Windfalls, fires and free FPSO | Energy Voice

Beating up Big Oil for bumper profits is a politically tempting exercise, particularly when energy poverty is on the rise. BP, for one, has warned of lower investment just at a time when the UK – and the northeast – most needs it. The government seems unlikely to back a windfall tax but there are political points to be scored for its backers.

A fire broke out on a Nigerian FPSO recently, another chapter of poor maintenance in the country’s energy sector. The laws may have changed on the oil industry, offering companies new incentives for exploration and production, but enforcement continues to lag.

Would it be possible to have an episode of Energy Voice Out Loud without mentioning Cambo? Not this week, that’s for sure. Hamish talks us through the possibilities around reusing FPSOs and how the industry is missing a trick by focusing on purpose built vessels over recycled.

Net Zero Workforce

NZW is a hybrid event which will take place at the Chester Hotel, Aberdeen, 29th March 2022, and which will explore the opportunities and challenges in the great energy skills transition, and connect leading corporates, educators and innovators with the workforce of tomorrow. Sponsorship opportunities for the event, where you can project your leadership on energy skills transfer, and help set the just transition agenda, are now open. Email ryan.stevenson@energyvoice.com for details.

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