Orsted CEO calls for ‘coordinated’ effort to tackle Russian gas problem
The chief executive of Orsted has underlined the need for a coordinated approach to minimise the impact of Russian sanctions on society.
offshore wind
Shetland transition plans dealt blow after island misses out on ScotWind
The spread of offshore wind farms in Scotland could dent a key Shetland net zero project, which is working to decarbonise nearby oil and gas assets.
INTOG: ScotWind-style auction launching this year for offshore wind to power oil platforms
A ScotWind-style auction will be launched this year for offshore wind projects to power oil and gas platforms in the North Sea.
RWE and Tata team up to tap massive Indian offshore wind potential
Germany’s RWE and India’s Tata Power are teaming up to explore the potential development of offshore wind projects in India. Significantly, India remains an unexplored and highly attractive market for offshore wind given its large coastline of 7,600 kms.
RWE wins London Array maintenance contract
The renewables division of RWE has secured a 10-year contract for operations, service and maintenance at the London Array wind farm.
Aker Solutions to create 200 UK jobs in renewables push
Aker Solutions will create 200 UK jobs this year as part of a drive into renewables and low carbon oil and gas projects.
Fishers feeling the squeeze as Scotland’s seas become overcrowded
Shetland fishing chiefs have claimed offshore wind farms and marine protected areas are threatening livelihoods in their industry.
Crown Estate Scotland chief executive to retire
Crown Estate Scotland (CES) has announced that its chief executive is to retire in August this year.
Proserv secures work on Dogger Bank offshore wind farm
Proserv Controls has bagged a contract for work on what will be the world’s largest offshore wind farm.
McDermott lands ‘largest ever’ renewables contract
McDermott has been handed its “largest ever” contract for renewables work, courtesy of German utilities firm TenneT.
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.
First Tech back in the black and heading green
Diversifying into renewables, as well as keeping a steady hand on oil and gas, is expected to bring “continued growth” in 2022 for energy services group First Tech.
Norway moves forward with offshore wind auction
The Norwegian government has fleshed out plans for its 4.5GW offshore wind auction, confirming its intention to split one tranche into two 1.5GW phases.
Saipem’s profit warning is spurred by huge losses at EDF wind farm off Scotland
Behind Saipem’s shock profit warning last week lurks a huge loss on a contract to supply wind-turbine foundations for an Electricite de France SA project off the east coast of Scotland.
Opportunities abound as Asia Pacific set for $4 billion subsea spend in 2022
Subsea opportunities will be plentiful in Asia Pacific over the coming years as international oil companies (IOCs) and national oil companies (NOCs) advance a backlog of projects, while offshore wind developers accelerate activity across the region.
Jeremy Cresswell: Shocking fragility of the UK’s energy system
Far from having an energy production, supply and distribution machine that is robust and flexible as claimed, the UK’s is in a mess.
Vattenfall, Seagust team up for Norway offshore wind bid
Vattenfall and Norwegian company Seagust have formed a joint venture to bid for offshore wind areas in Norway’s upcoming licensing rounds.
Technip Energies snaps up stake in floating wind company
Engineering firm Technip Energies (PARIS: TE) has acquired a 16.3% stake in Spanish renewable energy start-up X1 Wind.
BP fuels calls for windfall tax as oil giant posts £11 billion profits in 2021 results
Oil giant BP has pledged to spend double what it earns in the UK in the coming years - but huge profits in its 2021 results and pressure on consumers have strengthened calls for a North Sea windfall tax
Brian Wilson: Don’t fritter away the ScotWind millions
Don’t fritter away Scotland’s ScotWind millions, argues former energy minister Brian Wilson, on the £700m coming to the country's coffers.
Lamprell bidding pipeline climbs to $7.9 billion as renewables boom
Lamprell has indicated a “significant step up” in its bidding pipeline as global opportunities in renewables continues to rise.
Italy weighs bolstering Saipem management after profit warning
Italy’s state-backed lender may push to appoint executives that will join Saipem SpA’s management team after the oil drilling specialist issued a surprise profit warning this week, according to people familiar with the matter.
Saipem investors questioning CEO’s strategy after surprise profit warning
Saipem chief executive officer Francesco Caio is under pressure from investors after a surprise profit warning Monday sent the oil drilling specialist’s shares to their lowest since 1992.
Edda Wind orders three more CSOVs to meet booming offshore wind market
Edda Wind has ordered three more commissioning service operation vessels (CSOVs), as it expands its fleet to meet growing appetite from offshore wind developers.
Saipem issues profit warning as offshore wind margins hit
Italian oilfield services group Saipem has issued a profit warning as supply chain costs rise and project margins in offshore wind and onshore construction deteriorate.