A Greenpeace climate boss has warned that "increased" North Sea protest action will take place if strong measures on tackling emissions aren’t executed by oil and gas firms.
Maximising economic recovery
I recently presented at a UK Oil and Gas Law Seminar where the keynote speaker was Mike Tholen (Upstream Policy Director Oil & Gas UK).
The Oil and Gas Authority (OGA) has revealed it was hit by fraudsters last year resulting in the loss of £25,000 in funds.
The North Sea energy industry could recover another two billion barrels of oil if operators can collaborate on untapped discoveries, according to a new study.
Renowned petroleum economist Professor Alex Kemp said further cost reductions and tax incentives are needed to stimulate activity in the North Sea.
The head of Shell's UK upstream operation said the North Sea oil industry is a "prize worth fighting for" in the years to come, but said more still needs to be done to ensure the long-term future of the sector.