Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Folder An icon of a paper folder. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. Linked In An icon of the Linked In logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo.

Oil and Gas UK

Oil & Gas

Tech developments can generate £1bln revenues for oil and gas industry, report says

The struggling oil and gas industry could unlock £1billion worth of revenues by developing new techniques for inspecting offshore infrastructure, a new report says. The study said companies’ efforts to check installations for corrosion and inspect vessels used to extract oil and gas were being hindered by technology gaps, which were lowering efficiency and increasing costs. It set out to identify new and existing technologies which could cut costs associated with these two key areas of asset integrity, without compromising on safety.

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.

Oil & Gas

OGUK dismisses new report from trade union alliance

Industry body Oil and Gas UK (OGUK) yesterday dismissed a report ordered by an alliance of trade unions on the potential dangers of offshore rota changes to the North Sea workforce. The Offshore Co-ordinating Group (OCG), which commissioned the report, called on operators to stop moving offshore workers to 3:3 rotas until further research was undertaken. The report, by Dr Robert Stewart and the Scottish Centre for Employment Research (SCER), admitted that while it could not make “clear conclusions” about whether working regular three-week tours posed significant health and safety risks, it said that “there are suggestions this may indeed be the case”.

North Sea

OGUK lauds companies for “tooling up”

Oil and Gas UK (OGUK) yesterday hailed the increase in demand for “tools” it helped develop in an effort to improve efficiency in the industry. The trade association said more than 900 companies had signed up to the industry mutual hold harmless (IMHH) deed. OGUK said the deed, which was originally developed in 2002, helped firms clarify the allocation of risks and avoid doubling up on the insurance of identical liabilities offshore.

North Sea

UK oil and gas drilling down in 2015, new figures show

Exploration and appraisal drilling in the UK North Sea went down in 2015, new figures show. A dozen exploration wells were drilled in the North Sea last year, one fewer than in 2014, according to UK Government statistics published this week. Offshore appraisal drilling decreased from 14 two years ago to 12 in 2015.

Oil & Gas

Aberdeen MSP calls for safety over “cutting costs”

An Aberdeen MSP has warned the “first-rate” safety culture in the North Sea that emerged after Piper Alpha could be at risk as firms strive to cut costs. The SNP’s Mark McDonald is seeking urgent talks with Deirdre Michie, the chief executive of Oil and Gas UK.

North Sea

Oil industry to back new collaborative charter

The trade body for the North Sea oil and gas sector has called for the industry to back the tenets of a new charter that outlines collaborative behaviours to achieve “transformational change”.

Oil & Gas

OGUK hails new oil and gas output figures

Improved offshore oil and gas output helped the UK boost its energy production from July to September, while electricity from wind also soared, new figures show. The UK oil and gas industry’s trade association hailed the hydrocarbon production statistics, while green groups said the renewables industry was getting stronger in Scotland. It comes a day after Chancellor George Osborne said UK oil and gas revenues are expected to nosedive 94% this year, in a blow to North Sea industry.