Bureau Veritas wins multimillion-pound deal to support dozens of Shell UK platforms
Verification agency Bureau Veritas (EPA: BVI) has won a multimillion-pound deal to support dozens of Shell platforms in the UK.
UK
Production vessel arrives at Shell Pierce field for North Sea gas project
The vessel which will produce Pierce, a new North Sea gas redevelopment project for Shell (LON: SHEL) , has arrived at the field in the UK.
The Treasury has published the draft windfall tax law – and wants your thoughts
The Treasury has opened the door for feedback on the North Sea windfall tax as draft legislation has today been published.
Safe Boreas wins $3.7m contract in UK North Sea
Prosafe has won a $3.7 million contract for its Safe Boreas flotel in the UK North Sea.
UK drivers pay more than £105 to fill up car with diesel
The cost of filling up a standard car in the UK with diesel surpassed £105 ($128) for the first time, piling further pressure on Britons hit by a cost-of-living crisis.
Brexit ‘slowed down investment’ into UK renewables, report finds
Brexit has “posed challenges” to development of renewables in the UK, according to a new report into the country’s energy transition.
Costly carbon: North Sea to spend $750 million on emissions allowances in 2022
The UK North Sea is expected to spend $750 million on emissions allowances this year, according to new research, with the price of carbon only set to surge.
US LNG flows into high-priced Europe, deserts China
The US more than doubled LNG exports to Europe in the first four months of the year, according to the Energy Information Administration (EIA).
UK’s first ever CCS round will ‘kickstart next phase’ of industry
The UK’s first ever Carbon Capture and Storage (CCS) licensing round is just a week away, mooted by the regulator to “kickstart the next phase of this great industry”.
Deirdre Michie: Supporting consumers is essential – damaging the UK energy industry is no way to do it
The Chancellor’s Energy Profits Levy, announced yesterday, is a disappointing and worrying development for industry. The shockwaves will undoubtedly be felt in offshore energy jobs and communities for years to come.
Windfall tax measures could ‘accelerate’ major UK oil projects like Cambo and Rosebank
Windfall tax measures announced by Rishi Sunak could "accelerate" major UK oil and gas projects like Cambo and Rosebank, according to experts.
Windfall tax risks ‘destabilising £200bn of energy investments’ warns industry chief
A windfall tax, reportedly due to be announced today, risks “destabilising” a planned £200bn of investment in the UK energy system this decade, the industry trade body has warned.
Oil protestors flooded Kwasi Kwarteng with 20,000 emails to block Cambo
The Tory energy secretary was dealing with 100 campaign messages a day as climate activists fought to block the controversial Cambo oil field expansion off Shetland.
UK North Sea sees chance for political reprieve in energy crisis
Six months ago, UK North Sea oil and gas faced the bleakest outlook in its 50-year history.
Approval of Shell Jackdaw field in North Sea ‘imminent’, report claims
Approval of the Shell Jackdaw gas field in the North Sea is now “imminent”, according to a newspaper report.
Scotland facing ‘tsunami of fuel poverty’ warns First Minister
First Minister Nicola Sturgeon has warned that Scotland faces a “tsunami of fuel poverty” as energy bills are set to increase again in October.
ConocoPhillips developing new North Sea project targeting 90 million barrels
ConocoPhillips and its partners are targeting 90 million barrels of oil from a new North Sea development.
FPSO for delayed Penguins project ‘progressing well’ says Shell boss
Construction work is “progressing well” on the Penguins FPSO - the first new manned vessel for Shell in the northern North Sea for 30 years - following a series of delays.
One year on: exporting away from fossil fuels and towards a greener future
Just over one year ago, the UK ended financial support for fossil fuel projects overseas. This meant ending export finance, aid funding and trade promotion for new crude oil, natural gas or thermal coal projects.
Russia cut off from UK professional services
The UK Government has blocked access for Russia to Britain’s professional services exports.
Europe invested £35bn in new wind farms in 2021, ‘well short’ of what is needed
Europe invested almost £35 billion in new wind farms last year, bankrolling 25 gigawatts (GW) of fresh capacity.
BP announces £18 billion investment for UK with North Sea at its heart
BP has announced plans to invest £18 billion in the UK energy system by 2030, with the North Sea at its heart, days after calls were once again raised for an oil and gas windfall tax.
Gallery: FPSO ‘nearly there’ for Shell Pierce redevelopment in UK North Sea
The FPSO for the Shell Pierce gas expansion project in the UK North Sea is “nearly there” with its refurbishment work.
An obscure (and underestimated) oil city at the heart of the old Soviet industry…
A ministerial visit that’s long stuck in my mind was to a city called Khanty-Mansiysk far to the north in Siberia. You haven’t heard of it? Well, join a very large club to which I belonged before going there.
UK Well Slot: Dana Petroleum spuds Barra South appraisal well
As of 26 April, Westwood Global Energy reports that there is one exploration well and one appraisal well active, in the CNS and NNS respectively. One appraisal well is in the process of being suspended since the last report.