A commitment to North Sea oil and gas while ramping up nuclear, hydrogen and offshore wind, is at the heart of a new UK strategy to protect consumers from future surges in energy bills. The “British Energy Security Strategy” includes a commitment to a new licensing round for North Sea oil and gas in the Autumn, and has been hailed …
International subsea rental equipment and solutions specialist Ashtead Technology has appointed Scott Stephen as the new Regional General Manager for its Middle East business to support its continued growth in the region. Based in Abu Dhabi, Mr Stephen will help to solidify the company’s existing market position in the region and spearhead further business expansion as part of its international …
A decommissioning project carried out by DOF Subsea, on behalf of Repsol Sinopec Resources UK, to project manage and provide Engineering, Preparation, Removal and Disposal (EPRD) services at the Buchan and Hannay fields in the Central North Sea, has achieved a 99% rate for the combined recycling and repurposing of recovered materials. The offshore works, which were carried out over …
Energy mix will decarbonize more quickly in Europe. Gas consumption alone will be 9% lower in 2024 as countries pivot towards renewables Greenhouse gas emissions will be 580Mt (or 2.3%) lower in Europe in the period 2022-2030 Europe will produce 12% more gas by 2030. Russian exports of gas will fall as Asian market cannot compensate for loss of European …
Global energy consultancy Xodus has completed a major benchmarking emissions review for a leading Middle East oil operator’s full asset portfolio, demonstrating significant emissions and cost savings. The team identified more than 100 emissions reduction opportunities as a result of the site studies, representing a minimum 20% reduction in total CO2 equivalent. A third of the improvements can be easily …
05/04/2022
POSH PARTNERS WITH FIRST MARINE SOLUTIONS TO EXPLORE FLOATING OFFSHORE WIND OPPORTUNITIES IN EUROPE
SINGAPORE, 05 APRIL 2022 – Offshore marine services provider, PACC Offshore Services Holdings (“POSH”), today announced that it will be partnering with mooring and marine service specialist First Marine Solutions (“FMS”) to explore growth opportunities for floating offshore wind in Europe. The two companies signed a Memorandum of Understanding (“MoU”) to bring together their combined expertise to market. Both POSH …
Scotland’s leading offshore decontamination and decommissioning specialist is celebrating 40 years in business. Aberdeen-based Scotoil Services began servicing the North Sea oil and gas industry in 1982 and has expanded to develop the country’s premier onshore facility for the decontamination and disposal of redundant exploration equipment. Last year alone Scotoil, handled over 5,000 tonnes of subsea decommissioning material achieving a …
The Net Zero Technology Centre has announced the launch of its 2022 Open Innovation Programme aimed at developing and deploying technologies that will reduce offshore emissions, accelerate clean energy production, and enable delivery of the UK’s net zero ambitions. The 2022 programme will feature two funding competitions – the first open now and closing 29 April 2022, and the second …
Petrofac has secured a contract from the Australian Government to carry out the first phase of decommissioning work on the Northern Endeavour. The award, valued at up to A$325 million ($236 million), will see the services group’s Perth-based team complete Phase 1 of the decommissioning of the floating production, storage and offtake (FPSO) facility. Read the full story here. Photo Credit: …
Shell (LON: SHEL) has started up gas production from the Colibri tie back project in the Caribbean. It will allow for the delivery of has both domestically and internationally through Atlantic LNG, with the supermajor hailing the start up as a “significant milestone”. Read the full story here. Photo Credit: Energy Voice.