Energy bodies warn green growth at ‘severe risk’ without new support
A group of trade associations from across the energy sector have written to the Chancellor urging him to prioritise incentives for green growth as part of the Spring Budget.
Aker Solutions-DP World venture signs contract for Rosebank FPSO work
Drydocks World and Aker Solutions have signed off a contract with Altera Infrastructure for work to upgrade the vessel used to develop the Rosebank field.
Ithaca books Stena Spey for summer 2023
Ithaca Energy (LON:ITH) has signed a new contract with Stena Drilling for a campaign beginning later this year.
TotalEnergies charts $3.1bn Adani exposure
TotalEnergies (PAR:TTE) has provided an update on its joint ventures with Adani Group, after a rout of the latter’s stock has left its financial health in question.
Energy secretary calls for ‘concrete timeline’ on Track 2 CCUS projects
Scottish politicians have again pressed the UK government for certainty over the timeline for a major north-east carbon capture and storage project.
Energy bosses urged to end ‘adversarial’ relationship with North Sea supply chain in ‘crisis’
A "desperate" supply chain employing tens of thousands of North Sea workers needs offshore contracts in the energy industry that are both fair and timely.
British Gas under pressure to outline compensation for ‘mistreated’ customers
British Gas is under pressure to explain how it will compensate "vulnerable" customers who faced debt collectors forcibly installing prepayment meters in their homes.
Aiken takes on new director to drive ‘aggressive play’ into batteries and hydrogen
Aiken has appointed Baptiste Gougeon to the role of business director for its modular outfitting and refurbishment business, as it looks to make good on energy transition opportunities.
Hibiscus tenders for new Teal West work
Hibiscus Petroleum (KLSE: HIBISCS) is looking to book new work for its Teal West field as it moves to progress the development solo.
ICR Integrity taps ex-EnerMech exec for group director role
Maintenance, inspection and integrity firm ICR Integrity (ICR) has announced the appointment of Ross McHardy as group director.
Seven-figure contract wins start 2023 off with a bang for Decom Engineering
Decom Engineering has kicked off the new year with a stream of global project wins and awards valued in excess of seven figures, as it eyes further growth and recruitment through 2023.
NSTA sets up new carbon storage team ahead of licence announcement within ‘weeks’
The North Sea Transition Authority (NSTA) is to fill out a new, dedicated carbon storage team ahead of the results of the UK’s first CCS licensing round.
Police name missing North Sea rig worker
Police have named the man who went missing from an oil rig in the North Sea last week as 50-year-old Jason Thomas from Wales.
TAQA closes deal for Al Mansoori services group
Saudi Arabia-based energy services group TAQA has completed its takeover of Al Mansoori Petroleum Services (AMPS) as it eyes regional expansion.
Energy supply chain firms ‘in crisis’, warns OEUK
Post-Brexit paperwork, a lack of North Sea projects and a shortage of talent are putting mounting pressure on the UK’s energy supply chain, according to Offshore Energies UK (OEUK).
Norwegian tax incentives help drive $43bn of new investment
24 Norwegian oil and gas projects were green lit in 2022, marking a record-breaking year for project approvals, according to data from Rystad Energy.
Updated: Chevron falls after posting disappointing quarterly result
Chevron Corp. posted disappointing fourth-quarter results just days after surprising investors with a mammoth $75 billion share-buyback program.
Matheson: Industry should rise to ‘challenge’ of climate checkpoints
North Sea oil and gas producers should accept the “challenge” of meeting climate targets and justifying the need for further fossil fuel production, Scotland’s energy secretary said.
Shell plans strategic review of energy supply business which employs 2,000 in UK
Oil giant Shell has raised questions about the future of its energy supply business which employs thousands of people in the UK as companies continue to struggle in a tough market.
Pentland floating wind farm granted onshore work approval
Developers of the Pentland Floating Offshore Wind Farm (PFOWF) have been granted planning permission in principle from Highland Council for planned onshore infrastructure.
MSPs clash over jobs analysis in just transition plans
SNP and Tory politicians clashed in Holyrood on Thursday over bullish predictions of the number of jobs in renewables as part of Scotland's future energy workforce.
Big Oil faces headwinds after record $199 billion profit haul
Exxon Mobil, Chevron, Shell, TotalEnergies and BP reaped almost $200 billion collectively last year but fears of an economic slowdown, plunging natural gas prices, cost inflation and uncertainty over China’s re-opening are dimming the outlook for 2023.
50 jobs promised as NnG opens Eyemouth O&M base
Developers of the Neart na Gaoithe (NnG) offshore wind farm hailed a “significant milestone” on Tuesday with the opening of an operations and maintenance base for the project in Berwickshire.
Wales looks to reach 100% renewable electricity by 2035
Welsh ministers have unveiled plans for the country to meet 100% of its electricity needs from renewable sources by 2035, as well as a new £1m offshore wind fund.
Big banks told by investors to speed up fossil-fuel divestment
Six Wall Street banks are being pressed by a group of shareholders to move faster on reducing their financing of fossil fuels to meet global climate goals.