Energy

Power Generation News – April 2017

The UK has seen a huge growth in wind farm installations, with the cumulative offshore and onshore wind installed capacity in the UK in 2016 recorded at 12.1GW, according to Wind Europe’s Wind in Power: 2016 statistics report.   Because of a lack of energy storage, the UK electricity grid is unable to handle the large amounts of intermittent electricity created by renewable sources like wind farms during times of low energy demand. Too much or too little power can throw off the ... Read more

Oil & Gas News, March 2017

Ineos, the petrochemicals group, is in talks with BP to buy the Forties pipeline system, one of the most strategically important pieces of infrastructure in the North Sea.   The Forties network is made up of about 100 miles of pipeline and handles around 450,000 barrels of oil a day equivalent to 40 per cent of UK production —from 80 different oilfields.   A sale of the pipeline system would complete BP’s withdrawal from assets that once formed the heart of its operations after North ... Read more

Power Generation News, March 2017

A fourth phase of a wind farm straddling the boundary between the Borders and East Lothian is being considered. It would take the total number of turbines at Crystal Rig in the Lammermuir Hills to over 100. A briefing note on the latest proposal for a further 11 turbines has been submitted to Scottish Borders Council. Developers Fred Olsen Renewables said it was an “ideal location” to help meet renewable energy targets. When the original 25-turbine Crystal Rig development became operational in ... Read more

Oil & Gas News, February 2017

A new research and development facility has opened in Aberdeen to help breathe new life into the struggling North Sea oil industry. The Oil and Gas Technology Centre will partly fund the work while also acting as a bridge between small tech firms and the big oil producers. Oil supply company Mistras has been developing technology more commonly used to enable expectant mothers to see their babies. The ultrasound scanners, complete with cold jelly, are being used to detect corrosion in pipes. ... Read more

Power Generation News, February 2017

The Scottish government has approved plans to increase the size of a South Lanarkshire wind farm.  Hamilton-based Banks Renewables has received permission from the Scottish government’s Energy Consents & Deployment Unit (EDCU) for its Kype Muir Extension wind farm, south of Strathaven.   The 15 turbine, 51MW, expansion will increase the total capacity at Kype Muir to 139MW and turbine population to 41.   ____________________     Energy bills are set to rise for manufacturers in the face of a new government initiative, which promises reliable resources of ... Read more

Oil & Gas News, February 2017

Royal Dutch Shell has agreed to sell $3.8bn (£2.46bn) worth of North Sea assets to oil exploration Firm Chrysaor as part of continuing cost-cutting measures. Shell is aiming to sell $30bn of assets by 2018 as seeks to reduce its debts following its takeover of BG Group.   The oil giant is also to sell its stake in a Thai gas field for $900m. Shell’s interests in Buzzard, Beryl, Bressay, Elain-Franklin, J-Block, the Greater Armada cluster, Everest, Lomond and Erskine – plus a ... Read more

Power Generation News, February 2017

Norwegian oil giant Statoil has taken on a strategic partner as it prepares to build the world's first floating wind farm off the east coast of Scotland.  It has agreed to sell 25% of its assets in Hywind Scotland Pilot Park to Abu Dhabi renewable energy group Masdar. Statoil said the 30MW wind farm, which will lie about 15 miles from Peterhead, could power 20,000 households. Under the transaction, Statoil and Masdar have agreed to share the development risk, with Masdar covering ... Read more

Evolution of reshoring in the plastics industry heading into 2017

Last spring the UK experienced a growth in reshoring manufacturing, following the industry trend in North America. 18 months later, how has this evolved and what will be the impact of Brexit? Family-run, UK plastic injection moulding company Pentagon Plastics have continued to experience a resurgence in reshoring. Over the last year they have welcomed an increase in enquiries from customers that have previously used overseas suppliers. Paul Edwards, Managing Director, highlights that companies looking to bring their manufacturing back to the UK ... Read more

On The Road To Reshoring

Reshoring got top billing a couple of years ago when Prime Minister of the day David Cameron launched a government-backed reshoring initiative. This saw UK Trade & Investment and the Manufacturing Advisory Service (MAS) form ‘Reshore UK’ (https://is.gd/dizale). That was January 2014 and the initiative is no longer; just like MAS. Today we have ‘Growth Hubs’ and local enterprise partnerships (LEPs), but a search for ‘reshoring’ at the LEP network website (https://is.gd/zehipa) delivers no related returns. So it is left to small trade association ... Read more

Oil & Gas News, January 2017

Spending by US oil and gas companies is expected to rebound sharply this year as the industry responds quickly to the upturn in crude prices in recent months. While the overall recovery in the global oil and gas industry is still sluggish, capital spending in North America will rise 27% this year, according to Barclays, based on a survey of more than 200 companies. The projections suggest that the larger US exploration and production companies will raise spending on drilling and completing wells ... Read more
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