Scottish ministers will travel to Aberdeen tomorrow to meet with key oil and gas figures to hear how the industry is coping to the oil price crash.
Oil and Gas UK
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.
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.
New analysis suggests the North Sea collaboration is on the rise.
The boss of industry body Oil and and Gas UK has moved to clarify comments she made to MPs after angry oil workers objected to her claiming they "get it" about why cost cutting measures are being taken by companies.
The Offshore Safety Awards ceremony has been postponed following the North Sea helicopter crash which claimed 13 lives.
Moves to restructure infrastructure ownership in the North Sea were in the spotlight at an Oil and Gas UK (OGUK) business breakfast in Aberdeen.
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”.
The Oil and Gas Authority has begun the release of data from the 2015 Government-funded seismic shoot off the UK coast.
The latest revision of well integrity guidelines have been published by industry body Oil and Gas UK.
The future of oil and gas industry to be discussed by prospective MSPs at an event organised by industry body Oil & Gas UK.
A group of North Sea operators have come together to improve efficiency with the launch of a trial scheme to share 200,000 inventory items.
Oil and Gas UK today made a rallying call to the UK government to rethink its tax strategy or risk costing the North Sea a billion barrels of oil and hundreds of thousands of jobs.
Collaboration: what does it mean to you?
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.
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.
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.
Four new guides have been added to an information ‘toolkit’ to help offshore oil and gas operators implement their response should there be an oil spill in the North Sea.
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”.
Further job losses in the North Sea are inevitable as the “challenging times“ for the oil and gas industry continue, MSPs have been warned.
The head of the Oil and Gas UK Authority has said the industry in the North Sea is like an “ageing patient” that could face a “very grim” future.
Total managing director Elisbeth Proust has joined the board of industry body Oil & Gas UK as part of a shake up of members.
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.
Oil & Gas UK chief executive Deirdre Michie has welcomed the UK Government's energy policy which has gas playing a central role in future power generation.
UK offshore oil and gas industry trade bodies Oil & Gas UK and Decom North Sea have pledge to deliver more joined-up working to deliver a more effective decommissioning agenda for the North Sea.