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first_imgJochan Flasberth of the German environment ministry said he was ‘taken aback’ by the UK’s decision The UK’s plan for decommissioned oil rigs was advised by industry giant Shell (Credit: Elia) Several EU member states including Germany have voiced public concern over the UK government’s plan to leave a number of decommissioned oil rigs in the North Sea.Removing the ageing facilities, some of which are taller than the Eiffel Tower, could take years and cost British taxpayers up to £24bn.A plan by oil and gas giant Shell to leave one steel jacket and the concrete bases beneath the Bravo, Charlie and Delta platforms in the hydrocarbon basin is expected to receive support from the UK government.Expressing apprehension over the estimated 11,000 tonnes of oil and toxins remaining in these three platforms, Germany issued a formal complaint, which has received the backing of Belgium, Sweden, the Netherlands and Luxembourg.Jochan Flasbarth, of the German environment ministry, said: “I’m genuinely taken aback by this — we usually collaborate very closely with the United Kingdom on environmental issues.“Both countries are gravely concerned about the state of our oceans, and then you just leave thousands of tonnes of contaminated water in the North Sea — I don’t get it — that isn’t consistent with an environmental policy that has advanced Britain’s reputation.”A Shell spokesperson said: “Our recommendations are the result of ten years of research, involving more than 300 scientific and technical studies.“We established an independent group of scientific experts to review the findings and ensure all feasible decommissioning options were investigated thoroughly.“We submitted our recommendations following extensive stakeholder engagement and only when we were confident that they were safe, technically achievable, and environmentally and socially sound.” UK aiming for a net zero North SeaDespite the country’s plans to leave potentially environmentally-damaging oil rig infrastructure in the North Sea, the UK’s Oil & Gas Technology Centre (OGTC) yesterday announced plans to create a Net Zero Solution Centre.Part of the Aberdeen-based organisation’s overarching plan to create the world’s first net zero oil and gas basin, the project has received backing from the UK government and various blue ribbon energy firms including BP, Shell, Equinor and Total.It will serve to create an integrated offshore energy system designed to expedite the development of emissions reduction technology such as carbon capture and storage by bringing to bear the expertise of both academia and the private sector.Colette Cohen, CEO of the OGTC, said: “The UK offshore oil and gas industry is a dynamic system of infrastructure, supply chains, expert workforce, research activity and technology development and deployment.“This diverse industrial ecosystem must play a fundamental role in the creation of a net zero carbon economy.“With the backing of industry and government, and strong track of delivery, the OGTC is committed to moving the dial on carbon reduction and enabling the UK Continental Shelf to become the first net zero hydrocarbon basin in the world.“Our focus will be on developing technologies to reduce operational carbon emissions, working with other parts of the energy sector to create integrated solutions and repurposing infrastructure to accelerate carbon capture usage and storage, hydrogen production and gas-to-wire capacity.“We’re delighted to be working with a strong group of companies and look forward to adding new strategic partners to the Net Zero Solution Centre over the coming months.”last_img read more


first_imgThe discovery was made after drilling the Enterprise 1 well in licence VIC/P42(V), in which Beach holds 60% stake Enterprise 1 well was spud from an onshore site near Port Campbell. (Credit: wasi1370 from Pixabay.) Australian oil and gas company Beach Energy has made a new gas discovery at its Enterprise 1 exploration well in the Victorian Otway Basin in Australia.The new gas was found at Enterprise 1 well in licence VIC/P42(V), in which Beach holds 60% stake and is the operator. The remaining 40% interest in the licence is owned by O.G. Energy.Beach said that the Enterprise 1 well was spud from an onshore site near Port Campbell and 8km from the Otway Gas Plant.The company has drilled the well using an extended reach drilling (ERD) approach to a total depth of 4,974 metres measured depth (MD).It has encountered the primary reservoir target of the Upper Waarre Formation 89 metres high to prognosis at a depth of 4,594m (MD).The drilled well intersected a 146 metre of gas column in the Upper Waarre Formation, including 115 metres of net gas pay with no gas-water contact found.Beach said that the sampling indicated a gas composition with 10% carbon dioxide by volume.Beach Energy managing director and CEO Matt Kay said: “To have our first exploration well in the Victorian Otway program deliver a successful result is an excellent outcome for the business.“This success enhances our plans to develop more supplies for the East Coast gas market. The Enterprise result also de-risks other nearby prospects, warranting their evaluation as potential future drilling candidates.”Enterprise 1 will undergo well test to confirm productivityThe company said that it is planning to case and suspend the well as a future producer.The Enterprise 1 will undergo a well test to confirm its productivity and provide data for the proposed pipeline to the Otway Gas Plant.The engineering work and regulatory approvals process for the pipeline is already underway.Recently, Red Sky Energy has entered into an agreement (SPA) to acquire Beach Energy’s stake in the Killanoola oil field in South Australia.last_img read more


first_img Maersk Drilling selected for two-rig Suriname campaign by Total. (Credit: Maersk Drilling) Maersk Drilling has received a Conditional Letter of Award (CLOA) from Total E&P Suriname, Suriname Branch for the supply of two deepwater rigs, Mærsk Developer and Maersk Valiant, for an exploration and appraisal project in Suriname’s Block 58. The campaign is expected to commence in early 2021, with an estimated firm combined duration of 500 days. The estimated firm total contract value is approximately USD 100m, including rig upgrades and integrated services provided.The CLOA is conditional upon finalisation of the formal contract as well as certain other customary conditions. Maersk Drilling will provide an update upon conclusion of a formal contract.“We’re delighted to get this opportunity to add further to our long-standing relationship with Total through a two-rig contract, building on our previous collaboration on deepwater exploration projects and on Maersk Drilling’s recent experience with starting up operations in Suriname for Mærsk Developer,” says COO Morten Kelstrup of Maersk Drilling.Mærsk Developer is a DSS-21 column-stabilised dynamically positioned semi-submersible rig, able to operate in water depths up to 10,000 ft. It was delivered in 2009 and is currently operating offshore Suriname.Maersk Valiant is a high-specification 7th generation drillship with integrated MPD capability which was delivered in 2013. It is currently warm-stacked in Aruba after finishing a campaign in Mexico earlier this year. Source: Company Press Release The CLOA is conditional upon finalisation of the formal contract as well as certain other customary conditionslast_img read more


first_imgHome » News » Agencies & People » Purplebricks quadruples annual revenues to £18.5m previous nextAgencies & PeoplePurplebricks quadruples annual revenues to £18.5m445 per cent uplift in income for the year to 30th April came as, “Customers are increasingly being won over to our hybrid model.”18th May 20160559 Views The figures are fabulous, the hype is huge, but is Purplebricks too good to be true?Purplebricks may be one of the UK’s youngest estate agents but it is certainly going down a storm with investors. Having listed on the Aim market in December its shares have gone up by 62 per cent.It claims to be the fastest growing estate agent in the UK and has just launched in Scotland. Purplebricks says it takes just 14 days on average, to sell a home, or six days, on average, to let a property. It also claims to save sellers an average of £4158.With a reported 6,941 listings on its website, compared with 6,869 for Foxtons, (according to the FT) it is certainly making massive inroads to the UK property scene.Michael Bruce, Chief Executive, said, “With solid underpinnings, momentum and the size of the market opportunity, we are confident in proving the business model and delivering value for all of our shareholders.”However, nobody seems to be saying how many properties they have actually sold or let, which, even if they say revenues are impressive at £18.5 million, the sales and lets must be a key set of figures.If the instruction fee of £798 for a sale is all that sellers need to pay, (for simplicity – leaving lettings out of the equation) they would have sold 23,182 homes, which would be impressive, but maybe unlikely. If just half of sellers took the extra ‘service’ of a For Sale board, that would reduce the sales number to 21,561, which still seems incredible. However, the website doesn’t divulge the extra cost for the mandatory EPC or for viewings, which could make a significant difference to the calculation.In a recent interview with The Negotiator magazine, Michael Bruce (left) said that Purplebricks is a hybrid agency, not to be included with the standard online newcomers, “I think we’re very different from the other online agents,” he says. “From our perspective we’ve invested massively in technology and in people whereas the other online and non-traditional competitors haven’t quite done the same.”But they are still cagey about the current state of play. Anthony Codling, analyst at Jefferies, said that the number of homes sold or let was an important omission. “The valuation suggests that Purplebricks is the darling of the stock market and that investors expect the challenger to be successful in its challenge to the traditional UK estate agency model. However, before we pass judgement we would like to know how many homes it has helped sell.”Purplebricks charges a fixed £798 (up by 20 per cent from £665 in January 2014) plus value added tax, or £1,158 plus VAT in Greater London, chargeable whether or not a home is sold. And, of course, that fee is payable whether or not they sell the property, a factor which could make a significant difference to the numbers of homes sold or let.hybrid agency Purplebricks annual revenues Purplebricks fastest growing agency May 18, 2016The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more


first_imgAn innovative new collection of apartments, exclusively for the over 60s, has launched in Purley with Frosts Estate Agents. Carriages by PegasusLife is a peaceful retreat in the heart of Purley, a short walk from the high street, close to the train station, only 30 minutes away from central London.PegasusLife is working closely with local agent, Frosts, to introduce the Carriages development which was designed by award-winning architects, Woods Bagot.Many of the 28 apartments have a private terrace and floor-to- ceiling windows, the communal lounge and rooftop terrace create a peaceful oasis and include features such as a reading corner, communal larder and shared dining table, for those moments when people prefer to step out of their own apartments and meet other Carriages residents. The development also has a guest suite for friends and family to stay the night.Ben Gershon from Frosts says, “We have many customers who want to downsize and stay close to their families but they do not want to compromise on style and the brilliant access a place like Purley provides.“Many retirees want somewhere to live that is smaller than the family home, but also offers the opportunity to socialise and be part of a community. They are looking for something far removed from traditional retirement homes. With Carriages we now have something to offer these customers.”Prices start at £368,750.land and new homes PegasusLife apartments Carriages urban homes October 26, 2016The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Land & New Homes » Urban escape: right on track at Carriages previous nextLand & New HomesUrban escape: right on track at CarriagesThe Negotiator26th October 20160528 Viewslast_img read more


first_imgApex House, WembleyNew world prefabs could solve our housing crisis, say the experts – and we’re not talking about the future – we’re ahead of the game in the UK.Europe’s tallest modular (formerly known as prefabs) tower is now complete – and it’s in north London. The 29-storey structure is a student accommodation scheme developed by Tide Construction and Vision Modular Systems with 679 modules that will be ready for students to move into in September. The development will also include communal facilities, such as a cinema and a courtyard.The total build time was just 12 months, with the modules stacked up in just 13 weeks to the height of 90 metres. Designed by architects HTA Design LLP, the building has a BREAAM rating of Excellent.Apex House will be the fourth modular scheme that Tide Construction and Vision Modular Systems have completed in Wembley. Christy Hayes, CEO at Tide Construction, said, “We are delighted that both the Housing Minister Gavin Barwell and London Mayor Sadiq Khan have made off-site construction a priority in the capital to help ease the strain on London’s housing supply. Modular construction provides a much faster alternative to traditional construction without compromising on the quality of the building, or the versatility of the design. Modular produces 80 per cent less waste, requires fewer onsite workers and provides certainty of cost and time. Each module is manufactured at Vision’s factory in Bedford where the furniture, windows, electrical wiring and plumbing are all installed before the modules are transported 60 miles to the site in Wembley.Government pledge for 100,000 modular homesThe government has pledged that 100,000 of the 1 million homes built by the end of parliament (this could be revised on 8th June…) will be delivered by modular methods and it pledged a further £285 million for accelerated construction techniques through the National Productivity Investment Fund.First Time Buyers also go for modularVision has also handed over two finished blocks in Lambeth to Pocket Living, an affordable housing provider that only sells to first-time buyers. The properties were constructed inside a factory in Bedford using production-line techniques more reminiscent of a car factory than a construction site. This allows for better quality control, faster delivery, reduces wastage and allowing for high levels of energy efficiency.Apex House, Wembley under constructionKieran White, Managing Director at Vision Modular Systems, said, “We’ve been in this industry for more than a decade, and our building technology has allowed us to be at the heart of driving forward new forms of housing. Partnering with Pocket Living on multiple projects has allowed us to deliver vital new housing for first time buyers and key workers who underpin the very fabric of our cities.”Located on the China Walk Estate, just a few minutes walk from Lambeth North and Westminster tube stations, each apartment has been built according to Pocket’s award-winning design specification. All of Pocket Living’s buildings are community focused, with shared spaces, such as roof terraces, where residents can meet and relax. At Juxon Street, residents will also have access to a walled courtyard with benches and trees.Marc Vlessing, Chief Executive of Pocket Living, said, “Getting high-quality homes built quickly is key to solving the housing crisis. Modular techniques will play an increasingly important role in meeting this challenge and, through our partnership with Donban and Vision Modular, over a quarter of Pocket’s future pipeline will be built through modular construction.“For modular to really take off as a viable construction method, the Government and lenders should look at making it easier for SMEs to access the working capital needed to take advantage of its benefits.” www.visionmodular.comkieran white marc vlessing pocket living modular homes north london modular tower apex house christy hayes tide construction and vision modular systems vision modular systems April 20, 2017Sheila ManchesterWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Housing Market » New world prefabs could solve our housing crisis previous nextHousing MarketNew world prefabs could solve our housing crisisTimes and processes change, it’s time for quick-build new homes.Sheila Manchester20th April 201702,653 Viewslast_img read more


first_imgThe Allendale Centre in Wimborne was overflowing with bidders competing for building plots and renovation projects at Symonds & Sampson’s first auction of the year in March.Auctioneer Mark Lewis was very pleased to see so much demand not only from local buyers, but also from those travelling from further afield, “We had an excellent catalogue with a number of development sites in East and Central Dorset and the response to the intense and widespread advertising was strong.“Some prices were well ahead of expectations including a workshop in Bournemouth. This had failed to sell in four London auctions but we were inundated with enquiries. 32 people registered for the legal pack and strong bidding took the price 45% above the guide.The star lot, however, was in Charlton Marshall – a site for two semi-detached four bedroomed houses set in about 0.29 acres. Guided at £195,000 frantic bidding quickly took the price above £200,000 and then £300,000 and after forty bids the hammer fell at £385,00, 97% above guide. The buyer also exercised the option to buy the adjoining 1.2 acres for £35,000.”Mark Lewis auction lots Charlton Marshall Symonds & Sampson April 30, 2019The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Agencies & People » London lots sell at Symonds & Sampson previous nextAgencies & PeopleLondon lots sell at Symonds & SampsonThe Negotiator30th April 20190197 Viewslast_img read more


first_imgHome » News » Leading northern signboard company continues under new ownership previous nextProducts & ServicesLeading northern signboard company continues under new ownershipSnaith Signs says it’s ‘business as usual’ after the original company behind it was put into voluntary liquidation yesterday.Nigel Lewis13th August 20190834 Views A leading estate agency signboard company in the North of England is continuing in business under new ownership after the original company behind it has gone into voluntary liquidation.Snaith Signs, a Middlesbrough-based business formerly owned by Snaith Estate Agent Services Ltd, offers an estate agency design, print, erection and management service that includes For Sale and To Let boards across the whole of North East England and North Yorkshire south to the A59.The liquidator of Snaith Estate Agent Services Ltd, insolvency specialist Begbies Traynor, says this company is being wound up voluntarily.A spokesperson for Snaith Signs says the signboard firm continues to trade as normal with no suspension of its service to estate agents. It is now being run by a new company with the same director and registered address, UK Estate Agent Signs Ltd.Business as normalSnaith Signs operates regionally with its residential signboards as well as offering a national service to commercial property agents including its own app.The business has also been pushing to widen its residential operation via a franchising push offering packages starting at £22,500 and, it is claimed, on target earnings of £36,000.Unusually, Snaith Signs also provides its residential and commercial clients a free listing for their properties on its own portal.“We present our unique Snaith Property Finder website to all our residential and commercial estate agent and letting agent clients with the offer of For Sale and To Let property advertising completely free of charge in our Property Listing Section,” the company says on its website.snaith signs begbies traynor signboards August 13, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more


first_imgHome » News » Infamous landlord Fergus Wilson convicted of abusing parking attendant previous nextRegulation & LawInfamous landlord Fergus Wilson convicted of abusing parking attendantThe 71-year-old was taken to court following an argument with an attendant about a parking ticket he received in Maidstone.Nigel Lewis11th November 201902,185 Views A multi-millionaire and high-profile landlord in Kent has been convicted of racially abusing a parking attendant 18 months ago while visiting one of his properties in the county.71-year old landlord Fergus Wilson (pictured, above with wife Judith) achieved considerable notoriety last year when he featured on an investigative BBC TV show that looked into several allegations against him.At one point he and his wife Judith owned a portfolio of 750 new-build buy-to-let properties but recently sold a significant part of their portfolio for a reported £90 million.Fergus denied the claims, made at Medway Magistrates’ Court, that he racially abused the parking attendant despite the expletive-rich rant, which was aimed at the Slovakian-born meter maid.Cam kitBut his words were recorded by the officer’s body cam kit, during which he tells the attendant to go back ‘where she came from’.Before the trial began Wilson contacted The Negotiator to say he is not racist and that he lets properties to ‘people of all race and creed’.In 2017 Wilson received considerable media attention after it was revealed that he had instructed his letting agent not to rent his houses out to Indian or Pakistani origin tenants because of the ‘curry smells’. He was later told this renting policy was unlawful.The charge arose from an incident 18 months ago in April 2018 when Wilson, who is from Maidstone, parked outside two properties owned by his wife that were being renovated for conversion into housing for women who had suffered domestic abuse. November 11, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more


first_imgFierce debate over the government’s advice on property viewings and home moves has erupted once again after agents in the Somerset town of Weston-super-Mare complained to local authorities about a rival who, they claim, has been conducting viewings.Two agents, who wish to remain anonymous, approached The Negotiator to claim that Ashley Leahy, who runs an eponymous estate agency in the town, has been seen attending property viewings with potential buyers on several occasions.Guidance from Propertymark is explicit on the subject, saying: “Under the current public health guidance in-person viewings are not permitted and should be delayed.”But official guidance is also clear – it says that although people who want to put their properties on the market can proceed, as long as no one visits their home including agents or buyers,  and if they receive offers move to exchange of contract.The grey area is empty or vacant properties – which the official guidance suggests can be visited for viewings and surveys, but it’s not clear whether this is for homes already on the market prior to the lockdown, or new listings.The Negotiator asked Ashley to comment about the claims. He said: “There have been a few viewings that we have done on vacant properties.“We have gone to the property in question, opened the door and then let the people go around on their own. This was permitted because I felt that there was absolutely no risk to them or us.  I am absolutely certain that other agents in the town have also done this.”Trading standardsLeahy was reported to North Somerset Borough Council trading standards who earlier this week contacted him to discuss the claims.“I can confirm that following a complaint we contacted the proprietor of Ashley Leahy Estate Agents and advised him that he shouldn’t be trading,” a spokesperson told The Negotiator.“We reminded him of the business closure regulations and sent him the current government guidance specific to estate agents.“He advised us that his business is closed and that he wouldn’t conduct house viewings or on-site valuations until the restrictions are lifted.”Ashley Leahy Estate Agents operates from a residential address in the town and offers fixed-fee sales starting at £995.Read more about vacant properties viewings.Weston-on-Supermare Ashley Leahy North Somerset May 1, 2020Nigel LewisOne commentMatteo Donna, Alex & Matteo Estate Agents Alex & Matteo Estate Agents 1st May 2020 at 9:07 amI am not justifying Mr Leahy however It is so sad that in a moment like this there are estate agents that instead to get closer and support each other, bad mouth others competitors.Log in to ReplyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » COVID-19 news » Arguments erupt in Somerset over vacant property viewings by estate agent previous nextAgencies & PeopleArguments erupt in Somerset over vacant property viewings by estate agentSeveral agents in Weston-super-Mare have claimed that a rival is conducting viewings in contravention of Ministry of Housing and Propertymark guidance.Nigel Lewis1st May 20201 Comment15,298 Viewslast_img read more