New tool to add ‘millions’ of barrels to North Sea production
A new tool has been launched which will help companies produce millions of extra barrels of oil through their North Sea operations.
A new tool has been launched which will help companies produce millions of extra barrels of oil through their North Sea operations.
The Oil and Gas Authority (OGA) has completed a “key priority” of the review which led to its creation in 2015.
The North Sea energy industry could recover another two billion barrels of oil if operators can collaborate on untapped discoveries, according to a new study.
A geologist who became the UK North Sea industry’s first point of contact for offshore licensing matters is retiring after 40 years in the civil service.
A handful of firms have been awarded blocks in a specific offshore licensing round to develop the Greater Buchan Area in the North Sea.
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.
The Oil and Gas Authority (OGA) has launched the UK’s 32nd offshore licensing round as the industry seeks to restore exploration activity.
The focus of industry and the OGA on asset stewardship has played a vital role in the turnaround of performance across the UKCS.
The Oil and Gas Authority (OGA) has awarded exploration and production rights to a range of operators in its latest North Sea licensing round.
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.
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.
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.
Significant uncertainty remains over the multibillion-pound cost to the taxpayer of decommissioning offshore oil and gas assets, MPs have said.
A new resource has been launched to help usher in a new era of North Sea oil and gas exploration.
The Oil and Gas Authority (OGA) today revealed it has begun research into powering North Sea oil and gas assets with renewable energy sources.
A new report has lowered forecasts for UK oil and gas revenues by an average of £600million per year to 2024.
North Sea oil and gas production reached a seven-year high in 2018, according to new figures.
Aberdeen school pupils scooped top prize at an oil and gas challenge held at BP yesterday.
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).
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.
Oil exploration firm Siccar Point Energy said today that the initial results from its Cambo well, west of Shetland, were "encouraging".
Decom North Sea has announced that it will once again hold its collaboration and decommissioning event to bring operators and supply chain firms together.
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.
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 had risen for the fifth consecutive year, hitting 74% in 2017, the Oil and Gas Authority (OGA) said.