A leading north-east politician has claimed that more UK Government investment is needed for oil and gas exploration.
Oil and gas stalwart Deirdre Michie is being recognised as part of the Queen’s Birthday Honours for her services to the industry.
North Sea industry is in a better place after three tough years, but fresh thinking and new ways of working will be needed to help plot a course to a sustainable future, the head of Oil and Gas UK (OGUK) has said.
Ray Riddoch, Nexen’s UK managing director and senior vice president of Europe, has taken over as co-chair of Oil and Gas UK.
Oil and Gas UK (OGUK) has warned North Sea industry against complacency after a new report heralded the end of the downturn.
Oil and Gas UK Chief Executive, Deirdre Michie today said the ‘tide is turning’ in the industry with $14 lifting cost anticipated for the end of the year.
As Aberdeen welcomes delegates from more than 140 countries to the city for an intensive week of stimulating debate, fact-packed presentations and networking at Offshore Europe, Oil & Gas UK looks forward to sharing its update on where our UK offshore industry is heading next.
Industry body Oil and Gas UK has welcomed the announcement of first oil from the North Sea's Kraken development.
The head of Oil and Gas UK (OGUK) has said industry is ready to resume the push for decommissioning tax relief after next week’s general election.
A journalist who survived being shot six times by Al-Qaeda sympathisers is heading to Aberdeen to warn the oil and gas industry about the threat of terrorism.
An oil and gas industry body today unveiled a blueprint aimed at providing a £300billion boost for the UK economy.
The North Sea is finally "coming up for air" after a tough two years, according to a leading industry expert.
As an industry we too often have our gaze drawn north towards Aberdeen and south towards London, without giving proper dues to the fantastic work that’s being done in the key energy hubs around the UK.
Industry body Oil & Gas UK has written to the Chancellor of the Exchequer to call for commitments in the Autumn Statement to help boost investor confidence in North Sea exploration and production.
Oil and Gas UK (OGUK) chief executive Deirdre Michie last night called on the UK Government to build on the support it has already given the industry.
The new Secretary of State for Business, Energy and Industrial Strategy today agreed to fast-track an industry forum as the sector battles its most prolonged downturn to-date.
Industry body Oil & Gas UK has welcomed the appointment of Theresa May as Prime Minister of the UK.
The chief executive of industry body Oil & Gas UK said industrial action would only "add" to the sector's challenges after Wood Group employees voted in support of a strike.
An oil consultancy has underlined its confidence in north east Scotland by opening a new office in Aberdeen.
Few other sectors could have matched the British energy industry’s reaction to the challenges it has faced over the past 18 months, the chief executive of Oil and Gas UK (OGUK) said yesterday. Deirdre Michie said the oil and gas industry had shown its resilience by reducing costs and increasing production for the first time in 15 years last year. Companies have also shown their willingness to work together on projects such as inventory management and the standardisation of subsea projects, she said.
The UK Government must take further urgent action to boost oil and gas exploration in the North Sea, according to Scotland’s Economy Secretary.
An estimated 120,000 jobs will have been lost by the end of this year as a result of the collapse in fortunes of the UK offshore oil and gas industry.
UK North Sea strengths, weaknesses, opportunities and threats will be outlined by one of the key speakers at the annual Oil and Gas UK (OGUK) conference in Aberdeen next week.
The boss of industry body Oil and and Gas UK has moved to clarify comments she made to MPs after angry oil workers objected to her claiming they "get it" about why cost cutting measures are being taken by companies.
Moves to restructure infrastructure ownership in the North Sea were in the spotlight at an Oil and Gas UK (OGUK) business breakfast in Aberdeen.