Do we play as a team or individuals? How should we take on the challenge of the unpredictable turbulence of today’s business environment? Our industry faces a triple whammy of pressures from operational disruption due to Covid-19, massive reductions in demand for our product and a globally oversupplied market.
An Aberdeen MSP has written to a clutch of North Sea firms calling on them to reconsider their decision to terminate hundreds of staff rather than use a UK Government-backed furlough scheme.
Many firms ‘torn’ between protecting business and supporting staff with furlough scheme, OGUK boss says
Many North Sea oil and gas firms are currently “torn” between protecting the long-term sustainability of their business and supporting those staff whose jobs were connected to now delayed or cancelled projects, according to an Oil and Gas UK (OGUK) boss.
The descent of US crude prices into negative territory is a “body blow” to a creaking oil and gas sector, an industry leader has said.
An oil and gas representative body said it has been “very clear” on the messaging over Covid-19 offshore testing, but that it “takes time” after one oil major sent workers offshore prior to receiving their results.
More than 250 people have signed up to attend OGUK’s first-ever Industry Insights webinar for young professionals as the sector continues to provide a secure and affordable energy supply in the face of economic challenges.
North Sea workers must accept ‘accountability’ for their own health and safety in order to halt the spread of Covid-19 offshore.
Ineos has vowed to carry on with its planned shutdown of the Forties Pipeline System in June.
Scotland currently has no target to increase the percentage of black, Asian and minority ethnic (BAME) workers in the country’s offshore wind sector.
Efforts by the sector to support decarbonisation, improve business competitiveness and develop skills for the future will be explored at OGUK's annual industry conference in Aberdeen on Wednesday 3 June.
Oil and gas companies do have some advantages in terms of tackling the energy transition, but there are pitfalls along the way and the process will be messy, speakers at a CMS event launching a new report said.
An innovative North Sea equipment sharing scheme devised to save companies time and money on ordering new gear could be revived next year.
The Danish philosopher Soren Kierkegaard said, “Life can only be understood backwards; but it must be lived forwards.”
The UK North Sea has the tools to be a front-runner in the energy transition, a new report said.
Energy Voice and Granite PR have held their first co-branded Gateway event in Abu Dhabi, with a pre-conference breakfast involving ADNOC, where the importance of innovation and co-operation was high on the menu.
Craig Shanaghey, President, Operations Services, Europe & Africa at Wood, has been announced as the chair of a new task group set up to champion diversity and inclusion in the oil and gas industry.
The Oil & Gas Technology Centre is planning to set up a Net Zero Solution Centre with a view to making the UK Continental Shelf the first net zero oil & gas basin globally.
OGUK’s Economic Report 2019, which launches this week at Offshore Europe, will reinforce the importance of the UK’s oil and gas industry, a sector that is critical in meeting today’s energy needs and one that will be a key contributor to tomorrow’s energy mix.
North Sea oil and gas industry veteran Paul de Leeuw will take part in a panel debate on the sector’s biggest challenge to date — the energy transition.
UK oil and gas industry workforce numbers have stabilised as confidence gradually returns to the basin, according to a new report.
Shock findings have revealed that men still dominate the boardrooms of almost all of the leading businesses based in the north and north-east.
Offshore helicopter safety will be under the spotlight at an event in Aberdeen next week.
Oil and gas chiefs are today to hold crisis talks in an effort to bring to an end a “dangerous” stand-off between climate activists and oil giant BP.
A key industry report detailing the cost of decommissioning on the UK Continental Shelf and the progress being made by industry, government and regulators to reduce costs by more than 30 per cent will be unveiled at OGUK’s upcoming business breakfast in London.
Governments ministers and a climate change expert will take the stage at a major oil and gas industry conference in Aberdeen this week.