Equinor picks Aker Solutions for power-from-shore project
Equinor has picked Aker Solutions to carry out a front-end engineering and design study for topside modifications to accommodate power from shore at the Troll B and C platforms.
energy transition
BlackRock puts climate at centre of $7 trillion strategy
Larry Fink struck an urgent note in his annual letter to America’s corporate executives: Climate change will upend global finance sooner than they might think.
OGA chairman Eggar looks eager to embrace future
In March last year one of the most charismatic figures to hold office as an energy minister in the UK became chairman of the Oil and Gas Authority (OGA).
Exploration in 2020: Transition, what transition?
The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many E&P boardrooms in 2019, but the impact on exploration drilling is not yet apparent.
Reasons for optimism: Taking stock of carbon reduction achievements and possibilities
As we enter a new decade, I’m sure I’m not alone in reflecting on matters that are personally important, together with major issues that impact on society, the environment and the economy.
We’re having our ‘999 moment’ on the climate emergency – it’s time to respond accordingly
It is estimated that during 2019 over 20 million people in the UK contacted the 999 emergency services to request immediate police, ambulance, fire or coastguard support or to report an emergency.
Time to ‘step up’ and deliver energy transition, North Sea oil chief says
Too many opinions, not enough facts. That’s how Chrysaor chief executive Phil Kirk views the heated debate about the oil and gas sector’s role in the energy transition.
Unfortunately, facts rarely matter when it comes to the energy debate
The year 2019 once again proved that oil and gas remain indispensable resources to make the world a better place. They help to improve the lives of billions of people, many of whom would otherwise lack any access to reliable energy.
Climate emergency ‘even more pressing challenge’ for North Sea than 2014 oil downturn
The climate emergency is an “even more pressing challenge” for the industry than the 2014 downturn according to the Oil and Gas Authority’s (OGA) chief executive.
Big Oil is not the problem, it’s the solution
The turn of the year means boardroom leaders are planning – as well as playing soothsayer – for what’s next in 2020 and beyond.
Sunrise or sunset for the North Sea?
While the UKCS may be regarded as a more mature basin than those in other parts of the world, that doesn’t mean that it is standing still or slowing down.
Extra cash needed to make homes more energy efficient, says charity
A charity has urged the Scottish Government to boost funding to help make homes more energy efficient to £256 million a year.
BA begins offsetting carbon from domestic flights
The boss of British Airways has declared "our future has to be sustainable" as the airline begins offsetting carbon emissions from domestic flights.
Making a positive impact today and tomorrow
Things can rarely be seen in only black and white.
COP26 a chance to show Scotland ‘leading by example’ in energy transition
Nicola Sturgeon has said Scotland will be at the "centre of international attention" in 2020 in her New Year message.
Opportunity to ‘reimagine’ North Sea for net zero says OGTC chief
The biggest change I have seen in 2019 is the move by the oil and gas industry towards a net zero future. There have been many factors that have influenced this change, from the social public push through to the active and engaged conversation the industry has been having around Roadmap 2035 (what we will look like in 2035).
The cheapest barrel is the cleanest barrel
The North Sea is known for adapting to change and this year has demonstrated an indication of resilience in the sector. Confidence has slowly returned to a market which has changed dramatically in the last five years.
VIDEO: Oil and Gas UK reflects on major developments of 2019
As 2019 comes to a close, the UK energy sector trade body has produced a video highlighting some of the main developments for the industry over the last year.
Oil majors to abandon the North Sea? 30/1 – take a punt on the 2020 energy market
Everyone agrees that 2020 will be a critical year for energy transition, but how will things really play out? In the run-up to Christmas, Calash and Candour put their heads together over a glass or two of crude and have come up with 12 ‘golden’ moments for the energy market in 2020, some of which are extremely long shots.
Ashurst sets out 2020 predictions for oil and gas M&A
We set out below our top predictions for the global oil and gas industry in 2020.
Oil industry welcomes new UK government ahead of sector deal and IR35 changes
The oil and gas industry has welcomed the new UK government as it looks ahead to a “transformational” sector deal and braces for tax changes for thousands of contractors.
North Sea leaders to launch ‘reinvention’ research for sector’s transition
North Sea oil and gas leaders are set to produce new industry research outlining how the sector is "reinventing" itself for the energy transition.
Domestic demands and Aramco’s IPO
Saudi Arabia is pushing ahead with the much-watched IPO of the mainstay of its economy, Aramco, although with somewhat diminished aspirations.
Labour’s windfall tax on oil a bad call
I’m hopping mad at Labour’s £11billion windfall tax on the oil and gas industry proposal in its manifesto.
Watch: OGUK quizzes the nation’s energy knowledge
Oil and Gas UK has launched a new educational campaign testing the knowledge of the nation about the offshore energy sector.