By Rosalie Chadwick, Partner and Global Head of Oil and Gas, Pinsent Masons
As we approach the first anniversary of Russia’s invasion of Ukraine, it is a further reminder that energy security will continue to have a major impact on oil and gas markets and how nations meet their energy requirements.
"Looking ahead to 2023, it's pretty clear that what we are looking for is boredom”, says Addleshaw Goddard partner and co-head of oil and gas, Paul Jones, after the turbulence of the past 12 months.
By Bruce Craig, Partner, Litigation and Regulatory, Pinsent Masons
As we strive to move from reliance on fossil fuels to renewable energy, one area of crucial importance is offshore wind power. The development of offshore wind farms however comes with inherent safety risks and those risks need to be carefully managed.
Demand for offshore wind turbine installation vessels is forecast to become a significant issue over the next few years and may affect the pace of development of offshore wind farms.
By Brian Thumath, partner, energy transactions, Pinsent Masons
Following the results of Round 4 and ScotWind, it is clear that joint ventures will continue to be fundamental to delivering large-scale offshore wind projects.
Reaction to news that the leading trade body for the North Sea, Oil and Gas UK (OGUK), is rebranding has varied from claims of it being a “PR stunt” to praise for a move that’s “not before time”.
As COP26 draws to a close today and Glasgow bids farewell to international leaders, business leaders and global environmental campaigners, we have to hope that the commitments made over the last two weeks will be delivered in full (or exceeded) and to the agreed timescales.
By Michael Watson, partner and head of Climate and Sustainability Advisory, Pinsent Masons
Businesses are watching closely the outcomes of COP26 because decisions made in Glasgow will have a profound impact on their future, affecting what kind of activity will be possible, what kind of finance (if any), will be available and changing the value of assets currently held.
By Mark Ferguson, Public Policy Manager at Pinsent Masons
Delegates from around the world are today arriving in Glasgow ahead of a two-week conference that will test the willingness of today’s world leaders to deliver on the promises they or their predecessors made in Paris six years ago.
Corporate oil and gas specialist Rosalie Chadwick is comfortable with transition. Some 25 years ago she happily made the switch from hometown Edinburgh to take her first step towards a legal career as a law undergraduate at the University of Glasgow.
By Lisa Byars, Senior Associate and employment law specialist in Pinsent Masons’ Employment Energy Team
It could be argued it is long overdue, but the oil and gas industry is more engaged than ever in addressing Diversity & Inclusion (D&I) parity within the sector.
By Neil Hehir, Legal Director and energy sector specialist at Pinsent Masons
Many businesses which are traditionally linked to the North Sea oil and gas sector are uniquely positioned to take advantage of the high octane charge towards energy transition.
By Gavin Farquhar, partner and specialist in marine law at Pinsent Masons
As the UK and other countries seek to seize the potential in Floating Offshore Wind (FLOW), the nascent technology offers diversification opportunities for the oil and gas industry and the supply chain.