OGA recruiting for top jobs
The Oil and Gas Authority (OGA) is looking to make a number of permanent appointments at its headquarters in Aberdeen.
UKCS
Climate change costs fears following £1bn scrapping of carbon emissions storage
Cancelling a £1 billion competition to develop technology to capture and store carbon emissions could push up the costs of meeting climate targets, Whitehall’s spending watchdog has warned.
Brexit: All you need to know about the industry’s reaction so far
The historical vote by the UK to leave the European Union has seen a mixed reaction from the energy industry.
Brexit: BP says its “too early” to understand implication of vote
Oil major BP said it was "too early" to understand what implication as decision by the UK to leave the European Union would have.
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.
Decom Offshore 2016: North Sea can become world leader in decommissioning
The UK North Sea has the chance to become a world leader in decommissioning practice, according to a leading industry figure.
24th Oil and Gas survey report makes grim reading for North Sea
Oil and gas operators have seen a 15% reduction in their UK-based headcount over the past 12 months – and they expect a further decline of 17% in the year ahead.
OGA issues second invitation to tender for UK seismic programme
The Oil and Gas Authority has released a second Invitation To Tender (ITT) for the 2016-2017 UK Government funded seismic programme.
Challenges facing UKCS herald greater need for ‘real world’ testing
With the recent news that the UK government is looking to encourage investment in the UK Continental Shelf (UKCS) with a new competition, it is clear there is still interest in North Sea oil and gas.
Island Offshore lands BP hire contract
Norwegian shipping company Island Offshore has confirmed that its Island Constructor has been awarded a contract by BP in UK waters. The Constructor will deliver light well intervention services in July with options to run into August, the company said.
North Sea profitability hits almost 20-year low, says ONS
The profitability of the North Sea has hit a 20-year low according to new data released by the UK Government.
OGA releases seismic data to industry
The Oil and Gas Authority has begun the release of data from the 2015 Government-funded seismic shoot off the UK coast.
Sharp jump in the price estimate for UKCS dismantling
The overall estimate for decommissioning oil & gas production infrastructure has risen sharply in recent years, the very latest pointing to a median gross figure of around £58billion.
Cluff to buy up rights to 100 billion barrels of oil – for just £1
A North Sea pioneer is set to “take advantage” of low oil prices by buying up rights to 100million barrels of oil and gas for just £1.
Topsides UK 2016: Healthcare boss says stress driving offshore workers to despair
Offshore workers' mental health is being affected by the downturn in the oil industry to the point where there is an increased suicide risk according to the boss of an offshore healthcare provider.
Opinion:UKCS doesn’t need hand-outs, it needs a tough-minded business approach
Several years ago I spent time in Australia. Visiting a North Queensland mining community I fell into conversation with an engineer who said something to the effect that one of the biggest problems for the industry Australia-wide was the inability to fight ballooning costs and wage inflation. His further comment was even harder hitting. There were just too many people on the payroll, and too many people very well paid to perform slight-to-unimportant tasks.
Topsides UK: North Sea is sustainable, if transformation takes place
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.
Emerson wins Culzean contract
Emerson has netted a contract for Maersk Oil's Culzean gas field development in the North Sea.
Statoil, Shell put concept for Bressay field on hold
Norwegian operator Statoil and Shell have decided to put the concept selection process for the Bressay field on the UK Continental Shelf.
OGA outlines five-year corporate vision
Industry regulator the OGA (Oil and Gas Authority) has outlined its corporate plan for the next five years.
Iran in the spotlight at Aberdeen event
North-east firms will be welcomed into Iran as its huge oil and gas industry seeks foreign support, an expert on the newly opened market said yesterday. Jamie Stark, a partner at law firm Burness Paull specialising in oil and gas services and regulatory compliance, said there were a wealth of new opportunities in the Middle East country as a result of the recent lifting of trade sanctions.
Video: Incredible footage of high waves in the North Sea
An offshore workers has captured footage of incredible waves in the North Sea.
Brae Alpha production to resume in second quarter of 2016
Production from a North Sea platform is expected to resume in the second quarter of the year after it was shut down on Boxing Day.
Tech Tues: Technology Showcase focuses on decommissioning
ITF and Oil & Gas UK have organised the Technology Showcase 2016 which takes place in Aberdeen on March 9.
Politicians react to OGUK Activity Survey
Politicians have reacted to the Oil and Gas UK Activity Survey, published today.