Faroe Islands opens 5th oil and gas licensing round ‘in tandem’ with OGA
The Faroe Islands Government has announced today that it has opened its 5th oil and gas licensing round, which will run in tandem with the UK's recently opened round.
Oil and Gas Authority (OGA)
OGA launches 32nd licensing round in bid for exploration bounce back
The Oil and Gas Authority (OGA) has launched the UK’s 32nd offshore licensing round as the industry seeks to restore exploration activity.
Focus on assets has been ‘vital’ in North Sea’s improved performance, says OGA
The focus of industry and the OGA on asset stewardship has played a vital role in the turnaround of performance across the UKCS.
31st licensing round maps: Who won what?
The Oil and Gas Authority (OGA) has awarded exploration and production rights to a range of operators in its latest North Sea licensing round.
Oil and gas sector deal ‘unlikely’ after ministers reject report
A sector deal for the oil and gas industry is now “unlikely” after ministers rebuffed the recommendations of an influential Commons committee, it has been claimed.
Data Repository deals with number of needs
The launch of the UK’s inaugural National Data Repository (NDR) for petroleum-related information saw the unveiling of a key piece of the UK’s digital infrastructure, complementing the existing National Geological Repository for core and samples.
How a changing breed of investor in the North Sea has led to a re-modelling of legal services
Private equity's lean machines are demanding a shake-up of traditional legal service delivery – particularly in the margin-sensitive oil and gas sector. Stuart Carter, head of oil and gas at Fieldfisher, looks at how law firms are responding to the market's changing needs.
Clarity needed on decommissioning costs, say MPs
Significant uncertainty remains over the multibillion-pound cost to the taxpayer of decommissioning offshore oil and gas assets, MPs have said.
OGA launches data resource to make North Sea ‘world leader’
A new resource has been launched to help usher in a new era of North Sea oil and gas exploration.
OGA to research powering North Sea assets with renewables
The Oil and Gas Authority (OGA) today revealed it has begun research into powering North Sea oil and gas assets with renewable energy sources.
OBR lowers forecast for UK oil and gas revenues
A new report has lowered forecasts for UK oil and gas revenues by an average of £600million per year to 2024.
North Sea production reaches seven-year high
North Sea oil and gas production reached a seven-year high in 2018, according to new figures.
Aberdeen school scoops top oil and gas prize
Aberdeen school pupils scooped top prize at an oil and gas challenge held at BP yesterday.
OGA agrees deal for ‘value adding’ Oil and Gas data repository
The Oil and Gas Authority (OGA) has reached an agreement with a UK data firm to bring it a "step closer" to the UK's first oil and gas National Data Repository (NDR).
£1.5bn North Sea savings if sector ‘sorts out’ data issue, tech boss claims
A tech boss has claimed that £1.5 billion North Sea savings could be made if the sector "sorted out" its relationship with big data.
Siccar Point claims west of Shetland well test success
Oil exploration firm Siccar Point Energy said today that the initial results from its Cambo well, west of Shetland, were "encouraging".
Decom event to connect North Sea oil and gas operators and supply chain firms
Decom North Sea has announced that it will once again hold its collaboration and decommissioning event to bring operators and supply chain firms together.
North Sea gets 12 million barrel boost from improved efficiency, OGA report says
The North Sea yielded an additional 12 million barrel bounty last year thanks to five years of production efficiency (PE) improvements, a new report by the Oil and Gas Authority (OGA) claims.
Interest from majors shows west of Shetland has ‘ huge potential’, says Aberdeen academic
The uptake of licences west of Shetland by major operators shows the basin has “huge potential”, a top Aberdeen academic said.
North Sea production efficiency jumps to 74%
North Sea production efficiency had risen for the fifth consecutive year, hitting 74% in 2017, the Oil and Gas Authority (OGA) said.
OGA appoint interim chairperson
The Oil and Gas Authority has today announced that appointment of Frances Morris-Jones as its interim chair.
Significant gender pay gap found within largest north-east energy firms
North-east energy firms have pledged to address the gap between the average pay of men and women in the sector.
WATCH: Women in Energy full event
Watch the full video version of the Women in Energy event, held at the Robert Gordon University’s Sir Ian Wood building in Garthdee.
North Sea industry report says operators must reduce impact of ‘salting’ on production
A new report published today by the Oil and Gas Authority (OGA) has recommended that gas operators in the Southern North Sea collaborate to reduce the impact of ‘salting’ on production.
£37million co-invested by OGTC in first year
The Aberdeen-based Oil and Gas Technology Centre (OGTC) has reported £37million of co-investment in more than 70 projects in its first year.