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  • Industry invests £600,000 to support acceleration of the UK energy transition

    03 September 2024

    Companies operating in the UK energy sector are backing the University of Aberdeen’s research into the Energy Transition to the tune of £600,000 to support the creation of a new research initiative focused on decarbonising the oil and gas sector and advancing the shift to clean energy....

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  • NSTA considering whether to name operators failing to meet decommissioning targets

    30 August 2024

    Investigation details into potentially substandard performance among North Sea operators could soon be reported to focus momentum on the energy transition and ensure a level playing field for licensees. It is also hoped that, if the proposals are enacted, companies will be more motivated to fulfil their decommissioning obligations which will, in turn, benefit the supply chain by providing decommissioning contracts....

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  • Fire at Danish oil refinery brought under control

    27 August 2024

    A fire broke out at the Crossbridge Energy refinery in Fredericia, Denmark on 25 August before being brought under control after a few hours. The facility in the southeast of the Jutland peninsula supplies more than 35% of Denmark’s entire consumption of liquid fuels for shipping, aircraft, cars, tractors and lorries....

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  • Offshore natural gas pipeline explosion kills contractor

    20 August 2024

    An offshore natural gas pipeline explosion killed one person near the city of Venice, Louisiana on 17 August. Louisiana State Police was informed of an offshore explosion, fire, and report of a missing person in a marsh area near Venice in Plaquemines Parish at around 20:00 local time....

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  • Oil tanker explosion kills five, injures 15

    09 August 2024

    An explosion aboard an oil tanker off the Indonesian coast killed five crewmembers and injured 15 others on 7 August. The incident happened as the tanker was sailing near the island of Tepekong near the eastern coast of Bali, authorities said....

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Changes to North Sea profits levy could sound death knell for industry, new report claims 06 August 2024

The UK government’s announcement of further changes to the Energy Profits Levy (EPL), a windfall tax aimed at oil and gas companies operating in the North Sea, could paralyse upstream investment for the duration of this parliament if implemented in the October budget, according to new research by energy research and consultancy firm Wood Mackenzie....

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Decommissioning company fined £3m after one man died and another seriously injured 26 July 2024

A recycling company has been fined £3 million after a man died and another was seriously injured while decommissioning a North Sea gas rig. The incident happened while the two men were working for Veolia ES (UK) Limited at an onshore facility in Great Yarmouth....

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Equinor releases second quarter 2024 safety results 23 July 2024

Equinor has released it safety results for the second quarter of 2025 which show the energy major’s long-term safety trend continues to move in a positive direction. The total number of serious incidents and injuries per million hours worked has never been lower than at the end of the second quarter, measured over the previous twelve months....

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UK Health & Safety Executive issues major accident warning to offshore firms 22 July 2024

The UK’s Health & Safety Executive (HSE) is urging offshore companies to better consider human factors on offshore installations after the regulator recently issued oil firm Apache with an enforcement notice. The HSE issued the notice after inspectors formed the opinion that the company failed to fully consider human factors as part of its plans to prevent a fire and explosion on its Forties Delta platform in the North Sea....

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Offshore gas boom in Southeast Asia, $100 billion forecast by 2028 19 July 2024

Offshore gas production in Southeast Asia is poised to unlock a $100 billion (£77bn) potential, driven by a flurry of planned final investment decisions (FIDs) expected to materialise by 2028, according to latest analysis from research and energy intelligence company Rystad Energy....

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