2020 results show BP in energy transition conundrum, analysts say
Oil giant BP’s quest to transition away from fossil fuels and become a net-zero emitter by 2050 has left it caught in a “conundrum”, analysts said yesterday.
Oil giant BP’s quest to transition away from fossil fuels and become a net-zero emitter by 2050 has left it caught in a “conundrum”, analysts said yesterday.
A newly formed floating offshore wind company is planning to submit a bid for the ScotWind leasing round.
Europe’s largest renewable energy producer Statkraft has announced a team up with Aker Offshore Wind and Aker Horizons on opportunities off Norway.
“Rapid growth” is being forecast for the offshore wind helicopter market, with nearly 100 extra aircraft needed by 2030.
North Sea helicopter operator CHC has bagged a contract to provide services for three offshore wind farms, including two in Scotland.
European countries ordered a record 15 gigawatts (GW) of wind turbines in 2020, an increase of 74% on 2019.
Global Energy Group’s new group chief executive has described the firm as “probably the best positioned organisation in the whole of the UK” to make the most of the expansion in offshore renewables.
Ørsted has announced its intention to bid in the forthcoming ScotWind leasing round, which opened to applicants last week.
A new programme aimed at helping domestic supply chain firms benefit from Scotland’s burgeoning offshore wind sector could deliver significant employment opportunities for the north-east.
A major leasing round expected to generate more than £8 billion of investment in Scottish offshore wind projects opened to applicants today.
A Middle Eastern firm chosen to build key infrastructure for Scottish offshore wind projects announced plans for a strategic reorganisation today.
The manufacturer for the largest wind farms in Scotland has announced plans for 220 job cuts in what has been described as a "body blow" for the sector.
Bosses at Equinor have heralded the firm’s latest contract win as a “game changer” for its North American operations.
Disruption can bring opportunities, and those businesses which have a mindset of accepting opportunities thrown up from the unwelcome disruption caused by Covid-19 will survive and thrive, while new businesses will emerge to capitalise on these opportunities.
Siemens Gamesa and Siemens Energy have promised to unlock a new era of offshore green hydrogen production with the creation of a “game changing” solution.
The RMT has accused Vattenfall of threatening to “fire and re-hire” its members of staff in an alleged dispute over changes to contracts.
Offshore wind and hydrogen are “good ingredients but a bad cocktail” according to Rystad Energy, with high costs remaining a “showstopper”.
Wind engineering advisers Offshore Wind Consultants (OWC) has appointed Tom Whittle to its newly created role of Asia Pacific regional director.
The UK’s energy minister has reinforced that support for North Sea oil and gas is reliant on the sector “playing ball” in terms of decarbonisation.
Ørsted has ticked off a “major milestone” in the development of what will become the “world’s largest” offshore wind farm.
The UK Government’s decision to green light plans for a major offshore wind farm has sparked concerns about the potential impact on sea birds.
The UK power generation industry is headed for its greenest year yet as more capacity for renewables is added and coal plants are needed less often.
Emerging technologies will be key to delivering the Government’s decarbonisation strategy and 2050 zero-carbon target, according to energy experts at Pinsent Masons.
A leading renewable energy expert has heralded 2020 as having been a “massive year” for the development of floating offshore wind.
Scotland’s green hydrogen capabilities could “significantly contribute” towards domestic and international net zero targets through the decarbonisation of heavy industry.