In the News – Supporting the gas2wire….cleaner2greener™ initiative
With focus on the possible synergies between offshore wind and oil and gas, Gas2Wire was highlighted as one of five energy integration technologies being studied.
Category: Transition
The Energy Transition – Meeting Future Demand (Part 2)
In the news – Supporting the gas2wire….cleaner2greener™ initiative
The cleaner2greener™ initiative, which starts with Gas2Wire can deliver on all three of the levers set out in the IGU report.
The Energy Transition – Meeting Future Demand (Part 1)
In the news – Supporting the gas2wire….cleaner2greener™ initiative
The International Gas Union (IGU) highlights that one consistent theme around the world is the growth of natural gas.
The Energy Transition – It’s got to be Gas
In the news – Supporting the gas2wire….cleaner2greener™ initiative
The Times published an article, entitled “Why oil giants still say it’s got to be gas”.
The Energy Transition – Gas Must Play a Role
In the news – Supporting the gas2wire….cleaner2greener™ initiative
Gas must continue to play a role in providing a reliable and flexible energy supply for the UK
Gas-to-wire and the energy transition outlook to 2050
On the 18th September 2019 DNV GL released its Energy Transition Outlook – 2019. The study analyses the progression of the energy mix as the world transitions to a lower carbon future.
‘Gas-to-wire’ opens options for declining or stranded gas fields – Offshore Magazine
Source: Offshore Magazine – September 2019 ‘Stranded offshore gas fields are what they are because of the challenges involved in bringing the resource to market. Shell and Petronas have had some success with floating LNG on mid-size fields off Australia and Malaysia. But other FLNG projects have collapsed after hitting financial and regulatory roadblocks. MFDevCo…
A discussion on gas-to-wire equipment and risk
In this interview MFDevCo’s Developments Manager, Mick Hibbert, and Technical Manager, Peter-Giles Robinson, discuss how gas-to-wire solutions use existing infrastructure and standard equipment to reduce cost and risk. The oil and gas industry has a reputation for being relatively risk-averse, would you agree? MH: Exploring and operating offshore requires significant investment, operators and investors need…
OGA Podcast – The Energy Transition
I have listened to the Oil and Gas Authority’s podcast, titled “The Energy Transition”, released on the 4th July 2019 and I highly recommend giving it a listen. While I’m not able to summarise it fully, I’d like to describe a few points I think are especially important. The discussion begins by trying to define…
Financing gas-to-wire
On this forum we’ve talked about why gas-to-wire (GTW) projects are technically viable and desirable from regulators. In this post we discuss why GTW is financially attractive for investors. The following conversation recorded in Manchester, Einar Antonsen (former partner at Fearnley Securities and currently Non-Executive Director of MFDevCo) and Damian Minty (CFO – Nu-Oil and…
‘cleaner2greener’ path to a lower carbon future
There are clear calls for and a push towards a cleaner energy future, but it is also generally acknowledged that the huge and growing demand for electricity in the UK cannot yet be reliably delivered by renewable energy sources alone. Therefore, a transition period is necessary, during which it makes sense to maximise the use of gas, the cleanest fossil fuel, while further work is undertaken on the development of cost-effective renewable generation and storage technologies.
UK commits to zero carbon emissions by 2050
On Wednesday the UK government announced its ambition to eradicate the country’s contribution to global warming entirely by 2050. The statutory instrument laid before parliament introduces a legally binding net zero target for carbon emissions by the middle of this century. The UK becomes the first country in the G7 to legislate for net zero emissions and encouraged other major economies to follow their lead.