The deep and fundamental impact Covid-19 is having on the global economy is unprecedented, however, the shared global conviction to recover will be fast, and we expect that businesses which can pick up where they left off when things are safe will do so quickly.
Norwegian energy giant Equinor has received the go-ahead for its plans to build a floating wind farm able to power oil and gas installations in the Northern North Sea.
Oilfield services firm Subsea 7 has announced a multi-million pound deal for a North Sea German offshore wind project.
The Crown Estate Scotland has announced it will use a multi-million investment to increase the scale of commercial offshore wind leasing in the North Sea.
The world’s biggest developer of offshore wind farms is weighing nearly $13 billion worth of projects in Taiwan, saying that so far the coronavirus outbreak hasn’t shifted its optimism about the region.
The spread of Covid-19 presents “a crisis unlike anything the market has ever seen” for the wind power sector, according to a top energy research firm.
Scotland currently has no target to increase the percentage of black, Asian and minority ethnic (BAME) workers in the country’s offshore wind sector.
An “interesting marriage” between North Sea oil majors and offshore wind companies is imminent and could electrify the basin, according to the man leading the charge in the north-east.
A new £2 million innovation technology challenge has been launched to ensure future wind farms will not affect the UK’s Air Defence radar system.
Offshore wind project manager, Jamie Dempster, conceded yesterday that there could be delays to offshore wind farm projects in Scotland in the wake of the coronavirus outbreak.
A predicted boom in North Sea offshore wind jobs has been branded “a pipe dream” by union bosses after the Scottish Government admitted that it only uses “estimates” of current employment figures in the sector.
Subsea engineering group Tekmar has been forced to rollback its hopes of “record” revenues in 2020 due to the effects of the coronavirus.
A new clean energy electricity tariff from ScottishPower can "speed up the drive" to net zero, according to the firm's chief executive.
China's energy market could be badly hit as the coronavirus has halted production on the countries wind turbine installations, according to Wood MacKenzie (WoodMac).
The UK is set to lead a watershed year for the construction of steel offshore wind turbine jackets, according to Rystad Energy.
The current Secretary of State for Scotland has faced a backlash after he described the foreign construction of offshore wind turbines for Scottish projects as "the market economy at work".
Offshore wind jackets manufactured by UK firms costs around £40 million more than their foreign counterparts, according to a new fabrication report.
Hundreds of thousands of people will need to be recruited into the energy sector to reach the goal to cut emissions to net zero by 2050, a report for National Grid shows.
An Aberdeen-headquartered firm has announced it has formed a new wind analysis team to support both onshore and offshore wind developers.
Mammoth Highland offshore wind farms are footing a bill of around £20 million more per year than English projects to connect to the grid, according to the builder of what will be Scotland's biggest wind venture.
Sir Ian Wood has unveiled ambitious plans to help the north-east economy capitalise on the energy transition, potentially creating “thousands” of jobs in the process.
Installed offshore wind capacity in US waters could reach 20 gigawatts (GW) by 2030 and annual investments in the sector could surpass $15 billion by the mid-2020s, according to Rystad Energy.
Oil companies will put decarbonisation “at the heart” of investment plans this year as factors like the climate emergency knock the industry’s confidence, according to a new survey.
Almost half of senior bosses in the fossil fuels industry “believe gas and renewables are competing against each other”, according to a major new survey.
An oilfield services firm with a major operating base in Aberdeen has bagged its first significant Scottish offshore wind contract in what is understood to be a multi-million deal.