Don’t throw the baby out with the bathwater – caution urged amid net-zero push
UK oil and gas industry figures have stressed the need to protect indigenous hydrocarbon production amid the nation’s drive to net-zero.
MER UK
UK oil industry is behind OGA strategy rethink, Chrysaor chief says
The boss of the UK North Sea’s biggest producer is confident national net-zero targets can be factored into the sector’s operations without large volumes of indigenous oil and gas being left stranded.
Concerns UK oil regulator ‘losing balance’ in net-zero push, Neptune chief says
The North Sea oil industry’s old guard is concerned that the sector’s regulator is “losing balance” as a result of its efforts to help government meet net-zero targets, a top boss has claimed.
OGA’s digital strategy targets slice of $510bn global data prize
The Oil and Gas Authority (OGA) has set out its strategy to digitalise the North Sea with the aim of taking a slice of a $510bn global data prize.
Taqa’s Cormorant Alpha platform marks 40 years in production
One of the longest-running assets in the UK North Sea is today marking 40 years since it first started up production.
£140m investment extends life of Spirit Energy’s Chestnut field
A fresh investment of £140million has once again extended the life of a North Sea oil field, safeguarding 70 jobs in the process.
Focus on assets has been ‘vital’ in North Sea’s improved performance, says OGA
The focus of industry and the OGA on asset stewardship has played a vital role in the turnaround of performance across the UKCS.
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.
Sir Ian Wood: ‘No way’ North Sea gets 20billion barrels without ‘serious exploration’
Sir Ian Wood has warned that the industry will “need to do something dramatic” if it hopes to recover the 20billion barrels of oil remaining in the North Sea.
Opinion: Changed days for operators and the supply chain?
The regulatory framework represents a huge shift for oil companies — and the industry as a whole — in terms of the way it works, as well as its mindset.
New MER UK task force chiefs appointed
The Oil and Gas Authority (OGA) has announced the new MER UK task force chair appointees ahead of a forum in Aberdeen.
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.
OGA’s recovery factor benchmarks show the way to MER
The Oil and Gas Authority (OGA) has published more than 400 new “recovery factor benchmarks” for oil and gas fields in the UK North Sea.
Oil company injects ‘Frankenstein Bug’ into Earth’s core
If the ill-informed hysteria surrounding the safety of fracking is anything to go by, I can imagine the headline above being used to describe a highly promising microbial enhanced oil recovery (MEOR) technique.
MER UK: OGA to tackle industry’s “second is first” mentality
The Oil and Gas Authority’s (OGA) technology guru has said that sharing the risk on large well campaigns will help put an end to the industry's race-to-be-second mentality.
MER UK: OGA will make big contribution to North Sea supply chain, leaders say
Industry chiefs have said the Oil and Gas Authority (OGA) can make a telling contribution to efforts to support the North Sea supply chain.
MER UK: Industry chief laments lack of recognition for North Sea business
A North Sea industry chief has suggested the sector has an image problem it needs to overcome.
MER UK: North Sea area plans present biggest challenge to OGA
The chief of the Oil and Gas Authority (OGA) said yesterday that area planning was probably the most difficult aspect of the regulator’s work.
MER UK: Where better to invest – Norway or the UK?
Where is it better to invest in offshore oil and gas – Norway or the UK?
MER UK: OGA vows to match Norway on production data
The Oil and Gas Authority (OGA) yesterday vowed to up its game to match Norway’s gathering and provision of production data.
MER UK: OGA decom boss outlines vision for sector
The head of decommissioning at the Oil and Gas Authority (OGA) has outlined his vision of what success for the segment would look like.
MER UK: OGA touts idea of federal data board
The Oil and Gas Authority (OGA) has touted the possibility of a federal board being created for sharing exploration data.
MER UK: OGA in £200bn shared vision for supply chain
The Oil and Gas Authority (OGA) yesterday published its strategy to help the UK supply chain boost its turnover by more than £200billion over the next 20 years.
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.
MER UK: OGA strategy paper says North Sea assets will be “benchmarked”
The Wood Maximising Recovery review proposed that an Asset Stewardship Strategy should “ensure that operators are held to account for the proper stewardship of their assets and infrastructure.”