Energy minister: New climate checkpoint unlikely to impact Equinor’s 300m barrel Rosebank project
A new climate compatibility checkpoint is unlikely to impact on plans to develop a huge UK oilfield, according to the UK’s energy minister.
North Sea Transition Deal
OGA names winners of £1m platform electrification competition
A trio of projects have won a share of a £1 million pound prize in order to advance platform electrification in the North Sea.
CNOOC confirms first oil from delayed Buzzard Phase 2 project
Production has kicked off at a major project designed to extend the life of one of the North Sea’s largest producing fields.
‘Business returning to its usual pace’ as £16.6bn to be spent on UK decommissioning by 2030
UK industry will spend £16.6 billion on decommissioning over the next decade as activity rebounds in the wake of the pandemic, according to Oil & Gas UK (OGUK).
Let’s get this right: The UK’s green energy revolution must be home-grown
As the host of the landmark COP26 summit, the UK has an important role to play as a world leader in tackling climate change. Our energy industry is no exception.
Shell top brass remain resolute in support of Cambo oilfield development
Shell executives stressed the role of projects like Cambo in the UK energy mix, as the project partners await a decision on the controversial project.
Oil and gas industry challenged to rediscover ‘pioneering spirit’ to speed up transformation
The oil and gas industry has been challenged to rekindle its “pioneering spirit” in order to quicken the pace of the energy transition.
OGUK report praises operators for progress on emissions, bosses say Acorn snub won’t impact targets
UK offshore oil and gas emissions fell by 10% last year, compared to 2018, as Covid-19 sparked lower levels of activity.
Net Zero Strategy to break down barriers for North Sea electrification
The UK government has published its long-awaited Net Zero Strategy, with new support to help decarbonise offshore assets and updated plans for ensuring oil and gas licences meet climate goals.
UK energy minister welcomes OGUK’s new Supply Chain Champion during first visit to Aberdeen
The UK’s energy minister has visited Europe’s oil and gas capital for the first time since he took up the role last month.
UK energy minister insists there’s been ‘no change’ in policy on new fields despite Jackdaw blow
The UK’s energy minister has moved to reassure the North Sea sector after Shell’s Jackdaw was dealt a significant blow.
OGA prepared to get tough over energy transition
The UK’s offshore oil and gas industry could come to an end within a decade on the current reserves/production trajectory, according to data recently published by regulator, the Oil and gas Authority.
Offshore wind: The North Sea sequel
Everybody loves a big-budget, blockbuster sequel. Half a century after the original and long-running oil boom adventure, the North Sea is poised to repeat and surpass that success with an even bigger net-zero carbon and renewable follow-up: the £16 billion North Sea Transition Deal.
UK North Sea spend to top £20bn in coming years, says OGUK report
Spend on projects in the UK North Sea is expected to top £20 billion over the next five years, a flagship study has revealed.
35,000 jobs lost as Covid and volatile prices hit UK oil and gas sector
Nearly 35,000 UK jobs supported by the oil and gas industry have been lost in the last year as Covid and volatile prices struck, according to a landmark new report.
UK energy minister discusses support to decarbonise the North Sea
Details of further government support for decarbonising the North Sea oil and gas sector will be considered by the UK government ahead of its autumn spending review in November, the minister for energy and climate change has said on a visit to Aberdeen.
Cerulean reveals key partner for huge North Sea floating wind and platform electrification scheme
A fledgling company behind a £10-billion plan to decarbonise swathes of North Sea oil platforms using 200 of the largest floating wind turbines has revealed the identity of one of its partners.
Call for ‘passport’ to help North Sea oil workers transition to renewables
Trade unions and climate campaigners have called for the creation of an “offshore training passport” to help workers move between the oil and gas and renewables sectors more easily.
OGUK launches ‘one of the sector’s biggest’ workforce engagement campaigns
Industry body OGUK will conduct one of the sector’s biggest workforce engagement campaigns as part of a wider effort to deliver a fair energy transition.
Sir Ian Wood: removal of export support for oil and gas supply chain a ‘really bad decision’
Sir Ian Wood has criticised governments for removing overseas trade support for oil and gas activities, saying it won’t reduce carbon emissions “one inch”.
IEA net-zero roadmap has no place for further oil and gas exploration
A landmark International Energy Agency (IEA) roadmap says no new oil and gas fields should be developed – beyond those already sanctioned -- if the global energy sector is to achieve net-zero emissions by mid-century.
Energy Transition: Setting targets is the easy bit – meeting them is the challenge
The phrase “Energy Transition” is now a central theme in climate change terminology, but transition to what energy sources and over what time period?
Q&A with UK Export Finance: taking advantage of renewable export opportunities
This year, the government will host COP26, the UN’s global climate change conference, and share how we will reach net-zero emissions by 2050.
‘No fair energy transition without Aberdeen’ – calls for north-east to be part of CCS vanguard
Westminster is being urged to put an Aberdeenshire project at the heart of its plans to roll out carbon capture and storage (CCS).
UK must fully electrify oil basins to meet emissions targets
UK oil and gas firms would have to fully electrify the west of Shetland and central North Sea basins to achieve government and industry’s green goals, an analyst has said.