The human cost of Covid and commodity price crash
Energy Voice article – The Human Cost of Covid and Commodity Price Crash
Oil and Gas UK
OGUK partners with skills body to offer support to redundant oil and gas workers
The leading representative body for the UK’s offshore oil and gas sector has partnered with Skills Development Scotland to signpost support for oil and gas workers impacted by redundancy.
Concerns around offshore maintenance backlog due to Covid-19 pandemic
Safety leaders have voiced concerns that a backlog of maintenance work may have built up offshore during the Covid-19 pandemic.
Suspected offshore Covid-19 cases continue to fall, OGUK says
A leading industry body has revealed suspected Covid-19 cases offshore have continued to fall due to “effective industry-wide measures”.
Encouragement as Apache plans new production well in Forties area
New plans to extend the life of a UK North Sea field were last night hailed as a potential boost for the oil and gas industry at a difficult time.
Continuous improvement teams should be highly prized, not cast aside
A continuous improvement (CI) professional has started up an Aberdeen consultancy which she believes can support North Sea industry’s post-Covid transformation.
Shell North Sea boss says firms will be ‘rapidly challenged’ by low emissions economics
Shell's North Sea boss has said firms will be “very rapidly” challenged by the economics of reducing emissions, calling for collaboration, government and regulatory support.
Scottish Government unveils £62million support package for crisis-hit oil and gas sector
A £62million Scottish Government support package has been unveiled to help oil and gas firms make a green recovery from the Covid-19 crisis.
Oil and gas has so much to offer in any recovery
It’s too soon to know with any certainty how Covid-19 will affect our lives in the weeks, months and even years to come. The true scale of the impact of the pandemic and the measures needed to save lives remains to be seen.
Energy leaders welcome UK plans for emissions trading scheme post-Brexit
Energy sector leaders have welcomed the UK Government’s intention to replace an EU emissions-busting scheme with its own version which “goes further” on reductions.
Revised furlough scheme unlikely to ‘stem tide’ of oil job losses
The UK Government’s furlough scheme is unlikely to “stem the tide” of oil industry job losses as employers are told to start contributing to wages in the coming months, lawyers and politicians said.
First virtual D&I event to highlight sector opportunities
More than 300 people have signed up to attend OGUK’s first-ever D&I webinar to further explore opportunities to improve diversity and inclusion in what remains a challenging landscape for the UK oil and gas industry.
UK oil industry facing ‘very tough’ future, new report shows
The “astonishing” changes in the world oil market have left the North Sea industry facing a “very tough” future, a top petroeconomist has warned.
North Star Shipping plans 100 job cuts due to oil downturn
Aberdeen-based oil and gas support vessel operator North Star Shipping has told crews it plans to make around 100 people redundant.
UK decommissioning ‘up in the air’ amid Covid-19 pandemic
The dust might be starting to settle on some issues around Covid-19, but the impact it may have on North Sea decommissioning is very much up in the air.
Watch: Boris Johnson says UK Government ‘actively engaged’ on oil and gas sector deal
Boris Johnson has “assured” MPs that the UK Government is working on a sector deal for the crisis-hit oil and gas industry.
Call for Scottish Government to engage Westminster over lack of clarity on North Sea furlough scheme
A north-east MSP has called for the Scottish Government to engage Westminster and provide clarity to North Sea firms over who qualifies for the Covid-19 furlough scheme.
Norway’s rare tax changes to save oil industry would be ‘very welcome’ in UK, says expert
Norway has outlined plans for “extremely rare” changes to its tax regime to save the crisis-hit oil industry which would be “very welcome” for UK firms, according to an expert.
Ithaca Energy plans redundancies by end of 2020, CEO confirms
North Sea operator Ithaca Energy intends to make redundancies from its onshore workforce by the end of 2020, its chief executive has confirmed.
Valaris sets out plans to cut up to 332 jobs
Drilling firm Valaris has set out plans to cut up to 332 jobs across its offshore rig fleet as contracts are cancelled amid the Covid-19 pandemic.
Offshore unions claim 3,500 UK workers ‘could be displaced by September’
Offshore unions have claimed more than 3,500 UK workers "could be displaced by September" amid the oil price crisis and called for an urgent summit with Westminster politicians.
Many firms ‘torn’ between protecting business and supporting staff with furlough scheme, OGUK boss says
Many North Sea oil and gas firms are currently “torn” between protecting the long-term sustainability of their business and supporting those staff whose jobs were connected to now delayed or cancelled projects, according to an Oil and Gas UK (OGUK) boss.
Deepwater Horizon: North Sea was forced to ‘sharpen up’ in wake of Gulf of Mexico disaster
The Deepwater Horizon disaster forced the UK North Sea to “sharpen up its act”, reminding the sector of the “consequences of getting things wrong”, according to industry leaders.
Messaging clear over North Sea Covid-19 testing protocol but ‘takes time’, OGUK director says
An oil and gas representative body said it has been “very clear” on the messaging over Covid-19 offshore testing, but that it “takes time” after one oil major sent workers offshore prior to receiving their results.
Drilling jobs carnage shows UK oil industry in ‘crisis’
The UK oil and gas industry is in the grip of a “crisis” that could jeopardise North Sea production and the energy transition, a trade union boss has warned.