Reaction to news that the leading trade body for the North Sea, Oil and Gas UK (OGUK), is rebranding has varied from claims of it being a “PR stunt” to praise for a move that’s “not before time”.
SPE Aberdeen’s inaugural geothermal event aims to highlight the potential in burgeoning sector, with a particular focus on how oil and gas skills can help drive transition in the field.
Every country is trying to figure out how to create a secure, clean and affordable energy system. So what’s the ideal low carbon energy mix for the UK?
Since early 2020, the challenges presented by Covid-19, coupled with increasing pressure to decarbonise operations, resulted in the oil and gas sector facing one of the most challenging, and transformative, periods in its history.
In May 2021, the International Energy Agency (IEA) released Net Zero by 2050: a Roadmap for the Global Energy Sector, the first comprehensive study of how to transition to a net zero energy system by 2050, while ensuring stable and affordable energy supplies, universal energy access, and enabling robust economic growth.
Oil majors should do more to break themselves up into separate low-carbon and fossil fuels businesses, according to Lord Browne, the former boss of BP.
If you work in the oil industry this feels like the mandatory, apologetic disclaimer required before being allowed to weigh-in on the energy transition nowadays.
BP's “long-term” commitment to Scotland is a key selling point for the company and its partner EnBW in winning ScotWind acreage, according to the bid’s top boss.
Christopher Langrill, Tenaris Commercial Director in the UK, looks back on 2021 and shares how Tenaris has consolidated its position in the region while looking to advance the energy transition.
By Martin Worth, director, Plant Integrity Management
So, unlike the majority of turkeys, you’ve survived another Christmas of excess; and thoughts are probably returning to those same old clichés and noble ideals.
The offshore supply chain is crucial for the energy sector’s goal of achieving net zero, with commitment to a smooth energy transition and relevant opportunities from industry leaders vital to reach carbon neutrality, writes David Hutchinson, director with engineering and manufacturing specialist Pryme Group.
By Clare Munro, partner, energy and infrastructure, Brodies LLP
The UKCS oil and gas industry has weathered some tough times in its past, but the last two years have been perhaps the most challenging, and the most critical in terms of shaping its future.
The UK energy secretary has responded to a letter penned by 58 Aberdeen business leaders which called for a more “reasoned debate” on the future of oil and gas.
Between COP, Cambo and a host of other increasingly political issues around fossil fuels, EV puts it to Oil and Gas UK (OGUK) chief executive Deirdre Michie that the trade body’s rhetoric to defend the sector has ramped up in recent months.
By Alasdair Green is a Director and Head of E&P at Anderson Anderson & Brown (AAB)
Without any doubt, 2021 has been a better year than 2020 in the energy sector. It’s been a more progressive year and there are positive signs that the energy transition is gaining momentum.
Buoyed by high oil prices, the bosses of the biggest explorers this week laid out a vision for the energy transition that hinges on more fossil-fuel investment rather than less.
It’s set to be an action-packed year for majors, independents and national oil companies (NOCs) alike in 2022. Big choices will set strategic trajectories for the energy transition ahead and the M&A market is set to heat up with multi-billion dollar acquisitions on the horizon, reports energy research company Wood Mackenzie.
A trio of energy analytics heavyweights, who have overseen more than $30billion (£22.5bn) of oil and gas deals, have teamed up to form a new research and consulting firm in Aberdeen.