£100bn of North Sea projects held up as production hits 30-year low
Around £100 billion of North Sea projects are being held up over political uncertainty – while UK oil production hit its lowest in nearly 30 years.
Around £100 billion of North Sea projects are being held up over political uncertainty – while UK oil production hit its lowest in nearly 30 years.
“The debate shouldn’t be oil and gas versus renewables. It should be oil and gas plus renewables."
Following an ‘OilyFans’ billboard sting in July, Don’t Panic is pitching a multi-thousand-pound online hit campaign, complete with a stunt film and deepfakes of oil bosses.
His comments come ahead of a rumoured government summit dedicated to reversing the flight of capital from the North Sea.
As we build this future, there is no simple choice between oil and gas on the one hand and renewables in the other, writes Katy Heidenreich.
Rishi Sunak has confirmed that he will grant hundreds of new North Sea licences as part of an ongoing exploration round, however, is this the right move for the UK and the environment?
The UK offshore services sector (OFS) has had a rough time over recent years, given the COVID-19 pandemic, declining oil and gas activity, political uncertainty and limits on the pace of the energy transition.
As Offshore Helicopter Services announces job cuts trade body, Offshore Energies UK, says it encourages firms to "adopt a sustainable approach" to aviation contracts.
Carbon capture and storage (CCS) projects in the US and Europe are benefiting from repeated delays to the UK’s rollout of the emissions busting technology.
Meanwhile First Minister Humza Yousaf called for an end to "dithering and delay" for Acorn CCS funding.
Offshore Energies UK (OEUK) has partnered with Robert Gordon University for a roadmap that has the potential to unlock £90 billion for the UK supply chain.
The offshore industry will review the weight and size of North Sea workers as concerns are raised over crews fitting into platform lifeboats.
The coming together of industry is so important, and it becomes even more pertinent as we approach the anniversary of a tragic event.
Offshore Energies UK is asking the offshore workforce to answer its survey on diversity and inclusion in the sector.
North Sea trade body Offshore Energies UK (OEUK) hit out at a new report today from the Committee on Climate Change, describing the findings as "paradoxical".
Tim Pick commended the UK offshore wind industry for its steady cost reductions during an event in Aberdeen on Tuesday.
Ambiguity has been highlighted once again over Labour plans for North Sea energy policy.
The percentage of women working in the UK North Sea has remained at just 3.4 to 3.6%, said trade body OEUK.
Offshore Energies UK has opened nominations for its 2023 annual award ceremony with three new categories.
The trade body, Offshore Energies UK (OEUK), has announced the appointment of Apache, Baker Hughes and NSMP representatives to its board.
Labour has proposed a ‘national mission’ to boost clean energy, but failed to address uncertainty around the future of North Sea oil and gas.
Scottish Labour leader Anas Sarwar says the party would honour any new oil and gas licences granted in the near future, including for the controversial Rosebank field.
Decarbonisation is one of the biggest challenges of our time, and for the UK offshore energy sector, reducing emissions is also one of the biggest opportunities for growth.
North Sea chiefs challenged industry to change public perceptions around carbon capture and storage (CCS) during an OEUK event in Aberdeen on Tuesday.
The sector refuted the claim, pointing to extensive investment plans and lengthy evidence submissions issued to the committee.