OEUK backs engagement as first set of North Sea strikes end
An industry trade body is calling on all sides to get around the table in order to avoid another wave of North Sea walkouts.
Offshore Energies UK (OEUK)
OEUK event charts next steps for UK CCUS
Offshore Energies UK will host its first dedicated event on carbon capture and storage (CCS) next month, as it looks at next steps for the emergent sector.
Inaccurate UK Government figures on Uplift North Sea oil spills report
UK Government data supplied to campaign group Uplift on North Sea oil spills was inaccurate, the industry regulator has confirmed.
1,300 North Sea workers launch strikes in ‘biggest offshore stoppage in a generation’
Unite says the North Sea strikes could bring platforms to a standstill, though this has been played down by operating companies.
UK must turbocharge offshore energy investment, says OEUK
Picture this: It’s 2050, the UK relies on other countries for all its oil and gas supplies. Our associated emissions have skyrocketed because of our reliance on higher carbon imported energy and LNG.
North Sea firms ‘disappointed’ over lack of windfall tax concessions
Oil and gas representatives hailed government commitments to energy security and CCS but hit out over the lack of any let up in windfall taxes amid Thursday’s energy policy blitz.
OEUK helps launch cross-sector framework for offshore incident response
A new initiative has been launched by the UK’s offshore trade body which will help companies respond more effectively in the event of an incident or oil spill.
‘Something has to happen’: North Sea months away from offshore wind-decom clash
Dozens of platforms and substructures are to be removed in 2024 - while 16 windfarms are forecast to be installed; an unprecedented level of activity.
North Sea boss warns UK is ‘falling behind’ in global race for energy investment
An industry boss has questioned the UK’s ability to source the £1.4 trillion needed to zero out carbon emissions by 2050.
North Sea firms slash 500m barrels from plans on EPL uncertainty, OEUK finds
Millions of barrels of oil and gas could be left in the ground as North Sea firms tailor their plans to the UK’s “uncertain” tax regime.
‘Rebuilding confidence’: UK Gov expected to make windfall tax and CCS announcement in Aberdeen
"Energy security day" expected to include a revamped net zero strategy - though the venue of Aberdeen could change.
UK annual energy imports bill crashes through £100bn threshold for first time ever
For the first time ever, the UK shelled out more than £100 billion on annual energy imports in 2022.
OEUK boss calls on government to rebuild investor confidence
The head of Offshore Energies UK will emphasise the importance of investor confidence in the North Sea alongside the sector’s safety leadership at the group’s HSE conference on Tuesday.
Operators, contractors and unions make commitment to ESA during roundtable
Signatories to a North Sea collective bargaining deal will work together to find a “constructive way forward”, after months of unrest offshore.
Leading and learning to enhance energy sector’s HSE performance
The North Sea has been producing oil and gas for over 50 years.
‘Out of touch’: Activists hit out at Shell’s oversight role for North Sea transition
Activists have hit out at a Shell boss being given joint oversight with the regulator for the North Sea industry energy transition.
ICYMI: OEUK Budget letter warns Chancellor of North Sea finance and investment risk
This article was first published on March 6.
Amid taxes, spending cuts and political opponents, can the new OEUK boss bring the fightback?
‘I relish the challenge’ says new OEUK chief executive David Whitehouse on winning over policymakers.
Windfall Tax: Over 90% of North Sea producers have cut spending
“When you read about companies not investing, those are real people that are losing their jobs, that is hundreds of jobs being lost,” said OEUK chief David Whitehouse.
TotalEnergies safety boss among speakers at OEUK HSE conference
Offshore Energies UK (OEUK) has unveiled the line-up for its upcoming HSE conference in Aberdeen.
Poll shows Scots want to halt rush away from oil and gas
Most Scots want the government to avoid a rush to wind down oil and gas production, according to a poll which puts North Sea jobs at the centre of the SNP leadership debate.
UK North Sea braces for $25bn cash flow crash
Inflation, rig rates and the windfall tax will hit 40 companies over the next five years – some of that cash would otherwise go to areas like safety and decarbonisation.
‘Massive disconnect’ between transition policy and fiscal system, says OEUK
The UK’s offshore trade body said that the government’s energy transition ambitions do not match up with the ‘unpredictable’ fiscal policies surrounding oil and gas.
‘Our sector is suffering’: OEUK boss reflects on first weeks in post
The new head of Offshore Energies UK (OEUK) says that despite record-breaking profits, Britain’s energy sector is struggling in the face of increasing taxes and a supply chain crunch.
Spotlight on Scottish Energy Strategy
Energy policy and legislation has dominated the political agenda at Holyrood and Westminster since parliamentarians returned in January.