Offshore Energies UK (OEUK) will host key operators and the North Sea Transition Authority (NSTA) at an upcoming event examining how the North Sea can reduce emissions through the electrification of offshore platforms.
The UK Government has announced plans for regulatory “accelerators" which it claimed could shave "years off” development time for new oil and gas projects in the North Sea.
The UK Government’s new British Energy Security Strategy must ensure that low-carbon infrastructure is built in the UK, according to energy trade groups and unions.
The UK’s bus and lorry fleets, plus many homes, could be running on low carbon hydrogen within two decades thanks to green technologies now being pioneered in three UK regions renowned until now for their carbon-intensive industries.
The Scottish Secretary has said an oil and gas windfall tax would be “absolutely the wrong thing to do” ahead of the Chancellor's Spring Statement next week.
The SNP has called for a broad-based windfall tax on ‘excess profits’ of major companies, including the energy sector, to help ease the cost of living crisis.
Boris Johnson has hosted the leaders of the UK oil and gas industry at Downing Street to discuss how to achieve “greater energy independence” for Britain.
Ramping up the production of oil and gas in the North Sea in response to rising prices caused by the invasion of Ukraine would be "impractical", Nicola Sturgeon has said.
The UK’s offshore energy trade body says it supports half of the proposed checkpoint tests on new North Sea oil and gas licensing, but that the process ‘must be workable’ or risks damaging investment in the basin.
The UK’s offshore energy industry is aware it has a major opportunity to drive a very positive future – both for the UK economy and its energy mix alike.
Climate Change Committee chief executive Chris Stark said the industry and regulator the Oil and Gas Authority (OGA) could do more, sooner to reduce emissions if North Sea production is to continue.
By Mez Riezia, OGUK Energy Transition Adviser, Sustainability
When Crown Estate Scotland announced the outcome of its application process for ScotWind Leasing in January, it marked the first Scottish offshore wind leasing round in over a decade. It also demonstrated one of many ways our industry is actively focused on reducing its carbon footprint.
The decision by Oil & Gas UK to broaden its remit and change its name name to reflect the UK’s intended shift to low carbon energy pretty much across the board comes as no surprise.