Harbour Energy wins CCS storage licence for V Net Zero
The Oil and Gas Authority (OGA) has granted Harbour Energy (LON:HBR) a carbon capture and storage (CCS) licence for its V Net Zero project in the Humber.
Andy Samuel
OGA frustrated by oil firms ‘mucking around’ in disputes amid climate crisis
The chief executive of the OGA has said he is frustrated by companies “mucking around in commercial disputes” while a climate emergency is ongoing.
Oil veteran Gunther Newcombe recognised in New Year Honours list
Oil industry stalwart Gunther Newcombe has been recognised in the Queen’s New Year Honours list.
OGA submits revised strategy to UK Parliament obliging industry to support net zero
The Oil and Gas Authority (OGA) has today submitted a document to the UK Parliament, obliging the industry to support net zero targets.
OGA plans year-long trial to tackle ‘bugbear’ late payments for North Sea suppliers
The Oil and Gas Authority (OGA) is planning a year-long trial to tackle the “bugbear” of late payments for North Sea suppliers.
Dolphyn hydrogen project shows energy transition ‘in real time’ for Aberdeen
When developer ERM decided Aberdeen would be the home for Dolphyn, its world-first floating green hydrogen project, it said “it will put Aberdeen on the map”.
OGA defends BP-Aberdeen scheme against ‘PR Coup’ accusation
The Oil and Gas Authority (OGA) has defended the BP – Aberdeen net zero partnership against a claim it may be a “PR coup”.
Oil and gas sector deal proposal to be submitted to UK Government next month
The formal proposal for an oil and gas sector deal will be submitted to the UK government next month.
OGA unveils plans to force operators to meet government’s net zero goals
The UK’s oil regulator has unveiled plans to force North Sea operators to meet the government’s 2050 net zero goals.
Energy transition can be ‘crucial pathway out of the downturn’ says OGA chief
New investment in the energy transition can be a “crucial pathway” out of the latest downturn for North Sea firms, according to the head of the Oil and Gas Authority (OGA).
‘Uncharted waters’ for North Sea, but downturn could be ‘catalyst for change’
A senior audit and assurance partner at Deloitte said the downturn could be a “catalyst” for change, but oil firms are first taking steps to survive the “uncharted waters”.
North Sea oil firms face demanding near-term carbon target
A group of UK North Sea oil and natural gas producers face an ambitious government-mandated target to cut their emissions as soon as 2025 as the nation seeks to make more real its ambition for net-zero fossil fuel pollution by the middle of the century.
Aberdeen ‘energy transition park’ and net zero should ‘feature heavily’ in oil sector deal – OGA boss
Proposals for an Aberdeen energy transition park, along with a host of net zero solutions, should be at the “heart” of an incoming sector deal, according to the head of the Oil and Gas Authority (OGA).
Climate emergency ‘even more pressing challenge’ for North Sea than 2014 oil downturn
The climate emergency is an “even more pressing challenge” for the industry than the 2014 downturn according to the Oil and Gas Authority’s (OGA) chief executive.
OGA not yet exercised £1million sanctioning powers despite ‘internal debates’
Chief executive Andy Samuel has confirmed the Oil and Gas Authority has not yet needed to exercise its sanctioning powers despite ‘internal debates” on whether the regulator is being stringent enough.
Backwards step on collaboration should be ‘wake up call’, says OGA chief
A dip in collaboration and some cases of a lack of trust between oil firms should be a “wake up call” to the industry, according to the head of the Oil and Gas Authority (OGA).
Carbon capture goals ‘remarkably achievable’ says OGA boss
The chief executive of the Oil and Gas Authority (OGA) has claimed the UK’s goals for a crucial new climate change technology are “remarkably achievable”.
OGA launches 32nd licensing round in bid for exploration bounce back
The Oil and Gas Authority (OGA) has launched the UK’s 32nd offshore licensing round as the industry seeks to restore exploration activity.
UK oil industry getting ‘very good’ at decommissioning, OGA boss says
The UK oil and gas industry is starting to get “very good” at decommissioning, the sector’s top regulator said yesterday.
Supply chain needs ‘much higher margins’, OGA chief says
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.
Big hitters to speak at OGUK annual conference
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.
North Sea leaders ‘lacking confidence’ to plan long-term, says OGA
Industry leaders are “often lacking” confidence to look beyond the current cycle in the North Sea, the regulator has warned.
More clarity on the way for North Sea decom costs, says OGA
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).
Industry must improve drilling costs in 2019, says OGA chief
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.
OGA will take ‘dim view’ if drilling remains subdued, chief says
The North Sea oil and gas industry in 2018 gave investors a clear sign of the “massive value” it can still deliver.