Adnoc begins building first high-speed hydrogen fuel station
“Through this pilot programme, we will gather important data on how hydrogen transportation technology performs as we continue to develop the UAE’s hydrogen infrastructure.”
Daily
EnQuest Heather platform to go to Denmark for decommissioning
The EnQuest (LON: ENQ) Heather oil and gas platform will go to Denmark for decommissioning, with a key contract handed out to a yard today.
Nigerian fuel consumption plummets following subsidy removal
The executive was holding a meeting with oil marketing companies in Lagos. The aim of the discussion was to “emphasise the importance of private investment in the importation of petrol to meet the nation's energy demands”.
Woodside sees higher costs, delays at Sangomar
Woodside did not identify the cause of the FPSO problems. It struck a deal for a 100,000 barrel per day vessel from Modec in January 2020.
‘Negative performance’ in renewables will not change Aker’s green ambitions
Despite "negative performance” in its renewables work, Aker ASA says it will not change its strategic direction.
New tech could help to make green hydrogen cost competitive with fossil fuels
A UK company has made a “major breakthrough” in the energy industry’s drive to slash the costs of green hydrogen.
Big Bird unlocks North Sea exploration targets for Finder and Dana
Welcome to Sesame Street.
European knowhow critical for Asia as offshore wind energy ramps up
A pragmatic approach based on alliances with established European contractors is the best way to learn quickly.
The Megawatt Hour – Episode 8: Sustainability, supply chains and Scope 1-3
The rapid expansion of energy storage is of course great news for our ability to deploy and use renewable energy – but doing so is not without its own challenges.
Shell and SSE bosses join PM’s business council
The chief executives of Shell and SSE have been named as two of the 14 members of Rishi Sunak’s business council.
HSBC challenges Big Oil more often than peers, study shows
The investment arm of HSBC is ahead of its peers in backing shareholder resolutions designed to force oil majors to adjust their business in response to climate change, according to an analysis by a key activist.
SLB enacts worldwide ban on its Russian operations
SLB, formerly known as Schlumberger, has announced it will be halting shipments of its products and technology into Russia from all its facilities around the globe.
Shell reveals plans to demolish famous former Aberdeen HQ
The building has been a prominent landmark for decades.
Valeura sharpens Asia focus with COO, auditor appointments
Valeura launched an office in Singapore earlier this year, where executives will be based. Today, it also announced the replacement of KPMG Canada as auditor with Deloitte & Touche (Singapore).
The protestors that ‘occupied’ Grangemouth arrested
The INOES Grangemouth oil refinery was “occupied” by Climate Camp Scotland protestors over the weekend, five of which have been arrested.
Serica Energy adds North Sea heavy hitter to board
North Sea operator Serica Energy (LON: SQZ) has announced the appointment of two new board members.
Odfjell Drilling signs two rig contracts, strategic pact with Equinor
Norwegian drilling contractor Odfjell Drilling has struck two rig contracts with the country’s state-owned oil giant.
Petrofac wins FPSO work from CNR International
The initial contract will run for three years. Petrofac did not disclose the value of the contract, beyond describing it as “multi-million pound”.
Longboat and JAPEX joint venture recieves initial investment of $16 million
Longboat Energy and Japan Petroleum Exploration (JAPEX) have formed a joint partnership with an initial investment of around £12.23 million.
UK government outlines supply chain red flags for CCS development
The UK government has outlined what it sees as the obstacles the country faces within its carbon capture storage supply chain.
Learning by Example: Emergency Powers for the Power Emergency
The United Kingdom faces an alarming energy crisis that can no longer be avoided: The soaring cost of energy poses a significant threat to the nation's economy, leading to higher production prices, increased inflation, and reduced export capacity – and ultimately, economic degradation of the country as a whole.
Eni, Neptune deal further evidence of European majors changing tack on M&A
The winds of change appear to be blowing through Europe’s oil and gas sector as Big Oil moves away from its strategy of streamlining.
Acorn CCS developer Storegga doubles down on ’significant investment’
Aberdeen-based Storegga doubled down on spending during 2022 as its costs and investments surged.
Japan to Propose Global Natural Gas Reserve to Avoid Shortages
Japan plans to propose a global stockpile for natural gas, similar to the emergency reserve in the oil sector, to help avoid future shortages and stabilize prices.
OEUK and RGU launch roadmap to deliver up to £90bn for the energy supply chain
Offshore Energies UK (OEUK) has partnered with Robert Gordon University for a roadmap that has the potential to unlock £90 billion for the UK supply chain.