Shell boss hoping for North Sea electrification system akin to pipeline network
A senior energy transition figure at Shell (LON: SHEL) has shared his “dream” of an integrated network of electricity cables spanning the North Sea.
Platform electrification
Almost 40 North Sea assets, suitable for electrification, identified by NZTC
As many as 40 North Sea assets have been pinpointed as a good fit for electrification, an industry conference heard on Thursday.
NSTA boss prepared to ‘name and shame’ emissions laggards
The head of the UK’s offshore regulator said he would “name and shame” North Sea operators who are not making sufficient progress on emissions reduction.
NZTC study finds ‘significant challenge’ in cost of North Sea electrification
A study by the Net Zero Technology Centre (NZTC) has found high capex costs remain a barrier to electrifying North Sea assets, but rising carbon taxes and net zero targets may yet spur development.
Equinor expects £80m investment in Rosebank FPSO electrification
Equinor (OSLO:EQNR) and its Rosebank partners expect to spend around £80 million on modifications to the Knarr FPSO which will ready the vessel to run on low-carbon power.
Electrification, carbon storage and hydrogen could create 26,000 UK jobs by 2030, study finds
A trio of emerging low carbon technologies could generate almost 30,000 new UK jobs by 2030, according to research by Robert Gordon University (RGU).
Decommissioning rebates exempt from windfall tax as government throws industry a bone
Tax repayments related to losses incurred by removing North Sea assets will not be touched by the energy profits levy.
Cnooc getting on with electrifying Buzzard, contract due to tender next month
Chinese state-owned oil firm Cnooc is cracking on with plans to electrify one of its key North Sea assets.
Electrification could trim 87% off North Sea platform emissions, studies find
Electrification could cost-efficiently bust the vast majority of greenhouse gases arising from North Sea platforms.
Government told to ensure North Sea investment allowances include platform electrification
The UK Government has come under pressure to ensure that platform electrification is included in the North Sea investment relief programme.
ONE-Dyas gains approval for North Sea’s ‘first’ wind-powered gas field
The Dutch Ministry of Economic Affairs and Climate has granted ONE-Dyas permission to develop the N05-A gas field in the North Sea, in a move that could unlock further small fields in the region.
CCS offers ‘more bang for buck’ than electrification on net zero, says Harbour CEO
Harbour Energy’s chief executive Linda Cook said carbon capture and storage (CCS) offers greater impact for reaching net zero goals, as the regulator announces plans for its first carbon storage licensing round.
Orcadian Energy floats North Sea electrification plan to shave £1.6bn off costs
North Sea firm Orcadian Energy has shared its electrification blueprint for axing operational oil and gas emissions by up to 80%.
Neptune secures renewable electricity supplies for German assets
Neptune Energy has secured new renewable electricity supplies for its operated assets in Germany, as it works towards its goal of going “beyond Net Zero” by 2030.
NSTA to share electrification competition insights at North Sea event
Offshore Energies UK (OEUK) will host key operators and the North Sea Transition Authority (NSTA) at an upcoming event examining how the North Sea can reduce emissions through the electrification of offshore platforms.
North Sea firm Orcadian Energy writes to Crown Estate Scotland to flag concerns about INTOG
A North Sea oil firm has expressed concerns about the makeup of the Innovation and Targeted Oil and Gas (INTOG) offshore wind leasing process.
Up to £5bn needed to meet platform electrification goals
Analysis by consultancy Xodus Group suggests £3.5-5 billion in capital expenditure will be needed to realise the electrification projects required to lower offshore emissions under the UK’s North Sea Transition Deal (NSTD).
CNOOC, Flotation flesh out plans to power Buzzard with floating wind
New proposals would see the two develop the Green Volt offshore wind farm – the world’s largest floating wind array – to provide power to the Buzzard field and the National Grid.
OGA names winners of £1m platform electrification competition
A trio of projects have won a share of a £1 million pound prize in order to advance platform electrification in the North Sea.
CNOOC confirms first oil from delayed Buzzard Phase 2 project
Production has kicked off at a major project designed to extend the life of one of the North Sea’s largest producing fields.
Wave energy – floating wind hybrid could aid oil and gas decarbonisation
A combination of wave energy and floating wind could soon be used to power oil and gas assets as part of an ambitious project.
WoodMac: UK North Sea needs ‘rapid action’ to mirror Norway’s platform electrification successes
A “tough challenge” awaits if the UK is to replicate Norway’s successes in decarbonising offshore assets, Wood Mackenzie has forecast.
TotalEnergies CEO calls for ‘industry wide solution’ to cutting North Sea emissions
TotalEnergies (LON: TTE) chief executive Patrick Pouyanne has called for an “industry wide solution” to slashing North Sea emissions.
Repsol Sinopec ‘reviewing’ North Sea fields to determine scope for CCS
Repsol Sinopec Resources UK is “reviewing” its North Sea fields to judge whether they could be used to stow emissions.
North Sea social license to operate ‘barely holding out’, says OGA boss
A senior oil and gas figure has warned the industry that its social license to operate is “barely holding out”.