The cost of offshore wind has continued to tumble as the UK Government revealed the price for power from new schemes had fallen below £40 per megawatt hour of electricity.
Read More »Oil and Gas Image Key Concern for North Sea Investor
EV Private Equity (EVPE) has highlighted that the image of oil and gas for society and investors is a key concern going forward.
Read More »Hurricane Says Early Results from Lancaster Promising Despite Constraints
Hurricane Energy said today that production from its Lancaster field had been promising since the delivery of first oil in June. despite flowline constraints.
Read More »UistWind Project Starts to Generate Power in The Outer Hebrides
An onshore wind project in the Outer Hebrides has started to generate power as turbines are constructed on North Uist.
Read More »Parkmead Not Easing Off Oil and Gas Despite Renewables Plunge
Oil and gas firm Parkmead Group has heralded its entry into the renewables sector after agreeing to buy farmland majority-owned by the wife of chief executive Tom Cross.
Read More »Petrofac Wins Decommissioning Work at Two North Sea Fields
Petrofac has been handed a decommissioning contract for wells at two fields in the central North Sea.
Read More »Trump Says Wind Isn’t Working But His Energy Secretary Disagrees
President Donald Trump scoffed yet again at a source of electricity championed by his own energy secretary. saying wind power doesn’t work all that well.
Read More »Valaris Announces £69m of New Work Including North Sea Extension with Total
Rig operator Valaris has announced a series of new awards worth a combined £69million. including a North Sea extension with Total.
Read More »ExxonMobil to Explore CCS with New Agreement
US oil and gas giant ExxonMobil has said it will look to ``explore`` the carbon capture and storage (CCS) through a new agreement with a chemical and engineering firm.
Read More »Lack of Welders Threatens Johnson’s UK Nuclear Renaissance
Britain’s plan to revitalize its aging nuclear energy infrastructure is likely to take a hit if Brexit jeopardizes a crucial supply of welders.
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