Jersey, NEO begin FEED work for Buchan redevelopment
Progress on engineering plans for the redevelopment of the Greater Buchan Area (GBA) are gathering pace following selection of an FPSO.
Daily
Qatargas rebrands under QatarEnergy umbrella
“Today, ‘QatarEnergy LNG’ carries this legacy forward well into the 21st century helping meet the world’s growing energy demand”, Minister Saad Sherida Al-Kaabi said
Wood Mac finds ‘no major country is on track to meet their 2030 emissions reduction goals’
Wood Mackenzie has said "no major country is on track to meet their 2030 emissions reduction goals" following a recent report.
Capricorn sharpens Egypt production focus, despite receivable woes
Capricorn has warned it is watching the receivables closely. Its capital expenditure plans are “being monitored to match incoming receipts”, it said.
TotalEnergies plans jumbo green hydrogen tender to cut emissions
TotalEnergies is launching a “massive” green hydrogen tender to reduce the carbon emissions of its six European refineries and two French biofuel plants as pressure mounts on the industry to fight climate change.
Australian LNG workers escalate strikes at Chevron plants
Liquefied natural gas workers at key Chevron sites in Western Australia have begun ramping up a campaign of industrial action in a dispute that has roiled global energy markets.
Hey big spender! Who’s dedicating the most cash to the energy transition?
Law firm CMS has released its Energy Transition 2023 report detailing the energy firms that are slacking when it comes to funding the energy transition.
Dabinett: Horizon confirms high-impact target to be drilled in 2024
Horizon Energy Global has confirmed its plan to drill the high-impact Dabinett North Sea well in 2024.
How north-east oil and gas workers can have a say on their futures
Holyrood wants to hear directly from oil and gas workers in the north-east as it assesses how best to manage the difficult shift from fossil fuel to renewable energy.
Global Underwater Hub opens new North England base in Newcastle
The Global Underwater Hub (GUH) has officially opened its new north England regional office in Newcastle upon Tyne.
TotalEnergies aims for Block 58 decision in 2024
The $9 billion project would aim to produce these fields, through subsea wells, to an FPSO. The facility would be around 150 km off the Suriname coast, with the reserves in water depths ranging from 100 to 1,000 metres.
BP’s urgent search for a new CEO: Who’s on the list?
BP board woke up on Wednesday facing an urgent search for a new boss, its fifth in 16 years.
Banchory turbine firm secures £100k Scottish Enterprise grant
Rivtide Power has been awarded a £100,000 SMART: SCOTLAND feasibility study grant by Scottish Enterprise to further develop its hydro-turbine technology.
Vattenfall launches trial of AI technology at Aberdeen wind farm
Vattenfall has announced a new partnership with Spoor, a Norwegian AI start-up, to bring its technology to the Aberdeen Bay offshore wind farm.
Libya’s eastern flood devastation raises political risk
The precise number of dead is not yet known. Local media have put the figure at 2,000 dead, but thousands are missing. The Red Crescent has said that 10,000 people are missing.
Monitoring begins at 1GW floating Scotwind site off Caithness
Developers of the Stromar floating offshore wind farm have launched a buoy at its development site, kicking off a year-long monitoring campaign.
Bumi Armada signs up to Indonesian FLNG plan
Once the partners reach a final investment decision (FID), it would take around three years to reach first gas.
European Union pledges to help struggling wind industry
The European Commission announced plans to help the region’s struggling wind sector, which is dealing with issues including a lack of access to financing and increased international competition.
Saudi Arabia’s production cuts threaten a surge in oil price volatility, IEA warns
Oil supply cuts by Saudi Arabia and Russia will create a “significant supply shortfall” and threaten a renewed surge in price volatility, the International Energy Agency warned.
Tullow turns to harvest mode as Jubilee stacks up
“Our business continues to be undervalued because of the perceived debt overhang,” CEO Dhir said.
Ørsted makes first UK solar play with shares in one of country’s largest sites
Ørsted has entered its first solar project in the UK, buying a share in a 740MW development site in Nottinghamshire.
Road to ADIPEC 1: Decarbonising oil and gas
Reducing the carbon from oil and gas is critical to the energy sector meeting demand, but also to support transition plans around the world.
New investment bank Cavendish targets North Sea energy
Neil McDonald, head of Scotland at the firm, says it wants to support growing energy firms.
More challenges as North Sea driller IOG faces administration fears
Troubled IOG has key licence extensions blocked by NSTA as it risks administration over impending interest payments.
Surprise exit of BP CEO leaves questions over green strategy
“Once a CEO lies to the board, there is a loss of confidence,"