35,000 jobs lost as Covid and volatile prices hit UK oil and gas sector
Nearly 35,000 UK jobs supported by the oil and gas industry have been lost in the last year as Covid and volatile prices struck, according to a landmark new report.
Ross Dornan
OGUK report underlines need for ‘vital support’, says 30,000 job losses remains ‘reasonable estimate’
Oil and Gas UK (OGUK) has warned that the UK’s energy transition is at risk of stalling unless the industry receives “vital support” from government.
North Sea facing ‘most challenging moments ever’ 45 years since first oil
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.
Swift financial protection needed to weather storm that could impact North Sea ‘for years to come’ – OGUK
Struggling North Sea firms need swift and long-lasting financial protection to weather an oil price and Covid-19 storm that has the potential to impact the industry “for years to come”.
Opening the Gateway to Abu Dhabi
Energy Voice and Granite PR have held their first co-branded Gateway event in Abu Dhabi, with a pre-conference breakfast involving ADNOC, where the importance of innovation and co-operation was high on the menu.
Smarter North Sea exploration promises big rewards
When we published our Business Outlook earlier this year, there was clear evidence of the building momentum around exploration.
Industry will prevail against ‘Darwinian’ fate, says OGUK chief
The chief executive of Oil and Gas UK has said the industry will prevail against claims it faces “extinction” in the fight against climate change.