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.
In January 2021, OGUK and Deloitte will launch the latest edition of the UKCS upstream supply chain collaboration review and index. The index is developed from supply chain and operator company feedback and provides an understanding of how effectively industry is working together in what continues to be challenging times for us all.
Industry body OGUK has announced today that its Diversity & Inclusion Task Group will deliver a free online event on January 18 exploring mental health.
Industry body Oil and Gas UK is appointing two directors to lead its newly created external relations and communications directorates.
There are numerous moments in history we can point to that have shaped the world we live in today; whether through their influence on science and technology, culture and sport, politics, or society and human rights.
In the coverage of Chrysaor’s reverse takeover of Premier Oil, the chief executive of a Tanzania-focused E&P firm with no skin in the game of that deal might not have expected to get a mention.
With the confirmation of President-Elect Biden now certain, three credible vaccines against the coronavirus pandemic entering final stages of approval, and governments around the world seeking to spur a green economic recovery, we bring 2020 to a close with a great deal more certainty and hope for 2021 than we might have thought possible only a few months, if not weeks, ago.
A trade union boss has warned predictions that 8,000 jobs have been lost in the oil and gas sector due to the latest downturn are likely to be very conservative.
Reflecting on Oil and Gas UK’s prediction that North Sea projects could take up to three years to return, the industry body’s chief executive, Deirdre Michie, said, “we have to start the year more positively than that.”
Trade body Oil and Gas UK (OGUK) has restated the importance of Westminster following through on its promises of a “transformational” sector deal.
A boss at Schlumberger has said Covid-19 was a “good test” for the oilfield service giant as it “braces” itself for the end of the Brexit transition period.
North Sea firms are on track to produce roughly the same amount of oil and gas in 2020 as they did last year, despite the Covid-19 pandemic throwing up huge challenges, a new report reveals.
First oil from a North Sea field has been hailed as an encouraging sign that the basin remains attractive.
An EnQuest boss said today that treating some of its platforms like "Airbnbs" was helping the firm prepare a northern North Sea neighbour for up-manning.
Westminster’s multi-billion pound plan for a “green industrial revolution” has been touted as a “welcome signal” of what the UK’s path to net zero may look like.
The contribution decommissioning can make to the low carbon future will be a key theme at OGUK’s first ever virtual conference later this month.
Trade body Oil and Gas UK (OGUK) says its autumn “snapshot” reinforces the case for a North Sea transition deal to ensure the industry can “build back better” from Covid-19.
It’s not long before we host our first ever digital decommissioning conference on November 24-25 and with the aim of creating a dynamic, international and interactive online experience, it’ll be like no other event we’ve ever hosted before.
A restructuring specialist has warned more North Sea oilfield service firms are “operating in crisis mode” and that he expects to see higher levels of insolvencies next year.
Aberdeen Renewable Energy Group (Areg) has grown its membership over the past 12 months, with sign-ups coming from leading companies within the renewables sector, renowned industry bodies and energy companies who are placing an increased focus on clean energy.
Decommissioning takes on a new global dimension as OGUK launches its first ever virtual conference to provide delegates with a dynamic, international and interactive online experience.
As we head into the autumn with renewed uncertainty on how the coronavirus pandemic will manifest, and continued concerns for our families, our community, our businesses and the economy it is a constant reminder that change is the norm like never before.
The UK North Sea oil industry may have reached its own Kodak moment, said Stuart Payne, a director at the sector’s regulator.
The leading representative body for the UK’s offshore oil and gas industry has hailed the grit and resilience of the thousands of people working for the critical sector as it opened nominations for its annual awards today.
A revamped leading legal conference for the offshore oil and gas community has attracted over 1,000 registrations for a week of webinars which will consider the issues facing the sector.