The chief executive of Oil & Gas UK issued a rallying call to the chancellor today for measures in this month’s Budget to prove he has confidence in the future of the beleaguered sector.
The chief executive of Oil & Gas UK today called on the wider industry to learn lessons from the historically “tight ship” run in the southern North Sea.
The UKCS is entering a phase of ‘super maturity’.
Industry body Oil & Gas UK has welcomed the Prime Minister’s £250million investment deal to help the North Sea industry.
The chief executive of Oil & Gas UK said companies are being faced with "difficult decisions" as oil major BP announced 600 job losses from its North Sea operations. The head of the industry body said the low oil price has impacted "heavily" on activity across the UKCS. Today, BP said it had informed staff members of plans to cut its North Sea headcount by 20% amid “toughening market conditions”.
Throughout the holiday season Energy Voice will be taking a look back at some of our most read columns from 2015.
2015 has been a difficult year for the UK oil and gas industry. After 50 years of exploration and production, the UK Continental Shelf (UKCS) is at a crossroads. While recent record investment and efficiency improvements are yielding the first rise in oil and gas production for over 15 years, our future is less certain.
UK offshore oil and gas industry trade bodies Oil & Gas UK and Decom North Sea have pledge to deliver more joined-up working to deliver a more effective decommissioning agenda for the North Sea.
Renowned broadcaster James Naughtie will host the 2015 Oil & Gas UK Awards next week, the industry body has confirmed.
The North Sea oil sector may need a further reduction in its tax bill if prices remain low, the head of an industry body has said.
Oil & Gas UK chief executive Deirdre Michie formally opened the new Aberdeen base for oil services firm Cameron.
Oil & Gas UK chief executive Deirdre Michie said the industry has turned its first corner in the market downturn and called on the emerging innovators to continue to persevere.
The chief executive of Oil and Gas UK has welcomed the progress made by the Oil and Gas Authority six months on from its industry call to action.
The head of industry trade body Oil & Gas UK has welcomed Maersk's confirmation that its $4.5billion high pressure, high temperature Culzean field in the UK Central North Sea is to go ahead.
Last month, Oil & Gas UK held its Annual Conference – with the aim of bringing the industry together, to recognise the challenges that face us and to focus on the way ahead.
Oil & Gas UK (OGUK)’s annual conference, which focused on the next 40 years of the offshore industry and attracted more than 500 people, ended with the launch of an animation celebrating the sector’s achievements to date. The short infographic celebrates 50 years of exploration for oil and gas in the UK North Sea and the production that has been achieved over four decades.
The new chief executive of Oil & Gas UK has taken up her position with the industry body. Deirdre Michie was appointed by the board of Oil & Gas UK in February and has today formally taken over from Malcolm Webb. Following a brief handover, Malcolm will formally retire on May 31st.