UK/UKCS
Article
August 2020
To further exploit the UK’s vast wind power potential, technology advances and cost reductions are required for floating installations to compete commercially against bottom-fixed facilities.
News
August 06, 2020
Petrofac has signed a Memorandum of Understanding with independent clean energy champion, Storegga Geotechnologies. The agreement builds new energy capability and capacity in the UK and represents a significant strategic step in Petrofac’s continued expansion into new and renewable energy.
News
August 06, 2020
OGUK is also discussing a transformational sector deal with the UK government, which will also set out how the UK’s oil and gas industry will play its part in supporting a green recovery that attracts investment, jobs and supports the supply chain.
News
August 03, 2020
The transaction consists of a material, cash generative portfolio of assets in four producing areas of the UK North Sea, with an average 2019 production of approximately 23,000 boepd and substantial development upside.
News
August 03, 2020
North Sea oil workers are staying offshore for as long as three weeks at a time, potentially increasing the risks of an already dangerous operating environment, according to unions.
News
July 29, 2020
Corporate energy consumption was down 40% at the peak of the Covid-19 crisis but the latest figures (to 21st July) are only 8% below the level they were just prior to lockdown. There has been a sharp rise in the past two weeks as restrictions have relaxed and more people have returned to work.
News
July 22, 2020
The UK oil and gas industry says blanket testing of its workers is essential to avoid Covid-19 outbreaks offshore, but the authorities have so far refused to provide the means to do so.
Article
July 2020
Forging the UK oil and gas industry’s future
Article
July 2020
A new study highlights the possible levels of oil and gas production, field investment and decommissioning activity on the UK Continental Shelf (UKCS), following the collapse of oil and gas prices.
News
July 08, 2020
The leading representative body for the sector OGUK said that the UK faces a once-in-a-lifetime opportunity to deliver moves to a lower carbon and more diverse energy mix, reinforcing the importance of the sector deal currently being discussed with the UK Government.
News
July 08, 2020
North Sea nations and oil companies face costs of more than $100 billion to shut down old wells in the depleted region. Researchers in Norway believe they can cut that figure dramatically.
News
July 02, 2020
SeaFlo Consultancy Ltd has invested more than £250,000 to develop a new dynamic marine and subsea training capability supported by state-of-the-art mobile simulators.
News
June 29, 2020
Ampelmann has secured five new contracts in offshore wind over the course of a month with Norwegian companies BOA, Volstad, Olympic Shipping, Siem Offshore and DOF.
News
June 25, 2020
OGUK recently set out industry commitments to halve operational emissions in the next decade, with a target of 90 percent reductions by 2040. The sector was one of the first to respond to the Committee on Climate Change report in May last year which called for governments to reach net zero emissions by 2050 in the UK and 2045 in Scotland, with its Roadmap 2035: a blueprint for net zero.
News
June 12, 2020
The investment, with a focus on the North East, underpins the region’s ambitions to become a world leader in the transition to net zero, helping Scotland meet its ambitious targets on climate change.
Article
June 2020
One service/supply company in the UK shares its lessons learned in coping with Covid-19 while maintaining operations.
Article
June 2020
Associations take proactive path in Canada and the UK
News
June 05, 2020
Aging offshore oil wells that once brought market prominence to Europe, the U.S. Gulf and Brazil are increasingly money losers that companies want shut down amid low oil prices and a struggling global economy. But the effort won’t be cheap.
News
June 01, 2020
Petrofac’s Engineering & Production Services business (EPS) has secured a well management contract for Phase 1 of Independent Oil and Gas plc’s (IOG) Core Project.
News
May 22, 2020
Key trends for the coming week, including how industry groups' response to low oil prices differ dramatically in the U.S. versus other producing nations, China's big plans for its economy, and investment analysts turning their backs on key sectors of the industry.
News
May 22, 2020
Archer announced a formal contract award for provision of a modular drilling unit and associated services by TAQA.
