Nigerian electricity companies are short of an estimated 2 trillion naira ($2.5 billion) in capital and need new investors to revive the industry that can barely supply power to its 200 million residents.
By Christine McGregor, Managing Director at BayWa r.e. UK
There is undoubtedly a worldwide transition towards renewable energy underway, with global additions of renewable power capacity expected to jump by a third this year.
By Legal director Suzanne Caveney, partner Julia Woodward-Carlton, and associate Emily Beighton at Eversheds Sutherland
Recent warnings from the UK’s competition watchdog shows why the energy industry should be more careful than ever when sharing information and experiences with each other.
The UK government has made several serious commitments towards the country’s quest for energy independence. In addition to issuing hundreds of new North Sea oil and gas licences this past summer and more to come this autumn, the country also continues its renewables strategy, albeit acknowledging that by 2050 a quarter of UK’s energy needs will still come from oil and gas.
By TLT legal director Stuart Urquhart and partner Matthew Grimwood
In August 2021, the government published its UK Hydrogen Strategy which mapped out plans to achieve its hydrogen production ambition of 5GW per year by 2030. Less than a year later, it doubled this target to 10GW, with at least half of this from electrolytic hydrogen (green hydrogen).
By David McEwing, co-head of energy practice at Addleshaw Goddard
Offshore Europe’s 50 year anniversary is an occasion to celebrate the huge success the energy industry has brought to Aberdeen and Northeast Scotland over the past five decades.
Pipeline engineering specialist STATS Group (STATS) has signed an exclusive supply agreement for its products and services with Malaysia’s E&P O&M Services (EPOMS).
By Iain K Clark Solicitor Advocate and Partner, Head of International Arbitration at Gilson Gray
A review of the recent Energy Transition Survey Report by AGCC, KPMG and ETZ finds that sector confidence in the UKCS has dropped sharply, falling from +36 last April to -37 now. At the same time, confidence “remains high in terms of international work” and has even risen slightly since September 2022.
Decarbonisation is one of the biggest challenges of our time, and for the UK offshore energy sector, reducing emissions is also one of the biggest opportunities for growth.
In business, there is a big demand to make the workplace more sustainable as we strive towards net zero targets. For some, this could mean refitting an older office block to bring it up to legislation standards. For others, it will involve relocating to new-build premises.
An innovative web-based technology system for the management of corrosion is spearheading positive disruption in asset survey and inspection, thanks to growth driven by innovative solutions founded in simplicity and scalability.
Offshore Energies UK will host its first dedicated event on carbon capture and storage (CCS) next month, as it looks at next steps for the emergent sector.
Buyout firm KKR & Co. has sold all its stake in Weststar Aviation Services, marking its full exit from the Malaysian helicopter services company after a decade.
By Phil Muir, Group Consultancy & Design Director, Space
Sustainability ranks alongside office attendance as the main topic of discussion in the workplace sector right now. Bringing older, inefficient buildings up to scratch is not just a nice-to-have, it is a necessity as we seek to meet the Scottish Government’s ambitious carbon reduction targets.
By Dr Phil Bryson, Medical Director of Diving Services, International SOS
Commercial saturation diving, where divers live for up to a month under pressure in a specialised chamber system, is not a role in itself; diving is a method of getting people to a work site, principally for underwater construction, and keeping them alive underwater.
UnitedHealthcare Global has remained steadfast in its commitment to help people live healthier lives while supporting the well-being of clients through a holistic approach to health benefits and services.