Energy Voice – Out Loud

EVOL: AR7 winners revealed


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We discuss the winners of Allocation Round 7, as well as Viaro's southern North Sea snub and Petrofac's UK business buy out. 

 

This week’s episode features Energy Voice’s Ryan Duff, Floyd March, Mat Perry and Erikka Askeland as they give their two cents on the week’s headlines.

 

First up, Mat gets us up to speed on the winners of AR7 as he argues that the government deserves a pat on the back. Although, Erikka fights for ScotWind project support as not one of the 12 successful bids came from a project that received a a licence under Holyrood's 2022 leasing round.

 

Next, Floyd talks us through the situation at Viaro as Francesco Mazzagatti's firm was told Shell and Exxon had backed out of a deal announced 18 months ago to sell southern North Sea gas assets. The North Sea Transition Authority has been keeping a close eye on Viaro in recent months having demanded additional information from the operator for this deal and its attempted takeover of rival Deltic. 

 

Finally, Ryan gets us caught up on Petrofac's North Sea business after it announced it would be selling its Asset Solutions division to a US firm on Christmas Eve. The services firm that slipped into administration last year is now set to hold a meeting with its creditors to approve the takeover, which is set to save 3,000 jobs.

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Energy Voice – Out LoudBy DC Thomson


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