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Bmi Regional sees bookings jump for Offshore Europe week

25/08/2015

Airline Bmi Regional reports a surge in bookings on its Aberdeen routes as the city prepares to host Offshore Europe (OE) 2015 from September 8-11. The carrier, which has its headquarters functions split between Aberdeen and East Midlands Airport, said yesterday it had seen a 25% increase in sales for its Oslo, Esbjerg, Norwich and Bristol routes into Aberdeen for the week of the big oil and gas industry exhibition and conference.

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British oil worker held hostage in Yemen freed in UAE operation

24/08/2015

A Briton held hostage in Yemen for around 18 months is reportedly set to return to the UK after being freed. The man, named by the United Arab Emirate’s state news agency as Robert Douglas Semple, 64, was released in a military intelligence operation by the Middle Eastern country’s forces. He had reportedly been working as an engineer when he was kidnapped in February last year by al Qaida.

Oil & Gas

Santos chief exec Knox to step down as oil price slump prompts review

21/08/2015

Santos Ltd. Chief Executive Officer David Knox will step down after seven years in the role as the Australian oil producer reviews its options amid a plunge in crude prices, the company said Friday. Knox will depart once a successor has been named, the Adelaide-based company said in a statement after reporting an 82 percent drop in first-half profit. The slide in oil prices has put pressure on Santos as the company prepares to start its $18.5 billion liquefied natural gas project in Queensland state. The Australian energy producer has cut spending and jobs while flagging the possibility of asset sales as it copes with the oil market downturn. Santos shares have fallen 62 percent in the last year.

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ETI in partnership bid for carbon capture study

19/08/2015

The Energy Technologies Institute (ETI) is seeking partners for a project to study the impact of removing brine from under-sea stores which could be used to house captured carbon. The project will produce a cost-benefit analysis of brine production, using the CO2Stored database and models developed in the ETI’s UK Storage appraisal project as a starting point. Analysis will cover both saline aquifers and oil and gas reservoirs.

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Amec Foster Wheeler wins South Korea power plant contract

19/08/2015

Amec Foster Wheeler has been awarded a contract by Hanwha Energy for the design and supply of a steam generator for a new power plant in South Korea. The win comes just a day after the company announced it had entered in an extension on the UZ750 project on one of the Gulf’s largest oil fields. Amec Foster Wheeler said under the contract it will design and supply the 100 MWe steam generator for the power plant’s boiler island and provide onsite technical advisory services.

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Solar panels installed at schools in village at centre of fracking protests

19/08/2015

The village of Balcombe which was at the centre of protests against fracking has moved a step towards of becoming self-sufficient through renewable energy with the installation of solar panels at two schools. More than 50 local investors have helped pay for the panels which are being put up at Balcombe Primary School and Turners Hill School following a pilot scheme which saw 69 panels installed on a cowshed at Grange Farm. The village is also aiming to install a 5MW solar farm at nearby Chiddinglye Farm, West Hoathly, which would mean enough electricity produced to supply both Balcombe and West Hoathly.

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Clinton parts with Obama administration on Arctic drilling

18/08/2015

U.S. Democratic presidential candidate Hillary Clinton on Tuesday staked out her opposition to Arctic oil exploration, putting her at odds with the Obama administration one day after it approved drilling off Alaska. "The Arctic is a unique treasure," Clinton said in a Twitter post. "Given what we know, it's not worth the risk of drilling." On Monday, the Obama administration gave Royal Dutch Shell final approval to resume drilling into the oil zone off northern Alaska for the first time since 2012.

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Green Energy Centre could put St Andrews University at ‘cutting edge’

18/08/2015

A new £25 million green energy centre at St Andrews University will put the institution at the “cutting-edge” of environmentally-friendly technology, according to a Scotland Office minister. The project will create 225 jobs and it is hoped the site at Guardbridge will help regenerate part of north-east Fife, with apprenticeships and opportunities in the construction of the centre. The scheme is part of a drive by St Andrews to become the UK’s first carbon-neutral university. The biomass facility will use only virgin roundwood, locally sourced from forests, and hot water from the plant will be pumped underground to heat and cool laboratories and student residences in St Andrews.

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EPA moves to reduce emissions in the oil and gas sector

18/08/2015

The US Environmental Protection Agency (EPA) is expected to propose regulations which will be aimed at reducing methane emissions by between 40 and 45% from the oil and gas sector over the next decade. The move is part of a wider strategy in place which is looking to reduce both greenhouse gases as well as combating climate change.

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