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”.
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.
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.
By Conrad Purcell, Infrastructure and Energy Projects Partner at Haynes Boone
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 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.
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”.
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.
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 Subsea Technology & Rentals (STR) is targeting growth in the “rapidly growing offshore wind sector” after a multi-million pound private equity investment.
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.
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.
ScotWind will unlock a raft of “fantastic opportunities” for the north-east of Scotland the head of a local energy transition organisation has predicted.
SSE Renewables has confirmed its intent to bid in the Dutch government’s upcoming 1.4 gigawatt (GW) offshore wind tender, set to open in the first half of 2022.