Positioning the UK North Sea for a net zero future will cost more than £430billion, according to a new report from the Oil and Gas Technology Centre (OGTC) and consultancy Wood Mackenzie.
The coronavirus pandemic, together with a global collapse in oil price, has seen the offshore industry experience hugely turbulent times during the first half of 2020.
Ambitious plans for a new Energy Hub have been unveiled with hopes for hundreds of jobs and to make giant oil and gas fields in the West of Shetland "net zero by 2030”.
Entrepreneur Martin Gilbert has been appointed chairman of the Oil and Gas Technology Centre (OGTC) at a “pivotal time” for the energy industry.
Two women who climbed the ranks to sit at the very pinnacle of their chosen careers have been made OBEs.
The biggest change I have seen in 2019 is the move by the oil and gas industry towards a net zero future. There have been many factors that have influenced this change, from the social public push through to the active and engaged conversation the industry has been having around Roadmap 2035 (what we will look like in 2035).
The chief executive of the Oil and Gas Technology Centre (OGTC) has forecasted “some difficult times ahead” as the industry embraces digital innovations.
The Oil and Gas Technology (OGTC) has hailed “significant progress” with more than £130million co-invested to date along with the industry.
A £50million centre aimed at making the UK North Sea the world’s first decarbonised oil and gas region is to be created in Aberdeen.
Since opening two-and-a-half years ago, the boss of the Oil and Gas Technology Centre (OGTC) believes it has come some way to “debunk” the concept the UK industry is reluctant to try new ideas.
An oil and gas industry leader has said there is a “disappointing” lack of progress being made on gender diversity.
Brexit has the potential to cause “noise and inefficiencies” for offshore regulations, according the chief executive of the Oil and Gas Techonlogy Centre (OGTC).
An industry leader has described the renewables sector as “more forward-thinking” than subsea.
A new research base with the tools to transform the UK into a global leader in oilfield demolition has opened in a tiny Aberdeenshire village.
Over the past two years we’ve created more data than during the whole history of life on planet earth. The digital revolution is disrupting almost every industry and every home, in every country across the world. It’s affecting every part of our lives.
Onshore oil and gas production would be a “powerful addition” to Scotland’s “portfolio”, an industry veteran 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.
Decommissioning the North Sea could cost an estimated £59.7billion but the Oil and Gas Authority (OGA) has set a goal of completing the work for less than £39billion.
The boss at the Oil and Gas Technology Centre (OGTC) has said that the North Sea needs a firm hand on the reins to prevent it from surrendering the gains of the last two years.
“The centre is here to inspire, accelerate and fund technology that will help the industry to unlock the full potential of the UK North Sea and secure the future of our supply chain.”
It is not the purpose of this piece to delve into the battle that eventually led to the UK’s £180million Oil & Gas Technology Centre being formally opened in Aberdeen in February.
An investors' dinner was held in Aberdeen last night as the newly launched Oil and Gas Technology Centre set a bold ambition to invest in 100 companies over the next decade.
The new Oil and Gas Technology Centre (OGTC) in Aberdeen aims to bridge the gap between a bright idea and a useful piece of equipment.
The boss of the Oil and Gas Technology Centre (OGTC) said yesterday that the north-east had a “unique opportunity” to create a new breed of “brave” leaders.
One of the top women in UK oil and gas was unveiled yesterday as chief executive of the new Oil and Gas Technology Centre (OGTC) in Aberdeen.