How is the North Sea supply chain being supported, amid concerns over crippling costs and poor visibility on opportunties?
After a tough few years for Decom North Sea (DNS), a new leadership team is now ready to give the organisation some deserved “love and attention”.
Danish offshore wind developer Ørsted (ORSTED.CO) expects all its suppliers to move to 100% renewable electricity by 2025 at the latest, in a bid to set a “new gold standard” for the energy sector.
Some miles off the coasts of England, Ireland and Scotland, deep under the sea, lie rock formations which could be capable of holding up to 78 billion tonnes of CO2.
Sir Ian Wood has said it is unlikely that the UK supply chain will take more than 20% of the major fabrication work in the early wave of ScotWind contracts.
NSTA issues warning on thousands of late payments, but £5bn of supply chain opportunities in the pipeline
North Sea operators have been told to improve after new figures exposed the number of invoices that are not being paid on time.
Crown Estate Scotland has confirmed that all 17 successful ScotWind applicants now have option agreements in place.
Some of the North Sea’s biggest players will set out their plans for moving to a low carbon future at an industry event.
The ScotWind licencing announcements on January 17th were certainly a welcome and hugely material vote of confidence in the future of the offshore energy sector in the UK.
‘It is a considerable opportunity for Aberdeen’ – AREG chief on ‘hugely significant’ ScotWind results
ScotWind will unlock a raft of “fantastic opportunities” for the north-east of Scotland the head of a local energy transition organisation has predicted.
A renewables expert believes the scale of interest in developing floating offshore wind in Scotland proves that the technology is more than a passing fancy.
The Omicron virus variant has plunged the world into yet more uncertainty in recent months – but even so, 2021 will be remembered as the year when the pandemic loosened its grip on global energy markets and the supply chain could start to recover from last year’s 14% drop in global energy spending. Investments grew 7% this year, putting economies, energy demand and the supply sector on the road to recovery.
The offshore supply chain is crucial for the energy sector’s goal of achieving net zero, with commitment to a smooth energy transition and relevant opportunities from industry leaders vital to reach carbon neutrality, writes David Hutchinson, director with engineering and manufacturing specialist Pryme Group.
Aker Offshore Wind and Ocean Winds have promised a £235 million early investment package to support Scotland’s renewable energy supply chain, as part of their joint bids for the ScotWind offshore leasing round.
Renewable Parts has teamed up with SSE Renewables to help increase the sustainability of the company’s green energy assets.
Offshore wind supply chain companies are being encouraged to bid for a share of £3.5 million in funding.
Government has repeated its pledge to help local workers benefit from the scaling up of renewables developments in UK waters.
A new programme designed to identify opportunities and explore deployable solutions to reduce greenhouse gas emissions has been launched in the north-east.
Updated: Aker Offshore Wind promises ‘large early investment’ as part of planned 6GW north-east floating wind development
Ocean Winds (OW) and Aker Offshore Wind (AOW) have pledged to create thousands of high-skilled jobs in Scotland if they're given the green light to build what would be the UK’s largest floating offshore wind development off the north-east coast.
It was recently reported that countries are lining up for wind turbine manufacturing plants to increase local content in their domestic markets. Siemens Energy AG expressed fear about global supply chains being balanced with bringing local content. Does this precede possible bottlenecks in supply and so act as a drag on offshore wind deployment targets?
TotalEnergies is inviting Scottish supply chain companies to find out more about the opportunities arising from its offshore wind ambitions.
Reuters Events talk offshore & floating wind with 'Exploring Offshore & Floating Wind Supply Chain Growth - Challenges and Opportunities'
Sir Ian Wood has criticised governments for removing overseas trade support for oil and gas activities, saying it won’t reduce carbon emissions “one inch”.
Marine equipment fabrication and rental specialist Motive Offshore Group has reported contract wins worth more than £16 million since the start of 2021.
North Sea operators are being warned against introducing further “bureaucracy” amid concerns it could make life even more difficult for the supply chain.