OEUK releases offshore wind decommissioning guide
Offshore Energies UK (OEUK) has released new guidelines to help offshore wind developers decommission old turbines.
Offshore Energies UK (OEUK)
North Sea operators urged to show ‘commitment’ to UK decom supply chain
The North Sea regulator has urged operators to show "commitment" to the UK supply chain to increase local content in decommissioning.
UK spent ‘more money doing less’ on decommissioning in 2023
Rising costs meant North Sea operators spent "more money doing less work" on offshore decommissioning in 2023, according to an industry report.
Power Moves: MDL’s new director of strategy and more
Aleksandra Jurczak has been appointed as director of strategy and marketing at equipment solutions provider Maritime Developments Ltd (MDL).
‘Super tax’ cannot be justified: Energy firms react to Autumn budget
Labour's budget has brought "a difficult day for the sector" as oil and gas firms face a "super tax", say industry commentators.
North Sea investment allowance changes could have greater impact than EPL raise
University of Aberdeen research warns of potential impact from proposed EPL changes, but Treasury says it is "right that the oil and gas sector contributes" to UK energy transition.
The fate of North Sea oil and gas: ‘It didn’t have to be this way’
This year I retired after a half century working in the UK oil and gas industry. My experience was of a fine industry which achieved stunning feats of engineering excellence and delivered economic prosperity for the UK.
Energy secretary talks Scotland investment in Aberdeen visit
UK energy secretary Ed Miliband is set to visit Aberdeen on Thursday, promoting billions of potential funding and policy measures to support Scotland's energy sector.
Scotland and Humber carbon capture schemes will have to wait until springtime
Energy minister Michael Shanks said to remember the current government has been in office less than 100 days and 'we are moving as quickly as we can'.
Axis unveils seven steps to energy industry equality
Seven initiatives to help energy industry businesses increase the diversity of their workforce were unveiled at an event in Aberdeen.
Who is the UK North Sea’s top tax payer?
Just 35 North Sea companies paid £7.5billion in 2023 as sector warns UK tax policies will kill jobs, investment and receipts.
UK energy sector reacts to GB Energy headquarters announcement
The UK energy sector has welcomed confirmation that GB Energy's headquarters will be based in Aberdeen, but called for more clarity over the government's energy policy.
EVOL: All about OEUK’s big day out in Aberdeen
On Energy Voice Out Loud this week, news editor Erikka Askeland and reporter Mathew Perry take in the OEUK Conference: Powering Our Energy Future.
Shrinking oil and gas profits tax take ‘casts doubt’ on UK Government plans
The decline in the North Sea tax base raises further questions over the £1.2bn per annum uplift in windfall tax revenues which the government has ear marked to fund GB Energy.
North Sea must ‘look beyond’ windfall tax to be ‘open for business’
UK energy minister Michael Shanks has urged North Sea investors to "look beyond" the government's proposed windfall tax, despite warnings the oil and gas sector is "under threat".
BP UK boss warns against North Sea ‘cliffhanger’ ahead of budget
60 years to the day since BP got its first licence to operate in the North Sea, Doris Reiter warns the 'basin will lose out' on jobs, investment and the energy transition unless government and industry get on the same page on taxes.
North Sea energy choice: face ‘premature end’ or be ‘shining example’
Industry and policy makers have a choice, either the UK North Sea faces a "premature end" or it could be a " shining example of how to transition an oil and gas province into a clean energy super basin".
SPE celebrates 50 years in Aberdeen
The Aberdeen section of the Society of Petroleum Engineers (SPE) celebrated its half-centenary with a knees up in the Granite City’s Music Hall.
Energy job losses in Aberdeen affect more than just industry
North-east business leaders not yet certain if GB Energy can fill the gap as job loss concerns hit energy sector.
AR6 falls short of capacity additions needed for 2030 net zero target
The 3.7GW of offshore wind capacity procured in Allocation Round 6 (AR6) falls short of what the country needs to reach its net zero goals, according to trade body Offshore Energies UK (OEUK).
Labour’s North Sea tax hike to land £13 billion blow to UK economy, OEUK says
UK government plans to raise the windfall tax on North Sea oil and gas firms could cause a £13 billion hit to the UK economy between 2025 and 2029, a report has found.
Power Moves: Gillian King leaves NZTC and more
Gillian King has left her position as the director of business development at the Net Zero Technology Centre (NZTC).
UK energy supply chain companies warn “time is running out” to save jobs and investment
The 42 companies manufacturers, professional services and engineering companies employing tens of thousands have issued a joint letter to Sarah Jones, Minister of State for Industry and Decarbonisation.
Continued delayed operator payments create ‘a master-slave relationship’
In 2023 more than a fifth of invoices sent to oil firms were paid late, continuing a “master-slave relationship” between operators and supply chain, according to unions.
Treasury minister meets with oil and gas leaders in Aberdeen to calm EPL fears
OEUK says next few weeks will be "critical" as Treasury Minister promises ongoing talks on windfall tax changes ahead of October budget.