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CMS

Opinion

Energy cost crisis likely to fuel climate activism

A judicial review decision in Scotland’s Court of Session over the summer provides further evidence of a growing wave of post-COP26 challenges to governments over their commitment in delivering on net zero pledges.

Europe

Energy Transition: a commentary from Norway

For the last few decades the ONS conference in Stavanger has focused on the energy industry’s direction from the perspective of North Sea exploration and production business – this year, ONS 2022 will focus mainly on energy transition.

Opinion

UK Windfall tax: a closer look

It is expected that the legislation introducing the new energy profits levy – better known as the windfall tax – will pass through parliament later this month, before taking effect from when it was originally announced 26 May.

CCS

The energy trilemma – the role of CCS and hydrogen

The energy trilemma: mentioned in almost every session at last month’s OEUK Industry Conference held in Aberdeen, the balancing act between security & reliability of supply, affordability and sustainability is clearly at the forefront of industry considerations today.

Opinion

Legal implications of the Russian invasion of Ukraine for the oil and gas sector

Before any discussion of how the invasion of Ukraine by Russia is impacting our sector, we must first acknowledge the devastating effects on the people of Ukraine of the indiscriminate shelling of civilian targets, the war crimes being perpetrated by Russian troops and the massive displacement of the population both within and beyond Ukraine, which is something most of us have never seen in Europe in our lifetimes, as well as the enormous courage and resilience of the Ukrainian nation. 

North Sea

National security and oil industry mergers

The war in Ukraine has caused many businesses to rapidly reassess projects in Russia, involving Russian nationals with ties to the Kremlin or the importation of Russian goods. This may stem from an ethical or reputational perspective, or to ensure compliance with sanctions.

Opinion

Legislative reform benefits Nigerian oil investment

Nigeria is the largest economy in Africa, with the government highly dependent on oil revenues. As such, Nigerian National Petroleum Corporation (NNPC) is crucial to the country and the state.

Opinion

Contracting offshore wind – market leaders or market followers?

It’s been 20 years since Ørsted (at that time called Dong Energy, and very much a major oil & gas company) commissioned Vindeby in Denmark, which was the world’s first offshore wind farm. It took another 10 years from this modest start (5MW, powering just 2,200 homes) for the offshore wind industry to really start to take off.

Opinion

CMS: Hydrogen emerging as key post-COP26 solution

There were some welcome developments during COP26, not least the deal announced between the US and China to work together to limit global temperature rises to 1.5C, in line with the 2015 Paris Agreement.

Opinion

Decommissioning – the state of play

If anyone needed any evidence that decommissioning is accelerating they need only look at the BEIS table of approved decommissioning programmes.

Opinion

Oil and gas under the spotlight

As we approach the COP26 Climate Conference which begins in Glasgow on 31st October, it feels as if the oil and gas industry has never been more in the political spotlight.

Opinion

The OGA flexes its muscles

Would you have guessed that the OGA has already been with us for six years? The extensive powers it was given in the Energy Act 2016 have been in force for nearly five years: those include the ability to impose sanctions on companies for breaching a licence or their obligations under that act, or for failing to comply with the OGA Strategy.

Opinion

Sea battles

We think of the sea as being a large empty space but the energy transition is changing the UK’s seascape radically.

Opinion

The future of health and safety in the energy transition

There is no doubt that the UK’s energy market is changing rapidly. In 2020, renewable energy accounted for 43% of the UK’s electricity generation. For the first time, clean power generated more electricity than fossil fuels.

UK

Is hydrogen the future for Scotland?

Hydrogen is a trending topic in any discussion of the energy transition. Blue hydrogen (from methane) is viewed as a potential transition fuel as we move to a low carbon economy. The OGA strategy which came into force in February requires licensees to ensure that technologies are deployed to enable hydrogen supply projects to be developed. But what would hydrogen be used for and is there a market for it?

Opinion

Looking back to move forward – where next for HSE?

Last month’s OGUK HSE Conference was inevitably going to involve discussions on Covid. It is inevitable, but also incredible, to reflect on how fast the industry adapted and worked together to manage the pandemic.