As the House of Lords prepares to debate the UK government's Offshore Petroleum Licensing (OPL) bill today, environmental campaigners are calling into question the government's use of figures showing the North Sea oil and gas industry supports 200,000 jobs.
UK Energy Secretary Claire Coutinho has set out plans to build new gas power stations to avoid what she described as the "genuine prospect of blackouts".
By David Whitehouse, chief executive Offshore Energies UK
Offshore Energies UK has this month launched its manifesto for the general election with a list of essential proposals for the incoming government as we ramp up the homegrown energy transition and the drive for net zero.
Trade body Offshore Energies UK (OEUK) will hold “emergency summits” with operators and the supply chain this week over proposals unveiled by Labour to extend the windfall tax if elected.
“There are more and more comparisons to be drawn” between the large-scale miner's strikes of the 1980s and the effects of Labour’s windfall tax hike, unions say.
Energy representatives have asked for a ‘holistic’ approach to energy policy and tax incentives in the upcoming Budget, which would help guide the UK to net-zero.
The UK oil and gas regulator has issued 24 new North Sea exploration licences as part of its latest Licensing Round, with oil majors Shell, BP and TotalEnergies among the winners.
A host of major North Sea operators and contractors are set to meet with suppliers and present new project opportunities at March’s Share Fair event in Aberdeen.
Carbon Tracker says oil and gas cashflows are at major risk of plummeting demand, though industry leaders say North sea firms are integral to energy transition delivery
Trade body chief executive, David Whitehouse, will chair Offshore Europe 2025 and the executive committee for SPE ahead of the event, set for Aberdeen.
“We want the oil and gas sector to be the most inclusive sector to come and work” says OEUK boss following disappointing D&I reporting from its member organisations.
Women working in the North Sea energy sector are still experiencing issues with finding correctly fitting PPE, according to an Aberdeen-based gender equality group.
By Thibaut Cheret, OEUK Wind and Renewables Manager
In the quest for a sustainable future, the UK’s offshore wind industry stands at a critical juncture - poised for success but, like the rest of the energy industry, facing formidable challenges.
With an ongoing cost of living crisis, war in Ukraine, and increasingly evident impacts of climate change, energy policy has been firmly at the centre of the political debate.