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Addleshaw Goddard

Renewables/Energy Transition

The Energy Transition is coming – And Africa is losing out (again)

Only two years ago, Africa seemed set to become the world's next major producer of oil and gas. International companies were scrambling to win exploration rights in frontier markets in West Africa; countries in North Africa were excited about new discoveries in the Mediterranean Sea; and natural gas was identified as a long-term transitional energy source, creating new opportunities for low-income nations such as Tanzania and Mozambique.

Middle East

The potential of hydrogen in the Gulf States

Although key barriers remain, the worldwide potential of hydrogen is vast. Some estimate an investment pipeline of $300 billion, with hydrogen possibly supplying 18% of global energy by 2050. The Gulf States are particularly well placed to capitalise as producers and exporters of clean hydrogen.

Opinion

North Sea Transition Deal: watch out for the sting in the tail

The North Sea Transition deal, announced on March 24, has given industry a clear statement of intent for the coming decade and beyond, but the energy sector would do well to prepare itself for the inevitable legal and regulatory consequences that follow.

Opinion

Collaboration the key to a successful UK decommissioning industry

It’s around this time of year that Oil and Gas UK releases its eagerly-awaited annual Decommissioning Insight report. The study was first launched to enhance knowledge of the decommissioning market. It shows an industry with intellectual capability that needs to be shared to maintain competitiveness and efficiency.

Opinion

Net zero by 2050 and climate change

The European Union is committed to achieving net-zero emissions by 2050. To support this, Brussels plans to create a €225 billion green bond as part of a shift towards cleaner economies.

Promoted

Sustainability and Covid-19

People questioning the oil and gas industry’s sustainability is not a new phenomenon. Far from it. For years oil companies, governments, investors and other stakeholders have questioned the sustainability of the industry and the need to address environmental, social and governance issues (ESG).

Opinion

Fiscal relief for upstream oil companies: what should governments consider?

The current collapse in the price of crude oil is the most extreme so far this century. It has already had significant impact on the oil industry, leading to some declarations of force majeure (examples include licenses and contracts in Iraq and the Gulf of Thailand). The question we address here is: what will the impact be on upstream producing countries? And more specifically, how should upstream countries react if companies approach them for fiscal concessions, citing marginal economics?

Opinion

Breathing room for struggling businesses

Since the onset of the Covid-19 outbreak and oil price crash, huge amounts of pressure have been heaped on directors of oilfield service (OFS) businesses.

Coronavirus

The new ‘F-word’ in the energy sector

The Energy industry has taken another battering. But unlike previous economic hurricanes, this time within weeks centrally funded support was made available in the form of furlough leave and pay.

Oil & Gas

AI vs data privacy: OGTC flagship event goes online

The Oil & Gas Technology Centre (OGTC) will launch the first of its Tech20 Virtual series with ‘Artificial Intelligence vs Data Privacy: a 21st century David and Goliath story’, taking place Friday 3 April, 11:00-12:00 GMT.