North Sea Transition Deal lays foundation for innovation investment
Former Conservative prime minister Harold Macmillan’s "middle way" and New Labour’s "third way" describe an approach that seeks to occupy the "radical centre" between two extremes.
OGUK
Shaping the future of HSE
This year has been incredibly tough for everyone. Covid-19 has created enormous uncertainties in every aspect of our lives that will reverberate for years. And my strong suspicion is that our society and our industry cannot go through upheavals of this nature, and simply return to life as it was before.
An exciting new chapter or a colossal failure – transition deal reactions
Industry chiefs welcomed the North Sea Transition Deal last night and vowed to work with government to deliver a “homegrown” leap to net zero.
Cnooc aiming to catch up on delayed projects after booking accommodation vessel for Buzzard
Cnooc is aiming to clear some of its project backlog after booking Prosafe's Safe Boreas accommodation vessel for the Buzzard field.
OGUK report underlines need for ‘vital support’, says 30,000 job losses remains ‘reasonable estimate’
Oil and Gas UK (OGUK) has warned that the UK’s energy transition is at risk of stalling unless the industry receives “vital support” from government.
Talent gets a platform
As key contributors to OGUK’s events programme, Lois Wilkinson and Isabella Busch help organise a host of events including the representative body’s annual awards, where members of the next generation achieved industry recognition.
Capital still available to oil firms, but with green tinge
An oil and gas banking expert said today that capital is still available to the sector, but with green tinge.
UK looks to ‘strike balance’ between net zero goals and North Sea oil sector, energy minister says
The UK energy minister said the government is endeavouring to strike a “careful balance” between achieving net zero while preserving North Sea oil sector skills and security of supply.
Updated: Confusion over relaxation of hotel quarantine rules for Scots working in oil abroad
Confusion reigned today over changes to Holyrood’s Covid-19 hotel quarantine rules for Scots returning from overseas oil jobs.
OGUK conference to discuss HSE in post-pandemic world
Representative body OGUK has announced that tickets are now live for its first-ever wholly digital Health, Safety & Environment Conference.
Oilfield service firms at ‘strategic crossroads’ as energy transition accelerates, PwC says
Oilfield service (OFS) companies must decide now whether they are going to stick with hydrocarbons or pivot to low-carbon, a new report said.
BP to reduce number of workers on ETAP after three further Covid-19 cases on board
BP is reducing the number of workers on one of its North Sea platforms after an increase in the number of Covid-19 cases recorded on board.
Equinor senior vice-president named co-chairman of OGUK board
Oil and Gas UK (OGUK) has announced the appointment of a new co-chairman, as the industry’s focus on recovery and transition intensifies.
A sustainable future and a real story to tell
As the UK prepares to host the United Nations Climate Change Conference (COP26) in Glasgow in November, we’re doing all we can to help others understand and see our industry’s crucial contribution towards delivering a net-zero economy.
International trade policy threat to Scottish oil and gas companies
In his latest column, former UK Energy Minister Brian Wilson questions the Scottish Government's withdrawal of support for oil service exporters.
Updated: Weatherford to close Aberdeen manufacturing facilities
US oilfield equipment and service firm Weatherford dealt another painful blow to the Aberdeen oil industry yesterday by confirming plans to shut down its manufacturing facilities in the city.
Collaboration: the time to act is now
In January 2021, OGUK and Deloitte will launch the latest edition of the UKCS upstream supply chain collaboration review and index. The index is developed from supply chain and operator company feedback and provides an understanding of how effectively industry is working together in what continues to be challenging times for us all.
D&I Task Group to explore mental health in oil industry in free online event
Industry body OGUK has announced today that its Diversity & Inclusion Task Group will deliver a free online event on January 18 exploring mental health.
OGUK appoints two directors to drive forward stakeholder and communications agenda
Industry body Oil and Gas UK is appointing two directors to lead its newly created external relations and communications directorates.
Key D&I moments in 2020 and why they matter
There are numerous moments in history we can point to that have shaped the world we live in today; whether through their influence on science and technology, culture and sport, politics, or society and human rights.
Stark diversity dearth
In the coverage of Chrysaor’s reverse takeover of Premier Oil, the chief executive of a Tanzania-focused E&P firm with no skin in the game of that deal might not have expected to get a mention.
2021 could be year for hope
With the confirmation of President-Elect Biden now certain, three credible vaccines against the coronavirus pandemic entering final stages of approval, and governments around the world seeking to spur a green economic recovery, we bring 2020 to a close with a great deal more certainty and hope for 2021 than we might have thought possible only a few months, if not weeks, ago.
Updated: Union estimates 12,000 North Sea jobs lost and warns of worse to come
A trade union boss has warned predictions that 8,000 jobs have been lost in the oil and gas sector due to the latest downturn are likely to be very conservative.
‘We must start the new year more positively’, says Oil and Gas UK chief
Reflecting on Oil and Gas UK’s prediction that North Sea projects could take up to three years to return, the industry body’s chief executive, Deirdre Michie, said, “we have to start the year more positively than that.”
OGUK says Prime Minister’s emissions targets reinforce need for sector deal
Trade body Oil and Gas UK (OGUK) has restated the importance of Westminster following through on its promises of a “transformational” sector deal.