Rigs to reefs could be win-win, but government silence is frustrating
As a consequence of low oil prices together with decommissioning rebate payments and foregone taxes, Energy Voice recently reported on falling UK Oil and Gas Government revenues.
Greenmar – Sustainable energy recruitment specialists
Greenmar, a new renewable energy recruitment company, has been launched in Aberdeen.
Energy Voice monthly supplement, August 2021
Energy Voice's latest monthly supplement has been published with The Press & Journal.
SSE finds buyer for SGN stake in £1.2bn deal
London-listed energy company SSE will sell its 33.3% stake in gas distribution operator Scotia Gas Networks (SGN) for £1.22 billion.
Subsea 7 to buy floating wind foundation developer Nautilus
Subsea 7 has struck a deal to buy a majority interest in Nautilus Floating Solutions, a developer of technology for the floating wind market based in Bilbao, Spain.
Hydrogen goes nuclear as UK reactor pivots toward renewables
The $28 billion Sizewell C nuclear station is touted as an anchor for Britain reaching net-zero emissions, yet its reactors will compete with wind farms over the North Sea horizon. On gusty days, where will the plant’s excess power go? Toward making hydrogen.
Oil Search, Santos to merge into $16bn LNG powerhouse
Australia’s second- and third-biggest oil and gas companies are set to merge to become one of the largest in the region and in the top 20 globally.
Oil and gas supply chain must not be sacrificed on COP26 altar
As Big Oil becomes increasingly regarded as a pariah, so attitudes are changing in a number of Western governments towards support for smaller nations looking to develop their fossil fuel resources.
UK’s overseas development bank told to step off the gas pedal
We have a decade to decarbonise the global economy and limit temperature rises to 1.5 degrees Celsius – the target set by the Paris Agreement in 2015.
Futureproofing the North Sea
With the energy transition in full swing, the future of upstream oil and gas development in the North Sea is no longer clear.
Climate change denials, Asian deep waters, and fishy tales
On this week’s EVOL, we discuss Orcadian Energy chief executive Steve Brown’s climate change tweets that have landed the boss of the London-listed North Sea oil minnow in hot waters.
Exxon and Chevron ride plastics boom to cash-flow bonanzas
Exxon Mobil Corp. and Chevron Corp. swung to their biggest profits since pre-pandemic days amid surging demand and prices for plastics and energy.
North Sea oil boss caught up in storm over climate change tweets
The boss of a London-listed North Sea oil minnow has deleted his personal Twitter account following criticism of views he expressed on climate change.
Greta Thunberg criticises Science Museum over reported Shell ‘gagging’ clause
Teenage climate activist Greta Thunberg has criticised the Science Museum following reports it signed a "gagging clause" with oil giant Shell over sponsorship of one of its exhibitions.
Symbolic bans on oil E&P won’t help us with climate change, Shell boss says
The chief executive of Shell said today that “symbolic” bans on oil and gas exploration and production would not help the UK tackle climate change.
Shell lifts dividend and starts $2bn share buyback programme
Shell hoisted its dividend and kicked off a $2 billion share buyback programme today, emboldened by a return to the black in the first half of 2021.
Fast finish doesn’t bode well for Equinor-BP Tiger Lily exploration well
Westwood Global Energy reports that as of June 28 there were two appraisal wells active in the UK. Completions to date in 2021 are one appraisal well at 22/26d-3 Glengorm South and two exploration wells at 22/6c-B4Z Bacchus South and 16/2a-6 Tiger Lily.
Norway records seven commercial discoveries in year to date
Westwood Global Energy reports that there were two exploration and one appraisal wells active as of July 28. Key wells in July include frontier play tests at Stovegolvet and Stangnestind, both of which completed. A total of 17 exploration wells have completed to date in 2021, from which seven commercial discoveries have been made giving a 41% commercial success rate to date.
Updated: New North Sea firm co-founded by industry stalwart clinches maiden acquisition
North Sea stalwart Neill Carson is celebrating a maiden acquisition at Quattro Energy – the fourth oil and gas vehicle he has co-founded.
Hammer blow: 100 facing redundancy with Baker Hughes poised to close Aberdeen base
More than 100 workers are facing redundancy as US energy service firm Baker Hughes looks poised to close one of its Aberdeen sites.
Subsea 7 to bolster onshore workforce as tendering and engineering work ramps up
Subsea 7 has predicted "increased profitability" in the second half of 2021 and says a ramp-up in tendering activity has strengthened its long-term outlook.
Forth Ports plots green port bid for Edinburgh, Grangemouth and Rosyth
Forth Ports, owner of seven ports on the east coast of Scotland, will submit a “green port” bid to the Scottish Government.
Study an energy related Master’s degree at Robert Gordon University
Robert Gordon University (RGU) has been teaching energy courses for 50 years, with the first energy course delivered in 1971, when RGU was still Robert Gordon’s Institute of Technology (RGIT).
ScotWind will prove beauty is more than skin deep
Following the ScotWind leasing round closing on Friday 16 July, there is now great anticipation to see which applications to build Scotland’s next generation of offshore wind farms are successful.
New green partnership boosts heat recovery from geothermal wells
A leading international energy consultancy, service and software provider has launched a new division which applies knowledge from the oil and gas sector to carbon reduction initiatives.