Energy News and Jobs - Weekly Roundup - 25th November 2022
Energy Jobline
Hit the REGISTER button below ??, create a free profile, and be visible to employers and recruiters globally. - #HIRING
Welcome to the Energy Jobline weekly news roundup of all the top stories for the week ending November 25th 2022, across all sectors of our industry.
Please?+SUBSCRIBE?to our LinkedIn newsletter 'Energy Newsline' to receive a notification every time we publish new content.
OIL AND GAS NEWS
UK oil and gas sector faces $24 bln bill to plug old wells
British North Sea oil and gas producers will spend around 20 billion pounds ($24 billion) on dismantling over 2,000 unused wells and facilities in the ageing basin over the next decade, an industry group said on Tuesday.
The cost burden for plugging wells and removing platforms, in what is known as decommissioning, is set to rise sharply over the next three to four years as more fields stop production, Offshore Energies UK (OEUK) warned in a report.
The growing bill coincides with British finance minister Jeremy Hunt's?decision last week?to increase a windfall tax on North Sea producers to 35% from 25%, bringing total taxes on the sector to 75%, among the highest in the world.
OEUK estimates around 2,100 North Sea wells will be decommissioned over the next decade at an average cost of 7.8 million pounds per well, for a total of 19.7 billion pounds.
The proportion of spending on decommissioning in companies' budgets is set to rise from 14% in 2022 to 19% by 2031.
Over 75% of total decommissioning spend will be within the central and northern North Sea.
Ricky Thomson, OEUK Decommissioning Manager:
"The UK's decommissioning sector is snowballing and will continue growing for years to come, but this poses a challenge as well as an opportunity. The growth of renewables and demand for decommissioning services and expertise will create increasing pressure for resources.”??
=========================
DOWNLOAD YOUR FREE COPY OF THE
'The Top 100 Energy Transition Innovators Report 2023'
from Reuters
The global energy transition can only succeed through innovation. From technology adoption to sustainability strategy and new operating models, innovative thinking will unlock transition success - and we're delighted to share a selection of those leading the way.
Reuters Events?are thrilled to announce the 'Top 100 Innovators Report 2023'. In this report, they examine 100 disruptors and change-makers demonstrating transition excellence, including forward-thinking strategy, novel technology integration, and digital transformation.
Click the link below to download your complimentary copy of the Reuters Top 100 Innovators Report 2023 now!
Read the report now, and understand:
? Business-critical insights into the latest ground-breaking energy technology and solutions to stay ahead of the curve on market developments
? The cutting-edge sustainability strategy that is driving innovative transition success, to inform your own sustainability planning
? The verticals and sectors that are propelling transition momentum, and how your organisation can ensure you are seizing a share of the transition market space
We hope you'll find the Top 100 Innovators Report insightful. The Energy Transition team would like to thank everyone who helped make the report possible.
=========================
?? 12 HOT JOBS THIS WEEK ??
Project Manager - Porvoo, Finland
Senior Project Developer - Houston, USA
Piping Inspector - Mississauga, Ontario
GIS Expert - Texas, USA
Project Manager - France
Energy Management Consultant - London, UK
Field Service Engineer - Lyon, France
Director - Battery Storage & Microgrid Solutions - Berlin, Germany
Project Development Manager (Wind / Solar) - Madrid, Spain
Land Manager - UK
=========================
=========================
European Gas Market To Remain Tight Until At Least 2024
Large volumes of new LNG supply are coming to the market this decade, but none of the huge export capacities currently under construction will make it in time to alleviate Europe’s tight gas market either in 2023 or 2024.??
The United States and Qatar, the world’s top exporters of LNG, will have a lot of new capacity after 2025, easing the potential supply crunch but unable to help Europe with a new wave of gas supply either for the next winter or the winter after that.???
Demand destruction amid high prices could reduce LNG consumption in the short term in both Europe and Asia. But even in a weaker demand scenario, Europe will need a lot of LNG to replace all the Russian gas it will have lost after the end of this winter and to build up adequate inventories ahead of the 2023/2024 winter.?
The problem is there isn’t much large-scale LNG supply coming either from the U.S. or Qatar until 2025. This leaves at least two years of a very tight global LNG market, during which Europe will scramble to import more and more non-Russian gas. High prices could be here to stay, at least for two more years.?
=========================
MORE OIL AND GAS HEADLINES:
Please like, comment, and share this newsletter to your network.
=========================
RENEWABLE ENERGY NEWS
U.S. Renewable Energy Will Surge Past Coal and Nuclear by Year’s End
Renewables are on track to generate more power than coal in the United States this year. But the question is whether they can grow fast enough to meet the country’s climate goals.
Supply chain constraints and trade disputes have slowed wind and solar installations, raising questions about the United States' ability to meet the emission reductions sought by the Inflation Reduction Act. The Biden administration is banking on the landmark climate law cutting emissions by 40 percent below 2005 levels by 2030.
The Inflation Reduction Act's emission reductions hinge on the country’s ability to at least double the rate of renewable installations over the record levels observed in 2020 and 2021
John Larsen, Rhodium Group:
Every year we don't have capacity additions beyond the record is lost ground. It’s going to be that much harder to make that up over time. There is a point where we don't get to the outcomes we projected because we blew the first few years of the transition.
=========================
DOWNLOAD YOUR FREE COPY OF THE
'???????????????????? ???????????????? ???????????? ??????????????: ???????? & ????????????'
from Reuters
IEA has announced the “first truly global energy crisis in history". Faced with uncertain demand and volatile prices, the downstream industry has entered a new era of investment strategies and planning.
Reuters Events is happy to announce the launch of our new whitepaper, ‘Downstream Industry Trends Reports: 2022 & Beyond’.?Download your complimentary copy to understand future downstream OPEX & CAPEX investment trends. Gain EXCLUSIVE insight from the likes of? 陶氏化学 , LyondellBasell , 巴斯夫 , 壳牌 ?and many more as they identify, discuss, and overcome key challenges to Reliability & Maintenance, Shutdown & Turnaround and Capital Projects success.
This complimentary whitepaper will provide:
? The most complete overview of Downstream markets, including where companies stand post COVID, the impact of global politics and legislative shifts, and future facing insights.
? EXLUSIVE Case Studies?from?Shell?on using machine learning to improve construction safety,?BASF?on their operational excellence platform and?Chevron Phillips Chemical?on turnaround cost control optimization.
? Upcoming challenges & key solution trends?across reliability & maintenance, shutdown & turnarounds, and capital projects
? New tech and strategy applications?which mitigate asset risk and reduce windows of inoperability.
=========================
壳牌 are #recruiting around the world.
Shell’s Renewables and Energy Solutions business is comprised of teams and professionals focused on providing renewable and low-carbon energy solutions, helping propel Shell closer towards its target of being a net-zero emissions business by 2050.
Shell aims to be a major provider of?renewable energy and low-carbon solutions.?We want?to?find ways of helping customers – whether households or businesses – to switch to these options through renewable and low-carbon?energy and?decarbonisation services.
Our teams in Power, Hydrogen, Shell Ventures, Nature Based Solutions, Carbon Capture Storage and Customer Solutions enable us to help solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.
CURRENT LIVE 'ENGINEER' JOBS INCLUDE:
EV Design Engineer – Grid Architecture - Netherlands
Senior PACO Engineer - USA
Wind Turbine Engineer - USA
Sr Data Engineer - USA
Lead Engineer Rotating Equipment - Germany
Civil Engineer - Netherlands
=========================
China produces world's largest 16-megawatt wind turbine
China's home-developed 16-megawatt offshore wind turbine rolled off the production line in East China's Fujian Province on Wednesday. The turbine boasts the world's largest single-unit capacity and biggest impeller, marking a breakthrough in high-end research and manufacturing to reach world-class levels.
With a propeller diameter of 252 meters, the wind turbine covers a swept area of 50,000 square meters, equivalent to seven standard soccer fields.
A single unit could produce clean electricity of 66 million kilowatt-hours per year, meeting the annual electricity needs of more than 36,000 urban households. Meanwhile, it will greatly save energy and reduce carbon emissions. It's estimated that it will reduce the consumption of coal by 22,000 tons and reduce carbon dioxide emissions by 54,000 tons every year.
Qin Haiyan, China Renewable Energy Society:
"The success of the 16-megawatt wind turbine lies not only in its improvement in single-unit capacity but also in effectively promoting offshore wind turbine construction efficiency while lowering cost."
=========================
=========================
MORE RENEWABLES HEADLINES:
领英推荐
Please like, comment, and share this newsletter to your network.
=========================
DOWNLOAD YOUR FREE COPY OF THE
'WOMEN IN ENERGY GLOBAL STUDY 2022'
?? Energy Jobline are pleased to announce the release of the fourth annual Women In Energy Global Study by NES Fircroft and Energy Jobline, supported by POWERful Women .
More than 2,400 energy professionals participated in the online survey which explores women's roles and status in the #energy industry as it undergoes a period of significant change, the barriers women face, and what they need to succeed.?
Key topics explored in the study include:
? The post-COVID workplace
? A workforce for the energy transition
? Attracting and developing talent
The data provides a critical guide for business leaders, recruiters and diversity and inclusion (D&I) professionals as to what women want, need and can offer in the global energy workplace.
Vicki Codd, Marketing Director at NES Fircroft
"The Women in Energy Global Study helps to shine a light on the female energy workforce across five continents and all sectors. It's our hope that the insights derived from this survey will highlight the opportunities for energy firms to attract and retain talent, and in turn, companies can create concrete action plans to build a gender diverse and inclusive workplace."
=========================
NUCLEAR NEWS
Russian attacks risked nuclear 'catastrophe' - Ukraine's nuclear energy chief
Russia risked causing a "nuclear and radioactive catastrophe" by launching attacks in which all Ukraine's nuclear power plants were disconnected from the power grid for the first time in 40 years, Ukraine's nuclear energy chief said on Thursday.
Ukrainian officials said on Wednesday that three nuclear power plants on territory held by Ukrainian forces had been switched off after the latest wave of?Russian missile strikes?on Ukrainian energy facilities.
Petro Kotin, head of nuclear power company Energoatom, said the vast nuclear power station in the Zaporizhzhia region of southern Ukraine, which has been out of commission since September, had also been disconnected from the grid on Wednesday and became reliant on backup diesel generators.
=========================
MORE NUCLEAR HEADLINES:
Please like, comment, and share this newsletter to your network.
=========================
ENERGY JOBS & FEATURED RECRUITERS -?#HIRING?NOW
This weeks Energy Jobline featured recruiter is:
The Faststream Recruitment Group was established in 1999, employs over 100 people and is a global people specialist providing recruitment and staffing solutions to the Oil & Gas, Energy and Maritime Industries. We operate across three key regions in the?EMEA,?Asia-Pacific?and?Americas, servicing our customers, both candidates and clients, across the world.
Our foundations are built on thinking global and acting local. We have customers across the world and we know that not everyone is the same and should not be treated as such.
People are at the heart of our business -?we believe in looking after our?employees, candidates and clients.
=================
FASTSTREAM JOBS HIRING?NOW INCLUDE:
Head of Compliance - Ireland
Piping Designer - Aberdeen
Inspection Engineer - Grangemouth
Project Engineering Manager - Grangemouth
Process Engineer - Grangemouth
Senior Electrical Engineer - Aberdeen
Sustainable Supply Chain Lead - London
Senior Cable Installation Consultant - Middlesbrough
Senior Subsea Cable Consultant - London
Commerical Officer (Ship Repair) - Singapore
=========================
ENERGY JOBLINE CLIENTS ALSO HIRING GLOBALLY INCLUDE:
=========================
GLOBAL ENERGY JOBS BY SECTOR
=========================
A game-changing new hybrid EV battery recharges in only 72 seconds
A new battery technology developed by?Swiss startup Morand?could see electric vehicle (EV) batteries charge in less time than it takes to fill an internal combustion engine (ICE) vehicle at a gas station,?the company reveals.
The new technology, which can charge electric cars in only 72 seconds, is a hybrid system that uses technology from traditional batteries and ultracapacitors.
The startup says that, during testing, a prototype of its eTechnology solution was able to recharge to 80 percent in just 72 seconds, 98 percent in 120 seconds, and 100 percent in 2.5 minutes at up to 900 A/360 kW. The company also states that Geo Technology performed independent testing.
=========================
MORE EV AND BATTERY HEADLINES:
Please like, comment, and share this newsletter to your network.
========================
Hit the +SUBSCRIBE button at the top of the page to receive a notification every time we drop new content.
CLICK THE LINK ABOVE AND HIT THE 'FOLLOW' BUTTON.