SSE celebrates first power from world leading Dogger Bank wind farm
The world’s largest offshore wind farm, Dogger Bank, has produced first power that will go to British homes and businesses.
Daily
Oil price rise reflects “uncertainty” over Israel-Palestine situation
Oil prices have risen due to "increased uncertainty" over how the situation in Israel and Palestine could disrupt output from the Middle East.
Exxon’s shale boss in Texas jail on sexual assault charge
Exxon Mobil’s head of shale remained in a Texas jail Sunday after he was arrested for sexual assault at a hotel near Houston last week, police said.
KCA Deutag unit extends BP work in Azerbaijan
Turan general director Ed Wheler said winning the extension was a “testament to our dedication to delivering customer centric solutions”.
Forth Ports targets net zero through Fife floating offshore wind hub
Forth Ports Group has outlined plans for an integrated floating offshore wind facility (FLOW) at the Port of Burntisland in Fife.
Harbour partners with ‘innovative’ wave energy project
The UK’s largest producer of oil and gas, Harbour Energy, has partnered with Mocean Energy to harness wave energy to power offshore installations.
Noble Intrepid leaves Kishorn for Aberdeen
The Noble Intrepid jack-up left Kishorn Port on Scotland's west coast last week and is now bound for a contract with Harbour Energy, via a layover in Aberdeen.
Australia LNG unions give notice to resume strikes at Chevron sites
Workers at Chevron’s liquefied natural gas facilities in Australia gave notice Monday to resume strikes, a move that could disrupt supplies and send prices higher.
RAKGAS strikes pipeline, storage deals for gas security
RAKGAS will also build a new pipeline, from the Taweelah-Fujairah Pipeline to Ras Al Khaimah (RAK), connecting to the Sajaa gas storage in Sharjah.
Northern Producer oil rig to be decommissioned in Scotland
It marks the first major decommissioning contract for Kishorn - once a construction site for oil platforms in the 1970s.
Frontline, CMB reach tanker sale deal to settle Euronav dispute
Frontline will use the cash from the share sale, plus various financing facilities, to buy 24 VLCCs from Euronav. The company said this was an “integrated solution to the strategic and structural deadlock”.
OPEC boosts oil demand forecast to 2045 despite climate crisis
OPEC raised forecasts for global oil demand through to the middle of the century, even as the world shifts away from fossil fuels to avert catastrophic climate change.
Khartoum fighting sees Sudan oil ministry relocate to Port Sudan
There has been mounting speculation in recent weeks of the Sudanese Armed Forces (SAF) forming a transitional government in Port Sudan.
Labour would speed up planning for major infrastructure, Reeves to say
A Labour government would accelerate the planning process for critical national infrastructure as part of plans to revive the sluggish economy, Rachel Reeves will say.
Jadestone secures RBL uplift as Akatara reaches 70% completion
Jadestone Energy (AIM:JSE) has secured an increases to its borrowing capacity, as focus turns to its Akatara gas project ahead of first output in mid-2024.
Exxon CEO’s quest for mega deal is a bet on oil’s staying power
Exxon Mobil boss Darren Woods is poised to emulate his two predecessors with a career-defining mega deal that — for better or worse — would likely transform the oil giant.
Oil surges as Hamas’ attack on Israel fans Middle East tensions
Oil surged as much as 5% after the broadest and bloodiest attack on Israel in decades threatened to inflame tensions in the Middle East, the source of around a third of the world’s crude.
Floating wind finance forthcoming – for the ‘right’ projects
Floating wind faces the same structural headwinds as other sectors but investors still have plenty of appetite to commit capital, a key event in Aberdeen heard.
Delivering Specialist Communications Solutions for Offshore Wind
Keeping people and systems securely connected is critical for the renewables industry.
New boss at Asco says it’s back in the black
The new boss of energy logistics firm Asco ended his first week in charge by announcing a return to the black and 52% increase in sales for the business.
From ‘angry and frustrated’ to ‘sense at last’: Shetlanders react to Rosebank oil field off their coast
Shetland has a long history of involvement in the North Sea oil and gas industry, and now the Rosebank oil field looks set to continue that history for decades to come.
Decommissioning in the North Sea: Challenge vs Opportunity
The most recent Decommissioning Cost and Performance Report published by the North Sea Transition Authority (“NSTA”) on 9 August 2023 showed that the total cost estimate for decommissioning remaining oil and gas infrastructure on the UK Continental Shelf ("UKCS") is over £40 billion.
SSE Renewables wind farm ruffles feathers of 400-year-old bird hunt
SSE Renewables has caused a stir in the Outer Hebrides after the company discussed limiting a 400-year-old traditional bird hunt to compensate for the effects of a wind farm.
Middle East business is booming for Star Trek-inspired Vulcan
Vulcan Completion Products (VCP), the Star Trek-inspired engineered product supplier to the global oil and gas industry, is enjoying considerable success in the Middle East.
Azeri plan to double gas exports to EU at risk as talks stall
Azerbaijan may not be able to deliver on ambitions to double natural gas exports to Europe by 2027, having failed to secure long-term sales deals it needs before investing billions of dollars to boost production, according to two people with knowledge of the matter.