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MER UK

North Sea

OGA prepared to get tough over energy transition

The UK’s offshore oil and gas industry could come to an end within a decade on the current reserves/production trajectory, according to data recently published by regulator, the Oil and gas Authority.

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.