Dana Petroleum’s Western Isles development is due to be shut down eight years earlier then scheduled, as plans are greenlit by regulator OPRED.
Revenues at the North Sea operator surged more than four-fold to $3.6bn.
Dana Petroleum has submitted draft paperwork for the removal of the Western Isles FPSO, though the fate of the vessel is yet to be decided.
A long-awaited decision to connect wind farms in the Western Isles to the grid has been welcomed as a “hugely significant milestone” that will “unlock vast renewable potential” in the area.
Katoni Engineering has signed a three-year contract with Dana Petroleum, which includes a focus on cutting emissions and reaching net zero on its North Sea assets.
Last month, when the much anticipated announcement was made of winners and losers under the Contracts for Difference scheme, it seemed the 20 year struggle for the Western Isles to be connected for generation purposes to the National Grid had finally prevailed.
As of 30 May, Westwood Global Energy reports that there is one exploration well and one appraisal well active, in the CNS and NNS respectively. One appraisal well in the CNS was P&A as a gas well since the last report.
As of 26 April, Westwood Global Energy reports that there is one exploration well and one appraisal well active, in the CNS and NNS respectively. One appraisal well is in the process of being suspended since the last report.
The New Year is a time for staying close to home so, in that spirit, I will take a look at some energy-related issues that affect the Western Isles and will come to a head in 2022.
Up to 80 jobs are to be created in Aberdeen after engineering and construction firm PD&MS landed a “significant” North Sea contract.
NEO Energy has said it has “rapidly expanded” since the oil price crash brought it down to losses in its first full year of trading.
Charities in the Western Isles face losing out on a “devastating” £500,000 a year as a result of the undersea cable fault.
The 20 year saga of connecting – or not connecting - the Western Isles to the National Grid via a subsea cable across the Minch has taken a new and dramatic turn which should surely change the terms of the debate.
Current plans to reinforce the power line between Fort Augustus and the Western Isles, via Skye, reminded me of the controversy that arose when the link was created in the 1980s.
The approval of a Western Isles power link could unlock around £2 billion in investment and create “hundreds” of jobs for the region, a local councillor has claimed.
Aberdeen must “strike now or miss its chance” on the offshore wind market, a local MSP has warned after a new plans revealed future projects could dominate the north-east coastline.
Ofgem has said it is "unable to approve" SSE Network’s current plans for a £709m subsea electricity link from Shetland to the Scottish mainland.
Energy firm SSE has announced that energy to the Western Isles has received a boost thanks to a £3.8 million network investment.
Production from the Western Isles project in the North Sea delivered a huge boost to Dana Petroleum's profits and revenues last year.
Verus Petroleum has toasted a “transformational year” as it saw profits increase six-fold in 2018.
Renewed calls have been made for power regulator Ofgem to consider the impact a lucrative 600MW National Grid link from Western Isles wind farms to the mainland could have on the area.
The 20-year campaign to utilise the renewable energy assets of Shetland and the Western Isles to benefit the entire UK may be approaching end-game with outcomes still wide open.
A senior councillor has criticised Comhairle nan Eilean Siar for its handling of the development of renewables in the Western Isles.
Plans for a subsea electricity cable linking Shetland to the mainland have been provisionally approved by the energy regulator.
Dana Petroleum is celebrating a milestone for its Western Isles project as it has offloaded its first 10million barrels of oil.