The Omicron virus variant has plunged the world into yet more uncertainty in recent months – but even so, 2021 will be remembered as the year when the pandemic loosened its grip on global energy markets and the supply chain could start to recover from last year’s 14% drop in global energy spending. Investments grew 7% this year, putting economies, energy demand and the supply sector on the road to recovery.
The offshore supply chain is crucial for the energy sector’s goal of achieving net zero, with commitment to a smooth energy transition and relevant opportunities from industry leaders vital to reach carbon neutrality, writes David Hutchinson, director with engineering and manufacturing specialist Pryme Group.
Aker Offshore Wind and Ocean Winds have promised a £235 million early investment package to support Scotland’s renewable energy supply chain, as part of their joint bids for the ScotWind offshore leasing round.
Renewable Parts has teamed up with SSE Renewables to help increase the sustainability of the company’s green energy assets.
Offshore wind supply chain companies are being encouraged to bid for a share of £3.5 million in funding.
Government has repeated its pledge to help local workers benefit from the scaling up of renewables developments in UK waters.
A new programme designed to identify opportunities and explore deployable solutions to reduce greenhouse gas emissions has been launched in the north-east.
Ocean Winds (OW) and Aker Offshore Wind (AOW) have pledged to create thousands of high-skilled jobs in Scotland if they're given the green light to build what would be the UK’s largest floating offshore wind development off the north-east coast.
It was recently reported that countries are lining up for wind turbine manufacturing plants to increase local content in their domestic markets. Siemens Energy AG expressed fear about global supply chains being balanced with bringing local content. Does this precede possible bottlenecks in supply and so act as a drag on offshore wind deployment targets?
TotalEnergies is inviting Scottish supply chain companies to find out more about the opportunities arising from its offshore wind ambitions.
Reuters Events talk offshore & floating wind with 'Exploring Offshore & Floating Wind Supply Chain Growth - Challenges and Opportunities'
Sir Ian Wood has criticised governments for removing overseas trade support for oil and gas activities, saying it won’t reduce carbon emissions “one inch”.
Marine equipment fabrication and rental specialist Motive Offshore Group has reported contract wins worth more than £16 million since the start of 2021.
North Sea operators are being warned against introducing further “bureaucracy” amid concerns it could make life even more difficult for the supply chain.
North Sea supply chain companies could begin to move elsewhere if operators continue to defer decommissioning, it has been warned.
Scottish supply chain firm Renewable Parts is forecasting a year of “strong growth” as it celebrates its 10-year anniversary.
More than a dozen north-east businesses have been selected to take part in an initiative designed to help firms capitalise on Scotland’s offshore wind expansion.
Supply chain opportunities for two proposed multi-billion pound North Sea offshore wind farms will be explored next week.
Trade body Scottish Renewables has appointed Emma Harrick to its newly created role of energy transition and supply chain manager.
The potential for Scottish businesses to produce commercial scale concrete foundations for floating wind projects is to be explored by a new partnership.
The Brent oil price has reached its highest in 13 months, but experts say questions persist on whether activity in the UK North Sea will see a similar resurgence.
In his latest column, former UK Energy Minister Brian Wilson questions the Scottish Government's withdrawal of support for oil service exporters.
An Aberdeen-based wire and fibre rope solutions provider has announced the appointment of three new “key members” of staff as it targets “ambitious growth plans”.
Shetland suppliers have benefitted from almost £5 million resulting from the development of a huge onshore wind farm on the island.
Proposals for a “world class” offshore wind manufacturing site in the north-east of England have been given the go ahead.