The head of the Oil and Gas Authority (OGA) hopes a government sector deal for the North Sea will be agreed by the end of the year.
Oil and Gas Authority (OGA)
The Oil and Gas Authority (OGA) has defended the BP – Aberdeen net zero partnership against a claim it may be a “PR coup”.
The energy transition is an “enormous opportunity for lawyers”, according to the managing counsel for BP North Sea.
The leader of Shetland Islands Council has said the region wants “to retain more of that tax take” from oil and gas revenues in its self-determination bid.
Deltic Energy has announced a new Southern North Sea prospect in its portfolio following the OGA’s 32nd licensing round last month.
Chrysaor, the UK’s largest offshore oil and gas producer, is mulling plans for electrification of its North Sea platforms.
More than 40 North Sea fields represent a “lost opportunity” for the industry to learn shared decommissioning lessons, according to OPRED.
The Oil and Gas Authority (OGA) has pitched a £100m loan fund to the UK Government to stimulate North Sea decommissioning activity.
The formal proposal for an oil and gas sector deal will be submitted to the UK government next month.
Repsol Sinopec Resources UK (RSRUK) has decided to stop production on its Tartan Alpha installation after nearly 40 years, putting some jobs at risk.
Supply chain disruption ‘biggest threat’ for decommissioning cost spike, warn Spirit Energy and Petrofac
Disruption to the North Sea supply chain is the “biggest threat” for a spike in offshore decommissioning costs, according to bosses at Spirit Energy and Petrofac.
Forecasts for North Sea decommissioning spending over the next two years have been cut by half a billion pounds by Oil and Gas UK (OGUK).
Efforts to reduce the UK's offshore decommissioning bill last year were "largely negated" by 5% of operators who increased their costs by £1billion, according to the Oil and Gas Authority (OGA).
A UK boss of Petrofac has warned the North Sea supply chain “cannot afford for bad practices to creep in during this moment of crisis".
The UK Government will conduct a review of current energy infrastructure at sea as it sets its sights on expanding offshore renewables.
The UK continental shelf (UKCS) has a “significant role” to play in helping governments achieve their net zero targets in the coming decades, a new report said.
Ian Diggory, a 40-year industry veteran and principal consultant for Rosen UK, formerly of Macaw Engineering, discusses supply chain issues relating to the North Sea energy sector.
The Oil and Gas Authority (OGA) has warned UK decommissioning spending will fall short of estimates over the next two years, bringing concerns of a “significant impact” on suppliers.
An Aberdeen MP has said the government “can’t continue to dither” on an oil and gas sector deal as industry leaders meet the UK energy minister later.
Hibiscus Petroleum plans to move ahead with its Marigold project in the UK North Sea next year, with safeguards against delays around Covid-19.
The Oil and Gas Authority (OGA) has slammed “poor behaviour” in the North Sea supply chain, with firms facing demands to cut rates as much as 40% “overnight”.
An industry leader has said he is "confident” of securing government backing for a sector deal and a global underwater "hub" in Aberdeen this year.
The Oil and Gas Authority (OGA) has published new research in a bid to show the continued need for North Sea resources, despite the Covid-19 pandemic.
New analysis has outlined “huge concerns” for UK taxpayers around whether oil and gas firms will be able to meet their hefty decommissioning costs, with some rising above their company market values.
Scotland’s energy minister said work to “flesh out actions” to protect jobs and accelerate the transition to low carbon fuels is underway, following the first of several industry crisis talks.