Michael Behr

1 week ago | energyvoice.com | Michael Behr

EnQuest has warned that falling commodity prices have increased pressure on the UK government to scrap the windfall tax on energy company profits. An operations update from the company said that it will make a payment of around $100 million under the Energy Profits Levy in June 2025. It added that the majority of the group’s tax payments will be made in the first half of 2025.

1 week ago | energyvoice.com | Michael Behr

Wood has secured a contract from Emirati chemicals company TA’ZIZ to provide project management consultancy (PMC) to develop the UAE’s first methanol production facility. Construction of the site in Al Ruwais Industrial City, Abu Dhabi is expected to be completed by 2028. Once finished, the plant will be one of the largest methanol plants in the world, producing 1.8 million tonnes per year.

1 week ago | energyvoice.com | Michael Behr

UK energy consultancy Penspen will open a new office in Aberdeen after moving from its long-standing base at Queen’s Gardens. The company will site its new north east base at the Balmoral Business Park in Altens three miles south of the city centre. In addition to providing a home for the company’s 200 specialist engineers, it will support Penspen’s pipeline of energy security and energy transition projects while also creating space for future expansion.

1 week ago | energyvoice.com | Michael Behr

Aberdeen-based Wood has secured A$3 billion (£1.4bn) of contract awards across Asia Pacific in the past 12 months, making for a record-breaking year for the company in the region. Wood received new contracts along with extensions and renewals to advise, design, execute and operate major energy and mining projects and infrastructure across Australia, Brunei, Papua New Guinea, Singapore, Timor Leste and the Philippines.

1 week ago | energyvoice.com | Michael Behr

John Swinney has said there is no “surprise” in Donald Trump’s calls for oil drilling in the North Sea to be incentivised, insisting that his government is “absolutely committed” to its net zero targets. Scotland’s first minister was speaking after the US President claimed that stopping “unsightly windmills” and drilling oil instead would bring the UK’s energy costs “way down”.