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‘The North Sea is open for business’ – energy chief delivers blunt response to those wanting to axe oil and gas

The industry regulator won’t be swayed by “hysterical assertions” from people who “simply don’t understand” the intricacy of the UK’s energy mix.

The post ‘The North Sea is open for business’ – energy chief delivers blunt response to those wanting to axe oil and gas appeared first on Energy Voice.

May 25, 2022, 11:20 am | Author: Hamish Penman

‘No plans to intentionally rebrand or rename’ Piper Alpha gardens

There are “no plans to intentionally rebrand or rename” the gardens containing the Piper Alpha memorial, the Trust behind a mooted redesign has said.

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May 25, 2022, 11:15 am | Author: Allister Thomas

Windfall tax fundamentally wrong but industry must ‘suck it up’

A windfall tax on energy profits will send the wrong signal to investors but looks increasingly inevitable, according to a senior partner at KPMG in Aberdeen.

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May 25, 2022, 11:13 am | Author: Andrew Dykes

NSTA issues warning on thousands of late payments, but £5bn of supply chain opportunities in the pipeline

North Sea operators have been told to improve after new figures exposed the number of invoices that are not being paid on time.

The post NSTA issues warning on thousands of late payments, but £5bn of supply chain opportunities in the pipeline appeared first on Energy Voice.

May 25, 2022, 7:01 am | Author: Hamish Penman

Windfall tax to be announced ‘as soon as Thursday’

UK Government plans to impose a windfall tax on energy companies are expected to be brought forward and announced “as soon as Thursday”.

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May 25, 2022, 6:13 am | Author: Allister Thomas

CCS offers ‘more bang for buck’ than electrification on net zero, says Harbour CEO

Harbour Energy’s chief executive Linda Cook said carbon capture and storage (CCS) offers greater impact for reaching net zero goals, as the regulator announces plans for its first carbon storage licensing round.

The post CCS offers ‘more bang for buck’ than electrification on net zero, says Harbour CEO appeared first on Energy Voice.

May 25, 2022, 5:00 am | Author: Andrew Dykes

First tranche of Scotgov’s £500m Just Transition Fund to open next week

The Scottish Government’s just transition and employment minister has said the first portion of the £500 million Just Transition Fund aimed at the north east will be opened shortly.

The post First tranche of Scotgov’s £500m Just Transition Fund to open next week appeared first on Energy Voice.

May 24, 2022, 1:33 pm | Author: Andrew Dykes

Video: Gargantuan vessel brings Ninian Northern jacket into Shetland

The world’s largest offshore construction ship has delivered the 8,500-tonne Ninian Northern platform jacket for decommissioning in Shetland.

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May 24, 2022, 12:26 pm | Author: Keith Findlay

UK’s largest oil and gas producer warns windfall tax means ‘fewer projects will be sanctioned’

Harbour Energy chief executive Linda Cook joined industry heads in calling for a “stable” tax environment, and warned of the potential consequences for future North Sea investment should a windfall levy be imposed.

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May 24, 2022, 12:17 pm | Author: Andrew Dykes

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