EY

North Sea

UK supply chain: Going the distance?

06/06/2019

May 2019 marked the 50th anniversary of the Offshore Technology Conference (OTC) in Houston. While attendance figures may not be as high as in previous years, the event still provides a useful barometer for sentiment and activity across the oilfield service (OFS) industry.

Opinion

Where is technology leading us?

06/02/2019

Global oil and gas executives are preparing to accelerate investments in digital technologies, with the main goal of furthering their cost-saving ambitions.

Insights

HMRC launches new Profit Diversion Compliance Facility

18/01/2019

On 10 January 2019, HMRC launched a new Profit Diversion Compliance Facility (PDCF) aimed at multinational enterprises who have used cross-border arrangements that HMRC considers may result in an artificial reduction in UK profits, including arrangements targeted by the Diverted Profits Tax (DPT) legislation.

Opinion

Job worries for oil and gas technicians: is clean energy the answer?

17/12/2018

A forecast for Scottish economic growth recently issued by EY indicates that onshore upstream employment in Aberdeen is expected to fall 0.3% by 2021. Interestingly, the same report details that there is likely to be an increase in the number of jobs in the wider oil and gas sector in the coming years, including roles associated with technology, administration and communication. It is clear that O&G jobs are not going to disappear overnight, yet, all the same, this change is likely to have an impact on the individuals working within the industry.

Breaking