MER UK

North Sea

Supply chain for sale

UK energy service companies have to be able to “walk and chew gum” if the industry’s Vision 2035 scenario is to be achieved, a boss at the Oil and Gas Authority (OGA) says.

Video

WATCH: These are the North Sea firms succeeding at MER UK

The Maximising Economic Strategy (MER UK) was launched to leverage every last drop of North Sea oil, encouraging firms – even rivals – to work together towards success for the basin. Watch the video to see which firms have heeded the call and how they are delivering the initiative.

North Sea

MER UK: OGA reveals exploration rejuvenation strategy

Exploration is the lifeblood of the oil and gas industry. In order to maximise the economic recovery of the UKCS’ oil and gas resources, exploration and appraisal (E&A) activity must be revitalised in both mature and frontier plays.

Technology

Tech Tuesday: OGA unfurls strategy to achieve MER UK

Over the past 50 years, the UK continental shelf (UKCS) has grown to become one of the world’s most diverse and technologically advanced basins with a successful track record of developing and deploying new technologies. Despite a fluctuating oil price, investment in technology presents significant opportunities to improve Opex and Capex efficiencies, reserve recovery and create value through supply chain exports.