North Sea safer despite ‘challenging’ 2016
The North Sea is safer than ever according to the latest statistics despite 2016 being a "challenging year" with one platform death and a helicopter crash which killed 13 people.
OGUK
Efficiency: Industry doing more than talking shop
If you’ve read anything about the oil and gas industry recently, you may have noticed that its efficiency improvements have attracted some positive press. In the face of tough business conditions, our sector is responding to the challenges of the downturn to remain competitive.
Kraken first oil welcomed by Oil and Gas UK
Industry body Oil and Gas UK has welcomed the announcement of first oil from the North Sea's Kraken development.
In a first, OGA sets in motion process for imposing sanctions on company
The Oil and Gas Authority (OGA) is “sharpening its pencil” and won’t hold back from using its powers, the regulator’s boss said yesterday.
No hidden barriers to investment remain, OGA chief says
The boss at the Oil and Gas Authority (OGA) said yesterday that remarkable progress had been made to create an “investment friendly climate” in the North Sea.
£290billion reason for North Sea optimism but decision making ‘crucial’ – OGUK director
There is reason for optimism in the oil and gas industry, if the sector is carefully managed – according to the upstream policy director at Oil and Gas UK.
Nicola Sturgeon to speak at OGUK conference
Scottish First Minister Nicola Sturgeon will deliver the keynote address at the Oil and Gas UK Conference on June 6.
OGUK puts out call for safety awards entries
Oil and Gas UK (OGUK) has sounded the call for nominations as it prepares to celebrate the champions of North Sea safety.
Share Fair Spotlight puts supply chain front and centre
Opportunities in offshore repair and maintenance services will be the focus of an oil and gas industry event in Aberdeen next week.
Copter resilience fleet not the answer to North Sea transport issues
A backup helicopter fleet is not the answer to the North Sea oil sector’s transport issues, an industry chief has said.
Chrysaor gives North Sea vote of confidence with Shell deal
Chrysaor’s deal for a package of Shell’s North Sea assets is a strong vote of confidence for the North Sea, Oil and Gas UK (OGUK) said.
OGUK unveils new board members
The newest board members at Oil and Gas UK (OGUK) said today that they were excited about helping guide industry through challenging times.
North Sea: From the brutally tough to a hint of optimism
Make no mistake, the North Sea isn’t out of the woods yet. However, Oil & Gas UK’s CEO Deirdre Michie is quietly optimistic that the tide of adversity is turning for our offshore industry.
Industry chiefs cast doubt on production cost forecasts
Industry chiefs are concerned that forecasts for production cost reductions on the UK continental shelf will be wide of the mark, a news report said.
Offshore Decom Conference: ‘Exciting opportunity’ lies ahead for sector
The emerging decommissioning market on the UK Continental Shelf (UKCS) will be “exciting opportunity” which will work in tandem with exploration and production in the North Sea, according to the economics director of Oil & Gas UK.
Research on size and shape of North Sea workers published
Data from a two-year study on the changing shape and size of the North Sea workforce have been made available for £120.
Oil & Gas UK calls for fresh commitments in Autumn Statement to boost sector
Industry body Oil & Gas UK has written to the Chancellor of the Exchequer to call for commitments in the Autumn Statement to help boost investor confidence in North Sea exploration and production.
Hundreds attend OGUK Share Fair, chief exec warns supply chain remains “seriously challenged”
The boss of Oil and Gas UK (OGUK) yesterday warned some parts of the supply chain will remain "seriously challenged" in the coming months as the global decline in oil price continues.
Oil & Gas UK’s Mike Tholen calls for clarity over post-Brexit energy policy
A senior voice within the offshore industry has said the ability to access the European single market with the “least friction possible” will be vital to efficient trade post-Brexit.
Opinion: How does the management of risk evolve in a lower oil price world?
Whenever I am asked about whether the current downturn has an impact on how the industry manages its risks, I recognise that behind that question there may be concerns that standards could slip amid the drop in oil prices, the drive to reduce operational costs and news about job losses.
Oil & Gas UK says 120,000 job losses “doesn’t mean” workers aren’t in employment
Oil and Gas UK has undermined its own suggestion 120,000 jobs will be lost in the offshore sector by the end of this year.
OGUK boss believes parts sharing initiative has Amazon-scale potential
Oil and Gas UK (OGUK) wants to see a pioneering North Sea equipment sharing initiative grow from “small beer” into an Amazon-esque virtual warehouse.
OGUK names new four board members, including Premier Oil boss
Oil and Gas UK (OGUK) have named four new board members.
OGUK makes plea for more support
Oil and Gas UK (OGUK) chief executive Deirdre Michie last night called on the UK Government to build on the support it has already given the industry.
North Sea decommissioning opportunities revealed at OGUK event
A trio of oil and gas companies told the North Sea supply chain how to get involved in decommissioning projects at an event in Aberdeen this week.