Ithaca hits pause on West of Shetland electrification involvement
Ithaca Energy (LON: ITH) has paused its efforts to electrify assets in the West of Shetland, Energy Voice understands.
Ithaca Energy (LON: ITH) has paused its efforts to electrify assets in the West of Shetland, Energy Voice understands.
Other recent projects had a gap of two weeks.
The North Sea Transition Authority signed off on the ever-controversial Rosebank oil field this week and lit a tinderbox of political and environmental debate.
With Teal West and Victory expected to follow, Rosebank could be part of a 'bumper year' for UK FIDs in 2023.
Approval of the Rosebank oilfield is a “ray of light” for projecy partner Ithaca Energy, an analyst has said, after the firm was forced to take write downs of £58m linked to the windfall tax.
There are three primary grounds for any potential challenge to Rosebank.
Anti-fossil fuel activists have launched spontaneous protests at government buildings London following the approval of the Rosebank oil field.
Meanwhile 2030 "is the earliest time" electrification could be achieved - years after first oil.
"We need more projects like Rosebank," says Offshore Energies UK, following news the project received has received the green light from the regulator.
Equinor has taken a final investment decision with partner Ithaca Energy.
From Ithaca's Cambo to Shell's Victory, and everything in between…
Norwegian company AF Gruppen (AFG) has secured a key decommissioning contract for a North Sea platform.
Meanwhile Var Energi, a partner on Johan Castberg, has also seen costs surge on its Balder X project.
Equinor has submitted a £300 million plan to the Norwegian government to develop the Eirin gas field.
Most of us involved in energy are aware of the alleged Big Oil claim that higher hydrocarbon profits are necessary to provide the means to finance the Energy Transition.
The West of Shetland Electrification Project programme manager, Daniel Sprich, discussed plans to source power for three major developments from onshore at an NSTA seminar.
Equinor (OSLO: EQNR) is still on track to approve the Rosebank oilfield in the West of Shetland this year, the UK boss of Equinor has said.
Filings by a New York regulator show Equinor (OSE:EQNR) and BP (LON:BP) are seeking an increase of up to 54% for power from a trio of wind projects planned off the state.
Equinor has signed two deals with COSL Offshore Management to use the COSLPromoter and COSLInnovator rigs in Norwegian waters worth £291 million.
Under the agreement, the companies will drill one exploration well in the initial five-year exploration period.
Scotland's first minister Humza Yousaf has said he is "not convinced" by Equinor's controversial Rosebank oil field.
Equinor (OSLO: EQNR) has started up Statfjord Ost, a 26-million-barrel tie-back in the Norwegian North Sea.
Aberdeen’s floating wind crown has been passed to Norway today as the world’s largest project, Hywind Tampen, officially opens.
Equinor (OSLO: EQNR) has made a successful oil and gas discovery in the Norwegian sector of the North Sea.
Equinor shelved its ambitious Bay du Nord development plans in May. However, the company is continuing to pursue exploration in the area.