Reed & Mackay commits to energy sector with new tech and senior appointment
Reed & Mackay has announced plans to deliver further value to its client base within the Energy and Marine sector.
CCS
Carbon Capture Storage News
TotalEnergies’ profit drops less than expected on strong oil
TotalEnergies SE (LON:TTE) reported a smaller-than-expected drop in first-quarter profit as a resilient oil market partly offset lower gas prices.
New LNG tank at Isle of Grain clears way for more Qatari supplies
A project that will expand UK gas storage next year has been touted as a boon for Europe’s energy security. It’s also a substantial win for the small Gulf nation of Qatar.
UK competition watchdog launches inquiry into oil and gas seismic merger
The merging of seismic firms PGS and TGS hangs on UK competition watchdog approval after Norway gave the green light.
Danish helicopter operator Uni-Fly expands into offshore oil and gas flights
Danish helicopter firm Uni-Fly appears to be further expanding into offshore oil and gas operations with AW169 contracts in Spain and the Southern North Sea.
‘We see an opportunity’: Reach Subsea plans Aberdeen jobs surge
Reach Subsea is planning to double headcount and launch a new base in Aberdeen by the end of the year, operating as a hub for UK and international operations.
All CCS Posts
Carbon removal tech added to market in new UK ETS reforms
New reforms proposed for the UK’s emissions trading scheme (ETS) would see carbon-removing technologies added to the market, in a move aimed at boosting investment in the sector.
Bumi Armada enters UK carbon shipping JV alongside Navigator Holdings
Malaysian vessel owner Bumi Armada has struck a non-binding memorandum of understanding with Navigator Holdings to provide carbon shipping and injection solutions in the UK.
EnQuest pushes ahead with CCS and hydrogen transformation at Sullom Voe
The CCS and hydrogen process will require hundreds of millions of pounds of investment and is estimated to create nearly 200 new jobs over coming years.
CCS, offshore wind deadlock broken as BP removes objection to Orsted project
Energy giants BP (LON: BP) and Orsted (CPH: ORSTED) have made a major breakthrough in a dispute over a patch of land in the Southern North Sea.
Shell Capital Markets Day: Shareholder payout as oil giant cuts spending elsewhere
Shell (LON: SHEL) will increase its dividend per share by 15% in the second quarter of the year and reduce spending elsewhere as part of CEO Wael Sawan’s Capital Markets Day pitch in New York.
Halliburton awarded completions work for HyNet CCS project
The global services giant will provide equipment and support for the carbon sequestration scheme in Liverpool Bay, northwest England.
‘Exactly what Harbour Energy needs’: Talos deal would set merged firm up for growth
A deal makes sense for both Harbour and Talos Energy.
Podcast: ‘We will not hit our net zero targets,’ warns UK energy leader
There is a “groundswell” of energy industry opinion that the UK is going to miss its net zero emissions targets.
Dick Winchester: is CCS already redundant?
There are really two options for dealing with carbon emissions. You either avoid them by stopping the burning of hydrocarbons and using something else or, try to collect them as you produce them and hide them away somewhere in the hope they won’t escape. The latter being CCS - carbon capture and storage.
CCUS business models: Making money from collaring carbon
After years of discussion and disappointments, amongst them at least two false dawns, the UK’s carbon capture utilisation and storage (CCUS) industry is starting to fall into place.
‘Is there a bigger growth opportunity for the UK?’: NSTA on £200bn North Sea investment target
Stuart Payne, CEO of the NSTA, talks North Sea investment, whether electrification will hit the emissions mark, and inspiration from Teddy Roosevelt.
CNOOC Ltd launches Brazil project, offshore CCS
“The successful commissioning of the Enping 15-1 oilfield CCS demonstration project will strongly support the company’s efforts in increasing reserves and production and pursuing green and low-carbon development,” said CEO Zhou Xinhuai.
Risk of a leak? Then no permit, NSTA CCS boss tells conference
Concerns over whether offshore carbon stores will stay watertight for centuries to come were addressed at an industry event this week.
BP boss highlights ‘opportunity’ of CCS, offshore wind coexistence challenge
A carbon capture and storage (CCS) leader has challenged industry to find a solution to the energy sector’s looming coexistence puzzle.
‘Electrifying profits’ from SSE Thermal as hunt continues for CCS
SSE (LON:SSE) saw its thermal division – the utilities firm’s gas-fired power plant arm – triple its profits during 2022 as it brought on new generation and enjoyed higher power prices.
EnQuest confirms award of four CCS licences in Q2 update
EnQuest reported solid production performance for the year so far, and confirmed its allocation of four carbon storage licences in the UK’s first licensing round.
UK CCS licensing round: When will we know all the winners?
Just a fraction of those offered sites by the NSTA have come forward - and an offer made doesn't mean it will be accepted. We explore what those successful companies have to consider.
Who won offers in the UK CCS licensing round?
Energy Voice offers a rundown of the North Sea operators who have successfully bagged permits under the UK’s first ever carbon storage licensing round.
20 bids accepted in UK’s first ever CCS licence round
Twelve companies have secured a total of 20 licences as part of the UK’s first-ever carbon storage licensing round, spurring on development of several CCS clusters.
Chevron’s carbon capture flagship is stuck at one-third capacity
Chevron’s flagship carbon capture and storage project in Australia faces years of work to hit full capacity, underscoring the challenge of a technology seen as necessary to help the world hit climate goals.
Who’s bidding in the first ever UK CCS licensing round?
With awards rumoured to be on the way, we take a look at the companies who have announced public bids for acreage in the first UK CCS licensing round.
How can Aberdeen ensure its getting the best skills for the energy transition?
Aberdeen’s ongoing transition of decarbonising the oil and gas industry and investing in the development of sustainable green energies has the potential to inject new life into the city, restoring its position on the world stage as an economic powerhouse.
Abu Dhabi sets focus on tech and emissions, ahead of COP28
“Last year, developing economies received only 20% of clean tech investments. These economies represent 70% of the world's population – that's over 5 billion people,” Sultan Al Jaber said.
Yousaf slams UK Gov for ‘vague promises’ over CCS timetable
Scotland’s First Minister has taken aim at the UK Government over the lack of movement on carbon capture and storage (CCS).
Energy industry challenged to prove to public that CCS is not ‘greenwashing’
North Sea chiefs challenged industry to change public perceptions around carbon capture and storage (CCS) during an OEUK event in Aberdeen on Tuesday.
