AMS Global Group ships in new marine industry talent
AMS Global Group has welcomed a senior industry leader to its marine tech team as it widens its service offering to a growing client base.
Feud deepens between Awilco and Keppel with second arbitration on the way
A new layer has been added to the bitter feud between Awilco Drilling and rig builder Keppel FELS, with a second arbitration process on the cards.
EV Out Loud: New name, new fuel, new village
On this week’s EVOL, in association with the EIC, the team give their thoughts on news that Oil and Gas UK – the North Sea’s leading trade body – is considering a rebrand, potentially following others in taking fossil fuels out of the name as part of their net zero push.
Updated: Brent nears $50 as Opec+ agrees more moderate production increase
Brent crude neared $50 per barrel this morning after the Opec cartel and its allies agreed to a more gradual easing of production cuts next month.
New finance boss for MRDS
Drilling services firm MRDS Group, of Aberdeen, has hired a former Clydesdale Bank area director as its new finance chief.
Pros and cons of bioenergy
Priscilla Hall, Partner and Head of Green Energy at national law firm Clarke Willmott LLP, shares her thoughts on the advantages and disadvantages of bioenergy as the Government develops its green energy strategy.
Winners announced at the 2020 EIC Energy Supply Chain Awards
The Energy Industries Council (EIC) has announced the winners of the 2020 EIC Awards, with 13 companies sharing the top prizes in 12 categories, and one lucky Rising Star winning a scholarship worth £18,500 at the Robert Gordon University (RGU).
As the UK rises in the RECAI rankings, could its 10-point green plan catapult it to be a leader in the globe’s green recovery?
As light begins to appear at the end of the tunnel in the battle against the Coronavirus pandemic, it is now a time for governments worldwide to think deeply about a sustainable, green recovery plan. In the UK, a sign of intent to seize this enormous opportunity to build back better has been given with the announcement of a £12b plan for a ‘green industrial revolution’. The pledge comes with the UK already moving in the right direction jumping to 5th spot in EY’s latest Renewable Energy Country Attractive Index.
Objectors win fight to halt north-east wind and solar development
Plans for a new energy plant in the north-east which left hundreds of villagers “horrified” have been thrown-out by councillors.
GEG snaps up £14m-a-year recruitment firm Cammach Bryant for undisclosed sum
A Highland company headed by Global Energy Group (GEG) boss Roy MacGregor has acquired Aberdeen recruitment agency Cammach Bryant for an undisclosed sum.
Ten steps to a greener future?
Boris Johnson's Ten Point Plan for a Green Industrial Revolution sets out how the UK looks to "build back better" from the impact of coronavirus by creating green jobs and accelerating the transition to net zero emissions by 2050.
Chinese investors pledge further £300m to Peterhead green energy ‘village’
Chinese investors are willing to put a further £300 million towards the construction of a “visionary” renewable energy “village” near Peterhead, it has been claimed.
Is IoT the final piece in our green energy puzzle?
There’s no question about it – the world is going green. The transition to renewable energy has been in the works for a while, but the recent wildfires in the US and Australia coupled with a renewed focus on cleaner air due to the COVID-19 pandemic, has really focussed minds. But before we can comprehensively move away from fossil fuels and into a majority renewables energy market, we need to be able to truly understand the unpredictable nature of renewable energy generation to ensure a stable power supply – after all, the sun isn’t always shining! Could IoT (Internet of Things) be the key to moving forward with our green energy transition?
Oil firms prepared for Off-Payroll will reap a competitive edge
From April 2021, large and medium firms in the private sector that hire contractors will be responsible for determining their IR35 status rather than the contractors themselves as the Off-Payroll legislation takes effect. Whilst many oil firms will continue to hire contractors off-payroll, we are seeing some taking a risk-averse approach and issuing blanket bans on hiring contractors who work through their own personal service companies, insisting instead that they all go PAYE, either directly or via agency payroll.
North Sea firm Decipher to ‘maximise value’ of Orlando oilfield
Oil firm Decipher Energy hopes to sanction a project to “maximise the value” of the Orlando field in the northern North Sea early next year.
Schlumberger boss says Covid a ‘good test’ as end of Brexit transition period looms
A boss at Schlumberger has said Covid-19 was a “good test” for the oilfield service giant as it “braces” itself for the end of the Brexit transition period.
Shock over pulling of BiFab cash
The company that owns Burntisland Fabrications (BiFab) was "shocked" and "incredibly disappointed" when Scottish Government ministers pulled the plug on providing further financial support for the business, MSPs have been told.
How offshore operators can continue their support for men’s health after Movember
International SOS explores how a culture that promotes health and wellbeing will better protect your workforce
Repsol Sinopec updates supply chain on host of North Sea projects
Repsol Sinopec Resources UK (RSRUK) has lifted the lid on its plans for a host of North Sea production-boosting projects.
North Sea output holds up despite Covid, but really difficult year around the corner
North Sea firms are on track to produce roughly the same amount of oil and gas in 2020 as they did last year, despite the Covid-19 pandemic throwing up huge challenges, a new report reveals.
Our industry in crisis: weathering the storm
This has been quite a year for our industry, unlike any other I’ve known: a global pandemic triggering health and economic crises, continued geopolitical tensions and increasing wariness of what we do. It’s a lot to contend with.
Repsol Sinopec hands in decom plans, but offshore work years away
Repsol Sinopec Resources UK (RSRUK) has handed in decommissioning programmes for the Fulmar and Auk North fields to the UK Government.
BGF invests in software company favoured by North Sea oil firms
Growth capital investor BGF has completed a multimillion-pound investment in engineering information management software company Datum360.
AquaTerra invests £300k in upgrading inspection tools
North-east construction and engineering specialist AquaTerra Group has invested £300,000 in upgrading its patented AquaCLAM suite of inspection and repair tools in a move expected to open up new markets.
China harasses PTTEP’s exploration activity off Malaysia
The Chinese coast guard has been harassing a drilling rig contracted to Thailand’s PTTEP in Malaysian waters off Sarawak as the company attempts to appraise its biggest ever gas discovery.