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Saturday, December 21, 2024

Energy Security News

Tina Revsbech (Photo: Maersk Tankers)

Maersk Tankers Names Revsbech CEO

commercial record. She has worked and lived on three continents with an ability to develop strong customer relationships, build high performing teams, and address global supply challenges through innovative shipping solutions."Tina joins Maersk Tankers at a crucial time in shipping with energy security disrupted and global energy markets increasingly fragmented due to geopolitical developments. At the same time, the industry is facing the beginning of a green transition with implications and opportunities for many parts of the value chain. I am confident that Tina and her colleagues will continue

©Julian/AdobeStock

Investments in Hydrogen, Platform Electrification, and CCS Could Create 26,000 New Jobs in UK by 2030

oil and gas while also enabling offshore oil and gas companies to deliver low-carbon energy production, also including offshore wind," OEUK said.RGU looked at three investment scenarios to work out how many jobs the deal might create by 2030. It found that if the UK government’s British Energy Security Strategy targets were met then, by 2030, the UK would be: Storing 30 million tonnes of CO2 underground each year; Producing 10 gigawatts of hydrogen (roughly equivalent to 10 large power stations); Running 10 offshore oil or gas platforms on low-carbon electricity; and Employing up to 26,000

© nuttawutnuy / Adobe Stock

UK Offshore Wind Workforce Growing to Meet Demand -Report

major leasing round announcements by The Crown Estate (8GW) and Crown Estate Scotland (25GW of ScotWind).Another significant factor is the move to annual auctions for Contracts for Difference (previously held every two years), to speed up our transition to renewable power and boost the U.K.’s energy security.The study also shows that the percentage of women working in offshore wind has increased slightly from 18% reported a year ago to 19.25%, which is welcome but the industry still has some way to go before reaching its target of 33% by 2030.  Apprentices make up 2% of the workforce, an increase

Tim Duncan - Credit: Talos

Talos CEO Becomes Vice-Chairman of U.S. Offshore Industry Body NOIA

life for society. Even among unprecedented global uncertainty, the world will continue to need safely and reliably produced oil and natural gas and wind energy.” NOIA Chairman Galen Cobb said, “The American offshore energy industry is a tide that lifts society. We provide good jobs, energy security, technological innovation and a dedication to safety and the environment. Tim’s experience and leadership will be invaluable as NOIA continues to advocate for an irreplaceable industry.” Newly-confirmed NOIA Vice Chairman Tim Duncan, who led his company to Zama - one of the

EnQuest to Axe 530 Jobs in UK

be reduced by 10-20%, compared to expectations at the start of the year, to around £6-7billionOGUK has also warned that drilling activity this year could be down by 50% on 2019 levels – pushing activity levels to record lows, and the industry body has called for urgent action to protect energy security, jobs, and energy regions

Illustration; Image by wanfahmy / AdobeStock

UK: Around 30,000 Offshore Oil & Gas Jobs at Risk

be reduced by 10-20%, compared to expectations at the start of the year, to around £6-7billionOGUK has also warned that drilling activity this year could be down by 50% on 2019 levels – pushing activity levels to record lows, and the industry body has called for urgent action to protect energy security, jobs, and energy regions."The position of many areas of the supply chain is increasingly fragile. Revenues and margins across the supply chain are expected to fall by 20-30 percent, on top of reductions seen during the last downturn. The impact on businesses will vary depending on their

Frank Ketelaars (Photo: DNV GL)

Ketelaars Takes the Lead for DNV GL - Oil & Gas in the Americas

said: "DNV GL has delivered some of the oil and gas industry's most progressive and technically complex projects across the Group's regions.”    Reducing dependence on imports is a key driver for the energy transition in North America. Large shale gas reserves have enhanced energy security, enabling the substitution of coal-fired power plants with gas-fired capacities and complementing the shift to renewables. Liquefied natural gas (LNG) terminals will diversify sources of import and boost exports. Unconventional onshore gas will retain an important share of supply in North America

C-CORE Seeks New President & CEO

to join its team as President & Chief Executive Officer in St. John’s, Newfoundland & Labrador.   Headquartered at Canada’s Memorial University, C-CORE is active around the world providing client-focused, practical, innovative solutions to organizations in the natural resource, energy, security and transportation sectors.   As leader of the organization, the company’s  new President & CEO will direct a team of more than 70 scientists, engineers and other professionals, and will be charged with developing and implementing C-CORE’s strategic plan and

U.S. Secretary of Energy Ernest Moniz

U.S. Energy Security: Maritime Infrastructure Investment is a Key, says Moniz

The maritime industry was front and center yesterday in Washington, D.C., as “getting more oil on the water” was touted as one piece of the puzzle in ensuring future U.S. energy security, said U.S. Secretary of Energy Ernest Moniz. Sec. Moniz spoke yesterday at the U.S. Energy Information Administration (EIA) 2015 EIA Energy Conference at the Renaissance Downtown Hotel in Washington, DC. Building U.S. energy security via a strategic evaluation of the U.S. Strategic Petroleum Reserve  (SPR) was central to his comments, noting  that the size, shape, release triggers and distribution

Rex W. Tillerson (Photo: Exxon Mobil)

Exxon CEO: Lifting Crude Export Ban Would Create US Jobs

Scrapping a decades-old ban on U.S. crude oil exports would spur job creation and boost energy security by encouraging new investment that lifts production, Exxon Mobil Corp's chief executive said on Thursday. Chief Executive Officer Rex Tillerson, speaking to a business group, said trade restrictions should also be lifted for exports of liquefied natural gas, or LNG, which are subject to lengthy regulatory reviews. Dozens of companies are lining up to export LNG and a superlight type of crude oil known as condensate as U.S. output of oil and gas has surged to a 25-year high, thanks to advances

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