Melisa Cavcic

Delay on the cards for first oil from flagship North Sea project, as operator puts the brakes on investment activity while uncertainty permeates UK’s fossil fuels arena

NEO Energy has decided to slow down investment plans across its portfolio. As a result, the start-up timeline for the firm’s oil redevelopment project in the North Sea may be postponed.
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Step forward taken to build ‘world’s largest’ multimillion-dollar HVDC subsea cable factory in UK

A new head of terms has been inked for an option on a lease at the Port of Tyne near Newcastle on the River Tyne in North East England to move forward with the development of what is envisioned to become the world’s largest HVDC subsea cable factory.
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Step forward taken to build ‘world’s largest’ multimillion-dollar HVDC subsea cable factory in UK Read More »