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Report highlights improved competitiveness of UK oil and gas industry but fresh investment is now vital

Industry efficiencies are driving a 45% drop in the cost of extracting a barrel of oil or gas from the UKCS Production up by 10.4% in 2015, the first increase in 15 years Major challenges remain, with record low exploration and a lack of capital investment   Oil & Gas UK’s Economic Report 2016 published today (27 September [...]

First Minister meets oil and gas industry leaders

Scotland’s First Minister today (19 September) heard at first hand the steps the UK oil and gas industry is taking to navigate its way through the downturn. Nicola Sturgeon MSP met with senior industry leaders of Oil & Gas UK’s board at the trade body’s Aberdeen offices this afternoon. The First Minister said: “I was delighted to meet [...]

Oil & Gas UK response to Oil and Gas Production Statistics 2015-16

Adam Davey, market and intelligence manager, Oil & Gas UK said: “The production increase we can see from today’s figures is the result of not only the hard work industry has done to improve efficiency, but also the massive boost of investment we have seen in recent years, which peaked at a record £14.8 billion of capital investment in 2014. “While [...]

Oil & Gas UK Announces Finalists of 2016 Awards

Oil & Gas UK has revealed the outstanding performers who make up the shortlist of finalists for the 10th anniversary of the trade body’s prestigious Awards, sponsored by Shell U.K. Limited. Winners will be announced at the annual awards ceremony at Aberdeen Exhibition and Conference Centre on Thursday 3 November – an event which regularly [...]

Industry interest in decommissioning opportunities evident at Share Fair Spotlight

Three companies currently involved in decommissioning projects made it clear to a capacity audience at a specialist Share Fair, organised by Oil & Gas UK’s Efficiency Task Force yesterday (September 8), that there are business opportunities available now for enterprising firms ready to take on the efficiency challenge and contribute to the sector’s [...]

Safety champions announced at industry awards

The people and companies making a positive difference to North Sea safety were today (August 17) honoured for their efforts at a key industry event. The Offshore Safety Awards – organised by Oil & Gas UK and Step Change in Safety with Maersk Oil as principal sponsor – celebrated the work being done to make the industry the safest it can be. A [...]

Oil & Gas UK Publication Promotes Industry Good Practice for Reviewing Maintenance Regimes

A new publication launched by Oil & Gas UK today (11 August), “Maintenance Optimisation Reviews: Sharing Experience and Learning” will contribute to industry efforts to promote improvements in major accident hazard management and operational efficiency on offshore oil and gas installations. Mick Borwell, Oil & Gas UK’s HSE Policy Director [...]

New Look for Annual Safety Recognition Awards

A new look event will next week (Wednesday, August 17) celebrate the individuals and companies coming up with new ideas and ways for making the UK oil and gas industry as safe as it can be. The Offshore Safety Awards - organised by Oil & Gas UK and Step Change in Safety with Maersk Oil as principal sponsor - takes place at the Aberdeen Exhibition [...]

Oil & Gas UK Secures Early Forum Following Meeting with New Secretary of State for Business, Energy and Industrial Strategy

Deirdre Michie, Oil & Gas UK’s chief executive, said “I was pleased to meet Greg Clark MP, secretary of state for the newly formed department for business, energy and industrial strategy in Aberdeen today so soon after his appointment. He reinforced that the UK Government sees the oil and gas sector as a strategically important industry for [...]

Innovative Approaches to Funding Business Growth the Topic for Breakfast Briefing

Funding the Future is the theme of Oil & Gas UK’s breakfast briefing at Aberdeen’s Exhibition and Conference Centre on August 23, sponsored by Deloitte. Speakers experienced in securing funding from new sources will discuss how adopting a fresh approach to financing can help companies overcome tough economic conditions to fuel business growth. Derek [...]

Offshore safety continues to improve, sector report shows

Personal safety performance across oil and gas operations on the UK Continental Shelf (UKCS) continued to improve in 2015, according to the 2016 Oil & Gas UK Health & Safety Report published today (1 August).   There were no reported fatalities and reportable injury rates for the offshore oil and gas industry – using a metric set [...]

Oil & Gas UK Welcomes the 29th Licensing Round

Mike Tholen – Upstream Policy Director at Oil & Gas UK, said: “The industry is pleased to see the announcement by the Oil and Gas Authority (OGA) of the 29th Offshore Licensing Round from the UK Continental Shelf (UKCS).  This is the first licensing round to offer the Innovate Licence - a new more flexible approach developed by the industry [...]

Oil & Gas UK Response to Today’s Industrial Action

Deirdre Michie, Chief Executive of Oil & Gas UK, said: “We are extremely disappointed that the talks have broken down and that industrial action is going ahead as that will only undermine the concerted efforts everyone is making to tackle  the cost challenges, onshore and offshore. We all need to pull together and we urge all parties to keep [...]

Exceptional Performers Sought for Oil & Gas UK’s Tenth Annual Awards

Nominations have opened for the Oil & Gas UK Awards which give oil and gas companies of all sizes, as well as individuals, the opportunity to be recognised for their outstanding contribution to the industry. Shell U.K. Limited is sponsoring the Awards which will take place at Aberdeen’s Exhibition and Conference Centre on Thursday 3 November. [...]

Oil & Gas UK Welcomes New Cabinet Appointments

Deirdre Michie, chief executive of Oil & Gas UK, said: “I’d like to congratulate the Rt Hon Greg Clark MP, the new Secretary of State for Business, Energy and Industrial Strategy, and his cabinet colleagues on their appointments.   “We will be looking to meet with Mr Clark as soon as possible to discuss the challenges our industry [...]

Oil & Gas UK congratulates Theresa May on appointment as Prime Minister

Oil & Gas UK congratulates the Rt Hon Theresa May MP on becoming leader of the Conservative Party and Prime Minister. As the leading trade association for the offshore oil and gas industry in the UK, representing over 450 members across the sector, we look forward to continuing our constructive relationship with the UK Government.   Oil [...]

Oil & Gas UK Responds to the Result of Unite Ballot

Deirdre Michie, Oil & Gas UK’s chief executive, said: “Oil & Gas UK is extremely disappointed to hear the outcome of the ballot called by Unite announced today. Industrial action can only add to the industry’s challenges as it focuses on tackling the current downturn to restore North Sea competitiveness and sustain jobs in the industry [...]

Oil & Gas UK Welcomes News that the OGA has awarded contracts for second £20 million UK seismic campaign

Mike Tholen, Oil & Gas UK's upstream policy director, said: “We welcome the news that the Oil and Gas Authority (OGA) has awarded the contracts to acquire seismic data from the East Shetland Platform and South West Britain.  Data gathered from these underexplored areas on the UK Continental Shelf (UKCS) will help inform future licensing rounds [...]

Petrofac’s Walter Thain to lead offshore oil and gas industry efficiency drive

Walter Thain, managing director of Petrofac’s Engineering & Production Services (EPS) West business, is to lead the UK offshore oil and gas industry’s efficiency drive as chairman of the Oil & Gas UK Efficiency Taskforce (ETF), it was announced today (Thursday, 7 July).   Launched last year to provide the catalyst for greater [...]

Oil & Gas UK’s response to the publication of the Oil and Gas Authority’s Decommissioning Strategy

Oil & Gas UK’s upstream policy director, Mike Tholen, said: “We welcome the publication of the Oil and Gas Authority’s Decommissioning Strategy.  The industry has been working on closely with the OGA on the content of the strategy and looks forward to reviewing the detailed proposals now published. In the years to come, billions of [...]

Expro awarded $30m production contract in India

International oilfield services company, Expro, has been awarded a contract worth over $30m with the Hindustan Oil Exploration Company (HOEC) for the Dirok gas field in India. The project will see Expro provide the design, engineering, construction, transportation, installation and commissioning of a Modular Gas Processing Plant (MGPP), which will fulfil [...]

Statoil House in Aberdeen officially opened by First Minister Nicola Sturgeon

Statoil House in Aberdeen officially opened by First Minister Nicola Sturgeon Scotland’s First Minister Nicola Sturgeon MSP officially opened Statoil House in Aberdeen, the company’s new operations centre for the UK Continental Shelf (UKCS). Starting with just a handful of employees in the spring of 2013, Statoil has grown its workforce in Aberdeen [...]

PARKMEAD INCREASES ITS STAKE IN MAJOR UK OIL PROJECT

Parkmead has increased its stake in the Perth and Dolphin oil fields in the UK Central North Sea to 60.05%. The Perth and Dolphin fields, which are both operated by Parkmead,, are at the core of Parkmead’s major Perth-Dolphin-Lowlander (PDL) oil hub project in the prolific Moray Firth area of the UK Central North Sea. Read more... Read more

Hedda Felin new managing director of Statoil Production

Senior vice president Hedda Felin has taken over as managing director of Statoil Production UK. As the new head of the company’s Aberdeen office, Hedda is responsible for Statoil’s upstream development and production activities in the UK and Ireland. Read more... Read more

Aberdeen Drilling Consultants sets new standards for quality management

Aberdeen Drilling Consultants (ADC has announced it is the first and only rig inspection company in the world to be awarded the latest International Organisation for Standardisation (ISO) accreditation for its quality management systems. The ISO 9001:2015 standard certifies that ADC operates a formalised management system able to provide rig inspection [...]

Safehouse Introduces Innovative New Products to the Market

SAFEHOUSE has launched a new range of ATEX Power Tools to the market to enhance the capability, comfort and welfare of staff working in hazardous environments. The range of includes a grinder system, a coating removal system and a weld removal system. Read more... Read more

IRIS Group and Hatch Energy Group join forces to deliver a top quality service

Hatch Energy Group (HEG) and IRIS Group have partnered to form an exclusive alliance to deliver a bespoke inspection offering to their clients, globally. The partnership will deliver an enhanced, innovative solution, which will reduce clients costs and downtime. Together with HEG’s extensive experience and knowledge in on/offshore inspection services [...]

RedWave launches new scientific/engineering division

RedWave (Aberdeen) Ltd is delighted to announce the launch of a new Technical Division that will focused on the scientific and engineering markets. Read more… Read more

RedWave launches an apprenticeship support scheme for businesses

RedWave (Aberdeen) Ltd is delighted to announce the launch of its Apprenticeship Support Scheme, “RedWave – the Next Generation”, to assist companies that would like to participate in the Modern Apprenticeship (MA) Scheme in technical disciplines such as electrical, electronic, mechanical, hydraulic technicians or engineers, but do not necessarily [...]

Hunting expands pressure control equipment offering

Energy services specialist Hunting has expanded its pressure control equipment portfolio with the addition of an innovative new surface pressure control valve that will provide reduced operational risk and significant cost savings during well intervention operations. The company has been awarded the sole license for the new valve from Aberdeen-based [...]

Helix Well Ops completes first riser-based coiled tubing intervention

Aberdeen-based Helix Well Ops (U.K.) Limited, a UK subsidiary of international offshore energy service company Helix Energy Solutions Group, Inc., has completed the industry’s first riser-based coiled tubing intervention project from a mobile offshore drilling unit (MODU) class light well intervention vessel. The pioneering project was conducted from [...]

NEL and RGU develop data capture and analysis software to save oil and gas industry billions

NEL is investing £400,000 to develop a state-of-the-art flow meter data capture and analysis system. The joint project between NEL, Robert Gordon University (RGU) and The Data Lab, a Scottish government funded innovation centre, will upgrade NEL’s data acquisition infrastructure system, enabling data across 30 years to be analysed for the first [...]

READ Cased Hole appoints global business development manager

Aberdeen-based production and integrity evaluation specialist READ Cased Hole (READ) has expanded its senior management team and appointed Gavin Lindsay as global business development manager. Following a number of successful contract wins and new technology launch earlier this year, READ made a decision that it was paramount to invest in a dedicated [...]

Peterson awarded two six-year contracts from Statoil

Peterson has been awarded two long term contracts with Statoil to provide logistics support for the Dudgeon offshore wind farm located in the southern North Sea. Peterson will work closely with the operator to deliver comprehensive logistics services including stevedoring, ship agency services, provisions delivery and transportation of personnel for [...]

EM&I completes a dozen ODIN projects to date

Industry focus on new ways of cutting costs safely has helped drive the success of the EM&I ODIN diverless UWILD technology, which has gained rapid acceptance by clients, class societies and regulators. Twelve ODIN projects have been successfully completed to date for floating, production, storage and offloading vessels, drillship and accommodation [...]

Bentley and Shell Announce Global Framework Agreement

Bentley Systems, Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, has announced a new Global Framework Agreement with Shell. The agreement serves to improve Shell’s capital project construction execution through automated 4D/5D construction management solutions provided by Bentley as a managed [...]

Robert Gordon University partners with Sureclean to address a significant industry challenge

The three-year project will see RGU’s School of Engineering teaming up with Ross-shire based company Sureclean as part of a £249,000 Knowledge Transfer Partnership (KTP) to develop a tailored mobile treatment package for the processing of high chloride, oily waste produced by a range of industries, including oil and gas. Read more… Read more

First vessels use extended quay at Lerwick’s Dales Voe base

Completion of the first phases of an £11.95 million quay extension at Lerwick Harbour’s deep-water Dales Voe Base has facilitated mobilisation of a large offshore construction vessel ahead of a contract offshore Canada. Subsea 7’s 18,666 gross tonne, 146-metre long Seven Waves berthed earlier this week, the day after handover of the second phase [...]

Bibby Offshore continues North Sea success with multimillion pound contract win

Bibby Offshore, a leading subsea services provider to the oil and gas industry, has announced a multimillion pound contract win with an independent UK-based E&P company, to provide air diving, and ROV inspection and construction services across five of its North Sea assets. The contract, which commenced in June 2016 and is to be completed by the [...]

EV appoints new CEO

Leading specialist in well diagnosis, EV has announced the appointment of a new chief executive officer. Bringing over 28 years’ of industry experience to the role, Fraser Louden has held a number of positions within a range of oil and gas service companies - including 17 years with Schlumberger - in global management and leadership posts. To further [...]

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