Westwood Global – Price of Direct Air Capture could make it a ‘non-starter’
An emissions busting technology that is being backed by several large oil and gas firms could be a “non-starter” in the short term, according to researchers.
Equinor
ScotWind organisers face tough task to differentiate bids, says renewables expert
The organiser of ScotWind faces a selection headache as it tries to decide whether an offshore wind bid should be given the green light or not.
‘Highly profitable’ Troll Phase 3 starts up for Equinor
Troll Phase 3, deemed “one of the most profitable projects” in Equinor history, has started up off Norway.
Oil giants brace for tropical storm Ida
Tropical Storm Ida has formed in the Caribbean and is forecast to a grow into a powerful hurricane in the days ahead, wreaking havoc across the Gulf of Mexico and ultimately crashing into the US coast.
State oil companies take first ungainly steps toward climate neutrality
Petroleos Mexicanos left investors with more questions than answers after it announced in late July that it would be disclosing its greenhouse gas emissions on a more regular basis — then refused to discuss why they’d soared by double-digits from April to June, compared to a year ago.
Shetland substation in talks to supply green energy to North Sea oilfields
North Sea oil and gas fields could one day receive green power from a huge substation, currently under construction in Shetland.
Industry chiefs set out future for US energy transition during Energy Voice event
Jobs, financing and green technology in the US were all topics of hot debate during Energy Voice’s New Energy Opportunities (NEO) event yesterday.
TotalEnergies eyes stake in giant North Sea wind farm
TotalEnergies SE is weighing taking a stake in what will be the world’s largest offshore wind farm, according to people familiar with the matter, as the French oil major continues to flex its green credentials.
Sea battles
We think of the sea as being a large empty space but the energy transition is changing the UK’s seascape radically.
TotalEnergies, Equinor exit Venezuela venture amid foreign exodus
French oil company TotalEnergies and Norway’s Equinor decided to quit a key venture in Venezuela, adding to an exodus of foreign firms in recent years as the country’s energy industry has withered.
Equinor to trial safe fishing within floating wind farm off coast of Aberdeenshire
Equinor has launched a study to better understand how fishers can safely operate around and within floating offshore wind farms.
Fast finish doesn’t bode well for Equinor-BP Tiger Lily exploration well
Westwood Global Energy reports that as of June 28 there were two appraisal wells active in the UK. Completions to date in 2021 are one appraisal well at 22/26d-3 Glengorm South and two exploration wells at 22/6c-B4Z Bacchus South and 16/2a-6 Tiger Lily.
Norway records seven commercial discoveries in year to date
Westwood Global Energy reports that there were two exploration and one appraisal wells active as of July 28. Key wells in July include frontier play tests at Stovegolvet and Stangnestind, both of which completed. A total of 17 exploration wells have completed to date in 2021, from which seven commercial discoveries have been made giving a 41% commercial success rate to date.
North Sea EPC spend to top £2.8bn in 2021, about £1.8bn still to come – Westwood Global
North Sea engineering, procurement and construction (EPC) contract awards are anticipated to total more than $4 billion (£2.8bn) in 2021.
High stakes, frontier exploration, Australia’s Bight had it all
Earlier this month Murphy Oil joined a long list of explorers, which includes BP, Equinor, Chevron, Karoon Energy, Bight Petroleum, and their joint venture partners, that have now exited and passed over the opportunity to unlock the Great Australian Bight.
Riding on wave of confidence, Longboat targets more acquisitions
Bosses at Longboat Energy say they will harness the higher levels of interest being shown in the business to clinch more acquisitions.
Shell, Equinor, RWE and Gasunie to push ahead with plans for offshore hydrogen park
Shell, Equinor, RWE and Gasunie are to push ahead with plans for a large-scale offshore hydrogen park off the coast of Germany.
Blown away: ‘Major interest’ in ScotWind leasing round with more than 70 bids made
More than 70 bids have been made by companies for the ScotWind offshore leasing round, showing the country’s “scale of potential” for wind development.
Low-carbon energy to create 20,000 north-east jobs in next decade
Low-carbon energy projects in the north-east could create up to 20,600 jobs in the next ten years, a new report has predicted.
Equinor continues floating wind expansion with new partnership
Equinor is continuing to expand its floating offshore wind operations with plans to roll out the technology in France.
Climate talk overtakes ‘growth’ on fossil fuel conference calls
The world’s biggest oil and gas companies are more likely to talk to Wall Street about emissions than how their businesses might grow.
px Group and Cerulean eye green hydrogen partnership
Industrial facilities operator px Group has agreed to join forces with Cerulean Winds for the development of three onshore green hydrogen production sites in the UK.
SSE and Equinor designing ‘world-leading’ hydrogen storage facility
SSE and Equinor are developing plans for what would be one of the world’s largest hydrogen storage facilities.
Updated: First day on AIM market for Orcadian Energy, firm shares plans to install floating turbine at Pilot field
North Sea firm Orcadian Energy has enjoyed a strong first morning on the London Stock Exchange, raising £3 million.
Aberdeen’s Ardyne extends well decommissioning technology partnership with Equinor
Aberdeen-headquartered energy services firm Ardyne has agreed a second joint industry project with Norwegian giant Equinor.