By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Pipeline PulsePipeline Pulse
  • Home
  • Oil
  • Featured
  • Gas
  • Refining & Processing
  • Exploration
  • Pipelines
  • Drilling
Reading: Nice British Vitality to be Headquartered in Aberdeen
Share
Notification Show More
Latest News
Oil Slips as US Plans Iran Talks
Oil Slips as US Plans Iran Talks
Oil
Crude’s Drop, Robust Ruble Lower Russian Oil Income to 2-Yr Low
Crude’s Drop, Robust Ruble Lower Russian Oil Income to 2-Yr Low
Oil
Mozambique President Urges Complete LNG Restart Regardless of Dangers
Mozambique President Urges Complete LNG Restart Regardless of Dangers
Oil
USA Crude Oil Inventories Rise by Virtually 4MM Barrels WoW
USA Crude Oil Inventories Rise by Virtually 4MM Barrels WoW
Oil
EU Fee Launches Matchmaking Platform for Power, Supplies Sourcing
EU Fee Launches Matchmaking Platform for Power, Supplies Sourcing
Oil
Aa
Pipeline PulsePipeline Pulse
Aa
  • About Us
  • Advertising Solutions
  • Privacy
  • Terms of Service
  • Podcast
  • Home
  • Oil
  • Featured
  • Gas
  • Refining & Processing
  • Exploration
  • Pipelines
  • Drilling
Have an existing account? Sign In
Follow US
Copyright © MetaMedia™ Capital Inc, All right reserved.
Pipeline Pulse > Oil > Nice British Vitality to be Headquartered in Aberdeen
Oil

Nice British Vitality to be Headquartered in Aberdeen

Last updated: 2024/09/25 at 10:48 AM
9 months ago
Share
Nice British Vitality to be Headquartered in Aberdeen
SHARE


A launch posted on the UK authorities web site on Tuesday revealed that Nice British Vitality shall be headquartered in Aberdeen.

The discharge famous that Aberdeen shall be on the coronary heart of the corporate’s plans to scale up clear homegrown energy to spice up power independence, create expert jobs throughout the UK, and to help financial development.

In line with the discharge, two further websites will open in Edinburgh and Glasgow “as soon as Nice British Vitality is up and operating, to learn from native expertise and experience”. The corporate shall be initially situated in authorities buildings throughout the cities, whereas everlasting bases are established, the discharge acknowledged.

- Advertisement -
Ad image

“This marks the subsequent step to kickstart Nice British Vitality, as a part of its mission to develop into a clear power superpower,” the discharge stated.

“An interim Chief Govt will quickly to be appointed to take the lead on launching the brand new firm and constructing its Aberdeen base – together with the start-up Chair Juergen Maier, former CEO of Siemens UK,” it added.

The discharge highlighted that inside the first weeks of the brand new authorities, Vitality Secretary Ed Miliband “took quick motion to introduce the Nice British Vitality Invoice to Parliament and – together with the Prime Minister – affirm a brand new partnership with The Crown Property, to assist speed up new offshore wind farms”.

“The corporate – owned by the British folks, for the British folks – will appeal to personal funding within the UK’s clear homegrown energy, backed by £8.3 billion [$11.09 billion] in authorities funding over this Parliament,” the discharge acknowledged.

“The transfer kinds a part of the federal government’s plans to help clear power within the North Sea, guaranteeing Aberdeen continues to thrive as Scotland’s clear power capital,” it added.

The discharge additionally highlighted that the federal government “not too long ago introduced the most important ever funding in offshore wind and continues to progress applied sciences like carbon seize and storage and hydrogen – in addition to guaranteeing that oil and fuel is used for many years to come back as a part of a good and balanced transition away from fossil fuels”.

Nice British Vitality is described on the UK authorities’s web site as a “new, publicly owned, clear power firm”. Its mission shall be to drive clear power deployment to create jobs, enhance power independence, and guarantee UK taxpayers, billpayers and communities reap the advantages of unpolluted, safe, home-grown power, the location states.

In a launch despatched to Rigzone yesterday, trade physique Offshore Energies UK (OEUK), which describes itself because the main commerce physique for the UK’s offshore energies trade, welcomed the announcement that Nice British Vitality shall be situated in Aberdeen.

OEUK famous within the launch that town has been Europe’s power capital for the final fifty years and added that, with the correct power insurance policies in place to again corporations and their employees, it may well proceed to spearhead the UK’s homegrown power transition. 

OEUK stated within the launch that listening to trade’s consultants and constructing partnerships shall be key to figuring out Nice British Vitality’s success. It highlighted that the UK’s transition to cleaner power is “the most important engineering venture the UK has seen for the reason that Second World Conflict” and “the most important monetary endeavor”.

Within the launch, OEUK CEO David Whitehouse stated, “Aberdeen is an power powerhouse and residential to sensible British engineering – it should and needs to be a part of the UK’s power future”.

“The folks of this metropolis are rightly happy with their power heritage and it’s crucial GB Vitality helps to safeguard their jobs and construct on their world class experience to learn the entire UK,” he added.  

“The place GB Vitality is situated is vital however what actually issues is what it does. Success shall be constructed on partnerships with trade unlocking the personal sector funding wanted to realize the homegrown power transition and financial development all of us need,” he continued.

“This implies listening to knowledgeable folks throughout our sector, backing our provide chains and safeguarding the roles of hundreds of expert employees throughout the UK,” he went on to state.

 Whitehouse highlighted within the launch that he “stay[s] involved the brand new authorities’s tax adjustments may have profound penalties for this sector and its folks”.

“The brand new authorities dedicated to safeguarding jobs in its manifesto and should hearken to these working within the sector … [This] announcement is welcomed, however it should do little to alleviate the very actual considerations of the impression the federal government’s tax proposals may have on hundreds of jobs and billions of kilos in future financial worth,” he warned.

“I’m asking the federal government to decide on a homegrown power transition that makes essentially the most of our folks and companies. The choice is importing ever extra power, expertise and infrastructure and subtracting worth from our economic system,” Whitehouse went on to state.

Rigzone has contacted the UK Division for Vitality Safety and Web Zero (DESNZ) and HM Treasury for touch upon OEUK’s launch. A DESZN spokesperson responded by referring Rigzone to the discharge posted on the UK authorities web site.

HM Treasury has not but responded to Rigzone’s request on the time of writing.

To contact the writer, e mail andreas.exarheas@rigzone.com



You Might Also Like

Oil Slips as US Plans Iran Talks

Crude’s Drop, Robust Ruble Lower Russian Oil Income to 2-Yr Low

Mozambique President Urges Complete LNG Restart Regardless of Dangers

USA Crude Oil Inventories Rise by Virtually 4MM Barrels WoW

EU Fee Launches Matchmaking Platform for Power, Supplies Sourcing

September 25, 2024
Share this Article
Facebook Twitter Email Print
Previous Article Trump Plans Texas Oil Nation Donor Blitz to Shrink Cash Hole With Harris Trump Plans Texas Oil Nation Donor Blitz to Shrink Cash Hole With Harris
Next Article TotalEnergies to Provide LNG to Korea’s HD Hyundai Chemical TotalEnergies to Provide LNG to Korea’s HD Hyundai Chemical
about us

Pipeline Pulse magazine is a preeminent digital publication in the petroleum industry, with a strong presence in the Middle East. Our esteemed digital publication is dedicated to providing cutting-edge insights on the international oil and gas industry, offering critical analysis of pressing issues and events, along with practical technology for designing, operating, and maintaining oil and gas operations.

Topics

  • Oil
  • Gas
  • Refining & Processing
  • Featured
  • Pipelines
  • Exploration
  • Drilling

Quick Links

  • About Us
  • Advertising Solutions
  • Privacy
  • Terms of Service
  • Podcast

Find Us on Socials

Copyright © Pipeline Pulse™ , All right reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Loading
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?