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Showing home support with Ellon United sponsorship deal

Showing home support with Ellon United sponsorship deal   Hot off the press: we have signed Ellon United captain Neill Irvine in an exclusive one-year sponsorship deal. Founded over 120 years ago, Ellon United are members of the Scottish Junior FA and are based in The Meadows Sports Centre. Neill – a painter and decorator in the town – captains the team, who currently play in the North Region Premier League. The sponsorship will go towards maintaining a healthy f...

EMEC floating wind demo site offers £690 million opportunity to UK

EMEC floating wind demo site offers £690 million opportunity to UK   The economic potential of EMEC’s proposed 100 MW floating offshore wind test and demonstration site has been estimated at £690 million to UK economy. The European Marine Energy Centre (EMEC), based in Orkney, Scotland, concluded concept design for a new floating offshore wind test and demonstration site in 2022 and is aiming to secure a lease for a 100 MW site ~20 km west of Orkney. EMEC&rsqu...

“A huge amount to celebrate” - Decom North Sea Awards to acknowledge sector transition

“A huge amount to celebrate” -  Decom North Sea Awards to acknowledge sector transition   The energy industry’s only awards dedicated to decommissioning excellence are now open for entry. Celebrating innovation and success across the sector, the winners of the sixth annual Decom North Sea Awards will be announced at a ceremony on 16 May as a part of the organisation’s flagship conference, Decom Week. This year the Awards, which were established by D...

LFH Fluid Control Ltd Acquires Sabre Plant & Marine Ltd

LFH Fluid Control Ltd Acquires Sabre Plant & Marine Ltd   LFH Fluid Control Ltd are delighted to announce the successful acquisition of Sabre Plant & Marine Ltd, which will continue trading under the same name, but as a subsidiary of LFH Fluid Control Limited. With both companies working in similar markets the natural synergy will support future growth and customer service across a wider range of products. The company has been relocated from its previous address at Greenwel...

Chevron shows it has the financial muscle to acquire BP - but says it plans to launch a US$75bn buyback instead

Chevron shows it has the financial muscle to acquire BP - but says it plans to launch a US$75bn buyback instead   A note from the investment bank Citi suggested recently that US oilers should have their sights trained on their undervalued UK counterparts. An update from Chevron Corporation suggests American oilers have the financial wherewithal to do this – though the will to do a transaction, in this example at least, seems lacking. On Wednesday, Chevron announced plans t...

Why Equinor is selling its Nigerian offshore oilfield

Why Equinor is selling its Nigerian offshore oilfield   The Norwegian energy firm, Equinor, has indicated an interest in selling off its stake in the offshore Agbami oilfield. Reuter reported that the company has launched the sale of its stake in the offshore asset, joining ExxonMobil, Shell and TotalEnergies who have sought to sell off assets in Nigeria. According to Reuters, Equinor has hired investment bank Standard Chartered to run the sale process, which could raise $1 bill...

What windfall? North Sea levy generated £600m less than expected in December

What windfall? North Sea levy generated £600m less than expected in December   The new levy on North Sea oil and gas operators – dubbed the ‘windfall tax’ – failed to generate the government’s expected takings last month, confirmed the UK’s spending watchdog. The Office for Budget Responsibility revealed the Energy Profits Levy failed to provide the Treasury with its hoped-for windfall. Cash receipts for December were a whopping £...

Petrobras Picks TechnipFMC For Subsea Work Off Brazil

Petrobras Picks TechnipFMC For Subsea Work Off Brazil   TechnipFMC has been awarded a substantial master services agreement (MSA) for subsea services with Brazilian oil major Petrobras. Technip FMC said that the three-year contract had an option to extend for a further two years. The company will provide life-of-field services to support its installed base offshore Brazil. The contract covers installation, intervention, and maintenance of both equipment and tooling, as well as t...

Moray West Offshore Wind Farm to use Invergordon port for marshalling monopiles

Moray West Offshore Wind Farm to use Invergordon port for marshalling monopiles  62 monopiles from the international supply chain will be marshalled before load-out on installation vessels    Invergordon port in the Cromarty Firth, Scotland, has been selected by Moray West as the location for marshalling of all 62 monopiles prior to installation as part of the Moray West offshore wind farm. Ocean Winds, created as a 50-50 joint venture, owned by EDP Renewables and ENGIE,...

Dubai Petroleum awards global logistics contract to Petrasco

Dubai Petroleum awards global logistics contract to Petrasco   A leading provider of international logistics solutions to the energy industry, Petrasco, has been awarded a key contract by Dubai Petroleum Establishment (DPE). The multi-year agreement, worth a seven-figure sum, will see Petrasco provide global logistics support for five offshore fields, an onshore gas field, pipelines, and support services. Work carried out in the emirate will be complemented with support from Pet...

SSE Renewables outlines plans to work collaboratively with fishing industry

SSE Renewables outlines plans to work collaboratively with fishing industry   SSE Renewables has published a report that sets out the company’s vision to better co-exist with fisheries when building and developing offshore wind energy. The report, launched at Scottish Renewables’ Offshore Wind Conference in Glasgow, outlines the steps taken by SSE Renewables to build upon the existing relationship within the fishing industry and how both sectors can positively co-exist...

AIS Survivex signs innovative new training management contract with recruitment specialist, AGR

AIS Survivex signs innovative new training management contract with recruitment specialist, AGR   Energy recruitment specialist, Advance Global Recruitment (AGR) has signed a unique three-year training management service contract with AIS Survivex to create a new approach to the supply of energy industry personnel. This approach involves identifying and matching personnel for industry roles then delivering targeted training for a complete recruitment solution, which benefits both...

Stryde Awarded 7-figure Contract For Middle East Seismic Survey

Stryde Awarded 7-figure Contract For Middle East Seismic Survey   International seismic technology company, STRYDE, has been awarded a multi-million-dollar contract for the supply of an 80,000-channel nodal acquisition system in the Middle East. Contracted to the world’s largest geophysical services provider, BGP, who will lease STRYDE’s containerised Compact System™ for use on a high-density 3D acquisition project in Oman. This deal follows multiple contracts bet...

Strohm scales up operations as it completes plant expansion and plans recruitment drive

Strohm scales up operations as it completes plant expansion and plans recruitment drive   Strohm, the world’s first and leading producer of Thermoplastic Composite Pipes (TCP), has completed its plant expansion in The Netherlands, as it sets out to accelerate growth and support the energy transition. The expansion is the biggest capital investment the company has undertaken since originally setting up the facility in the port town of IJmuiden, near Amsterdam. With this invest...

Global Maritime completes Marine Warranty Surveying Decommissioning Scope

Global Maritime completes Marine Warranty Surveying Decommissioning Scope   Global Maritime recently completed the Marine Warranty (MWS) scope for another removal campaign in Southern North Sea, making a total of ten successful campaigns in the region over the last four years for three different clients and five removal contractors. This latest project consisted of the removal of four platforms by offshore contractors AF Decom and DEME with vessel ‘Orion’, including Van...

Genny Hire applies F1 technology to enhance its generators and deliver cost-savings

Genny Hire applies F1 technology to enhance its generators and deliver cost-savings   Genny Hire Ltd (Genny Hire), a diesel generator hire company based in Kintore, Aberdeenshire, announces the arrival of the Flywheel Power System to complement its fleet of generators. Flywheel Power Systems, supplied by PUNCH Flybrid Ltd (PUNCH Flybrid), a company based in Silverstone, England, has delivered the first of several of its PUNCH Power 200 – Flywheel Power System to Genny Hire, w...

Developing Resilience with Intervention Rentals, Polaris Learning and Praesidio

Developing Resilience with Intervention Rentals, Polaris Learning and Praesidio   Polaris Learning and Praesidio were delighted to work with a team of managers from Intervention Rentals to complete the new Developing Resilience ILM Recognised three-day programme. This is the first of three programmes being run with Intervention Rentals. This intensive programme has been designed to help managers build on their resilience so that they can cope with the unpredictability in their role...

Golden opportunity imminent for UK’s offshore energy supply chain

Golden opportunity imminent for UK’s offshore energy supply chain   NSTA and GUH study highlights vast scale of labour and infrastructure required for new production projects Huge opportunities for vessel and rig owners Close, early collaboration vital for ensuring resources are available as industry continues to underpin UK energy security A wave of new opportunities for the UK’s world class offshore energy supply chain will be created by upcoming oil and gas...

Neptune Energy commences drilling at Adorf gas development

Neptune Energy commences drilling at Adorf gas development   Neptune Energy today announced drilling has begun at its operated Adorf Z18 gas production well in the municipality of Georgsdorf, northwestern Germany. The well is being drilled by KCA Deutag, with final depth of around 4,700 metres expected to be reached in June this year. Neptune Energy’s Managing Director in Germany, Andreas Scheck, said: “The Adorf Carboniferous field development is one of our most pro...

Key COO appointment as ambitious specialist eyes growth

Key COO appointment as ambitious specialist eyes growth   A market leading P&A and cased hole logging specialist company has announced the appointment of a key member of staff to play a central role in realising future growth ambitions. Alan Quirke has been named as Chief Operating Officer of HydraWell and brings to the role almost 30 years of experience gained in the UK and international markets such as Europe, Libya, Tunisia, Brunei, Burma, Kazakhstan, Canada, Venezuela. T...
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