Energy Voice – Out Loud

EVOL: Budget blowout, boxing and 600,000 tonnes of concrete

A budget for growth or a missed opportunity? Energy Voice picks over the bones of a Spring Budget that left some wanting – from the future of the north-east’s flagship CCS scheme Acorn to the “missed mark” of a price floor in the windfall tax. 
Reabold Resources contends with a new takeover bid from a familiar name – but will a famous boxing Olympian wade into this approach? 
Finally, Allister talks – and sings – about plans for decommissioning the Ninian field and ponders what to do with the record-breaking structure holding up the North Sea’s largest installation. 
About Energy Voice
Energy Voice investigates and reports on what matters in global energy, helping sector leaders understand the geopolitical and economic factors underpinning current events, and giving them a view on what’s coming over the horizon. Each year, 3.4m professionals use Energy Voice as a trusted source of breaking news and insight.
For more information on how you can speak to those professionals across multiple platforms to build your brand and generate actionable business leads, visit energyvoice.com/content-services.
For a 30 day free trial subscription to the Energy Voice website and app, visit energyvoice.com/subscribe.

Gigawaters season 02 - 01: The future of a substainable Scotland

The ScotWind auction resulted in nearly three times as much offshore wind as anticipated. That’s going to place unprecedented pressure on supply chains, skills and deployment.ScotWind is intended not only to help Scotland achieve its net zero goal by 2045 but also unlock billions in investment in Scotland. It's about far more than individual projects, it's about innovation, growth, long term supply chain development and Scotland’s future.
The first episode of the second season of Gigawaters sees Sustainable Growth Voice editor Felicia Jackson joined by Nick Ritchie, development director for Stromar and Richard Britton, Global Head of Offshore Wind at developer Renantis in exploring what we need to do to make that future a reality.
 

EVOL: Windfall woes and pipeline plots

Harbour Energy’s tax bill is heading into the stratosphere as the company counts the cost of the UK windfall tax. The country’s largest North Sea producer cut earnings after tax to just $8mn and warned of job cuts to come – although still managing to find scope for a shareholder pay out. 
Aberdeen Uni researchers have said the windfall tax has a number of unintended consequences, including penalising small fields and drawing out development work. 
Given these challenges, it is small wonder Harbour is working to expand in other countries, such as Mexico.  
Reports out this week have poured fresh fuel on the conspiracy theories around the Nord Stream explosions. Fingers have been pointed at Ukrainians, but information on who may have ordered such a move remains tantalisingly unclear.  
About Energy Voice
Energy Voice investigates and reports on what matters in global energy, helping sector leaders understand the geopolitical and economic factors underpinning current events, and giving them a view on what’s coming over the horizon. Each year, 3.4m professionals use Energy Voice as a trusted source of breaking news and insight.
For more information on how you can speak to those professionals across multiple platforms to build your brand and generate actionable business leads, visit energyvoice.com/content-services.
For a 30 day free trial subscription to the Energy Voice website and app, visit energyvoice.com/subscribe.

EVOL ✕ Expro: Geothermal’s time to shine

There is an appealing case to be made for geothermal to be made in terms of new baseload energy, but the technology has struggled to break through to a wider audience.
Patrick Hanson, senior geothermal development manager at Expro, and Nick Cestari, business development manager at Criterion Energy Partners, join Energy Voice editor Ed Reed to try and take on some of the opportunities and challenges in the sector.
Upfront costs might be high, but it is apparent that geothermal must play a part in the energy transition. Furthermore, a number of oil and gas skills can be applied to the sector, helping make the case for transition skills.
About Energy Voice
Energy Voice investigates and reports on what matters in global energy, helping sector leaders understand the geopolitical and economic factors underpinning current events, and giving them a view on what’s coming over the horizon. Each year, 3.4m professionals use Energy Voice as a trusted source of breaking news and insight.
For more information on how you can speak to those professionals across multiple platforms to build your brand and generate actionable business leads, visit energyvoice.com/content-services.
For a 30 day free trial subscription to the Energy Voice website and app, visit energyvoice.com/subscribe.

EVOL: New OEUK top dog, Angola Agogo, and just transition woes

Allister sat down with OEUK’s new boss, David Whitehouse, recently to ask how he plans to make the case for the sector in the face of increasing public and political opposition. It’s a tough ask, but there’s a story to tell.
In Angola, everyone who’s anyone (in subsea anyway) has won work on Azule Energy’s mammoth Agogo project, potentially signalling a new dawn for oil and gas in the West African country.
And there’s a sombre news from Fife, where dozens of workers have been let go at Harland & Wolff’s Methil fabrication yard following the collapse of an offshore wind contract. Union bosses ask, ‘where is the just transition?’
About Energy Voice
Energy Voice investigates and reports on what matters in global energy, helping sector leaders understand the geopolitical and economic factors underpinning current events, and giving them a view on what’s coming over the horizon. Each year, 3.4m professionals use Energy Voice as a trusted source of breaking news and insight.
For more information on how you can speak to those professionals across multiple platforms to build your brand and generate actionable business leads, visit energyvoice.com/content-services.
For a 30 day free trial subscription to the Energy Voice website and app, visit energyvoice.com/subscribe.

EVOL: Day Three, Subsea expo 2023

The world's largest Subsea exhibition and conference with over 6000 people from over 50 countries are expected at Subsea Expo in Aberdeen this week, and we're right here with them!
 
About Energy Voice
Energy Voice investigates and reports on what matters in global energy, helping sector leaders understand the geopolitical and economic factors underpinning current events, and giving them a view on what’s coming over the horizon. Each year, 3.4m professionals use Energy Voice as a trusted source of breaking news and insight.
For more information on how you can speak to those professionals across multiple platforms to build your brand and generate actionable business leads, visit energyvoice.com/content-services.
For a 30 day free trial subscription to the Energy Voice website and app, visit energyvoice.com/subscribe.

EVOL: Day two, Subsea Expo 2023

The world's largest Subsea exhibition and conference with over 6000 people from over 50 countries are expected at Subsea Expo in Aberdeen this week, and we're right here with them!
 
About Energy Voice
Energy Voice investigates and reports on what matters in global energy, helping sector leaders understand the geopolitical and economic factors underpinning current events, and giving them a view on what’s coming over the horizon. Each year, 3.4m professionals use Energy Voice as a trusted source of breaking news and insight.
For more information on how you can speak to those professionals across multiple platforms to build your brand and generate actionable business leads, visit energyvoice.com/content-services.
For a 30 day free trial subscription to the Energy Voice website and app, visit energyvoice.com/subscribe.

The Megawatt Hour – Episode 6: Energy storage in a 100% renewable grid

In our first episode of 2023 we dive into arguably the most important aspect of how we are going to use and deploy energy storage – the network that underpins much of our electricity and energy systems, also known as the grid. 
To discuss this, Energy Voice’s Andrew Dykes is joined by BDO corporate finance partner David Bevan and RenewableUK director of future electricity systems Barney Wharton. 
The UK already has an ambition to run a zero-carbon capable grid by 2025, and to reach 100% clean energy all the time by 2035. Energy storage will be essential to meeting those targets and ensuring greater amounts of renewable energy can be usefully deployed – but getting there will also require some changes to how we as consumers use energy, and how the grid itself operates. 
The Megawatt Hour is a special podcast series brought to you by Energy Voice Out Loud in paid partnership with BDO. 
About Energy Voice
Energy Voice investigates and reports on what matters in global energy, helping sector leaders understand the geopolitical and economic factors underpinning current events, and giving them a view on what’s coming over the horizon. Each year, 3.4m professionals use Energy Voice as a trusted source of breaking news and insight.
For more information on how you can speak to those professionals across multiple platforms to build your brand and generate actionable business leads, visit energyvoice.com/content-services.
For a 30 day free trial subscription to the Energy Voice website and app, visit energyvoice.com/subscribe.

EVOL: Day one, Subsea Expo 2023

The world's largest Subsea exhibition and conference with over 6000 people from over 50 countries are expected at Subsea Expo in Aberdeen this week, and we're right here with them!
 
About Energy Voice
Energy Voice investigates and reports on what matters in global energy, helping sector leaders understand the geopolitical and economic factors underpinning current events, and giving them a view on what’s coming over the horizon. Each year, 3.4m professionals use Energy Voice as a trusted source of breaking news and insight.
For more information on how you can speak to those professionals across multiple platforms to build your brand and generate actionable business leads, visit energyvoice.com/content-services.
For a 30 day free trial subscription to the Energy Voice website and app, visit energyvoice.com/subscribe.

EVOL: A big rig, a boardroom bluster, and a contracts conundrum

She’s here and causing a stir -  the Noble Innovator rig is now scraping the Aberdeen skyline as the largest vessel ever to dock there. 
While some see the 200-metre jackup as more of a Godzilla than a neat part of the landscape, what does the rig’s arrival mean for business in the Oil Capital of Europe? 
Elsewhere, Capricorn and NewMed’s merger has fallen flat and the board room has been purged. But well-kent face Chris Cox, formerly of Spirit Energy, is in the interim CEO chair. What’s next for a Capricorn determined for growth but can’t quite seem to get a deal over the line? 
And IMCA – a marine contractor group representing 700 companies – has hit out at “unsustainable” contracting practices in offshore wind. With huge targets to be met and an inflationary cycle on the way, they argue this could halt investment in the renewable technology just as it is needed most.  
 
About Energy Voice
Energy Voice investigates and reports on what matters in global energy, helping sector leaders understand the geopolitical and economic factors underpinning current events, and giving them a view on what’s coming over the horizon. Each year, 3.4m professionals use Energy Voice as a trusted source of breaking news and insight.
For more information on how you can speak to those professionals across multiple platforms to build your brand and generate actionable business leads, visit energyvoice.com/content-services.
For a 30 day free trial subscription to the Energy Voice website and app, visit energyvoice.com/subscribe.