Decom tax reforms would create ‘sweet spot’ for industry and Treasury
Reforming the decommissioning tax relief system would create a “sweet spot” for the UK Government and the oil and gas sector, an industry expert has said.
Reforming the decommissioning tax relief system would create a “sweet spot” for the UK Government and the oil and gas sector, an industry expert has said.
Feeling a bit overwhelmed by Offshore Europe? Check out Energy Voice’s timelapse run round the show floor.
Offshore Europe is officially underway - in the presence of oil and gas industry giants.
Offshore Europe is officially underway - in the presence of oil and gas industry giants.
The North Sea must "earn its right to grow", Shell's chief executive Ben van Beurden this morning said.
BP's chief executive is looking to streamline its North Sea costs to $12 a barrel.
Predictive technology specialists, Operational Excellence (OPEX) Group, are helping upstream operators to increase oil and gas production through the smart application of digital solutions.
Aberdeenshire-based Denholm MacNamee Limited is the first choice for innovative asset cleaning and decontamination solutions.
It was predicted to be the year of mergers and acquisitions (M&A) (Wood Mackenzie Things to Look for in 2017 report) and so far, 2017 has seen a flurry of activity in the North Sea energy sector.
“Demand for oil will peak in 2022, driven by expectations for a surge in prominence of light electric vehicles, accounting for 50% of new car sales globally by 2035.”
Innovation within oil and gas companies has played an incredibly important role for the industry by driving down operating costs and enabling production within challenging fields in the North Sea. However, due to the most recent challenges that the industry has faced, many innovative projects have been placed on the back burner, and several North Sea operators are either actively undertaking or planning decommissioning activities earlier than previously planned. Many industry leaders are unaware decommissioning activities include innovations that are eligible for funding and other innovation incentives support. Greater awareness of the options available can help maximise economic recovery from the UKCS and deliver the best value for companies during decommissioning.
A boss at one of the world’s biggest oil field service companies has warned business leaders that collaboration is “paramount” to the industry’s survival.
Oil and gas service provider, Apollo, has stuck a deal with the Oil and Gas Technology Centre to introduce a data management system which will aid North Sea operators.
In the upstream oil and gas industry, standardisation has long been an effective way to make operations safer and more sustainable. Increasingly, the principle of establishing global standards to all aspects of operations – including purchasing – is helping to tackle the universal problems of escalating project costs and expanding schedules.
Key players in the Brazilian oil and gas sector met with the Lord Provost of Aberdeen Barney Crockett at the city’s Town House today.
There is still a "considerable and compelling prize" to be won in the North Sea, according to the Oil and Gas Authority (OGA) chief executive.
As the North Sea looks to unlock future development potential, Oil and Gas Authority (OGA) chief executive Andy Samuel emphasized the need to hone its decommissioning abilities, helping position the region at the forefront of the emerging and developing sector.
Energy Industries Council reveals EICAssetMap, a business development tool able to pinpoint any energy facility location in the UK.
Offshore Europe is officially underway - in the presence of oil and gas industry giants.
Asco Group has got SPE Offshore Europe work off to a cracking start by announcing a string of new contracts worth a total of £50million in its 50th year.
A UK Treasury minister has called for North Sea industry to seize the opportunity to become a pioneer in offshore decommissioning.
One of this years Offshore Europe exhibitors, Marks & Clerk asked their Aberdeen managing partner, Andrew Docherty, what he believes Scotland’s energy sector must do to remain significant in the current downturn.
The oil and gas industry should prepare for the "fourth industrial revolution", it was claimed this morning.
Tens of thousands of people have arrived in Aberdeen for a major oil and gas conference, boosting many local businesses.
North Sea industry needs to “face the facts” and accept that it must cut costs even deeper to remain competitive, a senior industry figure has said.