Getting to net zero, producing oil and gas from the North Sea as we transition, and ensuring economic benefits for the UK don’t make an obvious trinity, and we are well aware of tensions.
The North Sea Transition Authority (NSTA) has pushed ahead with plans to require developers to electrify their oil and gas assets, with operators voicing concern it could drive away investment.
“If we get things right here, we can compete internationally,” says OEUK marketing intelligence manager Ross Dornan.
Aberdeen-based energy storage specialist Verlume has teamed up with Swedish vertical-axis wind turbine developer SeaTwirl to electrify offshore oil and gas assets and decarbonise the oil and gas industry.
Analysis from Global Witness shows Scotland’s renewable energy jobs grew 70% between 2015 and 2022, according to latest Office of National Statistics (ONS) estimates.
Still Wakes the Deep, a first-person ‘otherworldly horror’ video game set on a North Sea oil platform, will release on 18 June this year.
CEO of global controls technology company Proserv Davis Larssen has called on fellow energy sector partners and stakeholders to support his team’s mental health charity initiative.
New research suggests that decommissioned offshore structures would provide only limited long-term ecological benefits for marine life.
The European Union continues to race towards a sustainable future, competing most closely against North America and Asia to become the world's first climate-neutral continent by 2050.
Italian energy company Eni has welcomed the UK’s decision to grant a Development Consent Order (DCO) for the HyNet North West CO2 pipeline.
Equinor President and Chief Executive Officer Anders Opedal earned just over $1.9m in 2023.
Shetland-based consultancy and engineering services company Voar will merge with Norway’s Inkster Marine under a new deal.
Oceaneering International has signed a strategic collaboration agreement with Aberdeen-based Global Design Innovation (GDi).
China’s Sinochem Group has purchased one of the first crude cargoes that will be shipped through a new Canadian pipeline that’s designed to move more oil from landlocked Alberta to the Pacific Coast for export.
OEG Renewables business Hughes Subsea will undertake unexploded ordnance (UXO) identification and clearance for ScottishPower Renewables’ 1.4GW East Anglia Three offshore wind farm.
Hibiscus Petroleum and Ping UK have been granted an extension on their time to develop the 75m-barrel Fyne oilfield in the central North Sea.
Sulmara will perform site characterisation for Orsted, BlueFloat Energy and Renantis’ 1GW Stormar floating offshore wind farm in Scotland.
