Oil and Gas UK chief welcomes Maersk’s Culzean go-ahead
The head of industry trade body Oil & Gas UK has welcomed Maersk's confirmation that its $4.5billion high pressure, high temperature Culzean field in the UK Central North Sea is to go ahead.
Oil and Gas UK
New board members join Oil and Gas UK
Industry trade body Oil and Gas UK has made number of appointments of member company representatives to its board.
Decommissioning industry urged to take the initiative
The head of industry trade body Oil and Gas UK will address the Offshore Decommissioning Conference held in Scotland later this year.
Piper Alpha memorial trust receives industry funding to maintain garden of remembrance
Funds to help pay for the ongoing maintenance of the North Sea Memorial Garden in Aberdeen that pays tribute to the 167 men who lost their lives in the 1988 Piper Alpha disaster are being handed over today.
Oil and Gas UK launches regional briefings for Economic Report
Industry body Oil and Gas UK is hosting a series of regional briefing sessions to discuss the findings of its 2015 Economic Report.
New category for Oil and Gas UK Awards 2015
A new award recognising the contribution of energy sector pioneers will be presented at this year's Oil and Gas UK Awards.
Industry body says UKCS production could be on the rise
Industry body Oil and Gas UK said production is set to rise for the first time in 15 years, according to provisional figures.
UK oil and gas firms still “fragile” about industry
Oil & Gas UK's Business Sentiment Index for the second quarter of 2015 published today shows that industry remains fragile but that companies’ outlook is improving.
Oil and Gas UK updates well abandonment guidelines
New guidelines have been set by Oil and Gas UK for well abandonment in a bid to increase cross-industry understanding of issues surrounding the process. The industry body has made the move in a bid to continue improving safety and performance across the UKCS (UK Continental Shelf). The first guidelines were set just over 20 years ago with input from member companies and stakeholders.
Oil and Gas UK honoured for offshore safety help
Industry body Oil & Gas UK has been hailed for helping improve safety and efficiency offshore.
New report urges oil and gas firms to cut costs by taking a lead from other industries
Oil and gas firms need to cut costs by up to 40% a barrel to prolong the production life of the North Sea, a new report says. It urges energy firms to implement seven key tactics used by the aerospace, automotive, chemical, and rail sectors to lower costs and manage performance during hard times. The report, from professional services firm PwC and the Oil and Gas Industry Council, will be officially launched at the Oil and Gas Industry Conference (OGIC) 2015 in Aberdeen today.
Well services providers prepare for profit drop
North Sea well services contractors expect revenues and investment to drop by about a quarter this year as balance sheets start to reflect the full severity of the downturn in the sector, a new report said.
Oil and Gas UK warns new waste rules ‘could shut down North Sea platforms’
The oil and gas industry is facing a radioactive waste crisis which could force some platforms to shut down, Energy Voice can reveal.
Oil and Gas UK: ‘North Sea optimism is falling’
Optimism in the North Sea is continuing to decline, according to industry body Oil and Gas UK.