With International Women’s Day on Saturday 8 March, AXIS Network has been promoting gender equity within the UK energy sector. Chairwoman Emma Behjat said: “At AXIS we push for gender equity within the workplace, for the energy sector. But IWD stands for more than just inequality in the workplace, it’s about women as a whole in every aspect of the world. The organisation recently gained sponsorship from OEUK, the NSTA and the NZTC. “With sponsorship from these governing bodies, we hope to accelerate progress by achieving greater awareness of our pledge, increase accountability and a sense of urgency pertaining to the actions needed to achieve gender equity by 2030,” she added. However, this year’s IWD comes amid a pushback against diversity, equity and inclusion (DEI) policies, especially in the US “There has certainly been a lot of push back on DEI, particularly vocally and visibly from the US in our media streams,” Behjat said. “As a (non-practicing) Muslim woman of colour and daughter of an immigrant, I am thankful to live here in the Scotland as our country’s desire to be inclusive remains with support and backing from the government.” But she added that it’s important to understand the road that led to this point. “Put simply, there is a very loud, vocal group who feel they have had their space, their options, their future taken from them to allow others in,” Behjat said. “Those volunteering and working in the DE&I space know that not to be true, the benefits to society and business is tested and positively impactful, but if we really reflect, has the efforts been enough to be inclusive of all?  Have we created space for everyone to be themselves and thrive? “Take for example men; society is much harder on men if they showed ‘feminine’ traits,

SeAH Wind has brought in Mammoet, Glacier Energy, and Hutchinson Engineering as key subcontractors for Ørsted’s 2.9GW Hornsea 3 Offshore Wind Project. SeAH Wind was previously brought in to supply monopiles for the project, which will be situated around 75 miles (120km) off the Norfolk Coast in the North Sea. With commercial production set to commence in the coming months, these subcontractors have been selected to support the operational and logistical services within the 120-acre site located on the South Bank of Teesworks. Mammoet has been appointed to provide self-propelled modular transporters (SPMTs) within the SeAH Wind facility. Their scope includes the transportation of can/cone structures and completed monopiles. By leveraging Mammoet’s expertise in heavy transport solutions in offshore wind site logistics, SeAH Wind ensures a seamless and efficient movement of monopiles, minimising downtime and improving overall production efficiency. Glacier Energy will conduct non-destructive testing (NDT) of welds throughout the manufacturing process, ensuring the highest quality standards. Their rigorous NDT inspections will enhance the reliability and durability of the monopiles, ensuring they meet both Ørsted’s stringent standards and international offshore wind regulations. Hutchinson Engineering has been tasked with supplying secondary steel components for the Hornsea 3 project. SeAH Wind sought a UK-based company capable of delivering these complex parts in compliance with stringent Ørsted drawings and specifications. Hutchinson Engineering’s previous experience on Ørsted projects, combined with their expertise, makes them an ideal partner for this phase of the project. SeAH Wind CEO Chris Sohn said: “These strategic appointments reflect our commitment to delivering market-leading XXXL Monopiles. With these trusted partners, we are confident that we will meet our project goals while upholding the highest standards of quality, safety, and efficiency.” Having begun construction in 2023, Hornsea 3 is expected to enter operations at the end of 2027. A previous £100-million

As the UK government kicked off consultations on a successor tax regime to the Energy Profits Levy (EPL), Anasuria said that changes are needed “now” to save the North Sea. Anasuria Operating Company (AOC) chief executive Richard Beattie said: “I would say we need to make the changes now. “I do think the government is listening, I do think there has been positive engagement, I think we’ve seen shoots of that at the last budget.” Since its introduction in 2022 by then chancellor Rishi Sunak, the EPL, or windfall tax, has been a pain point for the UK oil and gas industry. Initially bringing the headline rate of tax imposed on North Sea operators to 75%, late last year the Labour government hiked rates by 3% as it closed investment incentives previously afforded to oil firms. In the Autumn Budget, chancellor Rachel Reeves also extended the end date of the EPL to March 2030, something it has stuck to as the government launched a consultation on the country’s tax regime and licencing regulations. However, waiting until the start of the next decade to rethink the North Sea’s controversial tax regime may be too late to save investment. “Every drinks reception I’m at, I’m talking to people and they’re talking about putting investment on hold, massive opportunities that they have that they want to invest in but with the uncertainty in terms of the number of changes that just brings natural suspicion,” Beattie added. He argued that, unlike how the UK was previously an appealing place to invest for oil and gas companies “it is simply unattractive” in the current global context. Addressing EPL ‘flaws’ When it launched the consultation process, the government said that authorities will work with industry, communities, trade unions and wider organisations to determine what the new

I don’t think anyone will doubt there’s a very strong distinction between what we do for work, and for our mental health. The jobs that we do, and everything that comes with them, play a huge part in our lives. From the aspirational and emotional side, the desire to develop, succeed and do something meaningful, to the physical side, with the need to provide and enjoy the life we want to live. To achieve the career utopia we seek, we need to head into the sometimes-dreaded recruitment process. Yep, we need to apply for jobs. But while it’s understandably approached with trepidation, what is sometimes overlooked is that through applying for jobs, a chance to work on our wellbeing and mental health arises. Which in the long run gives us better odds in achieving our career goal. © Supplied by Motive Offshore GrouMark Dalgarno, Recruitment Manager, Motive Offshore Group. I know there are challenges in finding a job, but to make that next career step, no matter why you are looking for something new, we must stop and check in with ourselves. This is your career. You’re doing this for you and your world. Others benefit from the work we do, but this is for you first and foremost. No career will progress, no application will be sent, no interview will be attended, without you, in whatever fashion you prefer, asking yourself: “What do I want to do next?” Questions like “Who am I?”, “What do I offer?”, “Why do I want to do this?” will follow. Deep, meaningful, thought-provoking, personal questions. Questions that lead you to answers and actions that positively impact your life. Which, if done meaningfully, can only be good for our mental health. Very rarely do we give ourselves time to check in with what’s really

LandBridge Company LLC has reported a significant jump in net income for the fourth quarter of 2024 but remained in the red on an annual basis. LandBridge said its net income for the last quarter of the year was $8.2 million, recovering from a $2.8 million net loss for the previous quarter and increasing from the $2.5 million net income reported for the corresponding quarter a year prior. However, for the full year 2024, LandBridge reported a net loss of $41.5 million, compared to a net income of $63.2 million a year before. That is despite full-year revenues growing 51 percent to $110 million. “In 2024, we tripled the size of our land holdings, delivered high-double-digit revenue growth year-over-year, and demonstrated our ability to deliver industry-leading adjusted EBITDA and free cash flow margins. With more than 270,000 acres across the most active oil and natural gas development and production region of the prolific Permian Basin, we are uniquely positioned to capitalize on opportunities in energy and digital infrastructure to create sustainable value for our shareholders”, Jason Long, Chief Executive Officer, said. Revenue for the fourth quarter of 2024 amounted to $36.5 million, compared to $28.5 million for the third quarter of 2024 and $17.5 million for the fourth quarter of 2023. The increase from the previous quarter was mainly due to a rise in easements and other surface-related revenue by $8.2 million, along with oil and gas royalties increasing by $1.6 million and surface use royalties increasing by $0.7 million. These were partially countered by declines of $1.8 million in resource sales and $0.7 million in resource royalties sequentially, the company said. “Our triple-digit revenue growth during the fourth quarter is clear evidence of our momentum across the business. For 2025, we anticipate another year of strong revenue growth and

The European Commission has announced a second midterm round for AggregateEU, a mechanism where international natural gas suppliers compete to book demand offered by companies in the EU and its Energy Community partner countries. In the new round buyers can express their demand for July 2025-October 2030. Buyers and sellers have until March 10 to register on the online portal of the AggregateEU service provider, PRISMA. Demand submission is scheduled for March 12-17. Vendors must file expressions of interest from March 18 to 21. The Commission will publish matchmaking results March 26, after which buyers and sellers bilaterally negotiate contracts. “This mid-term matching round reinforces the Commission’s continued commitment to the phase-out of Russian gas supplies to the EU”, the Commission’s Directorate-General for Energy said in an online statement. The first midterm round, whose demand submission phase closed last month, pooled a total of 34 billion cubic meters (1.1 trillion cubic feet) of demand from 19 companies including industrial players. Meanwhile offers totaled 97.4 billion cubic meters, almost triple the demand, according to the Commission. Aggregate EU was initially only meant for the 2023-24 winter season but the EU, citing lessons from the prolonged effects of the energy crisis, has made it a permanent mechanism under “Regulation (EU) 2024/1789 on the internal markets for renewable gas, natural gas and hydrogen”, adopted June 13, 2024. “In previous matching rounds, buyers and sellers could indicate a preferred terminal in the EU for the delivery of liquified natural gas”, the Directorate said when announcing the new midterm round. “To better reflect LNG trade practices and attract additional international suppliers, buyers and sellers can also indicate their preference to have the LNG delivered free-on-board”. Midterm rounds offer six-month contracts for potential suppliers during a buyer-seller partnership of up to five years. “In early 2024, with