BP loses offshore wind vice president after reducing investment
BP’s senior vice president for offshore wind, Matthias Bausenwein, will depart the oil and gas company following a carve-out of its offshore wind operations.
BP’s senior vice president for offshore wind, Matthias Bausenwein, will depart the oil and gas company following a carve-out of its offshore wind operations.
The Crown Estate (TCE) has allocated nearly £5 million in funding to 13 British offshore wind supply chain firms advancing projects near the Celtic Sea.
The UK’s first ever carbon storage permit has been awarded to BP, TotalEnergies and Equinor’s joint venture project, the Northern Endurance Partnership (NEP).
The UK and US governments will invest £40.5 million in a joint project aimed at commercialising nuclear fusion energy.
SSE (LON:SSE) and Siemens Energy (FWB:ENR) have launched a new collaboration, Mission H2 Power, aimed at developing gas turbine technology capable of running on 100% hydrogen.
Engineering technology group Time To ACT (TTA: AQSE) is testing a "breakthough" generator design which it says is causing the "highest level of excitement" in the offshore wind industry.
British Gas owner Centrica (LON:CSA) is on track to meet full year expectations despite predicting a loss at its storage business which includes the UK's strategic North Sea gas store, Rough.
Private equity firm Star Capital has taken a majority stake in Aberdeen-based Subsea Technology and Rentals (STR) in a multi-million pound deal.
Decommissioning of a disused oil platform at the UK's largest gas storage facility, run by Centrica at the depleted Rough gas field off the Yorkshire coast, suggests there's no turning back from plans to redevelop the field to store hydrogen.
Aberdeen-based JCE Energy has provided Aker BP with a modular solar system to provide power during construction of an unmanned installation (UI).
BP plans to carve out its offshore wind assets as part of a joint venture with Japan’s largest power generation company, as oil supermajors move to insulate themselves from share price shocks associated with their low-carbon investments.
Aberdeen headquartered service company Wood (LON:WG) has picked up a contract with EnergyPathways (LON:EPP) for engineering work on its Marram Energy Storage Hub (MESH) project.
Petrofac (LON:PFC) has confirmed that 27 workers onboard the Irish Sea Pioneer in Liverpool Bay were evacuated over the weekend ahead of Storm Darragh.
Aberdeen's Proserv has secured a deal to provide its "game-changing" cable monitoring system on the next phase of what is set to be the world's biggest offshore wind farm.
The UK’s energy secretary said modular reactors could fuel a “fourth industrial revolution”, with recent interest in the sector “supercharged by the rise of AI”.
A Highland clean power scheme for rural homes has taken the top prize at the annual Scottish Green Energy Awards.
Allocation Round (AR) 7 may be delayed as a result of various local content equirements, analysts from Cornwall Insight have warned.
In our exclusive interview, Energy Voice spoke to Xlinks chief executive James Humfrey to discuss the scope and hurdles facing the nascent renewables megaproject.
Prime Minister Keir Starmer has diluted the wording of the UK’s clean power mission from achieving 100%, to a new goal to deliver “at least 95%”, clean energy by the end of the decade.
BlueFloat Energy and Nadara have brought in Arup to assess emerging technologies necessary to deliver their Sinclair and Scaraben floating offshore wind farms.
The Energy Institute said that the industry is “clear” that the government’s goal of meeting targets to use entirely clean power by the end of the decade “faces considerable hurdles”.
Despite mounting pressures to clean up its act, Big Oil is in reality showing little sign of doing so with genuine commitment and, if anything, is regressing by returning to its core business of finding and producing oil, gas and condensate.
Sustainable finance could deliver a premium as banks retrench from fossil fuels: ING expects greater clarity on energy transition finance next year.
The Scottish government has announced plans to treble its investment in offshore wind to £150 million in 2025, finance secretary Shona Robison announced in Wednesday's budget.
The former head of the UK's biggest oil and gas trade body Malcom Webb claims the achievement of UK net zero is a 'delusion' and will have 'no meaningful impact at the global level'.