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Oil And Gas Basin News

05 Dec 2023

16,000 Extra Workers Needed in UK’s Offshore Wind Sector by 2030

Source: ECITB

A new labor forecasting tool (LFT) is predicting around 16,000 additional workers could be needed in the UK’s offshore wind industry by 2030, and 12,000 extra workers will be needed specifically for carbon capture and hydrogen projects by 2027. It also highlights a significant increase in demand for workers in the West of Shetland oil and gas basin.The new resource, the first of its kind to focus on the engineering construction industry (ECI), provides insights into workforce numbers across regions and sectors…

07 Apr 2023

Scotland's New First Minister Yousaf Visits Port of Aberdeen

©Port of Aberdeen

Scotland's new First Minister Humza Yousaf and Just Transition Secretary Màiri McAllan this week visited Port of Aberdeen's £400 million South Harbour expansion.According to Port of Aberdeen, the duo heard firsthand how the port "supports Scotland's Just Transition and creates new opportunities in energy, trade, decarbonization, and tourism."Senior leaders from the port, Aberdeen & Grampian Chamber of Commerce, Energy Transition Zone and Opportunity North East met with Yousaf and McAllan to discuss the economic opportunities and challenges facing the region's key industries…

01 Mar 2022

OpEd: Time To Shine for US Offshore Wind

© Fokke / Adobe Stock

It is clear only a few weeks into 2022 that this year can be a watershed moment for American offshore wind. The Department of the Interior has positioned 2022 to be a record year in terms of offshore wind lease offerings and project greenlights.At the end of 2021, the Bureau of Ocean Energy Management (BOEM), the regulatory agency responsible for offshore wind lease sales, released the document, Offshore Wind Leasing Path Forward 2021–2025. The document maps out potential new wind lease sales.

23 Mar 2009

UK Oil, Gas Exploration Faces Collapse

According to a March 19 report from Dow Jones & Company, Inc., investment and exploration in the U.K. North Sea oil and gas basin could collapse this year because of high costs and a funding drought, said the head of the country's oil and gas industry lobby. Investment could have halved within two years and exploration and appraisal of new reserves in 2009 could fall to a third of the 2008 level, Oil and Gas U.K. Chief Executive Malcolm Webb told a special session of the U.K. parliament's Energy and Climate Change Committee in Aberdeen, Scotland. (Source Dow Jones & Company, Inc.)