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Chevron Corp. (NYSE: CVX) will exit the U.K. North Sea, ending its 55-year presence, to streamline its portfolio amid a $53 billion acquisition of Hess Corp. (NYSE: HES).
Electricity generated on Shetland could be used to fuel the proposed Rosebank field, instead of homes
North Sea developments aren’t about lowering bills or securing energy supplies – they’re just business as usual, says Tessa Khan, director of Uplift UK
http://shet.news/jid82 Copied! SHETLAND doesnât do small. When Sullom Voe Terminal was at full production in the 1980s it was the largest oil export terminal in Europe. Twenty years later, plans were drawn up for the largest and most productive onshore wind farm in Europe. With that particular wind farm in the early stages of being built, the next mega project emerges over the horizon. And this time it is not just big – it also has the calibre of being âtransformationalâ and promises to launch Shetland into the net-zero era, albeit on a massive industrial level. 13 of...
Updated: 11/02/2021, 11:54 am © Shutterstock / Cegli Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up to our newsletter. Something went wrong - please try again later. Sign Up With crucial COP26 climate talks in Glasgow on the horizon, the coming 10 months promise to be hugely important for establishing renewable energy targets for the UK oil and gas sector, top industry analysts and finance experts believe. Andrew Reid, partner at market research and consultancy firm NorthStone Adv...