CMS

Opinion

2020 – A busy year ahead

08/01/2020

Following the result of the general election, we can now expect to leave the EU at the end of January, although very little will change on that date as we will move into a transitional period when existing EU rules and trade terms continue to apply in the UK.

Opinion

CMS: Intricacies of interim terms

03/12/2019

Reviewing the past year is made much easier for me by our annual publication on legal developments in oil and gas, the latest edition of which came out in September.

Decom

Decommissioning: turning trash into treasure

06/11/2019

As decommissioning becomes a significant part of activity on the UK Continental Shelf, more businesses are taking the opportunity to expand their existing offerings to include decommissioning-related services.

North Sea

UK could adopt Norwegian tax system to incentivise exploration

01/07/2019

One of the big challenges facing the UKCS is the need to increase the amount of exploration activity – the eight exploration wells drilled in 2018 represented the lowest level of activity since 1965, although there have been some notable recent successes such as the massive Glengorm gas discovery announced by Total in January and the technical success rate over recent years has averaged more than 50%.

North Sea

Shape of things to come in UK M&A market

08/05/2019

Following a period of relatively low deal activity, in 2018 we started to see an uptick in deals – but that has paused slightly since the oil price fall at the end of 2018. Are there more deals to be done, or has oil price volatility cooled off the M&A market? What do the trends and themes seen in some of the latest UKCS M&A deals tell us?

Events

Teams in running for HR awards

18/04/2019

Judges have whittled down dozens of applicants to reveal the shortlist for terrific teams and tremendous teachers at the north-east’s most prestigious HR awards.

Insights

How to plan for no-deal Brexit

05/03/2019

Many businesses have been preparing for months for Brexit, but in hope and expectation there would be a withdrawal agreement under which we would have 20 months of transition to implement plans for our ultimate exit.

Africa

Oil and gas investment landscape in Nigeria

08/02/2019

Nigeria is the largest economy in Africa and one of the most popular sub-Saharan states to have received foreign investment from European, US and Chinese investors over recent years. It is one of the world’s larger oil producing countries, with daily production of nearly two million barrels, more than twice that of the UK. It has been a member of the Organisation of Petroleum Exporting Countries (OPEC) since 1971.

Decom

From recycling to re-use

10/01/2019

At Oil & Gas UK and Decom North Sea’s Decommissioning Conference in St Andrews in November there was a presentation about the potential for decommissioning to contribute to the circular economy, and in particular the need to move our focus from recycling to re-use.

Opinion

Cautious optimism for the year ahead

28/12/2018

In the era of Trump and Brexit it’s a risky business trying to second guess what the future might hold, especially when it comes to the UK ‘s often volatile oil and gas sector. There are, however, some developments we can look back on from the last 12 months in trying to assess what might lie in store over the course of 2019.

Opinion

CMS: New models for old oil platforms?

07/11/2018

Decommissioning is now a significant part of the landscape of activity in the UKCS – annual decommissioning expenditure has topped £1 billion since 2015 and may come close to £2bn when Oil and Gas UK reports its estimate for 2018 later this month.

Breaking