Billions of pounds of investments marked for UK net zero infrastructure could be diverted if politicians keep threatening to impose windfall taxes, the head of the offshore sector's trade body will tell conference attendees next week.
Copenhagen Infrastructure Partners (CIP) has unveiled plans to build an artificial island in the Danish North Sea, where it would cluster large-scale green hydrogen facilities powered by offshore wind.
ITM Power has secured a £9.3m government award to accelerate the commercial deployment and manufacture of its five megawatt (MW) ‘Gigastack’ platform for producing green hydrogen.
ExxonMobil has signed an agreement with subsidiaries of BKV Corporation for the sale of operated and non-operated Barnett Shale gas assets in Texas.
The National Decommissioning Centre (NDC) has launched £2 million project to construct a new, “world-leading” test facility for the plugging and abandonment (P&A) of oil and gas wells.
Aberdeenshire East MSP Gillian Martin has pressed the Scottish Government over challenges faced by offshore workers in finding new roles in renewables.
Vattenfall has been awarded £9.3 million in UK government funding to add green hydrogen production facilities to a turbine at the Aberdeen Offshore Wind Farm (AOWF).
Maersk Decom has confirmed it will close its doors, following the handover of its sole remaining decommissioning contract to Petrofac.
Energy ministers from Denmark, Germany, Belgium and the Netherlands have pledged to install at least 150 gigawatts of offshore wind by 2050, in a bid to support the EU’s drive to reduce its use of Russian oil and gas.
Marsh McLennan has been identified as the insurance broker for the East African Crude Oil Pipeline (EACOP).
Woodside Petroleum almost certainly won investor approval to boost global oil and gas production by adding BHP Group assets while also facing a rebuke on its climate accounting.
New research published by DNV reveals that energy executives anticipate life, property, and environment-compromising cyber-attacks on the sector within the next two years.
Technip Energies has launched a new range of flexible facilities for green hydrogen production, aimed at accelerating the drive to net zero.
The European Union unveiled a raft of measures ranging from boosting renewables and LNG imports to lowering energy demand in its quest to cut dependence on Russian supplies.
Borr Drilling has secured a new four-year contract for its Saga jack-up rig in Southeast Asia.
Siemens Energy is planning a bid for the shares of Siemens Gamesa Renewable Energy it doesn’t already own, a long-speculated step in its efforts to turn around the troubled Spanish wind-turbine maker, people familiar with the matter said.
Engineering giant Worley has been awarded a three-year engineering and procurement (EP) services contract by Shell to support five of its assets in the US Gulf of Mexico.
The Biden administration plans to ease sanctions on Venezuelan oil in a bid to bring more of the country’s crude to Europe.
Plans to impose a windfall tax on North Sea oil and gas firms have been voted down in the House of Commons, despite garnering support from both sides of the political aisle.
A new report from Robert Gordon University (RGU) suggests £17 billion of investment could secure the north-east’s position as a leading global energy hub, but a lack of ambition may lead to significant job losses.
BP and Linde have announced plans to build a carbon capture and storage (CCS) project in Texas, with a view to supporting low-carbon hydrogen production at Linde’s Houston facilities.
Abu Dhabi National Oil Co. plans to build a new liquefied natural gas plant as the world’s producers race to expand their exports amid surging demand.
Offshore contractor Allseas has released new footage showing the removal of the Ninian Northern jacket by its Pioneering Spirit vessel.
Lundin Energy plans to rename itself Orrön Energy, as it focuses on entirely on renewables following the spin-off of its oil and gas business to Aker BP.
HydraWell has announced a merger with Read, in a move aimed at creating a new well integrity specialist focused on late-life oilfield activities.
