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SHOCKING: 7 | Mind Blowing Facts

North East deals of the week: key contracts, acquisitions and investments

Companies to feature in this week's round-up include TechnipFMC, Blueocto, Polar Krush and Steelcraft

Birmingham Post

Tyneside offshore firm TechnipFMC wins deals worth more than $150m

The Walker oil and gas business, which has global bases, has won the contracts with Equinor for work on the Norwegian Continental Shelf.

Birmingham Post

Science Museum sponsorship deal with oil firm included gag clause

Exclusive: museum in London agreed to take care not to say anything that could damage sponsor Equinor’s reputation

The Guardian - UK

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'Brass neck': Oil lobby calls for windfall tax to be dropped as firms make billions

THE oil lobby has been accused of a “brass neck” after calling for the windfall tax to be scrapped just days after energy firms reported…

The National (Scotland)

Activists target oil and gas giant's HQ after firm posts huge profits

Equinor's 2022 profits were a staggering £23.8bn ($28.7bn) compared to the £7.1bn ($8.6bn) they made in 2021.

The National (Scotland)

Britain’s biggest gas supplier accused of ‘profiteering’ from energy crisis

Climate campaigners hit out at Norwegian state-owned Equinor’s record £62bn profits as household bills rise

The Guardian - UK

Latest North Sea wind farm plan could power Humber hydrogen production as Equinor and SSE unite

Fourth addition to Dogger Bank could help in the Energy Estuary decarbonisation

Birmingham Post

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Equinor awards major contracts for H2H Saltend hydrogen production project

Linde companies selected to take hydrogen production plan forward

Birmingham Post

Davos 2023: Is the EU energy crisis affecting the green transition?

The energy and cost of living crises were on top of the agenda at this year's World Economic Forum in Davos. Has the rush to cut off Russian fossil fuels helped or hindered European efforts to transition to green energy? We speak to Anders Opedal, the head of Norwegian energy…

France 24

Higher energy bills are here to stay, says oil boss

Prices will be less volatile but are unlikely to return to levels seen before energy crisis caused by Ukraine war, says Equinor chief executive

Evening Standard

Higher energy bills are here to stay, oil company boss warns

Annual bill for British homes is currently around £2,500 on average

The Independent UK

Higher UK energy bills here to stay, warns oil company boss

Equinor chief says bills won’t return to levels seen before Ukraine invasion given windfall taxes and move to greener energy

The Guardian - UK

UK Government urged to reject ‘climate-wrecking’ Rosebank oil field plans

It is thought to be the biggest undeveloped oil and gas field in the North Sea, with potentially 500 million barrels

Insider UK

SSE expands Humber hydrogen storage plans to production and power generation 'pathfinder'

Big plans revealed for the topside of East Yorkshire salt caverns

Birmingham Post

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Insider UK

Oil and gas operators fined as part of emissions crackdown

EnQuest, Equinor and Spirit Energy receive penalties worth £265,000

Birmingham Post

Humber carbon capture power station given go-ahead in UK first for Net Zero technology

Keadby Three from SSE Thermal and Equinor is awarded development consent order

The Independent UK

1st US floating offshore wind auction nets $757M off Calif

The first-ever U.S. auction of leases to develop commercial-scale floating wind farms in the deep waters off the West Coast raised $757 million in bids, from mostly European companies

Newcastle Herald

Green light for offshore wind collaboration

The Foreign Investment Review Board (FIRB) has granted approval for Norwegian energy company Equinor to invest in Oceanex's NSW offshore wind project entities.

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The National (Scotland)

Campaigners call for end to fossil fuel subsidy as windfall tax increases

THE UK Government’s move to increase the windfall tax on oil and gas companies "makes little difference" when it comes to…

The National (Scotland)

Norway halts new oil field in Arctic – could Rosebank be next to be scrapped?

NORWEGIAN state-owned energy company Equinor has announced it is postponing an investment decision on a new oil field in the Arctic.

Insider UK

Sturgeon urged to reject Rosebank oil field plan at COP27

Activist calls on First Minister to make similar statements to those against the Cambo site last year

Daily Mirror

UK's bulk-buy gas deal with Norway breaks down with winter electricity blackout worries

The 20-year, multi-billion pound deal with gas firm Equinor would have met Britain's energy needs against the risk of shortages over the winter months

Birmingham Post

Centrica and Equinor sign agreement for East Yorkshire hydrogen hub

The energy giants have joined forces to explore low-carbon hydrogen production

The Guardian - UK

Britain faces £100m loss over drilling at biggest new oil field, says research

Norwegian firm wants to develop Rosebank field in North Sea but Sunak’s tax break for fossil fuel producers could cost UK dear

Newcastle Herald

Victoria blows investment dollars to the Hunter

The Victorian government's plan to create a state-owned power industry could be a windfall for private investment in regions such as the Hunter, the head of offshore wind company Oceanex believes.

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