Offshore Europe: Oil and gas sector ‘not doing enough’, warns UK’s top climate adviser
The oil and gas industry is “not doing enough” to fight climate change, according to the UK Government’s top adviser on the issue.
The oil and gas industry is “not doing enough” to fight climate change, according to the UK Government’s top adviser on the issue.
Cairn Energy has updated its timeline for the £330m sale of its interests in the Catcher and Kraken assets in the North Sea.
Arguably, much of the animosity directed towards carbon capture and storage (CCS) in recent times has seemed more than a tad harsh.
Westwood Global Energy reports that as of 31 August there were two appraisal wells and one exploration well active in the UK. Completions to date in 2021 are one appraisal well at 22/26d-3 Glengorm South and two exploration wells at 22/6c-B4Z Bacchus South and 16/2a-6 Tiger Lily.
An ambitious scheme to develop floating offshore wind off the north-east coast has joined industry group the Scottish Cluster.
“At BP, I think we try to do the right thing,” says Emeka Emembolu, the energy giant’s North Sea boss.
A Chinese ship has been meddling with Harbour Energy’s ongoing drilling campaign at its Tuna block in the Natuna Sea offshore Indonesia. Significantly, the appraisal drilling is funded by Russia’s state-backed Zarubezhneft and the incident underscores the fact that Moscow’s energy interests in the South China Sea are increasingly being threatened by China.
Harbour Energy has picked a Maersk Drilling rig for a trio of development wells on the Catcher area of the UK North Sea.
North-east firm Legasea, set up in 2019 to recover oilfield equipment and make it fit for reuse, has doubled the size of its workforce since January.
Bosses from all corners of the energy sector have shared their thoughts on the UK Government’s flagship Hydrogen Policy.
The development of a “net-zero hub” on the Firth of Forth is key to achieving Scotland’s climate change goals, according to global natural resources consultancy Wood Mackenzie.
Indonesian national oil company (NOC) Pertamina is doggedly pursuing US major ExxonMobil to help it develop oil resources at the giant East Natuna field in the disputed waters of the South China Sea. Development of the field faces huge technical, economic and geopolitical challenges, but Pertamina believes a gradual phased development, starting with oil could offer a solution.
An oil and gas worker has described how his “dream came true” having gone from a small rural town in Brazil to a North Sea FPSO.
Aquadrill Offshore’s ultra-deep water drill ship West Capella is favoured to win the single-well contract for Repsol’s much-anticipated Rencong-1X wildcat in the North Sumatra basin offshore Indonesia.
Medco Energi, which operates South Natuna Sea Block B, will share a jack-up drilling rig with four other operators offshore Indonesia as part of a pact that will save millions of dollars.
UK-based upstream player Harbour Energy has restarted development well drilling at its Natuna Sea Block A offshore Indonesia after operations were suspended due to a helicopter accident last week.
Energy consultancy Xodus is carrying out work to assess the infrastructure and modifications needed to electrify Harbour Energy’s central North Sea assets.
Deep-water drilling activities are bouncing back in Southeast Asia following a lacklustre 2020 with overall spending expected to rise 51% this year to $504 million and almost back to 2019 levels, estimates from Rystad Energy show.
Westwood Global Energy reports that as of June 28 there were two appraisal wells active in the UK. Completions to date in 2021 are one appraisal well at 22/26d-3 Glengorm South and two exploration wells at 22/6c-B4Z Bacchus South and 16/2a-6 Tiger Lily.
North Sea engineering, procurement and construction (EPC) contract awards are anticipated to total more than $4 billion (£2.8bn) in 2021.
Low-carbon energy projects in the north-east could create up to 20,600 jobs in the next ten years, a new report has predicted.
Harbour Energy has warned that first gas from the Tolmount field in the UK southern North Sea will be delayed after equipment glitches were uncovered.
M&G, a FTSE-100 listed savings and investments business, has become the fourth external shareholder in Storegga Geotechnologies, the lead developer of the Acorn carbon capture and storage and hydrogen project near Peterhead.
A deal has been struck that could pave the way for emissions from North Sea gas pipelines, operated by ExxonMobil and Shell, to be captured and locked away.
UK firm Carbon Clean has been selected to carry out the Front End Engineering Design (FEED) services for Aberdeenshire's Acorn carbon capture and storage (CCS) plant.