Triton FPSO downtime weighs on Serica Energy’s 2024 results
Serica Energy’s 2024 results have been weighed down by ongoing issues on the Triton floating production offloading and storage (FPSO) vessel.
Green Nation scales back Whitestone solar farm plans
UK solar developer Green Nation has scaled back its plans for the Whitestone solar farm in South Yorkshire, Northeast England.
Xlinks warns UK solar and cable project could move abroad
A lack of commitment from the UK government for a major UK-Morocco power project could send the project overseas, Xlinks chairman Dave Lewis has warned.
Blueprint revealed to save North Sea industry and secure Aberdeen’s future
A new blueprint to save the North Sea as an industrial base for the future warns the window of opportunity is “closing fast”.
The North Sea: A critical crossroads for UK energy and economic future
The North Sea has long been the backbone of Britain's energy security and economic prosperity.
EnergyPathways pushes to win stakeholder support for MESH
EnergyPathways has published an update as it pushes to engage with stakeholders on its proposed Marram Energy Storage Hub (MESH) project in the UK Irish Sea off the coast of Northwest England.
Hunting brings in $38m subsea contract haul
Precision engineering group Hunting has added three fresh contracts worth around $38 million to its subsea technologies sales order book.
Power Moves: Viaro’s head of transition to operatorship and more
Jillian Owen has been brought on as the head of transition to operatorship at Viaro Energy.
Swiss engineering firm chooses Aberdeen for first UK base
Swiss technology and engineering firm Rosenxt is to open its first UK office in Aberdeen.
Scotland generated record amount of renewable electricity in 2024
Scotland generated a record amount of energy from renewables last year - with data also showing the electricity generated north of the border helped power the rest of the UK.
Ashtead Technology sees “no shortage” of M&A opportunities
Aberdeen’s Ashtead Technology sees ample opportunities to drive its campaign of mergers and acquisitions (M&A) in the near future.
Salamander receives onshore planning permission
The Salamander floating offshore wind farm celebrated having received planning permission in principle for its onshore works in "record time" .
Shell joins $700m investment in Norway’s Northern Lights CCS
The developers of Norway’s Northern Lights carbon transport and storage project have taken a final investment decision (FID) on phase two of the development.
Ashtead Technology sees 2024 revenues grow on the back of M&A strategy
Aberdeen’s Ashtead Technology saw revenue growth of 52% for 2024, driven largely by the company’s mergers and acquisitions strategy.
Ithaca expands Seagull holding with JAPEX UK purchase
Ithaca Energy has acquired JAPEX UK (JUK) from its parent company, gaining the company’s 15% interest in the Seagull oil field.
Swinney attacks ‘utterly irresponsible’ and ‘ludicrous’ Tory net zero U-turn
John Swinney has attacked the Tories' "utterly irresponsible" and "ludicrous" U-turn on net zero as he stressed the need for consensus on climate action.
North Sea could produce half of all UK oil and gas in run up to 2050 – report
The North Sea could produce about half of the oil and gas the UK will need in the run up to 2050 - but only if new projects can be developed, industry chiefs have said.
Battle lines drawn on zonal pricing
The debate over whether the UK should adopt zonal pricing has heated up, with utilities Octopus Energy and Ecotricity making statements for and against the initiative.
Wood extends deadline for Sidara to make firm takeover bid
Aberdeen-based oil services group Wood has extended negotiations with Dubai-based Sidara to take over the company.
Power Moves: New renewables managing director for PX Group and more
Tracy Wilson-Long has been appointed to Teesside-based PX Group as its new managing director for power and renewables.
Net zero cannot be ‘in isolation’ from fossil fuels, industry chief to say
The drive for net zero cannot be "in isolation from the hydrocarbon sector", the head of the CBI (Confederation of British Industry) will say today.
Petrofac share trading to be temporarily suspended from May
Trading in the Petrofac’s shares will be temporarily suspended from 1 May 2025 after the company decided to defer publishing its audited annual results for 2024 as it pushes on with a planned restructuring.
UK approves Iberdrola’s purchase of Electricity North West
Iberdrola has received permission from the UK Competition and Markets Authority (CMA) to acquire a majority share in Electricity North West (ENW).
GB Energy shouldn’t be sold as ‘saviour’ to oil and gas industry, says union chief
GB Energy won't create enough new green jobs at scale to replace those potentially being lost in oil and gas, a union boss has claimed.
New Ofgem rules aim to unlock £4bn of grid investment
Ofgem will grant the UK’s electricity transmission owners with early access to almost £4 billion of grid investment for equipment and services.