NEO Energy to buy JX Nippon UK assets in £1.2billion deal
NEO Energy is buying JX Nippon E&P UK, the British business of Japan's ENEOS holdings, for £1.2billion in the latest of a string of North Sea acquisitions.
BASF creates dedicated renewables unit
German chemicals giant BASF will create a new subsidiary, BASF Renewable Energy, to supply its European sites and manage electricity trading activities.
GMB Union calls for decommissioning to support UK jobs
The GMB union has said that rigs must not be towed overseas to be broken up, pointing to UK decommissioning jobs as a “perfect opportunity” for the government’s levelling up agenda.
Ithaca submits Fionn and Causeway decommissioning plans
Ithaca Energy has submitted draft plans for the decommissioning of subsea infrastructure at the Fionn and Causeway fields as part of a joint campaign.
EnerMech secures three-year contract extension with Petrofac
EnerMech has confirmed a three-year extension to its equipment rental deal with Petrofac, taking the two companies’ working relationship beyond the ten-year mark.
VIDEO: Neptune completes Seagull umbilical installation
Neptune and its partners have completed installation of a subsea manifold and umbilical at the Seagull project, in the central North Sea.
Fergus Mutch: Time for a rethink of the SNP’s naive ‘Stop Cambo’ sloganeering
Just five weeks ago, the UK Government left an almighty open goal for the SNP.
Logan Energy, Locogen awarded £3m for Arbikie distillery hydrogen plans
Plans to power the Arbikie gin and whisky distillery with onsite wind and hydrogen have been given backing by the government’s Green Distilleries fund.
UK Government announces £20m ring-fenced tidal funding in upcoming CfD
The government has announced it will provide £20 million per year in ringfenced tidal stream project support as part of the upcoming Contract for Difference (CfD) round, following pressure from industry and MPs.
Simec Atlantis seeks to raise another £341k to pay out shareholder
Simec Atlantis Energy shares have slumped in early trading after it called an emergency meeting to raise £341,000 to pay out a shareholder and replace its auditor, EY.
Glen Garioch distillery hydrogen project wins government backing
A distiller and a clean-tech start-up have been awarded further funding to conduct an industrial hydrogen trial at the Glen Garioch distillery in Oldmeldrum, Aberdeenshire.
Aberdeen students’ CCS, subsea and solar studies win Energy Institute awards
The Energy Institute (EI) recently hosted its annual competition, recognising Aberdeen’s best MSc students for studies exploring elements of carbon capture, solar and subsea engineering.
Fred. Olsen 1848 unit launched to commercialise renewable technologies
Bonheur, the holding company of Norway’s Olsen family, has announced the creation of Fred. Olsen 1848, a new unit aimed at developing and deploying engineering solutions for offshore wind and solar.
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.
US sanctions ship involved in Nord Stream 2 gas pipeline
The US imposed sanctions on a ship involved in the construction of the Nord Stream 2 gas pipeline as the Biden administration looks to exert more pressure on Russia without antagonising Germany.
bp, EnQuest, Spirit offer decom data dashboard to give suppliers inside track
A new decommissioning data visibility project has been launched by the Oil and Gas Authority (OGA) to offer the supply chain greater visibility of future decommissioning work.
Outlook for lift vessels ‘constrained’ as oil and gas vies with offshore wind
Oil & Gas UK (OGUK) has warned that the decommissioning market is increasingly interacting with that of offshore wind, increasing pressure on project timeframes and onshore yard space.
‘Business returning to its usual pace’ as £16.6bn to be spent on UK decommissioning by 2030
UK industry will spend £16.6 billion on decommissioning over the next decade as activity rebounds in the wake of the pandemic, according to Oil & Gas UK (OGUK).
Keppel wins offshore wind farm substation contract
Keppel Offshore & Marine (O&M) has secured a contract from a renewables developer to construct two offshore substations for S$110 million (£60 million).
Alex Salmond says Sturgeon’s Cambo opposition will cost her ‘tens of thousands’ of votes
Alex Salmond has compared Nicola Sturgeon to Margaret Thatcher after she announced her opposition to the proposed Cambo oil field off Shetland.
The COP Shop Podcast #4: Taking stock
The deal’s been done and, as the dust settles on the Glasgow Climate Pact, EV Europe editor Allister Thomas and James Close, head of climate change at NatWest Group, dig into the detail.
Sir Ian Wood: Acorn CCS project ‘hopeful’ but north-east freeport in danger of ‘screwing up’
Billionaire industrialist Sir Ian Wood has said he is “more hopeful” about the prospects of a landmark project to capture, store and manage carbon in the north-east than he was when it was snubbed in a £1billion government funding programme a few weeks ago.
Shell’s new emission targets fall short, activist investor says
An activist investor whose climate resolution garnered 30% votes from Royal Dutch Shell investors says the energy giant has not fully addressed concerns over emissions.
Neptune ‘reviewing options’ on DepHYnus CCS–hydrogen scheme after government snub
Neptune Energy has said it remains committed to the DelpHYnus project, a blue hydrogen and CCS scheme on England’s east coast, after missing out on UK Government selection.
MPs demand £71m tidal pot in upcoming CfD
Ministers at the Department for Business, Energy and Industrial Strategy (BEIS) faced a series of questions from Scottish MPs on support for tidal energy, with just weeks to go before the upcoming Contracts for Difference (CfD) auction.