Forbes hits out at Just Stop Oil, saying support still needed for oil and gas
Cutting support for the oil and gas industry too soon risks "plunging people into poverty", Scotland's former finance secretary, Kate Forbes, has said.
Daily
Shell receives final bids for UK North Sea gas assets
Shell (LON: SHEL) has whittled down bidders for its southern North Sea gas fields to three final contenders, according to people with knowledge of the matter.
European gas prices gain on Australia LNG workers’ ultimatum
European natural gas advanced as workers serving a key export project in Australia prepare for a strike that could significantly dent global supplies in the run-up to winter.
Kinetiko boosts resources ahead of JV drilling plans
“Each time Kinetiko adds commercial production plans within its exploration rights, it will be able to grow Reserve Certifications by eventual orders of magnitude”, he said.
NHV wins helicopter contract for Buchan decommissioning
Helicopter operator NHV has been awarded the contract for decommissioning work at the Repsol Sinopec Buchan field.
Inpex, Total secure more gas for Ichthys exports
"This acquisition is also supported by the efforts undertaken with Inpex in the Bonaparte CCS Assessment joint venture to appraise the area’s potential for geological storage of CO2, in order to abate CO2 emissions from the Ichthys LNG project.”
UK households look to lock in energy prices as crisis recedes
Fixed energy tariffs are making a comeback in the UK, allowing consumers to lock in power and gas rates now that prices have eased from last year’s record levels.
Selene: Shell and Deltic start surveys on North Sea exploration well
Shell (LON: SHEL) and Deltic Energy (AIM: DELT) have kicked off site surveys for the Selene exploration well in the North Sea.
‘Unrealistic’ offshore wind targets face $100bn supplier investment hurdle
Policymaker targets for global offshore wind are “unrealistic” due to the tens of billions of dollars of investment needed near-term in the supply chain.
Tinubu’s new cabinet faces mighty challenges
The cabinet faces a number of pressing issues, not least the economic headwinds as a result of the decision to scrap subsidies.
3T Energy lands seven-figure training contract with Wales & West Utilities
The AIS Survivex parent company, 3T Energy Group has secured a three-year deal worth seven figures with the gas distribution firm Wales & West Utilities.
Transmission’s crucial role in South Africa’s energy crisis
Fostering increased collaboration between private players and regional governments will be crucial to optimise renewable energy resources at a larger scale.
Balmoral Comtec applies Aberdeen ingenuity to growing global offshore wind sector
The firm is targeting wave and tidal energy markets too.
Offshore Europe hosts send message to protestors ahead of event
Aberdeen’s P&J Live arena has issued a message to climate activists ahead of the upcoming Offshore Europe Conference.
Norway dishes out CO2 storage licence to Sval Energi and partners
The Norwegian Ministry of Petroleum and Energy has awarded a carbon dioxide storage licence to awarded Sval Energi for a North Sea project.
Shell eyes 2025 start up for Victory gas field west of Shetland
Environmental regulator OPRED has opened up a public consultation on the new project which sits 29 miles off Shetland.
Final turbine installed at Shetland’s Viking wind farm
Green energy giant SSE Renewables is celebrating a major milestone in the development of its Viking wind farm.
Europe gas storage is 90% full. It still may not be enough
Europe’s natural gas reserves are almost full, though that still may not be enough to see the region through winter.
Port of Aberdeen boss says facilities need to team up to ease rollout of floating wind
The head of Port of Aberdeen says he supports a “multi-harbour solution” to support the deployment of floating offshore wind in the UK.
North Sea wildcat well bears fruit for Equinor
Equinor (OSLO: EQNR) has made a successful oil and gas discovery in the Norwegian sector of the North Sea.
UK Export Finance: export credit for the energy transition
The UK’s renewable energy sector is huge, turning over £54.4 billion[1] Low carbon and renewable energy economy, UK - Office for National Statistics (ons.gov.uk) and generating almost 15% of the country’s energy.[2]
Exploration ‘guarantee’ could offer protection for wary North Sea E&P
With questions hanging over the future of North Sea licences, legal experts have floated potential solutions which could reassure firms over the safety of new investments.
DEI – Intersectionality Event to be held on 22nd August
A panel event on Intersectionality of Issues is to be held on 22nd August led by AXIS Network and AFBE Scotland UK.
Perenco to put CCS ‘expertise to the test’ with North Sea’s Poseidon, Orion projects
Having secured licences for two “world-class” North Sea carbon storage reservoirs, Perenco’s UK boss says his team are “looking forward to the challenge” of delivery.
Cnooc first-half profit slides as weaker oil prices hit driller
Cnooc Ltd. said its first-half profit declined as oil prices slumped over concerns about global growth, even as China’s biggest offshore driller benefited from strong output during the period.