Perenco completes Leman South and Durango subsea decommissioning
Perenco UK has completed the plugging and abandonment of the Leman South and Durango subsea wells in the Southern North Sea, recovering their associated subsea infrastructure through a single offshore campaign. The work covered Leman South well 53/02a-15Y and Durango well 48/21a-4z. Perenco delivered the campaign with decommissioning contractor Petrodec, part of the Dixstone group, […]
Energy complexity hampers business budgeting and investment, EDF survey finds
Almost half of UK businesses surveyed by EDF say increasing complexity in managing energy supplies and costs is making budgeting harder, despite widespread confidence in their ability to handle price volatility. The research found that 86% of respondents felt confident managing energy price movements, while 74% said managing their supplies and costs had become more […]
NEP and Net Zero Teesside Power award £2.1bn to UK suppliers
Northern Endurance Partnership (NEP) and Net Zero Teesside Power have awarded more than £2.1 billion to UK suppliers as construction of their carbon capture and storage projects progresses, according to NEP’s 2026 Progress and Impact Report. The projects have placed 300 UK subcontracts, with more than half of supply-chain content sourced domestically. Together, they are […]
EU Arctic strategy prioritises subsea cables, energy links and security
The European Commission and the EU’s foreign policy chief have presented an Arctic strategy proposing stronger protection for subsea infrastructure, expanded icebreaker capacity and closer integration of northern energy and transport networks with European markets.… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Ayvens adds mobile battery charging to help fleets work around power constraints
Ayvens customers will gain access to Fellten’s containerised Charge Qube battery and charging systems. The equipment can supply rapid charging from stored electricity, helping fleets manage sites with restricted connection capacity. Commercial value depends on vehicle schedules, daily energy needs and the time available to recharge the battery. Ayvens has partnered with British battery storage […]
Exxon flags $4.5 billion refining uplift as fuel disruption reshapes earnings
Stronger refining margins are expected to add $4.5 billion to ExxonMobil’s Q3 earnings compared with the previous quarter. Lower liquids prices will weigh on upstream earnings, illustrating the divergence between crude and finished-fuel markets. The preview is not a forecast of total profit, while the benefits enjoyed by US refiners cannot be assumed across Europe. […]
Burnham promises imminent North Sea decisions as ministers stress legal caution
Ministers have reinforced expectations of decisions on Jackdaw and Rosebank, but announced no approval on 16 October. Earlier consents were found unlawful because environmental assessments omitted emissions from burning the fuels. The eventual decisions will affect offshore investment confidence, while domestic production offers limited protection from international prices. Prime Minister Andy Burnham has said decisions […]
Biomethane deadline extension takes effect, with shorter support for later projects
Eligible projects now have until March 2030 to commission under the Green Gas Support Scheme. New stage-one applications still close in March 2028, while support for later-stage projects ends by March 2043. Developers gain construction flexibility but must assess the value of a shorter payment period and the conditions attached to existing applications. Britain’s extended […]
Ofgem approves £642m for Bramford–Twinstead East Anglia grid upgrade
Ofgem has approved £642.1 million for National Grid Electricity Transmission’s Bramford–Twinstead grid reinforcement, after cutting £60.6 million from the company’s requested funding allowance. The decision, announced on 19 October 2026, supports an upgrade to the electricity transmission network between Suffolk and Essex. The project will provide capacity for more low-carbon and renewable generation in East […]
Serica Energy cuts production forecast as Triton restart slips to late November
Serica Energy has lowered its 2026 production forecast after a further delay to the restart of the Triton production vessel, where maintenance is now expected to last around four months rather than the two originally anticipated. The UK North Sea producer said on 19 October that annual output would average just below 40,000 barrels of […]