regen OGV jobs tech mag safer Theme OGV
Latest news - Regional

Energy Security Secretary Grant Shapps responds to new Ofgem price cap

Energy Security Secretary Grant Shapps responds to new Ofgem price cap   See below for a statement from Energy Security Secretary Grant Shapps on Ofgem's newly announced price cap for Q3 2023, along with an explainer on what the new cap means for UK households. Energy Security Secretary Grant Shapps said: “It’s positive households across the country will see their energy bills fall by around £430 on average from July, marking a major milestone in our...

New milestone at giant North Sea oil field, as it reaches record-high production level

New milestone at giant North Sea oil field, as it reaches record-high production level   Norwegian state-owned energy giant Equinor has performed a capacity test at the Johan Sverdrup field in the North Sea off Norway, confirming that the field can produce at an increased plateau up to 755,000 barrels of oil per day. According to Equinor, the Johan Sverdrup field reached a record-high production level of 755,000 barrels of oil per day during a capacity test, which equals six to sev...

AI project to supercharge hydrogen production in Scotland

AI project to supercharge hydrogen production in Scotland   A new project aims to use artificial intelligence to supercharge hydrogen production in Scotland, helping the country meet its net zero targets and powering thousands more homes and businesses each year. Computer scientists at the University of Aberdeen and Aberdeen-based software company Intelligent Plant will use explainable AI (XAI) to develop a Decision Support System (DSS) to tackle shortfalls in production and help S...

UK to join Biden’s emissions challenge as it forges closer energy security links with US

UK to join Biden’s emissions challenge as it forges closer energy security links with US   Shapps on four-day US visit to strengthen collaboration to safeguard UK Energy Security Secretary is meeting senior members of Biden administration UK set to join President’s Carbon Management Challenge to remove and store CO2 Visit comes as Department for Energy Security and Net Zero marks first 100 days The UK will back President Biden’s drive to remove and...

“I Fear For The Future Of The North Sea”, Warns Sir Jim Ratcliffe.

“I Fear For The Future Of The North Sea”, Warns Sir Jim Ratcliffe.   Sir Jim Ratcliffe, Founder and Chairman of INEOS has told his Forties Pipeline System business that the government’s 75% windfall tax on oil and gas producers in the North Sea will lead to a collapse in investment in the basin. The Forties Pipeline System links over 85 fields in the North Sea and gives INEOS a unique view into the development plans of the oil and gas operators working there....

bp Coast 2 Coast charity cycle raises more than £2 million for 35 local charities

bp Coast 2 Coast charity cycle raises more than £2 million for 35 local charities   Cyclists who have taken part in bp’s Coast 2 Coast cycle across Scotland have raised more than £2million for local charities through their annual fundraising efforts. A total of 35 local charities of all sizes in the North-east have been helped to deliver vital services within the community. Ahead of the fourteenth Coast 2 Coast cycle next week, bp has announced that the ride ha...

Offshore Energies UK: Comment responding to ECIU claims that ‘Households could spend nearly £6,000 on imported gas over next 12 years’

Offshore Energies UK: Comment responding to ECIU claims that ‘Households could spend nearly £6,000 on imported gas over next 12 years’   Offshore Energies UK has responded to claims by the Energy & Climate Intelligence Unit (ECIU) that the UK faces sharp rises in gas imports, and import costs, over the next decade, linked to declining production from the UK's North Sea. An article relating to those claims has been circulated by the Press Association, with the...

Let’s Get Digital... With Aberdeen Science Centre

Let’s Get Digital... With Aberdeen Science Centre ASC celebrates National Digital Learning Week   Aberdeen Science Centre is celebrating National Digital Learning Week with a variety of digital-themed activities. National Digital Learning Week is an annual event established by Education Scotland. Running this year from Thursday, 11 May to Wednesday, 17 May, it encourages school pupils and teachers to embrace the advancements in digital technology in education and showca...

Improved rewards and benefits to be offered to communities backing onshore wind farms

Improved rewards and benefits to be offered to communities backing onshore wind farms   Communities that wish to host onshore wind infrastructure should benefit directly from it Government proposals will put communities at heart of energy plans and embed best practice of developer engagement into the planning system With costs of onshore wind having already fallen dramatically, today’s measures will help boost the UK’s energy security and reduce household bills...

Yousaf warns against shutting down North Sea oil and gas sector

Yousaf warns against shutting down North Sea oil and gas sector   Humza Yousaf has insisted that Scotland can “exploit” Europe’s need for renewable hydrogen as he suggested speeding up the decline of the oil gas industry could cause economic harm. The First Minister was speaking after the Scottish Government’s consultation closed on its draft energy strategy which proposes accelerating the decline of the North Sea oil and gas sector amid the climate crisis....

Breaking news: Harbour Energy says jobs-loss review to complete later this year

Breaking news: Harbour Energy says jobs-loss review to complete later this year   The UK’s biggest oil and gas producer, Harbour Energy, said this morning that the review of its British organisation, which will see hundreds of jobs going, is on track to complete in the second half of this year. As previously announced, this study is expected to result in a reduction of around 350 onshore positions. The review is forecast to deliver annual savings of around £40million...

20 years of EMEC instigates UK wide economic impact

20 years of EMEC instigates UK wide economic impact   Economic impact assessment spanning two decades of EMEC’s operations values impact of the test centre to UK economy at £370 million. The development of EMEC – the world’s first and leading test centre for marine energy - has had a significant impact in Orkney as well as across the UK economy in terms of employment, supply chain development and encouraging public and private investment to service the secto...

North Sea ‘treasure map’ to grow the economy and unleash the UK’s carbon capture and storage industry

North Sea ‘treasure map’ to grow the economy and unleash the UK’s carbon capture and storage industry   New powers for regulator will help develop most comprehensive picture yet of UK’s carbon capture and storage potential This will deliver on the Prime Minister’s priorities by helping to attract investment, support as many as 50,000 new jobs by 2030 and grow the economy Energy Bill will also support the scale up of UK’s hydrogen and nuclea...

Shell inks deal with Ithaca to offload its stake in UK’s ‘second largest undeveloped field’

Shell inks deal with Ithaca to offload its stake in UK’s ‘second largest undeveloped field’   UK-headquartered energy giant Shell has signed an agreement with Ithaca Energy, defining a marketing process for its interest in the controversial Cambo offshore development, which the oil major decided to exit after an internal review. Back in December 2021, the news about Shell’s decision to exit Cambo – confirmed by its partner in the project, Siccar Point...

Higher taxes under Labour 'risks throttling future energy projects'

Higher taxes under Labour 'risks throttling future energy projects'   Higher taxes under a Labour government would risk throttling investment in future energy projects, the boss of Shell warned yesterday. CEO Wael Sawan was speaking after the group announced adjusted earnings of £7.66billion for the first quarter of this year. He said energy companies like Shell will be a big part of helping the world decarbonise, but they needed the right ecosystem. Mr Sawan ad...

Oil and gas skills are key to net zero, say MPs

Oil and gas skills are key to net zero, say MPs   All political parties must engage with the oil and gas industry to secure the strong pipeline of talent and skills needed to reach its legally-binding climate targets, according to a survey of Westminster MPs by Offshore Energies UK (OEUK). Almost half (45%*) of politicians surveyed claim the UK has the people and skills needed to deliver cleaner energy sources through the development of technologies including wind, solar, hydrogen,...

North Sea well starts pumping gas in bid to power 1.9 million homes

North Sea well starts pumping gas in bid to power 1.9 million homes   Neptune Energy said it would help support the UK’s energy security and supply the gas needs of almost two million homes after kicking off production at a new North Sea well. The firm and its partner, Spirit Energy, said production had commenced from the 11th well at its operated Cygnus gas field in the southern North Sea. The latest well is expected to produce about 4,000 barrels of oil equivalent per day -...

Gas output up off Aberdeen amid Dundee renewables jobs fears

Gas output up off Aberdeen amid Dundee renewables jobs fears   Shell has underlined the potential to produce lots more oil and gas in the North Sea amid fresh concerns that the long-awaited boom in renewables jobs will fail to materialise. The London-based giant has just completed a revamp of a mature field that will unlock significant gas reserves and is preparing to drill an exploration well targeting a big prospect with a relative minnow. The moves come after smart battery m...

Charging Up: UK utility-scale battery storage to surge by 2030, attracting investments of up to $20 billion

Charging Up: UK utility-scale battery storage to surge by 2030, attracting investments of up to $20 billion   The UK’s battery storage market is set for exponential growth in the coming years, rising from the ground up to reach 24 gigawatts (GW) capacity by the end of the decade. These utility-scale battery systems will attract investments of up to $20 billion and have enough combined energy reserves to power 18 million homes for a year, Rystad Energy analysis shows. Thanks to t...

Shell's Pierce field restarts

Shell's Pierce field restarts   Oil major Shell said Tuesday it had completed the restart of operations at the Pierce field in the UK North Sea. The Pierce field lies around 165 miles (265km) east of Aberdeen, Scotland, in water depths of around 262 feet (85m). It was discovered in 1975, with oil being produced since 1999. The restart comes following a significant upgrade to the Haewene Brim FPSO to allow gas to be produced after years of the field producing only oil. Pierce...
AIS
Wellpro
Zenvion
Craig International
Stena