The war in Ukraine has caused many businesses to rapidly reassess projects in Russia, involving Russian nationals with ties to the Kremlin or the importation of Russian goods. This may stem from an ethical or reputational perspective, or to ensure compliance with sanctions.
Would you have guessed that the OGA has already been with us for six years? The extensive powers it was given in the Energy Act 2016 have been in force for nearly five years: those include the ability to impose sanctions on companies for breaching a licence or their obligations under that act, or for failing to comply with the OGA Strategy.
A Greenpeace challenge to the UK Government over a decision to allow BP to drill for oil in the North Sea is "largely procedural and opportunistic", a court has heard.
Environmental campaigners were "substantially prejudiced" by the UK Government's failure to follow procedures for publicising an oil company's application for drilling consent, a court has heard.
A massive revamped OGA data platform is being launched to “unlock” new opportunities in CCS, hydrogen and “environmentally sustainable” oil and gas projects in the North Sea.
Following the news that Fairfield Decom will cease trading, Graeme Fergusson, managing director, shares his thoughts on the sector and the immediate risks that it faces.
Denmark’s Ørsted, Japan Wind Development (JWD) and Japan’s Eurus Energy have formed a partnership with the aim of jointly developing offshore wind projects in the Akita Prefecture region in Japan.
US oilfield equipment and service firm Weatherford dealt another painful blow to the Aberdeen oil industry yesterday by confirming plans to shut down its manufacturing facilities in the city.
The Oil and Gas Authority (OGA) has set an example for industry by cutting its own carbon emissions by 13% - but still clocked up almost 850,000 miles in business travel in 2019-20.
Independent Oil and Gas (IOG) said two discoveries it picked up in the 32nd licensing round show “good synergies” with its core portfolio in the southern North Sea.
Exploration and production firm CNOOC has turned to an online resource managed by the UK oil sector’s regulator for help unlocking a North Sea project which is at risk of being left “stranded”.