Deals, exits and administration open up North Sea M&A opportunities
Opportunities for M&A in the North Sea have opened up through a series of deals, an asset exit and a firm entering administration.
Daily
NNPC 80% ready for an IPO, Kyari says
Such a move might either be an IPO, Kyari said, or selling equity in the company to a strategic investor.
How will Sunak’s watered down boiler ban impact UK gas consumption?
Recently, Prime Minister Rishi Sunak announced plans to water down the UK's phasing out of gas boilers in homes as part of a rollback on green energy policies.
Floating wind calls for standardisation and government support
The Floating Offshore Wind conference in Aberdeen has heard that industrialisation is needed for the green energy source to achieve success.
Eaton discuss finding hydrogen’s niche
In a conversation with Energy Voice, vice president and general manager for EMEA at Eaton, Simon Matthieson explained that “the economics have got to be right” for hydrogen to see success.
iCare training helps workplace diversity
STC INSISO prioritises equity, diversity, and inclusion (ED&I) within its workplace, actively fostering a culture which embraces these values.
Shell CEO plans town hall for staff amid anxiety over oil shift
One employee wrote that Shell's approach, in which it takes the lead from its customers, “is difficult for me to justify to my kids".
New study could hold the quay to RWE’s Celtic floating ambitions
Generator RWE has launched a new study in tandem with the supply chain to explore how best to manoeuvre and launch floating wind foundations.
Crown Estate ups plans for Celtic Sea round to 4.5GW
The seabed manager has refined plans for its upcoming floating wind leasing round off the south west coast, consolidating areas on offer and upping total capacity.
Jobs promised as Shetland’s Ocean Kinetics invests in Irish marine engineers
Shetland-based Ocean Kinetics has announced a strategic investment in MMG Ocean, in a move set to spur new jobs and facilities.
Elemental Energies bags decom work for TotalEnergies Gryphon field
Consultancy Elemental Energies has won work to support decommissioning of the TotalEnergies Gryphon field in the North Sea.
BP brings online ‘first of its kind’ renewable natural gas plant
By 2025, biofuels are expected to deliver around $2bn in EBITDA to BP, and more than $4bn by 2030.
Capturing the opportunity: Why now is the time to act on CCS
Carbon Capture Storage (CCS) is set to play a vital role in the UK’s drive to net zero.
Energy Minister: UK ‘cannot afford’ to lose time on floating wind delivery
In the wake of a disappointing renewables auction the government must do more if it is serious about meeting floating wind targets, according to Scotland’s energy minister.
Aberdeen firm makes finals of ADNOC decarbonisation challenge
Winners are eligible to receive up to $1m in piloting opportunities with the UAE oil firm.
Energy industry veterans team up to launch Aberdeen ‘Squid’ firm Encomara
They have expectations of rapid growth for their new business focused on the floating wind market.
BP names new floating offshore wind project ‘Flora’ after Scottish suffragette
BP has announced it will name its first floating offshore wind demonstration project in Aberdeen after Scottish medical pioneer and suffragette Dr Flora Murray.
Global floating offshore pipeline grows 32% as 29,000 UK jobs predicted
A report by RenewableUK has found that the global floating offshore wind pipeline has seen a 32% increase over the last 12 months.
Adnoc targets EV battery reuse to power drilling
“The compact nature of the system will allow for convenient deployment to remote locations, helping Adnoc to cut emissions from its off-grid production activities,” said Power I.D.’s founder Naser Abu Daqqa.
Viaro Energy eyes £500m spend in West of Shetland and Southern North Sea
Viaro Energy has outlined £500m spending plans in the UK sector, including new developments in the West of Shetland and Southern North Sea.
Petrofac wins $100m contract extension with Repsol Sinopec
Petrofac (LON: PFC) has been awarded a three-year contract extension with Repsol Sinopec Resources UK worth more than $100m.
Brookfield buys Banks Renewables UK business in near $1bn deal
Brookfield Asset Management Ltd. will acquire the renewables division of the Banks Group, an operator of onshore wind farms in the UK.
Moving away from ‘Rain Man’ and understanding neurodiversity
“People still refer to things like Rain Man and things like that” when it comes to neurodiversity in the workplace, Billy Alexander, of Autism and Neurodiversity North Scotland, said.
Repsol Sinopec cancels Tain North Sea project, blow to i3’s ‘Serenity’
The move casts doubt over i3 Energy's "Serenity" prospect, which was hoped to be unitised with Tain.
Century completes FSO mooring to unlock San Leon exports
Energy Link Infrastructure owns the ELI Akaso and CESL operates and manages the facility. CESL said it would provide “evacuation, storage and offtake” for producers in the area.