Jobs to be at the heart of energy policy during UK election
Two UK energy trade bodies have said that jobs and skills will play a key role in the election campaign as the country gets ready to vote in July.
Offshore Energies UK (OEUK)
General election outcome ‘will be felt for decades to come’
The UK government has announced a date for the upcoming general election, with the energy sector set to become a battleground for debate.
Study finds offshore wind injury rate four times higher than oil and gas
Union officials liken offshore wind to "the Wild West" and call for industry specific safety reforms.
Inside the job of maintaining the offshore energy sector’s social licence to operate
In 2021, weeks after the COP26 summit in Glasgow, the chairman of the UK's Oil and Gas Authority said the North Sea offshore energy industry's social licence to operate was "barely holding".
Revealed: North Sea firms with the largest gender pay gaps
Equinor is paying women more than men on average with other operators like CNR International and Perenco falling well below the UK gender pay gap average.
OEUK appoints trio of North Sea bosses to its board
Trade body Offshore Energies UK has made a series of appointments to its board with North Sea bosses from Well-Safe Solutions, EnQuest and Wood all joining.
North Sea project approvals for 2024 might already be over
"We might not even see any further approvals this year" amid regulator pressure and tax uncertainties.
Environmental campaigners question 200,000 North Sea jobs figure
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.
Industry points to Tier 1 contractors as delayed payment culprits
A major industry report has placed the brunt of blame for delayed payments in the North Sea upon Tier 1 contractor companies.
OEUK announces supply chain principles award winners at Aberdeen Share Fair
Trade body Offshore Energies UK revealed the winners of the Supply Chain Principles awards at the P&J Live in Aberdeen today.
‘We must pay our bills on time’: OEUK boss calls for end to North Sea delayed payments
Trade body Offshore Energies UK has urged its members to pay bills on time to support the country's supply chain.
Industry reacts to UK government’s gas plant plans and electricity market reforms
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".
North Sea firms keenly await Spring Budget clarity on windfall tax
Reports suggest Chancellor Jeremy Hunt is planning to extend the windfall tax on North Sea oil and gas firms.
OEUK’s manifesto aims to avoid ‘passing on our carbon problem’
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.
‘Now is not the time’: Industry leaders slam Spring Budget plans to extend windfall tax
Industry leaders have hit out at reported plans from Chancellor Jeremy Hunt to extend the life of the windfall tax during next week’s Spring Budget.
To grow the UK economy, this must be a budget for a homegrown energy transition
Looking to the Scottish Conservative conference and the looming spring budget David Whitehouse hopes government can unlock investment.
‘Choices will be felt for decades to come’: OEUK launches general election manifesto
Trade body warns that energy transition "will fail" if industry is undermined by policy.
Humza Yousaf: SNP would oppose Labour and keep windfall tax at current levels
Humza Yousaf said he'd maintain the status quo on the windfall tax in Aberdeen following Labour's controversial plans.
OEUK to hold ‘crisis talks’ over Labour windfall tax proposals
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.
Unions liken EPL job loss impact to 1980s miners’ strikes
“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.
OEUK adds to calls for independent net zero strategy in Spring Budget
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.
OEUK: Labour windfall tax plan would ‘wipe out’ North Sea investment
OEUK claims up to 42,000 jobs would be lost under Labour's plans, which would see North Sea firms turn off investment taps.
UK oil and gas regulator issues dozens more North Sea licences
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.
BP, Equinor, Orsted and more lined up for OEUK supplier event
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.
Report warns of North Sea private equity cash wipeout on faster transition
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