OEUK celebrates those ‘driving innovation’ with its 2023 awards
The "brilliant, skilled people" of the energy sector have been honoured at the Offshore Energies UK awards at the P&J Live in Aberdeen.
Offshore Energies UK (OEUK)
UK government plans new oil and gas ‘price shock’ tax mechanism post-EPL
The UK government is planning for the introduction of a new tax mechanism for North Sea oil and gas operators following the scheduled end of the windfall tax in 2028
North Sea decom players celebrated at OEUK awards
Winners of the OEUK Awards for Excellence in Decommissioning have been announced, with Spirit Energy and Utility ROV services taking top prizes.
Dumping and derogations: OSPAR rules among top challenges facing UK decommissioning
Operators are waiting years for decisions on the contentious topic of whether they can leave structures in the sea.
Decommissioning oil and gas ‘megastructures’ set to clash with offshore wind
OEUK decommissioning report highlights supply chain crunch between wind installation and removing oil and gas platforms.
UK ‘could challenge Europe’ on heavy lift vessels
The UK “could challenge continental Europe” on heavy lift vessels, trade body OEUK has said, as the North Sea requires a “colossal push” from them.
Autumn Statement: Energy leaders seek fix for ‘uninvestible’ North Sea
While support for new North Sea oil and gas has been welcomed, the energy sector has called for a drop in windfall taxes and greater incentives for low-carbon investment ahead of the Chancellor’s impending budget.
Updated: Keir Starmer relationship with energy sector takes ‘positive step’ as he visits Aberdeen
Keir Starmer's Aberdeen visit has made "postive steps" for his relationship with the energy sector, however, it is "too little too late" for his political rivals.
NSTA plan will see North Sea platforms shut early, operators warn
North Sea operators have raised “serious concerns” over a new plan from the NSTA regulator, warning that shutdown of UK platforms could be “dramatically accelerated”.
Taking advantage of the ‘internal talent marketplace’
Deloitte’s Hayley Strachan told an Aberdeen event that firms should take advantage of their ‘internal talent marketplace’ to drive productivity.
King’s Speech outlines ‘record levels’ of renewables investment
The first King's Speech in over 70 years has outlined plans to "attract record levels of investment in renewable energy" - but experts say fresh measures are needed to achieve that.
UK decommissioning presents opportunity and challenge in equal measure
"Emerging energies – such as offshore wind – must work with and learn from the oil and gas decommissioning sector," says Ricky Thomson, decommissioning manager for OEUK.
UK Government to mandate annual North Sea oil and gas licences
The UK Government plans to award North Sea oil and gas licences every year in new legislation being announced this week.
‘Energy security is national security’: Oil sector hails new licence offers
Oil and gas sector representatives have welcomed the offer of dozens of new exploration licences across the North Sea as part of the 33rd Licensing Round.
Shell in Fortnite: Ensuring the sector ‘thrives’ or ‘greenwashing’?
Shell’s recent crossover with the popular video game Fortnite has sparked controversy around the advertisement of hydrocarbons to children.
North Sea emissions down but tough decisions linger on targets
Decisions need to be made on major capital projects like electrification to meet 2030 targets.
Retaining talent key to success of hitting net zero
Retaining our fantastic workforce and their highly transferable skills is key to delivering the UK’s target of net zero carbon emissions by 2050.
What do we use it for? Looking at the UK’s non-energy oil demands
From toys to medical supplies, oil is everywhere in domestic UK life and it plays a key role in the country's transport.
New judgements bring ‘lack of certainty’ over downstream emissions impact
Amid growing challenges to new projects, recent judgements raise questions over whether courts will consider the downstream impacts of oil and gas developments.
‘We need more projects like Rosebank’: Industry reacts to oil field approval
"We need more projects like Rosebank," says Offshore Energies UK, following news the project received has received the green light from the regulator.
‘Around 30,000’ people attended ‘electric’ Offshore Europe 2023
For the first time since before the Covid pandemic, Offshore Europe returned to Aberdeen this week to mark its 50th anniversary with delegates and exhibitors singing the praises of the industry event.
Podcast: What’s holding up the North Sea’s £200bn prize? – with David Whitehouse
A “colossal” £200bn could be spent in the UK North Sea by 2030, but about half of that is in investment doldrums over political uncertainty.
UK political parties are united in long term transition approach, Offshore Europe hears
This year has seen the UK’s political parties go toe to toe in the debate surrounding energy transition, however, OEUK’s Jenny Stanning asks are party views “really that different?”.
UK ‘completely uncompetitive’ for oil and gas investment, says EnQuest CEO
EnQuest (LON: ENQ) CEO Amjad Bseisu has warned that the UK is “completely uncompetitive” for upstream oil and gas investment.
£100bn of North Sea projects held up as production hits 30-year low
Around £100 billion of North Sea projects are being held up over political uncertainty – while UK oil production hit its lowest in nearly 30 years.