Regulators are considering a “ScotWind”-type leasing round in the North Sea for wind projects to power oil and gas platforms.
North Sea operators are being warned against introducing further “bureaucracy” amid concerns it could make life even more difficult for the supply chain.
The United Kingdom is on a journey towards net zero emissions and it will take nothing less than a green industrial revolution to get us there.
CCS and offshore wind, a pair of key decarbonising technologies, are in “competition for space” in the North Sea causing a regulatory headache, according to an industry leader.
Heerema, owner of the world’s largest offshore crane vessels, has said squeezed prices have made a “very difficult business case” for the decommissioning market.
Oil and gas firms are being urged to welcome new decommissioning technologies with “open arms” in order to aid there development.
The outgoing boss of Decom North Sea (DNS) has said 2021 could be a “defining year” for the industry, but decommissioning “needs to pay its way”.