UK energy bills to surge to £108 billion off higher oil prices – OEUK
Combined bills for households across the UK will surge beyond £100 billion when the new price cap takes effect in October, according to new research.
Offshore Energies UK (OEUK)
Energy sector trade bodies discuss new Prime Minister Liz Truss
With Liz Truss announced as the new leader of the conservative party, the energy sector will not be exempt from the shockwaves felt across the UK that come with a new PM.
Research reveals majority of youngsters would consider career in energy sector
More than half of young people would consider a career in the UK’s energy sector, new research has found.
Medical condition sees OEUK boss Deirdre Michie step back
Deirdre Michie, chief executive of Offshore Energies UK (OEUK), has temporarily stood back from the role after being diagnosed with a medical condition.
Energy Voice and NZTC presents ‘Technology powering the North Sea Transition Deal’
There is no single solution to deliver net zero. Affordable, low carbon energy growth will be driven by innovative technology.
Next PM urged to shut down windfall tax ‘speculation’ as candidates visit north-east Scotland
The next Prime Minister has been urged to back the energy sector and shut down windfall tax "speculation" as Liz Truss and Rishi Sunak visit North-east Scotland today.
Windfall tax revisions risk ‘untold damage’ to energy security says offshore trade body
The UK’s offshore energy trade body has warned that further changes to “windfall” taxes on the oil and gas sector would reduce energy security and increase consumer costs.
OEUK issues new guidance to support methane emissions reduction
Trade body Offshore Energies UK (OEUK) has launched new guidelines to help oil and gas firms reduce methane emissions from the production of oil and gas.
Equinor will pay £834m less in tax if Rosebank is approved, campaigners argue
An environmental group is claiming Equinor will pay millions of pounds less in tax if the North Sea Rosebank field gets the go ahead.
UK offshore energy body launches search for new chief exec
Offshore Energies UK (OEUK) has launched its search to find a successor to executive Deirdre Michie, who steps down at the end of this year.
UK supply chain poised for lion’s share of carbon capture benefits
Some miles off the coasts of England, Ireland and Scotland, deep under the sea, lie rock formations which could be capable of holding up to 78 billion tonnes of CO2.
OEUK launches new survey to help drive D&I in offshore energy
Offshore Energies UK (OEUK) will survey its members to help measure the overall diversity of the offshore workforce, as it works to improve inclusion and representation.
Government urged to shed light on ‘Track 2’ timeline following CCS report
UK Government is being urged to give urgent clarity about future support for carbon capture and storage (CCS) projects.
‘Urgent action’ needed to ensure north-east is at heart of UK’s £100 billion CCS industry
Carbon capture and storage (CCS) could create and underpin thousands of green jobs in the north and north-east of Scotland in the coming years.
Finalists announced for 2022 Offshore Safety Awards
Energy majors and local supply chain firms are among the finalists announced for this year’s Offshore Safety Awards.
Electrification, carbon storage and hydrogen could create 26,000 UK jobs by 2030, study finds
A trio of emerging low carbon technologies could generate almost 30,000 new UK jobs by 2030, according to research by Robert Gordon University (RGU).
Update: North Sea’s stable reputation ‘protected’ as Norwegian government intervenes to halt offshore worker strike
The Norwegian government has stepped in to end industrial action by offshore workers which threatened to shut in almost 60% of the country’s gas exports.
North Sea must expand safety scope across new energy agenda, says HSE chief
“We've got to learn from what others have gone through, but at the same time pass on our own learnings to other industries,” says Offshore Energies UK’s (OEUK) new safety boss Mark Wilson.
So, what came out of the discussion with Sunak?
Last month, Chancellor Rishi Sunak flew into the Granite City - home of the UK’s offshore energy industry. He was there to listen directly to the concerns put forward by industry leaders on the Government’s proposed energy profits levy.
Exclusive: Deirdre Michie to step down as CEO of trade body OEUK
Industry leader Deirdre Michie is to step down as CEO of the trade body Offshore Energies UK (OEUK) after nearly a decade at the helm.
‘What did I need to do differently?’ – Asco boss shares emotive story that ‘shaped’ approach to health and safety
“That's really where I can look back to and see how my whole focus towards this was developed”, Peter France told the Offshore Energies UK (OEUK) HSE conference.
Piper Alpha survivor tells OEUK conference to share ‘personal stories’ to inspire safety culture
A North Sea health and safety leader has underlined the need for industry to take the “good practice” it has developed into the transition.
Oil bosses seek windfall tax guarantees from Rishi Sunak in high-power Aberdeen meeting
Oil and gas industry executives will seek clarity on three key points from Chancellor Rishi Sunak in a high-level meeting about the windfall tax in Aberdeen on Thursday.
The Treasury has published the draft windfall tax law – and wants your thoughts
The Treasury has opened the door for feedback on the North Sea windfall tax as draft legislation has today been published.
Equinor dismisses ‘speculation’ of windfall tax threat to £4.5bn Rosebank project
Equinor has dismissed "speculation" suggesting it has “threatened to abandon” the £4.5bn Rosebank project due to the UK windfall tax.