Finding fresh cash theme of next OGUK oil and gas seminar
A seminar to look at how the cash-strapped oil and gas industry can find fresh finance will take place in Aberdeen later this month.
OGUK
UKCS gas leaks up in 2015 as detection technology improves – OGUK report
Better technology could be behind an increase in the number of oil and gas leaks reported on the UK continental shelf (UKCS) in 2015, according to new research. In its latest annual health and safety report, Oil and Gas UK (OGUK) said the number of offshore hydrocarbon releases went up by 9% last year. But the industry body said the rise was largely made up of minor incidents, as the frequency of major leaks was flat.
Petrofac’s Walter Thain to lead OGUK’s Efficiency taskforce
Petrofac's Walter Thain was today named chairman of Oil & Gas UK's UK Efficiency Taskforce (ETF).
Fraser Well Management opens new office in Aberdeen
An oil consultancy has underlined its confidence in north east Scotland by opening a new office in Aberdeen.
OGUK 2016: Gaming technology used by engineers on Culzean
Gaming technology has inspired engineers from Maersk Oil to build efficient platforms and produce future cost savings for its Culzean project.
Scotland’s jobless total drops by 11,000
Unemployment in Scotland has fallen by 11,000 between February and April to stand at 160,000, official figures show.
OGUK 2016: Compromise key for North Sea future, industry expert says
Oil and gas majors must compromise to deliver an upturn in the sector’s fortunes, an industry analyst said yesterday. Stephen Halliday, group president of consultancy group Wood Mackenzie, said the energy industry was competitive by nature and that for serious progress to be made, the sector’s leadership had to get in a room together and collaborate. It comes days after PwC published a report saying the industry needed a “change in guard at the top” to disrupt its “we’ve always done it this way” mentality.
OGUK 2016: Economy Secretary warns Treasury last budget was “missed opportunity”
The Scottish Government is heaping pressure on George Osborne to provide immediate support for oil and gas exploration in the North Sea.
OGUK 2016: Keith Brown to address conference
The Scottish cabinet secretary for the Economy, Jobs and Fair Work will address this year's Oil & Gas UK annual conference.
UK oil and gas job losses reach 120,000
An estimated 120,000 jobs will have been lost by the end of this year as a result of the collapse in fortunes of the UK offshore oil and gas industry.
Ministers listening as 25,000 North Sea jobs “at risk”
A visit by ministers to Aberdeen yesterday was welcomed as a “strong signal” that the Scottish Government was “open for listening” to the region’s oil and gas industry.
OGUK seeking subsea data experts
Trade body Oil & Gas UK (OGUK) us seeking data experts to help the industry make sense of one of the world’s largest collections of subsurface oil information.
Offshore workers tell OGUK chief “we don’t get it” over offshore cuts
The boss of industry body Oil and and Gas UK has moved to clarify comments she made to MPs after angry oil workers objected to her claiming they "get it" about why cost cutting measures are being taken by companies.
OGUK launches new series of share fairs
Oil and Gas UK (OGUK) aims to build on the momentum gathering behind efforts to reduce energy sector costs with the first in a new series of “share fairs”. The industry body’s new share fairs aim to spur collaboration by giving supply chain companies a chance to have one-to-one interviews with operators’ decision-makers and listen to presentations on key topics. The first event in OGUK’s Aberdeen office on Wednesday, April 27 will focus on the theme of maintenance and repair.
OGUK reveals wish list ahead of elections
Industry body Oil and Gas UK (OGUK) yesterday urged the next Scottish Government to make a quartet of commitments to help energy companies steer a course out of the downturn. OGUK said the government needs to create a supportive business environment, delivery world-class infrastructure and connectivity, help innovation flourish and support skills retention.
Latest well integrity guidelines published by Oil and Gas UK
The latest revision of well integrity guidelines have been published by industry body Oil and Gas UK.
OGUK’s Mike Tholen: Budget needs to deliver 20% tax cut or risk hundreds of thousands of jobs
Oil and Gas UK today made a rallying call to the UK government to rethink its tax strategy or risk costing the North Sea a billion barrels of oil and hundreds of thousands of jobs.
North Sea production faces collapse by 2020 without investment
North Sea oil and gas production will collapse as early as 2020 unless the basin sees greater investment, an industry expert has warned.
North Sea hits “super-maturity” as Oil & Gas UK calls for big tax cuts
The UK North Sea has become a “super mature” field, experts have claimed, as a new report lays bare the effect of the oil price crash on the economics of the basin.
Deirdre Michie: Tax cuts “urgently needed”
The UKCS is entering a phase of ‘super maturity’.
Politicians and industry chiefs back new trade unions alliance
Politicians and industry chiefs pledged to work alongside the newly-formed Offshore Co-ordinating Group (OCG) in its crusade to protect North Sea jobs. Energy Minister Fergus Ewing said was “absolutely imperative” for the Scottish Government to listen to trade unions. Mr Ewing said: “Just this morning, I was agreeing with Grahame Smith that one way the industry can increase efficiency is by listening very carefully to the workforce offshore.
OGUK’s Deirdre Michie: Facing an uncertain future
2015 has been a difficult year for the UK oil and gas industry. After 50 years of exploration and production, the UK Continental Shelf (UKCS) is at a crossroads. While recent record investment and efficiency improvements are yielding the first rise in oil and gas production for over 15 years, our future is less certain.
ITF seeking proposals for new cost cutting and efficiency ideas
The search is on for proposals that can make a big impact in cutting costs and increasing efficiency in the oil and gas sector.
OGUK launches new oil spill response guides
Four new guides have been added to an information ‘toolkit’ to help offshore oil and gas operators implement their response should there be an oil spill in the North Sea.
OGUK reacts to Autumn Statement
Oil & Gas UK's economics director Mike Tholen said it was important the industry continue to boost confidence and encouragement investment in the North Sea following Chancellor George Osborne’s Autumn Statement and Spending Review.