Further North Sea tax breaks urged
Oil and gas experts have called on the UK Government to introduce further tax breaks for North Sea operators to counter the damage of its £10billion raid on the industry.
industry body oil
Record fall in North Sea oil production
NORTH Sea oil production has suffered its biggest slump since records began, the Press and Journal can reveal.
Oil tax grab halts £3billion North Sea investment plan
Norwegian energy giant Statoil has halted work on a £3billion-plus North Sea development following Chancellor George Osborne's tax grab on the industry, the Press and Journal can reveal.
Outgoing Talisman boss hailed by Oil and Gas UK
CANADIAN oil and gas firm Talisman Energy will part company with a well-known face in Aberdeen business circles next week after a decision by its current UK manager and senior vice-president John Forrest to retire early.
North Sea firms unite in safety crackdown
The North Sea oil and gas industry announced a major safety move yesterday in an effort to prevent another offshore disaster.
Oil workers tracked all way to destination
Oil workers travelling to North Sea installations have become the first in the world to be tracked all the way to their destination following the launch of a pioneering safety system.
Oil industry ‘must focus on attracting fresh talent’
There was another impassioned plea last night for the UK oil and gas sector to work harder at wooing potential new recruits.
Fewer than 300 licences up for grabs in 26th UK round
The UK Government said yesterday it had offered oil and gas licences for 268 blocks in the 26th offshore licensing round.
Awards a chance to recognise contributions of new generation
Industry body Oil and Gas UK (OGUK) has named the finalists for the latest edition of its annual awards.
New Shell chief makes switch from The Hague
The new boss of oil giant Shell in Aberdeen officially starts in the post today.
Latest ETS proposals ‘like extra tax on UK energy production’
Proposals for the latest phase of the European emissions trading scheme (ETS) would mean costs similar to an extra tax on UK oil and gas production.
Sales soar for Scots oil and gas companies
Sales by oil and gas service companies based in Scotland have hit a record £15.4billion, with much of the extra cash going to businesses in the north and north-east.
Offshore safety device is back in use
A safety device designed to help locate offshore workers lost at sea has been issued on North Sea helicopter flights for the first time in almost a year.
Well service group to join broader OGUK fold
The Well Services Contractors Association (WSCA) will cease to exist at the end of this month.
Hendry meets energy bosses
Shadow UK energy minister Charles Hendry visited Aberdeen yesterday and said he was impressed at the cutting-edge technology being used by the oil and gas industry.
Industry marks decade of oil and gas training scheme
Britain's oil and gas industry has celebrated the success of its technician training scheme during the past decade.
Darling urged to extend tax concessions
Chancellor Alistair Darling was urged last night to widen offshore tax concessions to include potential new gas fields west of Shetland.
Online seismic data store to speed up oil development
An online data store which should help to maximise recovery of the UK's oil and gas reserves was launched yesterday.
Salmond visit likely to be brief
FIRST Minister Alex Salmond will be at Offshore Europe today, but is expected to leave by late morning.
MPs back calls for action to help maintain vital exploration
MPs are poised to add their voices to demands from the North Sea oil industry for urgent government action to help maintain vital exploration and development offshore.
Tax move ‘can help UKCS compete’
Tax allowances for developing oil fields introduced in this year's Finance Bill should help to keep the UK North Sea competitive in attracting investment, it was claimed yesterday.
‘Tantalising’ prospect for Scotland to lead way in new technology
News that carbon capture and storage technology could herald a new era of financial prosperity for the North Sea and the communities that rely on it was widely welcomed last night.
Carbon storage plan could bring new North Sea boom
Three billion extra barrels of oil could be squeezed out of the North Sea using pioneering technology that is expected to create up to 10,000 jobs across Scotland, the Press and Journal can reveal.
Oil and gas show to go ahead as firms plan for pandemic
The world's top oil and gas show will still go ahead as planned in the US next week, despite the swine flu outbreak.
Offshore helicopters to remain grounded
All Super Pumas of the type involved in recent North Sea crashes are to remain grounded until the necessary inspections and modifications are carried out.