Detained ship in Aberdeen Harbour released after crew paid
A ship in Aberdeen Harbour has been released by authorities after crew were paid backdated wages and returned home.
Offshore Wind Policy Statement ‘very important step’ for future of industry in Scotland
Holyrood’s new offshore wind objectives have been described as a “very important step” in the future of the industry in Scotland.
ConocoPhillips loses $450m in third quarter
ConocoPhillips lost $450 million in the third quarter as low crude prices and reduced production during the coronavirus pandemic continued to take a toll on the company's bottom line.
Holyrood urged to work with Westminster ahead of emergency BiFab summit
The Scottish Government has been urged to “pick up the phone” to Westminster and ask for support to secure the future of Burntisland Fabrications (BiFab).
World’s top wind turbine maker ups the stakes in offshore race
Vestas Wind Systems A/S, the world’s biggest wind turbine manufacturer, will buy out its offshore joint venture partner in an all-share deal that looks to take advantage of an expanding industry at the heart of the energy transition.
OGA review shows ‘patchy compliance’ in management of licences
The Oil and Gas Authority has stressed the need for operators to maintain high licence management standards, after a report showed patchy compliance in some areas.
DNV GL gives thumbs up to double rotor floating wind turbine concept
Independent energy consultancy and certification body DNV GL has given its seal of approval to an “innovative” double rotor floating wind turbine concept.
Offshore Wind Growth Partnership launches ‘largest funding call to date’
The Offshore Wind Growth Partnership (OWGP) has launched its “largest funding call to date” with £1.5 million up for grabs.
AFBE-UK Scotland Diversity and Inclusion Awards shortlist announced
BP, Baker Hughes and Spirit Energy are among those that have made the shortlist for AFBE-UK Scotland's 2020 Diversity and Inclusion Awards.
Equinor on track with plans to reduce operating costs, stays firmly rooted in the red
Equinor is on track with plans to reduce its operating costs by $700 million as part of its “forceful response” to combat “market turmoil”, according to its latest accounts.
Scottish Government accused of being ‘deliberately misleading’ over Contracts for Difference criticism
A leading union has accused the Scottish Government of being “deliberately misleading” after it indicated that Westminster was to blame for supply chain firms north of the border missing out on offshore wind contracts.
Oil rises on weaker dollar and storm supply disruptions
Oil accelerated gains in the wake of a weakening dollar and as Tropical Storm Zeta leads U.S. Gulf crude producers to shut output.
Covid-19 may stunt electricity demand for years
Electricity demand is unlikely to return to normal levels even after the development of a coronavirus vaccine, according to a new report by scientists from Columbia University.
Here’s the latest on the resurgence of Libya’s oil industry
Libya’s oil industry reached a milestone over the past week with the reopening of the last of its oil fields and ports following a truce in a years-long civil war.
Offshore wind majors signal continued commitment to R&D, next stage of Offshore Wind Accelerator given green light
The latest round of the Offshore Wind Accelerator (OWA) has kicked off with some of the industry’s biggest players coming together to facilitate collaborative research, development and deployment (RD&D) projects.
Green power to draw $11 trillion investment by 2050, BNEF says
Green power is set to draw around $11 trillion of investment in the coming decades as the cost of renewables plummets and more of the world’s energy comes from electricity.
Two dead after vessel collides with platform in Petronas operated oil field
Petronas has said it is “deeply saddened” after a maintenance vessel crashed into a platform in the South China Sea, killing two people.
OGA launches ‘game-changing’ interactive offshore mapping application
The Oil and Gas Authority (OGA) has launched a new “game-changing” interactive mapping application that could be a valuable tool in the search for carbon storage locations.
Total consolidates position as France’s second largest solar developer
Total has picked up 67 megawatt-peak of solar projects as part of the French Energy Regulatory Commission’s (CRE) eighth call for tenders.
Hunting cuts global workforce by 30% since start of year in response to ‘challenging environment’
International energy services provider Hunting has made further job losses as it continues to battle the dual impact of the Covid-19 pandemic and the oil price slump.
Scotland potentially ‘best placed country in Europe’ to deliver CCUS, according to energy minister
Holyrood’s energy minister has described Scotland as “potentially the best placed country in Europe” to deliver carbon capture utilisation and storage (CCUS) on a commercial scale.
Calls for Holyrood to ‘come clean’ over mothballed BiFab yard
A former UK energy minister has called on the Scottish Government to “come clean” about the terms of a lease agreement for a mothballed BiFab yard on the Isle of Lewis.
Leading industry body calls for Ofgem to ‘deliver, not delay, net zero’
Ofgem must help “deliver, not delay, net zero” in its final price control determinations, a leading industry body has warned.
Aberdeen engineering firm believed to have laid off quarter of workforce
An Aberdeen-based subsea engineering and decommissioning services provider is believed to have laid off around a quarter of its workforce.
Aberdeen-based energy services group awarded multi-million pound North Sea duty holder contract
An Aberdeen-based energy services group has won a multi-million pound contract to deliver duty holder services for two North Sea assets.