First Subsea to expand Aberdeen operations after securing offshore wind contracts worth £12m
First Subsea is to expand its north-east operations after securing a number of major offshore wind contracts.
UK Export Finance (UKEF)
Matching needs and opportunities between Scotland and Africa
Scotland’s approach to trade with Africa is changing, driven by new commercial pressures, COVID-19 and the energy transition.
ORE Catapult and UKEF join forces to boost renewable exports
UK Export Finance (UKEF) has formed a new partnership with the Offshore Renewable Energy (ORE) Catapult in order to promote renewables companies abroad.
UKEF boss stresses importance of supply chain in accelerating energy transition
A change of approach is needed to ensure the UK can reap the benefits of the energy transition, according to a senior government official.
Q&A with UK Export Finance: taking advantage of renewable export opportunities
This year, the government will host COP26, the UN’s global climate change conference, and share how we will reach net-zero emissions by 2050.
US focus on climate change meets mixed African reactions
The US administration has set out plans to cut financing for hydrocarbon developments, while African states are doing what they can to secure energy projects.
FoE wins review on UKEF’s Mozambique LNG support
The UK government will face questions in court over the legality of its support for Mozambique LNG, following a win for Friends of the Earth (FoE).
UKEF considering FPSOs in Brazil, pipeline in Uganda
As the period for comments on UK Export Finance’s (UKEF) plans close, a campaigning group has highlighted a number of hydrocarbon projects in which the agency may play a role.
Biden signals US shift from financing fossil fuels globally
US President Joe Biden has signed an executive order to tackle climate change, as part of which the US will move away from funding fossil fuel-based energy internationally.
UK hits brakes on foreign hydrocarbon lending
The UK government intends to halt funding for hydrocarbon projects overseas on the five-year anniversary of the Paris Agreement.
Scottish firm awarded multi-million pound wind farm contract
A Scottish manufacturing firm has snapped up a multi-million pound contract to support construction work for a major North Sea wind farm.
UK Government could support 42,000 jobs annually by 2035 by switching focus to renewables
The credit export wing of the UK Government could support tens of thousands of jobs in the coming years if it switches its focus from oil and gas to renewables, according to a new study.
Plunge in to African hydropower
A number of options have been suggested to address Africa's need for electricity, but hydropower has often been overlooked.
UK to review fossil fuel lending
The UK government is reconsidering its support for financing foreign oil and gas projects, following UK Export Finance’s (UKEF) commitment to the Total-led Mozambique LNG project.