Energy Voice – Out Loud

This week Hamish talks us through the decommissioning report that highlighted the wealth of opportunities for UK businesses as 70% of spending in UK waters goes to domestic firms. However, much like the wind and helicopter industries, decom is being hit with inflation. 
 
Ryan poses the question, should we set an end date? OEUK's Mark Wilson says that the country "would not forgive" the person who stopped handing out licenses. That being said, there is a lot to consider when talking about shutting down oil and gas.
 
Andrew covers the Winser report and the issues with grid connection for wind turbines. The UK seems to be trying to solve a 21st century issue with 20th century infrastructure, why haven't we addressed this issue sooner?
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.
 

Energy Voice brings you the latest from Energy Week amid a rare northeast visit from the PM himself.
First up Ryan flies in to discuss job cuts on the horizon for a North Sea helicopter firm hit hard as rising costs and windfall tax grip industry.
Allister peels back the layers of the debate around Rishi Sunak’s promises of “hundreds” of new oil licences – but amid all the noise on supply is anyone talking about demand?
Finally some good news, as Andrew reports on confirmation that the Acorn CCS project has been approved for “Track 2” government support – and what this means for Scotland and the northeast energy sector.
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.
 

Establishing its own carbon trading system in 2021 gave the UK a chance to set out what it aspires to from this market-based approach to tackling emissions.
As Finlay Walker, corporate trader at Vertis Environmental Finance, explains in this episode of EVOL X that around 750 installations must comply with this ever-tightening framework.
Speaking in May 2023, Walker explained how the smaller UK market provides fewer signals, with a divergence from the larger European market. 
 
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 majors are back in the headlines this week with their Q2 results, and we’re back to talk them over.
Ryan dives into Shell’s finances, and gets into updates on their North Sea projects like Penguins and Brent Charlie.
Ed then runs down the latest from TotalEnergies – spending bank on renewables and perhaps taking a longer-view approach than some rivals?
Allister then heads north of the wall to Ardersier to discuss one of Scotland’s biggest projects to get after the upcoming floating wind opportunity. 
 
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.

It’s the end of the road for the ExxonMobil’s Zafiro Producer FPSO after the old girl arrived in Denmark for scrapping atop the Boka Vanguard, much to Ed’s excitement. For the US supermajor, it’s a continuation of its wind down in Equatorial Guinea.
There could soon be a new player on the UK’s turbine manufacturing block, as China’s Mingyang looks to capitalise on the North Sea’s offshore wind boom.
And as for the CCS updates in the UK, well, there aren’t any – and frustration is growing. Westminster has been told to get a move on and fund the Acorn project, before its too late.
 
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 rapid expansion of energy storage is of course great news for our ability to deploy and use renewable energy – but doing so is not without its own challenges.
Batteries require raw materials from all across the world and an ever more complex supply chain; pumped storage sites require major changes to land use and access; and what can we do with facilities or assets that reach the end of their life – is it better to re-use, recycle or decommission?
And how do developers and investors ensure their commitments meet ever stricter guidance when deciding which projects to pursue?
Sorting the E’s from the SG’s is Professor Simon Pringle, who heads up the newly created Sustainability and ESG Hub at BDO and Peter Kavanagh, the chief executive and founder of developer and asset operator Harmony Energy.
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.
 

Oh no you don’t, partners in the Forties project have said to Apache, in response to its accelerated plans to decommission the field. Inflation is rising, as are tempers, and the whole complicated mess is likely to go back to court for more arguments.
The Southern North Sea has proved a rollercoaster ride this week. Hopes were raised after Deltic Energy reported a bullish reserves upgrade at the Pensacola discovery, only for Shell to ditch a neighbouring licence, crushing Reabold Resources hopes for a similar find. 
Meanwhile, in Nigeria, new President Bola Tinubu has stamped his authority on competing regulators, which should reduce the number of times ExxonMobil is accused of theft. However, with oil theft still a major problem, can the president find as simple a fix for the Niger Delta and its lost revenues? 
 
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.
 

Taking time out of their busy schedules posting on Threads this week, Allister, Ed and Andrew tackle some pressing safety concerns.
Allister discusses freedom of information data from the Health and Safety Executive (HSE) which flagged serious maintenance backlog and safety issues found at 15 North Sea platforms.
Meanwhile Andrew boards the ‘dark fleet’ of tankers shipping illicit crude around the world, with potentially disastrous consequences.
And Ed considers whether the Abu Dhabi National Oil Company (ADNOC) warrants a name change as its CEO gears up to preside over the COP28 climate conference later this year.
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.
 

For many when they think of the dark web images of shady hackers in black hoodies staring at walls of text in a darkened room spring to mind.  However, Jim from Searchlight Cyber joins Energy Voice Out Loud to explain why the energy sector should be paying attention and what those in the industry can look out for.... be ready for a ton of acronyms.
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.
 

Eni’s megadeal for Neptune Energy leads this week’s podcast as the team mulls the $5bn merger.
Exploration is also on the agenda in light of a recent Committee on Climate Change report which said the UK has lost its leading policy position.
And speaking of the Just Transition, we take a look at Senegal which has joined an initiative with the UK, France, Germany, the European Union and Canada.
Also to note: Ed Reed is our Emerging Markets editor now – Mr Worldwide – or is that Pitbull? I feel a collab coming...
 
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.