Aker Offshore Wind and Aker Horizons in merger
Aker Offshore Wind and Aker Horizons have announced an all-stock merger as part of a wider reorganisation to get after energy transition opportunities.
hydrogen
Petrofac boss tells supply chain it needs to ‘justify’ renewables local content targets
A senior figure at energy services giant Petrofac (LON: PFC) has challenged the energy supply chain to earn its right to secure work on low carbon schemes.
GGGI, Samsung, Hyundai to join $1.2bn green hydrogen scheme in Indonesia
South Korea’s Samsung and Hyundai will collaborate with Global Green Growth Institute (GGGI) on a $1.2 billion clean energy project in Indonesia to produce green hydrogen.
Shell to invest up to £25 billion in UK energy system over next decade
Shell has announced it will invest up to £25 billion in the UK energy system in the coming years.
‘Fairly underwhelming’ – Sunak criticised for not pulling CCS or hydrogen ‘rabbit out of the hat’
Rishi Sunak has been criticised for failing to announce specific backing for key transition technologies during his Spring Statement.
Op-ed: Andy Samuel on the OGA becoming the North Sea Transition Authority
April Fools’ Day is nearly here but jokes and pranks will be far from people’s minds.
North Sea regulator OGA in rebrand – and confirms plans for new licensing round
The North Sea regulator, the Oil and Gas Authority (OGA), has become the latest industry institution to rebrand in a shift towards cleaner energies.
Woodside teams up with US tech for Australia carbon capture and utilisation
Australia’s Woodside (ASX:WPL) and US-based technology developers ReCarbon and LanzaTech have launched a collaborative studies campaign aimed at converting carbon emissions into useful products.
Malaysia’s Petronas and Japan’s ENEOS eye commercial hydrogen scheme
Malaysia’s Petronas and Japanese oil company ENEOS Corporation (ENEOS) have signed an agreement to advance studies for a commercial hydrogen production and conversion project at Kerteh in the Malaysian state of Terengganu. The move follows a pact signed between Malaysia and Japan last August to develop a clean hydrogen supply chain between the nations.
Bigger Faster Better #2: The future of hydrogen in the UK and UAE
The second episode of Bigger Faster Better explores the future of hydrogen and compares how this crucial low-carbon technology is developing in the UK and the United Arab Emirates (UAE).
South Korea’s SK Group pledges $100m investment for Asian decarbonisation push
South Korea’s SK Group will invest $100 million in a joint venture with 8 Rivers Capital that will focus on the decarbonisation of Korean and key Asian markets. Significantly, this marks one of the largest single private investments in a carbon capture solutions provider to date, said 8 Rivers Capital.
Normalising Hydrogen is already a thing in Europe
There are those that only talk about Net Zero – the “talkers”, those that are forever preparing Net Zero plans and studies – the “ditherers”, and those who are really getting on with implementing genuine Net Zero – the “doers”.
Why is hydrogen being lauded as the hero of carbon emissions reduction?
If net zero CO2 by 2050 is the question, what is the answer? It’s something countless organisations, people and governments have been discussing since targets were set; how do we achieve this target quickly and sustainably.
H2 Green appoints director to oversee hydrogen hubs at Inverness and Shoreham
A Scottish firm has appointed an engineering director to lead its efforts to build hydrogen hubs at Inverness and Shoreham.
Oil and gas companies supporting UK’s green revolution
The UK’s offshore energy industry is aware it has a major opportunity to drive a very positive future – both for the UK economy and its energy mix alike.
Japanese to invest up to €100m in world’s largest clean hydrogen fund
The Japan Bank for International Cooperation (JBIC) has pledged to invest up to €100 million ($108 million) as part of an equity participation in the Clean H2 Infra Fund S.L.P. of France. The fund, managed by Hy24, is targeting €1,500 million in equity. Significantly, Hy24 claims it is the world’s largest clean hydrogen infrastructure investment fund.
Matheson: Surging gas prices brings Scottish offshore wind imperative
Surging gas prices throws into “sharp relief” the need to ramp up Scottish offshore wind and hydrogen, the energy minister will say later.
BP and Ineos veteran joins board of vehicle developer First Hydrogen
Hydrogen vehicle developer First Hydrogen has appointed a former BP (LON: BP) veteran to its board.
Bigger Faster Better #1: Industrial clusters key in race to cut emissions
The first episode of the Bigger Faster Better series from Energy Voice, in association with Womble Bond Dickinson, starts a journey of exploration to uncover which countries are developing the most innovative and scalable energy solutions. Over the course of the series, we examine how the UK stacks up in its race to cut emissions and move towards Net Zero, against other nations across the globe.
OGUK completes Offshore Energies UK rebrand
The North Sea’s leading trade body Oil and Gas UK (OGUK) has officially completed its planned rebrand.
Eni signs string of HyNet MoUs
Eni’s UK subsidiary has signed 19 memoranda of understanding (MoUs) related to carbon capture and storage as part of the HyNet North West project, which won government backing last year.
Big developments brewing in UK hydrogen
Hydrogen is remarkable. The lightest and most abundant of all elements, it is non-toxic, non-corrosive and, when used as a zero-carbon fuel, emits nothing but water vapour and warm air. It is destined to play an important role in the decarbonisation of the world’s economies. But how do we move from hydrogen theory to hydrogen reality?
Scotland could help ease Europe’s gas problem
Europe is too reliant on Russian gas. In fact, Europe is too reliant on gas full stop but it being mainly Russian gas makes it even more problematic.
Dutch oil and gas sector mulls UK-style transition deal
Amid the departure of Shell and the planned closure of the country’s largest gas field, producers in the Netherlands are calling for greater clarity over the future of the Dutch North Sea.
‘Transition, not extinction’ – Kwarteng says UK can’t turn its back on 250,000 oil and gas jobs
The UK’s business and energy secretary has defended the role of the oil and gas industry in the transition to net zero.