One of the top bosses at energy giant Wood has called on the oil and gas industry to help remove the “peaks and troughs” experienced by the beleaguered supply chain.
Over eight actions identified by the UK’s offshore oil and gas industry as essential if it is to realise a successful future in a lower carbon future have already been delivered, with a further 20 underway, despite the pressures heaped on the sector by the coronavirus pandemic.
The North Sea energy industry is facing some of its “most difficult and most testing challenges” ever as it today marks 45 years since first oil was landed in the UK.
Efforts by the sector to support decarbonisation, improve business competitiveness and develop skills for the future will be explored at OGUK's annual industry conference in Aberdeen on Wednesday 3 June.
The UK Continental Shelf’s attractiveness to investors results from a combination of compelling attributes: A competitive fiscal regime, a highly skilled supply chain and the remaining billions of oil and gas barrels that are still out there.
Oil and Gas UK (OGUK) will this week outline the details of its response to the UK and Scottish Government’s net zero targets.
2019 has been a year where the energy transition has very much come to the fore.
Opito has invested more than £600,000 in an immersive and educational energy theatre which will be unveiled at Aberdeen Science Centre (ASC) when it reopens in next summer.
Even a year or two ago, climate change and the energy transition would not have featured heavily in an interview between Energy Voice and the chief executive of Oil and Gas UK (OGUK).
Oil and Gas UK has launched a new educational campaign testing the knowledge of the nation about the offshore energy sector.