Equinor UK boss warns North Sea investment at ‘all-time low’
The chief of Equinor's UK operations has warned investment in the North Sea is at "an all-time low" in meetings with the Scottish and UK governments.
The chief of Equinor's UK operations has warned investment in the North Sea is at "an all-time low" in meetings with the Scottish and UK governments.
Helicopter pilots are being balloted for industrial action in a dispute over pay.
Aberdeen-headquartered Craig International has opened its tenth international base and first in Australia.
Scotland’s Cairn Risk Consulting and Horizon Ocean Management have signed a Memorandum of Understanding (MOU) to assess risks in the Japanese offshore wind market.
Shell (LON: SHEL) will need as much as one trillion cubic feet of gas from exploration licences in the West of Shetland to "truly whet its appetite", according to analysis by Wood Mackenzie.
The block is to the north of Block 2913B, where TotalEnergies has made discoveries including Venus.
A new Stornoway deep water port, hailed as a “game-changer” for the region's renewable energy ambitions, is taking shape.
Beleaguered wind turbine manufacturer Siemens Energy has reportedly secured a multi-billion-euro loan deal in principle with the German Government, its top shareholder other parties in project-related guarantees.
The number of offshore assets reaching the end of their life, globally, is rising, meaning decommissioning projects are a real eventuality for many operators.
Elemental Energies, the wells specialist which has been on a run of acquisitions, is planning even more growth to meet operator demands.
The UK has seen large-scale decommissioning work go overseas, OEUK’s decommissioning manager Ricky Thomson says firms need to remain “competitive” to win contracts for these “monster platforms.”
One of the many sub-plots in the saga of two uncompleted Caledonian MacBrayne ferries at the Ferguson yard in Port Glasgow involves the proposed use of Liquefied Natural Gas to part-fuel them.
“Decarbonising production here is critical for those key demand centres of India and China,” KBR’s Blackburn said. The Middle East, given the region’s productive capacity, will be “the ones that lead the way, for sure”.
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.
The UK government is preparing to offer significantly higher subsidies for new offshore wind farms to get the country’s clean-power strategy back on track after developers shunned a previous auction.
The Crown Estate has set out plans to generate an additional four gigawatts from seven wind farms under development offshore England, Wales and Northern Ireland.
Deloitte’s Hayley Strachan told an Aberdeen event that firms should take advantage of their ‘internal talent marketplace’ to drive productivity.
A Greenpeace activist risked being “dragged under” the Shell (LON: SHEL) Penguins FPSO when they fell in the water during a protest this year, a legal document has revealed.
A Mitsui official, Ryo Zushiden, said the Hai Long project was one of the company’s “most important investments in the renewable energy sector”.
Wood Plc (LON: WG) has delivered yearly growth on Q3 revenues, as it targets $6bn in its first full year since outlining a revamped strategy last November.
Shell (LON: SHEL) has threatened Greenpeace with a multi-million-dollar lawsuit over a protest held on one of its UK North Sea assets this year.
By the end of September, the report said 20 of the 31 NZIA members had left the group.
Wind Industry decommissioning is a very different business to cessation of production and abandonment of oil and gas fields, whether on or offshore.
Offshore medics based in the North Sea are making efforts to unionise over dissatisfaction with pay and conditions.
The decommissioning sector is facing a myriad of challenges including inflationary pressures, skills shortages and a lack of project visibility according to Decom Mission, the Aberdeen-based trade body representing the industry.