UK/UKCS
News
June 28, 2023
David Whitehouse, Chief Executive of Offshore Energies UK, which represents 400 companies involved in producing energy from gas, oil and wind in UK waters, said OEUK supported the CCC’s net zero targets, but the report’s proposals for achieving it would put the UK at increased risk of a new energy crisis.
News
June 27, 2023
The North Sea’s massive potential contribution to energy security, net zero, jobs and investment topped the agenda at an industry and government summit in Aberdeen on June 27.
News
June 27, 2023
The contract will include all mechanical, electrical, hydraulic, and structural maintenance of cranes and lifting equipment, which will be executed by Sparrows UK team from its headquarters in Aberdeen.
News
June 19, 2023
The new contract will see THREE60 Energy permanently decommission 13 injection, production and observation wells, creating new jobs for the company in the UK and Europe.
News
June 15, 2023
The two companies will collaborate to develop a fit for purpose duty holder model to support future infrastructure investments, and position Wood as a strategic partner, providing onshore and offshore lifecycle asset management engineering and operational solutions.
News
June 09, 2023
The UK Government has announced that the windfall tax will remain in place until March 2028, introducing a mechanism which means if oil and gas prices fall, the tax rate for oil and gas companies will return to 40%.
News
June 05, 2023
The Labour proposals to ban all new North Sea oil and gas licenses are “naive” and would create a “cliff edge” for the industry that will hit jobs, GMB union General Secretary Gary Smith told Sky News on Sunday.
News
May 23, 2023
The multi-year decommissioning contract, valued at more than $20 million, will utilize Expro’s Subsea Well Access technology with a combination of open-water and in-riser applications deployed from a semi-submersible rig.
News
May 15, 2023
Offshore Energies UK said gas and oil production was indeed in long-term decline. However, the North Sea and other UK waters still contained enough gas and oil to support much of the nation’s needs during the three decades it will take to reach net zero.
News
May 10, 2023
“It makes absolutely no sense to not invest in the resources we have here at home, to import foreign fossil fuels, not create jobs here and import them at twice the carbon emissions as our local resources,” Prime Minister Sunak told lawmakers in weekly questions in the House of Commons on Wednesday.
News
May 09, 2023
Michael Tholen, Director of Policy and Sustainability for Offshore Energies UK, said, “Deep beneath our waters lies a treasure trove of carbon capture business opportunities. An accurate map of the UK’s potential for this innovative sector will help to nurture a new wave of businesses and jobs."
News
May 05, 2023
The venture has been on ice since late 2021, when the energy major said the economic case for the project had weakened.
News
April 18, 2023
“This additional supply is crucial to the UK’s energy security and reduces our reliance on imports as we transition to net zero," said OEUK’s market intelligence manager Ross Dornan.
News
April 18, 2023
Substantial modifications were made to the Haewene Brim floating production, storage and offloading vessel (FPSO), which is used to produce hydrocarbons at the Pierce field. A new subsea gas export line was also installed, connecting to the SEGAL pipeline system, which brings gas ashore at St Fergus, north of Aberdeen.
News
April 08, 2023
The strikes put the UK’s production of oil and natural gas at risk just as Europe tries to pivot away from a dependency on Russian supplies, which are being throttled by Moscow in the wake of the invasion of Ukraine.
News
April 05, 2023
In a statement, the oil and gas producer said it is “working hard to mitigate the impact” of the workforce reduction with recruitment freezes and a voluntary redundancy scheme.
News
April 03, 2023
The action will affect production platforms operated by Shell Plc and Harbour Energy Plc, the union said in an emailed statement.
News
March 30, 2023
Britain's future energy security remains a key concern despite the government’s ‘Powering up Britain’ strategy and its recognition of the “vital role” of oil and gas in powering the nation and providing the bedrock for the transition to net zero and beyond, OEUK's Chief Executive said.
News
March 30, 2023
The agreement covers transport and installation works over a period of 3 years, utilizing one of Havfram Wind`s newbuild NG20000X Jack-Up Wind Turbine Installation Vessels with a 3,200-ton crane. The work will start in the spring of 2027.
News
March 30, 2023
Developed in collaboration with Oil Spill Response Limited (OSRL), OEUK has worked with its members to create the UK Mutual Aid Framework Agreement (UK MAFA) which aims to facilitate mutual aid of personnel between UK operators in the event of a sustained incident response.
News
March 29, 2023
The NSTA is determined to assist industry in its role of ensuring domestic energy security and has opened a consultation on new guidance which aims to streamline the buying and selling of assets.
