OGUK 2016: Compromise key for North Sea future, industry expert says


Oil and gas majors must compromise to deliver an upturn in the sector’s fortunes, an industry analyst said yesterday. Stephen Halliday, group president of consultancy group Wood Mackenzie, said the energy industry was competitive by nature and that for serious progress to be made, the sector’s leadership had to get in a room together and collaborate. It comes days after PwC published a report saying the industry needed a “change in guard at the top” to disrupt its “we’ve always done it this way” mentality.

North Sea

OGUK seeking subsea data experts


Trade body Oil & Gas UK (OGUK) us seeking data experts to help the industry make sense of one of the world’s largest collections of subsurface oil information.


OGUK launches new series of share fairs


Oil and Gas UK (OGUK) aims to build on the momentum gathering behind efforts to reduce energy sector costs with the first in a new series of “share fairs”. The industry body’s new share fairs aim to spur collaboration by giving supply chain companies a chance to have one-to-one interviews with operators’ decision-makers and listen to presentations on key topics. The first event in OGUK’s Aberdeen office on Wednesday, April 27 will focus on the theme of maintenance and repair.

Oil & Gas

OGUK reveals wish list ahead of elections


Industry body Oil and Gas UK (OGUK) yesterday urged the next Scottish Government to make a quartet of commitments to help energy companies steer a course out of the downturn. OGUK said the government needs to create a supportive business environment, delivery world-class infrastructure and connectivity, help innovation flourish and support skills retention.

North Sea

Politicians and industry chiefs back new trade unions alliance


Politicians and industry chiefs pledged to work alongside the newly-formed Offshore Co-ordinating Group (OCG) in its crusade to protect North Sea jobs. Energy Minister Fergus Ewing said was “absolutely imperative” for the Scottish Government to listen to trade unions. Mr Ewing said: “Just this morning, I was agreeing with Grahame Smith that one way the industry can increase efficiency is by listening very carefully to the workforce offshore.


OGUK’s Deirdre Michie: Facing an uncertain future


2015 has been a difficult year for the UK oil and gas industry. After 50 years of exploration and production, the UK Continental Shelf (UKCS) is at a crossroads. While recent record investment and efficiency improvements are yielding the first rise in oil and gas production for over 15 years, our future is less certain.

North Sea

OGUK reacts to Autumn Statement


Oil & Gas UK's economics director Mike Tholen said it was important the industry continue to boost confidence and encouragement investment in the North Sea following Chancellor George Osborne’s Autumn Statement and Spending Review.

Oil & Gas

Oil and Gas UK speakers confirmed


Leading figures from the industry and the Oil and Gas Authority (OGA), will join Oil & Gas UK at its forthcoming Breakfast Briefing, on the progress in UK Continental Shelf (UKCS) exploration and production on December 8.