Within central Scotland, financial technology, or FinTech, is seeing a surge of growth, with new enterprises launching, international firms moving to Scotland and established technology firms developing new FinTech products.
At the end of September there were three active exploration wells and four appraisal wells being drilled in the UK, according to Westwood Global Energy. Two E&A wells were spudded and three were completed during September.
By Mike Tholen, upstream policy director at Oil and Gas UK
If necessity is the mother of invention, the Committee on Climate Change’s “Net Zero – The UK’s contribution to stopping global warming” report should spur a jump-start for the carbon capture, usage and storage (CCUS) industry in the UK.
Four exploration wells and one appraisal well were active in Norway at the end of September. Three wells were completed and one well spudded in September.
French energy giant Total has said a new tool developed in Aberdeen represents a “significant opportunity” to slash its $14.3bn (£11.6bn) global decommissioning bill.
The chief executive of the Oil and Gas Authority (OGA) has claimed the UK’s goals for a crucial new climate change technology are “remarkably achievable”.
The potential to heat Donald Trump’s newly-approved housing estate in Aberdeenshire with 100% hydrogen was discussed at an energy sector conference yesterday.