General – Appointment
Copenhagen Offshore Partners announced that Holly Cartwright and Virginia Ruiz Albacete have been appointed as Co-CEOs of COP UK and Ireland.
[Read more…] about Co-CEOs of COP UK and Ireland
UK likely to unlock £10 billion worth of North Sea oil & gas
Fossil Energy – Policy
Given the rising focus on energy security, Wood Mackenzie, an energy intelligence group, has pointed out that the United Kingdom (UK) could get its hands on an additional £10 billion of North Sea oil and natural gas value from existing assets if it puts the right set of fiscal and regulatory policies in place.
[Read more…] about UK likely to unlock £10 billion worth of North Sea oil & gasPartnership on offshore electrification with CCS
General – Decarbonisation Mission
Three players – Amplus Energy, EnQuest’s Veri Energy, and Ocean-Power – have embarked on a decarbonization mission to bring offshore electrification operations to new heights in the UK and Norway by throwing carbon capture solutions into the mix to curb oil and gas installations’ carbon footprint.
[Read more…] about Partnership on offshore electrification with CCSResults of UK’s Allocation Round 6 auction are out!
Renewable Energy – UK
The UK today awarded power deals to just over 5GW of offshore wind in its latest renewable energy auction, which saw 9.5GW of green projects awarded contracts in total.
[Read more…] about Results of UK’s Allocation Round 6 auction are out!Letter of intent to fulfill joint ambitions
Wind Energy – Sustainability
Together with Irish and British colleagues, Eamon Ryan and Andrew Bowie, Tinne Van der Straeten, the Belgian Minister of Energy signed a letter of intent to create a connection between the wind farms off the Irish coast and Princess Elisabeth Island.
[Read more…] about Letter of intent to fulfill joint ambitionsNew oil and gas licences strengthen every sector UK
Fossil Energy – Licences
Offshore Energies UK says today’s offer of 31 new oil and gas licences to operators by the North Sea Transition Authority (NSTA) strengthens energy security and business confidence across all sectors as the expansion into wind, hydrogen and carbon capture and storage accelerates.
[Read more…] about New oil and gas licences strengthen every sector UKBritish regulator awards North Sea oil and gas licences
Fossil Energy – Oil and GAs Licences
Britain’s oil and gas regulator on Wednesday awarded 24 new hydrocarbon exploration licences to 17 companies as part of efforts to extend production in the ageing basin.
[Read more…] about British regulator awards North Sea oil and gas licencesNew North Sea licences back homegrown energy transition
Fossil Energy – UK
Offshore Energies UK, the leading trade body for the sector, says today’s award of new oil and gas licences by the North Sea Transition Authority (NSTA) has the potential to strengthen homegrown energy security as the sector continues its expansion in wind, hydrogen and carbon capture and storage.
[Read more…] about New North Sea licences back homegrown energy transitionUK and South Korea secure £367m for giant wind facility
General – Manufacturing Facility
UK Export Finance (UKEF) and Korea Trade Insurance Corporation (K-Sure) have secured £367 million in financing for SeAH Wind UK’s ambitious project to build the world’s largest wind monopile manufacturing facility near Redcar in the Tees Valley.
[Read more…] about UK and South Korea secure £367m for giant wind facilityUK government approves licences to store 30 million tonnes of CO2
General – CO2 Storage
In a move strongly endorsed by Offshore Energies UK (OEUK), the North Sea Transition Authority has today (September 15) awarded licences to companies to permanently store millions of tonnes of CO2 under the UK seabed through a technology known as ‘carbon capture and storage’ (CCS).
[Read more…] about UK government approves licences to store 30 million tonnes of CO2