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.
offshore wind
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.
‘I suppose it was inevitable’: Campaigner, industry and analyst reaction to OGUK rebrand
Reaction to news that the leading trade body for the North Sea, Oil and Gas UK (OGUK), is rebranding has varied from claims of it being a “PR stunt” to praise for a move that’s “not before time”.
Exclusive: North Sea trade body OGUK drops ‘oil and gas’ from name in new energies rebrand
Oil and Gas UK (OGUK) is dropping “oil and gas” from its name in a rebrand which will see its focus and remit broaden to new energy sources.
BP drafts in renewables heavy hitter to head up new offshore wind division
BP has made a number of senior appointments as it works to deliver its target of 20 gigawatts (GW) of developed renewables by 2025.
North-East environmental tech firm targets renewables expansion
North-East environmental technology firm Recycl8 is growing its team to drive continued growth and enter the global renewable energy market.
Forth Ports announces trio of leadership appointments
Forth Ports has announced a series of new leadership appointments as its senior team is restructured to reflect the growing role of ports in the offshore renewables sector.
‘World’s first’ offshore charging station completes trials in Cromarty Firth
Oasis Marine Power is toasting success after completing the first stage of testing for its offshore charging station.
Vestas tips cost of wind turbines to increase further in 2022
Turbine manufacturer Vestas has set out the ongoing challenges in the business environment on its operations.
Dogger Bank hattrick for K2 Management as firm bags work for third phase of project
K2 Management (K2M) has completed its pre-financial close due diligence work for the third phase of what will be the world’s largest offshore wind farm.
ScotWind 2: When is it likely, who will be in the mix, and is it needed?
Scotland’s energy industry has now had some time to digest the results of arguably the most hotly anticipated offshore wind auction in history.
Time to wind down? End of life options for the UK’s ageing wind farms
By 2030 half of all UK wind farms will be over 20 years old. Not only will the wind turbines have reached the end of their design life after 20 years, but the projects' leases, planning permission and other contracts will have been structured around this 20 year period.
Ørsted signs MoUs for 1.6GW South Korean offshore wind
Ørsted has signed memoranda of understanding (MoUs) with two South Korean utilities which would see the companies collaborate on a proposed 1.6GW offshore wind project.
‘Sold on the cheap?’ Nicola Sturgeon defends £700m ScotWind plans
Nicola Sturgeon accused opponents of “girning” about major offshore wind investment in a row over human rights, profits and selling off access “on the cheap”.
‘ScotWind £700m should be used to create Scottish sovereign wealth fund’
The ScotWind licencing announcements on January 17th were certainly a welcome and hugely material vote of confidence in the future of the offshore energy sector in the UK.
‘Scotland for sale’: Concern as overseas yards eye ScotWind projects
Concern has been raised over whether Scotland will truly reap the benefits of the huge ScotWind offshore wind auction, as overseas yards like Lamprell eye work.
Aberdeen firm targeting growth following multimillion-pound investment
Aberdeen firm Subsea Technology & Rentals (STR) is targeting growth in the “rapidly growing offshore wind sector” after a multi-million pound private equity investment.
SSE Renewables ‘confident’ of running in future Scottish auctions after ScotWind success
One of the big winners in the ScotWind leasing process already has its sights on securing future offshore wind opportunities.
ScotWind could ‘accelerate some seabirds towards extinction’, warns RSPB
A leading charity has expressed concerns about the potentially devastating impact of ScotWind on Scotland's seabirds.
ScotWind millions ‘must be used for jobs and training’
The £700million to be raised for Scottish Government coffers through the ScotWind auction “must be used” for jobs and training, a trade union has urged.
January 17: Green Monday?
Maybe yesterday should be renamed Green Monday rather than Blue Monday. It was certainly a day to celebrate the ambition for renewable energy in Scotland as the ScotWind licencing round was announced with provision for significantly more GW than anticipated.