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Offshore oil rigs, possibly operated by foreign firms, are silhouetted against a dramatic sunset sky with dark clouds. The sun casts a reddish glow on the water as several birds fly near the North Sea oil platforms. @ stockmark.it

Petrofac on the Brink North Sea Energy at Risk as Government Monitors Collapse

Petrofac, one of the United Kingdom’s leading offshore oil and gas contractors, faces a critical juncture as it scrambles to secure its financial future. The Aberdeen-based company, employing 2,000 skilled

A row of wind turbines stands in the ocean against a clear blue sky. The deep blue water reflects the bright day, and a boats wake leads towards the turbines, reminiscent of navigating through the complexities of the stock market.

Renewable Energy8 months ago

The impact of rising costs on the UK offshore wind energy sector

The UK’s ambitious plans to expand offshore wind energy capacity have faced a significant blow as the Danish energy firm Ørsted announced the cancellation of its Hornsea 4 project. The

An offshore oil drilling platform illuminated at dusk, surrounded by cranes and industrial structures, with calm water and the evening sky in the background. @ stockmark.it

Oil Exploration1 year ago

Shell and Equinor Join Forces to Create North Sea Oil and Gas Powerhouse

In a landmark deal announced today, Shell and Norwegian state-owned Equinor have revealed plans to merge their UK oil and gas assets, establishing what is set to become the largest

All posts tagged in offshore energy

Petrofac on the Brink North Sea Energy at Risk as Government Monitors Collapse

The impact of rising costs on the UK offshore wind energy sector

Shell and Equinor Join Forces to Create North Sea Oil and Gas Powerhouse

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