An exciting new chapter or a colossal failure – transition deal reactions
Industry chiefs welcomed the North Sea Transition Deal last night and vowed to work with government to deliver a “homegrown” leap to net zero.
Industry chiefs welcomed the North Sea Transition Deal last night and vowed to work with government to deliver a “homegrown” leap to net zero.
Disrupt or be disrupted. Those are the options open to Aberdeen in the field of low-carbon technology development, according to entrepreneur Martin Gilbert.
Sir Ian Wood and BP CEO Bernard Looney have been announced as members of the new UK Government "Build Back Better" Council.
Sir Ian Wood said yesterday that the Committee on Climate Change’s new roadmap for hitting net-zero over the next three decades underlined the need for an Energy Transition Zone in Aberdeen.
When developer ERM decided Aberdeen would be the home for Dolphyn, its world-first floating green hydrogen project, it said “it will put Aberdeen on the map”.
Sir Ian Wood urged businesses of all sizes to “co-operate, share ideas, challenge themselves and combine expertise” as he launched the new EnergyTech initiative.
Sir Ian Wood has said diversifying into areas out of oil and gas is “absolutely what companies should be doing”.
Aberdeen has been selected as the home for the “world’s first” offshore floating facility to produce green hydrogen.
Sir Ian Wood KT GBE, Chairman of Opportunity North East (ONE) and The Wood Foundation, will headline the Opening Plenary at the Virtual Energy Exports Conference (vEEC Week) on Monday 28 September.
The developers of a new initiative aimed at speeding up the level of innovation in the energy sector are also hopeful it will alter attitudes towards digitalisation.
Most of the North Sea workforce is “yet to see” a positive impact from the digital transformation and remain “highly sceptical”, according a major new report.
Sir Ian Wood has insisted the north-east’s long-term challenges remain the same but warned the impact of Covid-19 will “almost certainly slow progress” for overcoming them.
A £62million Scottish Government support package has been unveiled to help oil and gas firms make a green recovery from the Covid-19 crisis.
The oil price freefall means projections for the UK’s North Sea revenues are already out of date before the Budget is even published, according to a leading analyst.
Oil and gas doyen Sir Ian Wood has urged the public and private sectors to work collectively and quickly to ensure “meaningful progress” is made while responding to the climate change emergency.
About 70 acres of green space, industrial estates and more in Aberdeen could be transformed into the city’s first dedicated “energy transition zone” (ETZ), which oil tycoon Sir Ian Wood believes could be key to securing “unparalleled potential for the future of our local economy”.
Sir Ian Wood has unveiled ambitious plans to help the north-east economy capitalise on the energy transition, potentially creating “thousands” of jobs in the process.
Proposals for an Aberdeen energy transition park, along with a host of net zero solutions, should be at the “heart” of an incoming sector deal, according to the head of the Oil and Gas Authority (OGA).
The past year has been one of transformational change for the energy sector as the world woke up to the climate emergency.
An innovative North Sea equipment sharing scheme devised to save companies time and money on ordering new gear could be revived next year.
A two million pound pot has been funded to help north-east start-ups grow to a level which will boost the local economy and employment.
Aberdeen’s longstanding oil and gas pedigree could help the city become a natural headquarters for the UK floating wind industry, according to Scotland’s Energy Minister.
Scotland's energy minister said yesterday he believes there is “still an opportunity” for the country to get into the business of building huge floating wind projects, if it embraces some of the technology used in oil and gas.
Sir Ian Wood has received the Carnegie Medal of Philanthropy for his foundation's work in tackling such issues as child poverty and economic development at home and abroad.
North-east oil and gas doyen Sir Ian Wood says Aberdeen could be the energy capital of the world – but only if political leaders show more commitment to making it happen.