NSTA poised to unveil new TWIST to support decommissioning sector
The North Sea Transition Authority (NSTA) is ramping up its ‘carrot and stick’ approach to decommissioning as the regulator prepares to unveil a new TWIST.
north sea oil
5 flashpoints as oil and gas revenue boost sparks political clash over energy future
The latest official 'Gers' figures show Scotland's share of oil and gas revenue was worth £9.4bn last year – is that reason to celebrate or worry about a volatile future?
Sturgeon says she will consider action to help oil industry amid pandemic
Nicola Sturgeon pledged to discuss extra support for the North Sea oil industry but failed to outline specific measures when asked about the impact of the plummeting oil price.
Apache, Chrysaor kick off Solar exploration well in UK North Sea
Apache and partner Chrysaor have started drilling an exploration well in the UK North Sea.
Independent Oil and Gas agrees ‘landmark’ North Sea farmout
Independent Oil and Gas (IOG) has agreed to sell 50% of its southern North Sea assets, excluding the Harvey licences, to CalEnergy Resources.
Scottish resources calculated for first time
Natural resources in Scotland have been valued at one-third of the UK's total by a groundbreaking new study.
Exclusive: North Sea a ‘tremendous laboratory’ for new technology, TechnipFMC exec says
The boss at energy service giant TechnipFMC said yesterday that the North Sea is a “tremendous laboratory” for testing new ideas and technology.
North Sea ‘still tough going economically’ despite predicted end to lower-for-longer
Professor Alex Kemp today said that the North Sea still has some way to go until it sees the reported end of 'lower-for-longer'.
Top stories 2016: Last flight takes off from Murchison
Energy Voice has delved into its archives for this year to bring you some of the top stories from 2016.
Brexit highly likely to damage Scotland’s economy, forecast warns
It is highly likely that Scotland’s economy will be damaged if the UK votes to leave the EU, according to independent forecasters.
OGUK 2016: Compromise key for North Sea future, industry expert says
Oil and gas majors must compromise to deliver an upturn in the sector’s fortunes, an industry analyst said yesterday. Stephen Halliday, group president of consultancy group Wood Mackenzie, said the energy industry was competitive by nature and that for serious progress to be made, the sector’s leadership had to get in a room together and collaborate. It comes days after PwC published a report saying the industry needed a “change in guard at the top” to disrupt its “we’ve always done it this way” mentality.
Oil industry needs a lifestyle change not just a January diet says Amec FW chief
The North Sea oil crisis is a health scare that must prompt the industry to make lifestyle changes to make it healthy for the long term rather than a fad diet soon jettisoned for old bad habit, according to a senior industry figure.
Go on then, how many songs can you name that are inspired by oil?
Seventies prog-rock band Jethro Tull took inspiration from the offshore industry for their 1979 single North Sea Oil, which you can watch below.
If not oil and gas, then what for Aberdeen?
If not the oil and gas industry, then what?
Tough times for sure, but the future of North Sea remains bright
With the oil price hovering at $30/bbl, it is unsurprising that some are claiming that the North Sea is dead, however they could not be further from the truth.
Opinion: More must be done to galvanise the North Sea oil and gas industry
There is a temptation as I write this to suggest some ‘New Year’s Resolutions’ for the UK Government and their approach to the energy industry next year, but I wouldn’t want to add to their list of promises they don’t intend on keeping.
Should oil’s acquaintance be forgot and never brought to mind?
Who would be an economist?
US buyers eyeing struggling North Sea oil and gas firms
American buyers are poised to throw lifelines to struggling small businesses in Scotland’s oil and gas industry, according to a mergers and acquisitions (M&A) expert.
An OPEC decision not to cut production could hit North Sea oil sector says KPMG
OPEC's widely anticipated decision not to cut production could have far reaching consequences for the global oil markets - and the North Sea oil industry - according to experts at KPMG.
Oil and Gas UK warns further job losses “inevitable” in North Sea
Further job losses in the North Sea are inevitable as the “challenging times“ for the oil and gas industry continue, MSPs have been warned.
OGA chief Samuel warns North Sea could face a “very grim” future
The head of the Oil and Gas UK Authority has said the industry in the North Sea is like an “ageing patient” that could face a “very grim” future.
Industry leaders join Oil and Gas UK board
Total managing director Elisbeth Proust has joined the board of industry body Oil & Gas UK as part of a shake up of members.
Osborne accused of “ridiculing” North Sea’s fall in revenues
George Osborne was accused last night of abandoning the North Sea as he announced UK oil and gas revenues are predicted to plummet by 94% this year.
Sir Ian – City Deal could lead to “renaissance” for Aberdeen
Sir Ian Wood warned yesterday that the north-east faces becoming a “museum” if the region fails to secure funding from the £3billion Aberdeen City Region Deal.
“Slash and burn” approach threatens North Sea oil industry
Oil companies’ “slash and burn” approach to cutting the costs of their North Sea interests is putting Scotland’s offshore industry at risk, a union leader has warned Holyrood.