Globally the energy landscape is changing. It is undergoing significant transition to meet energy demands whilst reducing carbon emissions – a difficult balancing act. The UK’s oil and gas industry is of great importance to the national economy – now more than ever as the Russia-Ukraine crisis increases demand for a local supply of reliable, affordable and cleaner energy. Read …
11/04/2022
ASCO strengthens its position in renewables with latest offshore wind contract for Vestas
Global integrated logistics and materials management company, ASCO, has been appointed by Vestas to work on a significant North-East offshore wind project, further strengthening its position in the renewables market. The project on the Seagreen offshore wind farm, located 27KM off the coast of Angus, will see ASCO’s ship agency division Seletar provide key services including crew transfer to the …
Maersk Drilling has landed a 19-monthplugging and abandonment (P&A) contract with TotalEnergies and Petrogas through a rig-sharing agreement. The deal, worth $43 million excluding bonuses, is expected to begin in Q2/Q3 this year for the Maersk Resolute jack-up, kicking off directly after its current contract with ONE-Dyas. Maersk Drilling will decommission 11 wells for TotalEnergies and 20 wells with Petrogas, all …
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 …