Global upstream sanctioning activity forecast to reach $126bn in 2024
Global sanctioning activity for the upstream oil and gas [O&G] industry is forecast to reach $126bn in 2024, which compares to $179bn recorded in 2023.
Piper Sandler
Energy finance firm is given office makeover
The Grade B offices of energy finance firm Piper Sandler in Aberdeen have been given a major makeover.
M&A expert brands UK ‘one of the most unstable’ economies for doing energy deals
There are claims Westminster’s fiscal interventions have made the UK “one of the most unstable economies” for energy investments.
Oilfield services poised to benefit from ‘dramatic growth’ in offshore wind
Oilfield services companies have shown considerable resilience in the wake of the pandemic, but mergers and acquisitions (M&A) activity will increasingly be guided by investors’ ESG appetite, Subsea Expo delegates heard.
Financiers under a ‘huge amount of pressure’ to drop oil investments, says expert
A senior figure at Lloyds Banking set out the challengers for financiers of backing oil and gas during an industry event in Aberdeen on Thursday.
Cambo could be ‘huge spanner in the works’ for North Sea investment appetite
The cacophony around Cambo could throw a “huge spanner” into the works with regards to investment appetite in the North Sea, an industry expert has said.
Offshore pioneers outline ambitious £10bn plans to electrify North Sea platforms with floating wind
A pair of offshore engineering specialists have revealed ambitious plans for a £10 billion floating wind project aimed at slashing emissions from UK oil and gas platforms.