Altrad bids for Norwegian oil and gas services firm Beerenberg
Altrad was founded in 1985 by billionaire "king of scaffolding" Mohed Altrad.
Energy Transition
Labour policy ‘blitz’ on clean energy backed by public, polling suggests
The Government’s clean energy policy “blitz” is getting noticed by the public and appears popular, polling suggests.
Wood Group boss said lossmaking half year is a “story of transformation”
Ken Gilmartin said Wood is "made up of some of the most brilliant, fantastic, creative, dedicated people on the planet".
Salamander deploys fish monitors to study floating wind environmental impact
The developers of the Salamander floating offshore wind farm have deployed equipment to monitor the project’s impact on the marine environment.
Key role for Wales in making Britain an energy superpower
Sir Keir Starmer said his hopes of making Britain an “energy superpower” will include a key role for Wales, ahead of a wind farm visit with the new First Minister.
Wood Group unveils stinging $983million half year loss
Aberdeen's Wood Group (LON:WG) has revealed the hill it must climb as to turn around the business as it revealed total half year losses reaching nearly $1billion (£757m).
EDF Renewables set to bring 300MW in UK battery storage online
EDF Renewables is set to bring more than 300 MW of battery storage capacity online over the next 12 months across six UK projects currently under construction.
Local branches to spur UK CCUS network growth
As the new Labour government outlines plans for publicly owned carbon capture projects, Peel NRE development director Richard Barker looks at the role of the technology in reaching net zero and how plans are progressing on the ground.
Green hydrogen start-up DRIFT raises £4.6m to build first vessel
A British firm aiming to produce green hydrogen at sea has raised £4.6 million from investors as it aims to build its first vessel next year.
Labour government promises UK energy independence
New government, new policies and a thirst for energy independence, but what does this grandiose phrase mean? Independence from volatile international prices, from the UK’s “broken energy market” or from the tyranny of utilities? Labour is not suggesting a UK oil and gas sector renaissance; the country will instead become a clean energy superpower. But is this achievable and is it desirable?
National Grid apprentice conquers A-level results day nerves
Matthew Craker, 18, didn’t feel he would be the right fit for university but has found a way to support the shift to net zero with an apprenticeship.
Orsted mulls using export cable from failed US project in UK wind farms
Orsted (CPH: ORSTED) is considering reusing the export cable from a failed US wind farm in its Hornsea development in the UK.
Inverness-based Aurora Energy Services expands into Chile with acquisition
Aurora continues it's M&A spree as it picks up a Chilean wind energy services business.
ScotWind developer Ocean Winds awards Caledonia contract to Wood Thilsted
ScotWind developer Ocean Winds (OW) has awarded a turbine foundation design contract for the Caldonia offshore wind farm to Edinburgh-based Wood Thilsted.
New solar farms can benefit nature – here’s how
If you were told solar farms could take up to 0.3% of the total land area in the UK by 2035, would you take up a banner and march to parliament in protest? It’s hard to imagine anyone feeling troubled by such a perceptibly small figure.
Updated: Orsted takes $500 million hit led by Connecticut Wind delay
Orsted A/S (CPH:ORSTED) booked an impairment of more than $500 million related to an offshore wind farm in the US and a canceled green hydrogen plant in Sweden.
Equinor, Dominion buy offshore wind leases despite Trump threat
Equinor ASA and Dominion Energy Inc. will spend a combined $93 million on leases to develop offshore wind farms near Delaware and Virginia, despite former president Donald Trump’s vow to target the industry if he retakes office.
Subsea firm Film-Ocean pitches wind power tower in Aberdeenshire
Ellon-based firm Film-Ocean has proposed building a novel wind “power tower” at its head office.
Judge rejects high court challenge over new gas power plant
An environmental consultant has lost a High Court challenge against the Government’s approval of a new gas power station in north-east England.
Seal spotted at Moray West offshore wind farm
Workers installing turbines at the 882MW Moray West offshore wind farm off the Moray Firth have welcomed an unexpected guest – a seal.
Vestas turbine sales surge even as wage costs hit profit
Vestas Wind Systems A/S (CPH:VWS) sought to reassure investors as it reported a surge in wind turbine orders, two days after issuing a profit warning related to a different part of its business.
Aberdeen’s Glacier Energy acquires Teesside firm in hydrogen storage push
Aberdeen-headquartered Glacier Energy has acquired a Teesside fabrication business as part of a push to strengthen its hydrogen storage and distribution offering.
£3.1m green hydrogen boost for whisky industry in Speyside
The Scottish Government funding will support the development of a green hydrogen hub in Moray.
Surf breaks are a hidden weapon in the fight against climate change
Here’s another reason to get stoked about surfing: Forests, marshes and mangroves adjacent to surf breaks store 88.3 million metric tons of carbon dioxide, according to a first-of-its kind study. That represents about 1% of annual global energy-related emissions, equivalent to the carbon spew of 77 million cars.
CKI nears deal to buy UK wind farm assets from Aviva
A consortium led by CK Infrastructure Holdings Ltd. agreed to buy a portfolio of wind farms in the UK from Aviva Plc’s asset-management arm as the conglomerate backed by Hong Kong tycoon Victor Li considers London among second listing venues.