Bristow Helicopters UK business narrows losses but total debt rockets to £1.68bn
The UK arm of US helicopter giant Bristow has reported a narrowing of annual losses but it continues to rely heavily on goodwill from its parent.
UK
What is the ideal low carbon energy mix? More questions than answers
Every country is trying to figure out how to create a secure, clean and affordable energy system. So what’s the ideal low carbon energy mix for the UK?
VIDEO: FPSO arrives at Aibel yard for refurb ahead of Shell Pierce field expansion
Footage has been released of the FPSO for the Shell Pierce field arriving in Norway for refurb to allow for a gas expansion project at the UK field.
Carbon capture essential to net-zero ambitions
CCS and CCS-enabled hydrogen will speed transition towards decarbonised energy security, writes James Richardson, Director, UK Industrial Decarbonisation at energy technology company Baker Hughes.
Valaris wins UK decom work with Centrica amid clutch of contracts
Valaris has announced a clutch of contract awards, including decommissioning work with Centrica in the UK.
EnQuest ordered to pay Malaysian contractor £12.7million
UK-listed EnQuest (LON:ENQ) has been ordered to pay 71.6million RM (£12.7million) in a dispute with a Malaysian contractor over offshore works.
‘Sizeable barriers’ to making UK and Europe hydrogen vision a reality
There are “sizeable barriers” between making the hopper of “proposed” hydrogen projects in the UK and Europe an economic reality, according to new research.
Havfram eyes recruitment surge for Aberdeen base
With more than 30 years’ experience in oil, gas and renewables, Bob Gillespie has seen it all in the energy sector. In August 2020, he took up the reins as Managing Director of subsea and offshore wind contractor, Havfram in the UK.
Kistos confirms move for TotalEnergies West of Shetland assets
Kistos (LON: KIST) has confirmed it is bidding to acquire assets being put on sale by TotalEnergies in the West of Shetland.
UK drops red list travel rules for African states
The UK has removed all 11 countries from the red list in the face of international pressure.
North Sea goes without a major oil and gas release for first time in 25 years
The North Sea has gone without a major oil and gas release for the first time since industry trade association records began more than 25 years ago.
Petroplan opens Manchester city centre office
Petroplan, a specialist global energy talent acquisition group, has opened a new office in Manchester city centre to meet growing demand for specialist energy talent in the North.
Centrica continues hunt for North Sea exit after Spirit Energy Norway sale
British Gas owner Centrica has said it will continue its strategy to exit the UK North Sea after announcing a deal to sell Spirit Energy Norway for £800million.
Queequeg Renewables gets backing for 500MW UK solar portfolio
Queequeg Renewables has secured full equity funding for the first 500MW of a planned gigawatt-plus solar and battery pipeline across the UK.
UK backs US oil release plans with eye on controlling prices
The UK will back President Joe Biden’s plans to release emergency oil supplies in an attempt to reduce the price of oil.
Global demand for offshore wind cables forecast to skyrocket
Global demand for offshore wind farm cables has soared in recent times as work to scale up the deployment of turbines intensifies.
Tidal stream could generate 11% of UK’s electricity demand – but support needed now
A new study finds that tidal stream power could reach 11.5 GW of installed capacity by 2050, but that time is of the essence if this resource is to be realised.
UK rejects alliance seeking fixed date on fossil fuel phaseout
The UK won’t join an alliance of countries fixing a date to phase out fossil fuel production, which critics argue calls into question the host nation's climate leadership.
ConocoPhillips submits plans for £1billion Norway-UK North Sea project
ConocoPhillips has submitted plans for a £1billion project which straddles the Norway-UK median line in the North Sea.
20 nations join COP deal to end foreign fossil fuel funding
The UK has corralled about 20 nations including the US, Canada and Italy at the COP26 climate summit to pledge to stop funding foreign fossil fuel projects, though the impact of the deal is undermined by the absence of key countries.
UK wellslot: Three wells active in the North Sea
Westwood Global Energy reports that as of 25 October there was one appraisal well and two exploration wells active in the UK. Completions to date in 2021 are two appraisal wells at 22/26d-3 Glengorm South and 30/13e-12, 12Z Talbot and three exploration wells at 22/6c-B4Z Bacchus South, 16/2a-6 Tiger Lily and 22/1b-12, 12Z, 12Y Fotla.
UK pushes for deal to end foreign fossil fuel finance
The UK is trying to corral at least 18 countries to agree to stop funding of foreign fossil fuel projects by the end of next year, according to people familiar with the situation.
COP26: Sturgeon calls oil and gas Scotland’s ‘most difficult’ issue
Nicola Sturgeon has described oil and gas as the “most difficult” issue for Scotland to confront, speaking on the opening day of the COP26 climate conference.
UK Net Zero strategy to focus on nuclear power: Report
UK ministers will put nuclear power at the heart of Britain’s strategy to reach net zero carbon emissions by 2050 in government documents expected as early as this week, the Financial Times reported.
Orcadian to farm-out 30million barrel UK prospect to Carrick Resources
Orcadian Energy (LON: ORCA) has announced a deal to farm out the Carra prospect in the UK North Sea to Carrick Resources.