Specialising in the provision of recruitment and contracting services to the worldwide upstream E&P sector, the company's commitment to its core values has led to an exciting evolution. From September 2023, Subsurface Global has announced a rebrand to WeConnect Energy, marking a significant milestone in its journey.
The long-awaited Energy Act 2023 (the “Act”) received Royal Assent on the 26 October 2023, more than a year after the original bill was first introduced to Parliament.
The North Sea’s energy industry is world-leading on many things – engineering, innovation, supply chain and skills - and now it is leading the world in decarbonisation, too.
Across the industry, well engineers and energy operators are often challenged with an uncertainty gap - a reducible gap between the knowledge used by engineers and the body of knowledge available.
By Adam Pope gas detection lead and fgds marketing manager, Dräger
With smart technology taking over many aspects of day-to-day lives, including phones, watches, doorbells and even kettles, the oil and gas industry is following suit.
By Lee Vettese, UK Business Development Manager - Environmental & Decommissioning
The global decommissioning landscape within the energy sector has evolved in recent years. Driven by increased decommissioning activity worldwide, heightened environmental awareness, and a desire to reduce costs, there is a growing willingness among operators to engage the supply chain in the decommissioning process earlier and more comprehensively than ever before.
The number of offshore assets reaching the end of their life, globally, is rising, meaning decommissioning projects are a real eventuality for many operators.
The unprecedented scale and complexity of TAQA UK’s asset decommissioning and removal programme is presenting exciting challenges as the North Sea operator plots a route to the safe, efficient and responsible execution of multiple inter-dependant projects.
Recently, Aberdeen’s Well-Safe Solutions hired its first ever energy transition manager and the firm’s director of strategy and commercial recently said that CCUS is a key part of the transition, as is geothermal.
Offshore industry leaders came together at a leadership summit in Aberdeen and urged the rest of the sector to get behind the programme that will help deliver a safer, transferable pool of technically competent workers.