Energy Voice – Out Loud

EVOL: Electrification concerns, standardisation hopes and acquisition opportunities.

Electrification has been a talking point in the industry for some time and with stumbling blocks becoming apparent for cutting offshore emissions the North Sea Transition Authority says there are “concerns targets will be missed without further action.”
 
Andre Dykes dives into the topic and talks us through the ramifications being set for high carbon emission-producing North Sea assets. Could this spell the end for older assets that will find it harder to decarbonise or will the investment be delivered to keep aging projects running?
 
Ryan Duff has been at the Floating Offshore Wind Conference in Aberdeen this week where there was one stand-out talking point, standardisation. The Energy Voice team discuss the floating wind sector and whether it is too early to standardise designs, that being said Sian Lloyd Rees pointed out at the conference that North Sea rigs settled on semi-submersible and jack-up designs just a couple of years after oil production kicked off in the region.
 
Last but not least, Allister Thomas dives into the world of mergers and acquisitions in North Sea oil and gas. The trio discuss the plethora of options for picking up stakes in assets in the region as Allister talks through the news that North Sea operator IOG will be placed into administration.
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.

Road to ADIPEC: Energy transition and gases

To be in with a chance of tackling climate change, the industry must take steps to reduce emissions.
In the near term this is going to be around using methane more responsibly, Mark Brownstein, vice president at the Energy Defense Fund, says on this episode of Road to ADIPEC.
In the longer term, though, the pressure will be on hydrogen. The industry faces a tougher task in tackling hydrogen leaks – the molecules are that much harder to contain – but reducing the carbon intensity of energy is crucial. 
 
 

EVOL Breaking news: Rosebank

The North Sea Transition Authority signed off on the ever-controversial Rosebank oil field this week and lit a tinderbox of political and environmental debate.
Energy Voice’s Allister Thomas, Andrew Dykes and Ryan Duff dived into Rosebank talking points in a special “breaking news” edition of the Energy Voice Out Loud podcast – with electrification, emissions, exports and outrage all on the agenda.
 
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: Rishi’s rollbacks

A move which has been met with wide-spread derision from the business community, Rishi Sunak has rolled back targets for the ban of petrol and diesel cars and phase out of fossil fuel boilers.
The UK is, once again, an unstable place to do business while warnings abound it will threatened climate goals, jobs and investment.
On the other end of the energy spectrum, oil and gas also remains uncertain as the “wholly unwelcome” windfall tax impacts projects and M&A.
Are things any better elsewhere? Well, yes and no. Ed Reed runs us through the latest M&A landscape in other geographies like Africa and South America.
 
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.

Sian Lloyd Rees discusses supply chain struggles

Ahead of Offshore Europe, Energy Voice's Ryan Duff caught up with Sian Lloyd Rees, the industry’s appointed supply chain champion, to discuss the issues being faced by the sector. 
 
Sian explained that “we’ve been through a number of upturns and downturns" in recent years and the “natural resilience” of the supply chain has been demonstrated.
 
She also shared some of the opportunities available to supply chain firms as the UK accelerates towards net zero as she addresses the issue of domestic offshore wind contracts being given to overseas businesses.
 
 
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.

Road to ADIPEC: Policy and finance in the road to net zero

Money makes the energy industry go round, but is it going to the right places? Oil and gas is continuing to secure financing, despite some recent woes, but not enough is going into renewable energy.
Ed Crooks, WoodMac vice chair of Americas, and Thomas Storch, managing director at Affinity Partners, settle down to mull over the challenges and opportunities of financing and policy.
The discussion around financing has too often focused on the negatives, with financiers and pressure groups flagging what is not getting support. A step forward in tackling the challenges of the energy industry would be more focus on making sure the right projects get funded, the guests on the second Road to ADIPEC episode discuss. 
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 X: Berwick Bank: The East Lothian offshore wind farm set to make ‘nearly 5,000 jobs

Berwick Bank offshore wind farm is the UK’s largest proposed offshore wind farm and is poised to create “nearly 5,000 jobs”, says project director Alex Meredith. 
Alex joins Energy Voice’s print features lead, Ryan Duff, to run the gauntlet of issues hitting the offshore wind sector at the moment and to discuss the opportunities Berwick Bank brings. 
The two talk the recent Contracts for Difference results, grid connection and the importance of creating opportunities for people to get involved in the transition to green energy. 
Berwick Bank will need a lot of people to get involved in order to bring the project to fruition and Alex believes that there will be will “pipeline of people to come through our project and develop.” 

EVOL: CfD woes, offshore energy jobs and Jubilee in Ghana!

While the UK grapples with the Contracts for Difference (CfD) results that saw no bids in offshore wind and Robert Gordon University warns of the impact lack of investment can have on jobs, Ghana the president of Ghana commissions Tullow’s Jubilee extension.
 
Last week CfD results were "record-breaking" but maybe not for the right reasons, Andrew explains. The team look to next year and discusses how results can change and what went wrong this time round.
 
Ryan dived into Robert Gordon University's Powering Up the Workforce report which warns 95,00 offshore energy jobs in the UK could be at risk if investment does not “increase significantly” across the energy sector. However, with the right amount of cash going into the sector, the county could also see a serious boost.
 
Ed explains that Ghana President Nana Akufo-Addo has officially launched Tullow Oil’s Jubilee South East project and looks into the wider-reaching economic opportunities the development, and those like it, can offer the country.
 
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.

Road to Adipec: decarbonising oil and gas

Tackling emissions will be crucial for oil and gas to play a part in the race to cut emissions. Proscovia Nabbanja, CEO of Uganda National Oil Co. (UNOC), and Ewan McKenzie, climate director at Ipieca, talk in this first episode about the challenge of tackling emissions. Countries such as Uganda see hydrocarbon revenues as crucial for development - and decarbonisation is a way for projects to compete for capital.
 
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.

Bridges and Bottlenecks 01: Net zero targets and the impact of climate change

In the first episode of this new podcast series presented by Energy Voice Out Loud in partnership with DNV, Ryan speaks to Viken Chinien, Head of the Department of Markets & Risk at DNV, and Stuart Broadley, Chief Executive of EIC, about our path to net zero and the business risk of climate change.
 
How far behind net zero targets are we? What's going wrong? And why are policymakers not facing the overwhelming facts that the energy transition is not happening at the pace it needs to be? The trio tackle these hard-hitting topics and more as Bridges and Bottlenecks starts as it means to go on. 
 
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.