Worley, ABB win North Dakota GTL work
The $2.8 billion plant will also be equipped with carbon capture and storage (CCS).
Renewables/Energy Transition
Government must transform UK ports to boost floating offshore wind, report says
The Government needs to transform up to 11 ports around the UK to enable the roll-out of floating offshore wind at scale, according to a new report.
Equinor cuts ribbon on Dogger Bank O&M base
A ceremony was held in North East England yesterday to mark the official opening of the O&M base for what will be the world’s largest offshore wind farm.
What is Carbon Capture Utilisation and Storage?
One area of the energy sector that everyone will be looking at following today’s budget is carbon capture utilisation and storage, however, what does that mean?
Fund it or lose it: Chancellor’s £20 billion ‘only half’ of what is needed to capture and store UK carbon – Ineos
Chancellor Jeremy Hunt’s pledge to invest £20 billion in carbon capture technology over the next two decades is only half of what is needed to ensure the UK meets targets on polluting emissions.
Timeline: Acorn CCS’ long road towards mighty oak
The path has not run smooth for the north east’s Acorn CCS project, however new funding commitments in the Spring Budget may finally see the pioneering plans take root.
New plans revealed for Ardersier Port include McDermotts heritage centre
A new heritage centre and cafe are being planned for Ardersier Port to create a new entrance and mark its history as an oil yard.
Technology focus helps grow Petronas capex
Petronas will also be upgrading its rig capabilities as well as providing third party drilling services for other companies over the next three years, the firm said in its recent outlook.
‘Fast and furious action’ needed to deliver ‘extraordinary’ energy transition, says Wood boss
The chief executive of Wood (LON: WG) has delivered a rallying cry for the industry to deliver an “extraordinary”, and swift, energy transition.
EY in Aberdeen: Tax expert Derek Leith to step down after nearly 30 years
One of the north-east energy sector’s top tax experts is heading for the exit door at EY after nearly three decades at the global professional services giant.
Equinor picks tech provider for H2H Saltend low-carbon hydrogen project
A decision has been made on the decarbonisation equipment that will form the backbone of a major low-carbon hydrogen project.
Red Rocket orders Vestas turbines for Cape projects
The government made the Round 5 awards in October 2021. Red Rocket reached financial close on the plans in November 2022. Absa and Standard Bank were mandated lead arrangers for the project financing.
Goldman sees China nearly tripling its target for wind and solar
China is likely to install nearly three times more wind turbines and solar panels by 2030 than it’s current target, helping drive the world’s biggest fuel importer toward energy self-sufficiency, according to Goldman Sachs Group.
UK must learn ‘urgent lessons’ to avoid losing global green race, says thinktank
The UK is being left behind in the race to develop and deploy green technologies because of an unwillingness to invest in its industrial strategy, a leading thinktank has said.
Offshore wind farm logistics risk becoming a quayside carpark
HLP believes project developers will struggle to meet demand based on current logistics practices and equipment provision.
Watch: Construction begins on ‘world first’ H100 project in Fife
Gas distribution company SGN has begun construction on its H100 project’s hydrogen homes demonstration facility in fife.
Chevron, Jera build CCS plans on LNG roots
“[Jera] are interested in whether there is a way to drop products such as hydrogen and ammonia into the LNG value chain,” said Jeff Gustavson, president of Chevron New Energies.
Total walks away from HyEnergy, but keeps eyes on Western Australia
Total Eren has left a partnership to develop the HyEnergy scheme but will continue with plans to build gigawatts of green hydrogen capacity across the country.
Fugro, Ocean Infinity bag contracts for Ossian offshore wind
Two major marine contractors have secured work providing geotechnical investigations at the site of the Ossian floating wind farm off Scotland’s east coast.
Chancellor vows £1bn per year support for carbon capture
Chancellor Jeremy Hunt vowed to commit £20bn to carbon capture technology over the next two decades, alongside new support for small modular nuclear reactors (SMRs).
Move Net Zero Department to Aberdeen, Chamber asks Hunt
Aberdeen business leaders called for a revised city region deal and for the UK’s energy department to be moved to the north east, in a series of asks ahead of the Chancellor’s Spring Budget on Wednesday.
Wales gives green light to first floating wind project
The Welsh Government has granted consent for Wales’ first floating windfarm, Erebus, with high hopes the project will secure a CfD as part of the 2023 procurement round.
Abu Dhabi bank first out of the blocks to target emissions
FAB is aiming to reduce scope one to three emissions in the oil and gas sector by 7 to 15% by 2030, from a 2021 baseline.
Planet-saving wind farms fall victim to global inflation fight
Off the coast of New England, winds whip over the frigid Atlantic Ocean creating perfect conditions for giant offshore turbines. While plans are in place to tap that natural power to generate electricity, progress — here and around the world — is being held up by soaring inflation.
Evolution and collaboration driving geothermal forwards
This is an opportunity missed. Geothermal avoids the intermittency challenges that solar and wind power bring. However, “it's very regional, it's very cost intensive up front and the [return on investment] is a bit extended. However, once successfully online, it’s is good to go.”