The University of Aberdeen is set to benefit from a £250,000 grant from the Oil and Gas Authority (OGA) to investigate the potential for hydrocarbon exploration in the Rockall area of the North Atlantic.
Energy Voice sat down with the Oil and Gas Authority's director of exploration and production, Gunther Newcombe, to discuss how the 29th licensing round differs from previous rounds and learn more about its many North Sea firsts.
The UK North Sea industry does have a sustainable future, if action is taken now to make the changes needed to deliver $15 dollar production costs, industry experts insisted today.
The chief executive of the new oil and gas regulator has said it stands “fully ready” to support the carbon capture and storage (CCS) sector in the future.
The chief executive of the Oil and Gas Authority said continued efforts to stave off decommissioning were being made to support the UK oil and gas industry.
As the North Sea industry grapples with budget cuts and thousands of job losses, the chief executive of the Oil and Gas Authority has called on the sector to refocus its efforts on the opportunities still available at $30 oil.
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.
The head of industry body Subsea UK has urged the oil and gas industry to take action to now to safeguard the future of the UK’s £9billion subsea sector.
2015 was the year the Oil and Gas Authority (OGA) established itself in the North Sea marketplace. Energy Voice compiled the top stories relating to the regulator, mapping its journey along the way.
With the Autumn Statement announced this week, Derek Leith, UK head of oil and gas taxation at EY, continues in the role of Energy Voice’s guest editor. Follow along each day as he spells out the challenges and triumphs the industry faces.
The oil and gas regulator has called on North Sea operators to listen to the supply chain if the industry wants to really improve collaboration and cut costs.
Chief executive of the Oil and Gas Authority, Andy Samuel, has welcomed the formation of the new Efficiency Task Force (ETF), led by industry trade body Oil and Gas UK, that aims to greater efficiency with the UK North Sea sector.
Independent Oil and Gas has extended the deadline for its acquisition of 50% of the Skipper field discovery in the North Sea after its plans to secure a high-value backer unexpectedly fell through.