UK’s only shale wells to be abandoned in end to fracking controversy
The UK's only two shale wells are to be abandoned, ending more than a decade of controversy over fracking in this country.
The UK's only two shale wells are to be abandoned, ending more than a decade of controversy over fracking in this country.
A new partnership will boost training for science, technology, engineering and maths jobs in Angus.
SSE (LON: SSE) has announced that Catherine Raw will join the energy company as managing director of SSE Thermal.
Vestas has blamed rising energy prices, supply chain disruptions and inflation for a reduction in profits last year.
The energy sector has witnessed its fair share of change in recent times. Organisations are redefining themselves to better reflect their roles and objectives today and for the future. Statoil’s 2018 transformation to Equinor, Total’s 2021 shift to TotalEnergies, and Shell moving its long-term focus from oil and gas to renewables being examples of this. Rebranding and repositioning are positive, proactive responses to the changing world.
Greater collaboration between the offshore energy and defence sectors could unlock lucrative opportunities for the underwater industry.
Behind Saipem’s shock profit warning last week lurks a huge loss on a contract to supply wind-turbine foundations for an Electricite de France SA project off the east coast of Scotland.
North-east Conservative MP David Duguid has thrown his support behind plans to fast-track the approval of six North Sea oilfields.
Aberdeen-headquartered ADC Energy has been awarded a third contract in Asia-Pacific (APAC) in the first quarter of this year.
The UK’s chief legal adviser pledged a “forensic and robust” review of the Serious Fraud Office’s botched handling of a bribery case as it weighs making changes at the country’s top fraud prosecutor.
The UK’s business and energy secretary has defended the role of the oil and gas industry in the transition to net zero.
With the theme of ‘Oceans of Opportunity’, the much-anticipated Subsea Expo conference later this month will showcase the cutting-edge technologies and innovations of the sector. The UK’s subsea market produces some of the world’s most advanced technology for harsh and hard to reach environments. As the energy transition accelerates, there will be a significant opportunity for the transfer of this technology into growing clean energy sectors.
Troubled North Sea oil and gas firm Hurricane Energy (LON: HUR) has shuffled its top team after a request from its activist investor.
Engineering firm Technip Energies (PARIS: TE) has acquired a 16.3% stake in Spanish renewable energy start-up X1 Wind.
A new North Sea boss will be taking up the reins on an interim basis at UK oil and gas giant BP (LON: BP) from next month.
Subsea experts and innovators are eager to contribute to the global energy transition by leveraging the technology, people, competencies and financial muscle developed over many decades at the cutting edge of offshore development and operations.
More than 20 floating production storage and offloading (FPSO) vessels are currently awaiting redeployment across the globe.
With the UK Government setting ambitious industrial decarbonisation targets, Will Leonard, Innovation and Technology Manager, ABB Energy Industries UK, argues that the substantial opportunities presented by a fully integrated and digitalised hydrogen infrastructure must be embraced. A reliable and stable hydrogen economy in the UK will require robust digital systems to support the complex and interdependent systems needed for hydrogen production, distribution and utilisation.
“You would like to think it was good planning,” joked Neil Gordon, chief executive of the Global Underwater Hub (GUH), “but I think it’s just fortunate that, at the moment, it looks as if everything has landed well for us.”
Black smoke spewed across Houston’s industrial suburbs for more than an hour on Monday morning, just days after a winter storm knocked out power at several of the nation’s largest oil refineries.
AIS Survivex is launching a series of events designed to highlight the pivotal role training will play in the energy transition.
The UK oil and gas industry has made “strong progress” towards implementing the aims of a landmark pact between the sector and government.
Petrofac (LON: PFC) has landed two contracts with India’s largest private oil and gas exploration company.
The oil and gas industry is quickly reaching an inflection point. While there is broad consensus on the inherent value in decarbonisation and a pivot to renewable sources, taking such action has moved from an option to a strategic imperative in order to maintain a social licence to operate. Once facing a one-dimensional path to value creation, O&G companies now manage a broad array of stakeholders calling for action on carbon reduction and long-term conversion.
The Oil and Gas Authority (OGA) has confirmed its chief executive will step down at the end of the year.