A wave of oil and gas ‘megamergers’ across the pond could be coming our way, as Europe’s supermajors – focussed in recent years on a tilt to investment in renewables and ESG concerns – look to fill their future reserves through large acquisitions.
Category: Oil&Gas
Power to the platforms – to foster a clean future
The electrification of production platforms can help the oil & gas sector towards 2050 net zero targets, says David Clark, group energy director at Lloyd’s Register. This article first appeared in The Scotsman newspaper. The scale of the challenge in decarbonising our economy cannot be underestimated. As we all know, oil and gas will remain…
Shetland shows ‘can do’ approach to Atlantic Frontier operations
This article first appeared in Energy Voice magazine. Growing confidence in the Atlantic Frontier is generating a ‘gravity-shift’ towards a Shetland supply chain willing and able to capitalise on its geographical advantages. The surge of activity west of Shetland has given the oil and gas sector a long-overdue boost and a desire to invest in…
Buchan Alpha heralds a green start to North Sea decommissioning
This article first appeared in Energy North magazine. After decades of service in the North Sea, the Buchan Alpha is the largest decommissioning project which Shetland has seen to date. Recycling and re-use of the dismantled platform will ensure nearly 98 percent of the former oil rig will find a new lease of life, says…