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.
German chemicals giant BASF will create a new subsidiary, BASF Renewable Energy, to supply its European sites and manage electricity trading activities.
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 Energy has submitted draft plans for the decommissioning of subsea infrastructure at the Fionn and Causeway fields as part of a joint campaign.
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.
Neptune and its partners have completed installation of a subsea manifold and umbilical at the Seagull project, in the central North Sea.
Just five weeks ago, the UK Government left an almighty open goal for the SNP.
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.
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 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.
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.
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.
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 has secured full equity funding for the first 500MW of a planned gigawatt-plus solar and battery pipeline across the UK.
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.
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.
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.
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 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 has compared Nicola Sturgeon to Margaret Thatcher after she announced her opposition to the proposed Cambo oil field off Shetland.
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.
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.
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 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.
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.