Major expansion for Acorn CCS in Aberdeenshire with new carbon storage licences
The Acorn CCS project in Aberdeenshire is to expand after being awarded fresh carbon storage licences in the North Sea.
North Sea MidStream Partners
BP unveils plans to fund new gas pipeline at Sullom Voe terminal
Energy giant BP has confirmed plans to fund a new gas pipeline at the Sullom Voe terminal.
px Group takes on operations at Norway’s Risavika LNG plant
px Group has been appointed as the operator of the Risavika Liquefaction Plant (RLP) in southern Norway, in its first significant contract win outside the UK.
Private equity deals surge to £2.4 billion for UK North Sea
Private equity took a keen interest in the UK North Sea in 2021, with £2.4 billion worth of deals for the country’s oil and gas industry.
St Fergus terminal owner joins Acorn CCS project as partner
The owner of the St Fergus Gas Terminal in Aberdeenshire has bought in as a partner in the Acorn CCS project.
‘Scotland’s CCS contribution starts here’ – Acorn project signs MoU with two North Sea gas terminals, ExxonMobil joins NECCUS alliance
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.
Classic private equity: Bluewater sells majority stake in St Fergus operator px Group
Private-equity house Bluewater has sold its controlling stake in px Group, which operates and maintains St Fergus gas plant, near Peterhead.
Kuwaitis to sell 43% stake in North Sea infrastructure in multi-million pound deal
Kuwait’s sovereign wealth fund has announced it will sell a 43.1% stake in North Sea infrastructure in a multi-million pound deal.
Updated: Wren House confirms deal to buy North Sea Midstream Partners
Infrastructure fund Wren House has confirmed that it will buy an oil and gas pipeline firm with offices in Aberdeen.
Topside issues under the spotlight at Aberdeen event
Striking the right balance between efficiency, integrity and investment is key to maximising economic recovery in the UK North Sea, an Aberdeen conference heard yesterday.