North Sea production faces collapse by 2020 without investment
North Sea oil and gas production will collapse as early as 2020 unless the basin sees greater investment, an industry expert has warned.
North Sea oil and gas
Sir Ian Wood: It’s completely wrong to say North Sea is finished
Oil industry veteran Sir Ian Wood has said it is completely wrong to think that the North Sea oil industry is finished and gave a guarantee that it will return to strong activity within the next five years.
Subsea Expo 2016 Guest Editor: We have the expertise and drive to turn things round
I’ve just taken my last walk-around this year’s Subsea Expo and chatted to some very weary exhibitors who are in the process of dismantling their stands and looking forward to putting their feet up.
Subsea Expo 2016: Sector should learn from UK car industry how to reinvent itself
The UK oil and gas industry should learn from the car industry how to reinvent itself as a world-class technological leader, a company boss has urged.
Subsea Expo 2016: Industry must transform to survive
The entire oil and gas industry must transform the way it goes about its business if there is to be a viable future.
Offshore union warns of long-term damage to oil and gas industry
Offshore union RMT has warned of long-term damage to Britain’s energy industry after BP posted its largest annual loss for 20 years and revealed another 3,000 job losses as it continued to hack back on budgets in the face of global turmoil.
We need fundamental change not knee-jerk response to industry crisis
There’s not a quick fix solution to the range of issues currently facing the subsea industry.
Oil and gas downturn hits Scottish economy
The Scottish economy contracted last month as a result of a downturn in the oil and gas industry, according to a new report.
North Sea business confidence levels at all time low, report finds
Confidence levels among oil and gas contractors working in the North Sea have hit an all-time low, with a large majority believing job losses will continue over the next year, an industry report has found.
Autumn Statement 2015: Oil and gas industry will have to be its own saviour
Chancellor George Osborne gave the North Sea oil and gas industry a clear signal that it will have to become its own saviour - by saying nothing about it in his Autumn Statement.
North Sea: Life after redundancy
An Aberdeen engineer, made redundant during the recent oil industry contraction, has decided to return to further education as the sector confronts a new reality.