OGA chief Samuel warns North Sea could face a “very grim” future
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.
Oil and Gas UK
Industry leaders join Oil and Gas UK board
Total managing director Elisbeth Proust has joined the board of industry body Oil & Gas UK as part of a shake up of members.
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.
OGUK boss welcomes UK Government’s energy policy
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.
Industry bodies aim to deliver streamlined decommissioning approach
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.
North Sea decommissioning expenditure to hit £17bn over next decade
The UK oil and gas industry’s decommissioning sector is growing at a steady pace, with total expenditure expected to hit £16.9billion over the next decade, a new study shows. Oil and Gas UK (OGUK) raised the forecast from £14.6billion a year ago, citing an influx of 47 new projects into its 2015 Decommissioning Insight survey. A total of 79 platforms are now expected to be removed across the UK continental shelf by 2024, according to the poll, which was launched at the Offshore Decommissioning Conference in St Andrews.
New report aims to support new decommissioning technology
Industry bodies Oil & Gas UK and Decom North Sea have published a report to provide businesses with guidance on good practice in identifying, qualifying and adopting new technologies used in the decommissioning of offshore assets.
Oil and Gas UK publishes decommissioning advice
Industry body Oil and Gas UK has published documents to help operators and contractors plan and execute decommissioning activities.
OGUK’s confidence index posts fifth straight negative reading
Oil & Gas UK’s Business Sentiment Index posted its fifth straight negative recording amid heightened market pressures.
OGUK calls for positive approach at Share Fair, reveals new initiatives
The head of Oil and Gas UK (OGUK) yesterday urged companies to drop “cynicism” and embrace the new way of working after the trade body unveiled a number of new initiatives at an annual business event. OGUK’s Share Fair aims to stoke collaboration and drum up business by giving supply chain companies a rare chance to have one-to-one interviews with operators’ decision makers throughout the day, in a format not dissimilar to speed-dating. OGUK chief executive Deirdre Michie said that while the attendance was down slightly on previous years, a turnout of 900 plus was still very good and showed the industry is trying to improve the difficult situation it finds itself in.
Share Fair points to change in operator attitudes as openness prevails
Visitors to Oil and Gas UK’s annual Share Fair said the event indicated that operators’ attitudes towards the supply chain are thawing amid the oil price downturn. Delegates who participated in one-to-one interviews, more than 1,000 of which were held throughout the day, said buyers were more receptive to new ideas than had previously been the case. Jan Stander, business development manager at Trac Oil and Gas, an Aberdeen-based energy service firm, said a slight dip in attendance had helped improve opportunities to break the ice with potential clients.
EI chief says young oil workers should consider skills transfer to wider energy sector
Young people should consider how their skills transfer to the wider energy remit, according to the boss of industry body the Energy Institute.
OGUK’s new guidelines pinpoint best guidelines in well abandonment
Industry trade body Oil and Gas UK has published the second issue of its guidelines on the qualification of materials for the abandonment of wells.
Oil industry “may require further tax cut” says OGUK chief
The North Sea oil sector may need a further reduction in its tax bill if prices remain low, the head of an industry body has said.
University to launch new petroleum management course
A new course in petroleum data management for the oil and gas industry is to be launched by Aberdeen's Robert Gordon University and Oil and Gas UK's subsidary Common Data Access.
Oil & Gas UK Awards 2015 finalists announced
The finalists for the Oil & Gas UK Awards have been announced.
There’s still an appetite for investment in the North Sea – PwC
Investors are still keen to invest in the North oil and gas industry, if the right deal is available, according to a senior industry expert.
OGA chief opens Global Energy’s new quayside facility at Nigg
Oil and Gas Authority chief executive Andy Samuel visited the north of Scotland to attend the first ever Oil and Gas UK Fabricators Forum to be held in the Highlands.
Energy Minister calls for UK Government action to support oil and gas sector
Scottish Energy Minister Fergus Ewing has called on the UK Government to make further commitments to the help the North Sea oil and gas industry and take action on protecting the stability of the oil and gas fiscal regime. In a briefing at Holyrood to politicians he said there needed to be an urgent consultation on inventives to boost further exploration in the North Sea. Ewing also urged the UK government to make a commitment there would be no tax increases for the industry and any significant policy proposals should be in consultation with both industry and the Oil and Gas Authority (OGA).
Collaboration is key theme of oil and gas jobs fair
Collaboration and cooperation are key elements of industry body Oil and Gas UK’s 2015 Share Fair, which takes place on November 4.
Decommissioning conference to hear from T In The Park stalwart
Oil and gas decommissioning specialists can learn lessons from Scotland's largest music festival T In The Park at a conference later this year.
Cameron welcomes OGUK chief to officially open Aberdeen facility
Oil & Gas UK chief executive Deirdre Michie formally opened the new Aberdeen base for oil services firm Cameron.
Oil and Gas UK chief welcomes OGA report
The chief executive of Oil and Gas UK has welcomed the progress made by the Oil and Gas Authority six months on from its industry call to action.
OGA chief welcomes new Efficiency Task Force
Chief executive of the Oil and Gas Authority, Andy Samuel, has welcomed the formation of the new Efficiency Task Force (ETF), led by industry trade body Oil and Gas UK, that aims to greater efficiency with the UK North Sea sector.
Video: New North Sea task force to push efficiency drive
A new North Sea task force has been launched to make the UK sector more competitive and maximise economic recovery.