A key industry report detailing the cost of decommissioning on the UK Continental Shelf and the progress being made by industry, government and regulators to reduce costs by more than 30 per cent will be unveiled at OGUK’s upcoming business breakfast in London.
More work must be done to develop Carbon Capture and Storage (CCS) so that the North Sea sector can make the transition to a low carbon economy, energy experts have said.
A former oil and gas worker and her ex-energy industry father are tapping into growing demand for wellbeing therapies at their Urban Wellness Hub (UWH) in Aberdeen.
Saudi Arabia hopes OPEC and its allies will agree to extend oil production cuts into the second half of the year at a meeting that will probably take place in the first week of July, according to the country’s energy minister.
New automated technology to accurately and safely measure and analyse flow data on offshore installations is being launched by an Aberdeenshire-based start-up.
Oil tanker owners face spiraling insurance costs to load cargoes from the world’s largest crude-export region after the latest round of attacks on vessels.
Archer said yesterday that it is looking for opportunities to redeploy crew after Shell decided to terminate early a North Sea well decommissioning contract.