The Oil and Gas Authority (OGA) has launched the UK’s 32nd offshore licensing round as the industry seeks to restore exploration activity.
The UK oil and gas industry is starting to get “very good” at decommissioning, the sector’s top regulator said yesterday.
A UK oil industry chief said yesterday that margins needed to be “much higher” for oilfield service companies if they are to carry on operating at current levels.
Oil & Gas UK today confirmed the line-up for the opening day of its annual conference, being held at Aberdeen’s Exhibition and Conference Centre from June 4-6.
Industry leaders are “often lacking” confidence to look beyond the current cycle in the North Sea, the regulator has warned.
More clarity is expected on North Sea decommissioning costs by the end of the month, according to the chief executive of the Oil and Gas Authority (OGA).
2018 has been a busy and encouraging year with many positive developments; the OGA continues to have a high focus on asset stewardship and clear expectations of industry. Today the UKCS produces over 1.6 million barrels a day, production efficiency has increased for a fifth consecutive year and efficiency efforts are being sustained.
The North Sea oil and gas industry in 2018 gave investors a clear sign of the “massive value” it can still deliver.
The UK oil sector's regulator said Total's latest gas discovery west of Shetland is "great news" for Britain's energy security.
The regulator for North Sea industry said it expects more "high value projects" to be sanctioned this year, prolonging production for years to come.
The Oil and Gas Authority (OGA) has published more than 400 new “recovery factor benchmarks” for oil and gas fields in the UK North Sea.
The Oil and Gas Authority's (OGA) chief executive has 900 million barrels in his direct line of sight.
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.
Scotland will be at the forefront of the future of oil and gas, the Exchequer Secretary to the Treasury will claim today as Offshore Europe gets under way in Aberdeen today.
I’m often asked about the role of the OGA, ‘collaboration’, the use of regulatory powers and the impact the authority has made.
The oil and gas industry needs to put itself “on steroids” to make sure it capitalises fully on the fledgling North Sea recovery, a senior figure has said.
The head of Aberdeen’s new oil technology centre said people were missing their chance to have an “intelligent debate” on fracking in Scotland.
The Oil and Gas Authority (OGA) has dished out a dozen licences to 10 companies in its supplementary 2016 North Sea bidding round.
The upcoming 30th offshore licensing round for the North Sea could be the "most significant" in decades, the Oil and Gas Authority claims.
A total of 17 oil and gas operators have been awarded licences in the 29th 'frontier' offshore Licensing Round.
The Oil and Gas Authority’s chief executive has said fracking can be done safely and benefit local economies.
Regulatory body the Oil and Gas Authority has appointed a new director of regulation.
BP and Shell’s recent North Sea asset sales do not mark the beginning of an exodus from the basin by the oil majors, the head of the Oil and Gas Authority said yesterday.
The head of the Oil and Gas Authority (OGA) said yesterday that the regulator was already a third of the way to achieving one of the goals entrepreneur Sir Ian Wood had set out.