Industry chiefs welcomed the North Sea Transition Deal last night and vowed to work with government to deliver a “homegrown” leap to net zero.
Oil and Gas Authority
The joint heads of a taskforce are “absolutely confident” the group’s work will help stimulate an imminent ramp-up in North Sea oil-well decommissioning activity.
Oilfield service (OFS) companies must decide now whether they are going to stick with hydrocarbons or pivot to low-carbon, a new report said.
Dana Petroleum, of Aberdeen, intends to withdraw from a North Sea gas project which had been earmarked for an investment decision in the near term, it can be revealed.
Spirit Energy will drill a new well in a bid to deliver more than 4.2 million additional barrels of oil equivalent from a southern North Sea field.
The head of disputes and sanctions at the Oil and Gas Authority (OGA) isn’t in the business of giving companies nasty shocks.
Exclusive: Lancaster climbdown no surprise to geologist who clashed with OGA and Hurricane management
A retired geologist has claimed Hurricane Energy’s huge climbdown on its west of Shetland oil resource estimates could have been avoided if his warning had been heeded in 2016-17.
Leading voices from the world of industry will get to grips with the energy transition’s biggest questions at a free online event in one week’s time.
The boss of the UK North Sea’s biggest producer is confident national net-zero targets can be factored into the sector’s operations without large volumes of indigenous oil and gas being left stranded.
Offshore platform electrification will be the “main key technology” in reducing carbon emissions from oil and gas production, according to a senior academic.
In February I wrote about the challenges and opportunities of the energy transition, prompted by a speech by Oil and Gas Authority chairman Tim Eggar.
The UK North Sea oil industry may have reached its own Kodak moment, said Stuart Payne, a director at the sector’s regulator.
The Oil and Gas Authority (OGA) has started benchmarking North Sea operators on their flaring and venting levels in a crackdown on offshore emissions.
The Oil and Gas Authority (OGA) has appointed a BP and Chevron veteran is its new central North Sea area manager.
Decom North Sea (DNS) and the Oil and Gas Authority (OGA) are “aligned” on the urgent need to stimulate decommissioning activity so that North Sea jobs can be saved.
The North Sea oil industry’s old guard is concerned that the sector’s regulator is “losing balance” as a result of its efforts to help government meet net-zero targets, a top boss has claimed.
Politicians and industry lobbyists are calling for the UK Government to help save hundreds, if not thousands, of threatened North Sea jobs by urgently tackling a “cashflow conundrum”.
The Oil and Gas Authority (OGA) has hosted the first in a series of talks on using green power for Central North Sea platforms.
The drive to ensure the UK oil and gas sector is taking collective action to stimulate its own recovery will be thrown into focus in an industry webinar next week.
Oil and gas bosses have praised the industry’s “continuing efforts” after production efficiency on the UK Continental Shelf hit the Holy Grail of 80% last year.
Subsea technology and service firms could turn their backs on oil and gas work if customers keep heaping pressure on margins, an industry chief has warned.
Oil and gas operators are “much more likely” to break contracts, change suppliers or alter prices than service firms in response to the downturn, according to a new study.
The Oil and Gas Authority (OGA) has agreed to extend a pair of southern North Sea licences which are expected to come under Shell’s watch.
Hurricane Energy’s boss has thanked the UK oil and gas industry’s regulator for giving the company more breathing room with its licence obligations.
A trade union boss has said offshore contractors’ plans to scrap a blanket deal covering thousands of workers went against “every principle” championed by North Sea industry.