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28 Mar 24 |
UK: RWE expands its UK offshore wind development portfolio by 4.2 gigawatts RWE, one of the world’s leading offshore wind companies, has completed the acquisition of three offshore wind projects in the UK from Vattenfall, which was announced at the end of December. The three projects – Norfolk Vanguard West, Norfolk Vanguard East and Norfolk Boreas – each with a planned capacity of 1.4 gigawatts (GW), are located 50 to 80 kilometres off the coast of Norfolk in East Anglia. |
28 Mar 24 |
UK: Petrofac secures contract extension with ONEgas West in core UK market Petrofac, has secured a contract extension in the Southern North Sea with ONEgas West (a NAM operated and Shell UK owned venture). Petrofac will continue to provide services across ONEgas West’s Southern North Sea portfolio, supporting the Clipper South complex, Leman Alpha assets, Bacton Terminal, and ONEgas Barge campaigns. |
28 Mar 24 |
UK: Baron Oil provides update on UK Licence P2478 AIM-listed Baron Oil has provided an update in relation to the offshore UK Licence P2478 (Blocks 12/27c,17/5,18/1 and 18/2), in which Baron holds a 32% interest. Reabold Resources is the Licence administrator. The Licence will be surrendered to the UK North Sea Transition Authority ('NSTA') on 31 March 2024. |
27 Mar 24 |
UK: OGA Plan sharpens focus on emissions reduction A new emissions reduction plan published today (27 March) by the North Sea Transition Authority (NSTA) has highlighted the need for action across the board on production decarbonisation – including action on flaring and venting and the electrification of oil and gas installations - to ensure the future of the industry and hit net zero targets. |
27 Mar 24 |
UK: UKOG provides update on Loxley gas project in PEDL 234 AIM-listed UK Oil & Gas (UKOG) has announced that, following the Court of Appeal's 9th January 2024 ruling refusing any further appeals against Loxley's lawful planning consent, the North Sea Transition Authority has now granted a one-year extension to the PEDL234 licence's Retention Area Work Programme in which the Loxley gas discovery is contained. |
26 Mar 24 |
UK: Kellas Midstream’s H2NorthEast wins first hydrogen customer Energy infrastructure company Kellas Midstream has signed a preliminary sales agreement with flexible energy storage operator and supplier Statera Energy for the supply of low-carbon hydrogen. It will substitute for natural gas in Statera’s local power plants. |
26 Mar 24 |
UK: £450bn energy opportunity to grow the economy – but warning lights are flashing - OEUK Without stable energy policy and a globally competitive tax regime, the UK will miss out on the lion’s share of the benefits from a domestic offshore energy market that could grow to £450bn by 2040, says Offshore Energies UK (OEUK). |