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As of January 2018, the Oil and Gas Authority (OGA) is introducing new measures to ensure operators work appropriately with the supply chain and derive maximum value from project activity.

Companies focused on improving efficiency when drafting, executing and negotiating commercial contracts stand to benefit from using a new edition of the ‘Standard Contract for General Conditions of Contract for Purchase of Goods’, which is available from LOGIC (Leading Oil & Gas Industry Competitiveness) a not-for-profit organisation and subsidiary of Oil & Gas UK.

 

Graham Elgie, Managing Director of LOGIC, said: “This Standard Contract is one of a suite of 10 templates that LOGIC has developed over many years to simplify transactional processes relating to different areas of offshore oil and gas activity as part of improving the sector’s competitiveness.   These are regularly updated to ensure they are fit for purpose, providing companies with an industry-recognised template and general conditions for working co-operatively towards commercial agreements in a timely and effective manner.

“The industry has a well-established collaborative approach to standardising legal contracts and we are very grateful to the members of the Oil & Gas UK work group who worked with our Legal Issues Forum to help update this Standard Contract. LOGIC’s templates for contract negotiations are valued by legal and industry professionals – with over 25,000 downloads recorded since they were first published online. This helps improve the efficiency of commercial transactions in the basin and supports collective efforts to standardise processes across the sector to ensure it has a competitive environment in which it can thrive.”

LOGIC Standard Contracts are free for Oil & Gas UK members to download and £10 + VAT for non-members.
Ends

Notes to Editors:

Issued by the Communications Team, Oil & Gas UK. Contact Communications Advisor Lucy Gordon on 01224 577331 / [email protected].

In response to a letter issued by the Health and Safety Executive regarding hydrocarbon releases from offshore oil and gas installations, Oil & Gas UK’s chief executive, Deirdre Michie said:

 

“As the HSE recognises in the letter sent to our members, our industry has delivered ‘a substantial and welcome downward trend in the total number of HCRs since 2005’. However, we all know there is never room for complacency.

 

We understand why the HSE wants to highlight areas where industry can further improve and we continue to work closely with them to reduce hydrocarbon releases.

 

The industry is committed to ensuring lessons are learned and good practice is shared, and look forward to using the results of this initiative to progress this important work.”

ENDS

 

Notes to Editors:

Issued by the Communications Team, Oil & Gas UK. Contact Lucy Gordon, Communications Adviser on [email protected] / 01224 577331

Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.

  • More new investment expected in 2018 than the last 3 years combined
  • 2018 production set to increase 5% making it 20% higher than 5 years ago
  • Unit Operating Costs halved since 2014 and post-tax cash flow highest in 7 years.
  • Supply chain still under pressure but revenues to stabilise in 2018, cash-flow and profitability remain a challenge
  • More exploration needed to realise basin’s yet-to-find potential
  • Maximising potential of existing fields is key to sustaining production into 2020s

Between 12 and 16 oil and gas developments could get the go-ahead this year – unlocking investment of around £5 billion, reveals a key Oil & Gas UK report launched today (Tuesday, March 20).

That’s more than the new oil and gas field approvals sanctioned over the last three years combined and promises a much-needed business boost for the supply chain, reveals the Business Outlook report, which provides the most up-to-date picture of performance and future forecasts for the UK offshore oil and gas industry.

The greenfield and major brownfield developments, set to be approved this year, could yield more than 450 million barrels of oil and gas over time which the trade body says is good news underpinning the production outlook – though still falls short of the level required to sustain long-term production at current levels.

While the project landscape for 2018 is the healthiest the industry has seen since 2013, greater exploration success and maximising the potential within existing assets are essential for the future, says Oil & Gas UK.

“Our sector is leaner, more efficient and more optimistic than it has been in recent years and 2018 looks set to be a better year, “said Deirdre Michie, Chief Executive of Oil & Gas UK.

“What we have learned in our response to the downturn has made us better equipped to tackle the ongoing challenge of maximising production for the longer term and boosting profitability in the supply chain but without increasing overall project costs or damaging competitiveness. Our remarkable resilience owes a great deal to the ingenuity and innovation of our people.

“More projects are taking place and investment is happening because of the sweeping changes made to adapt to the challenging business climate. This has helped make the UKCS one of the most attractive mature basins in the world in which to do business and we will continue to work hard to maintain our competitive advantage.”

Employment is also looking more optimistic following significant job losses since the oil price slump and downturn[1], says the report which underlines that over 300,000 people still work in and support the sector across the UK.

More than half of companies surveyed expect employee numbers to rise this year. But some businesses are also reporting difficulties in recruiting people with certain skills and competencies, prompting a number to make refinements to trainee and apprentice schemes to try to address this.

The report also says:

  • Merger and acquisition activity is expected to continue this year but not on the scale of 2017 where deals exceeded $8 billion.
  • The variety, size and type of M&A deals last year signal confidence in the UKCS.
  • While oil and gas majors have often been sellers in M&A deals, they have kept stakes in assets core to their portfolios and are not seeking to exit the UKCS – which is still seen as a strategically important basin.
  • The supply chain has faced some of its toughest times with revenue falling more than £10 billion from 2014-16 although revenue is expected to stabilise in 2018.
  • Service companies have had to adapt to the harsh business climate by working smarter, restructuring and consolidating.
  • Companies in the best position are those that are: diversifying into other industries, although more than 50% expect a return to their core oil and gas business; exporting into new geographical areas; driving technological and digital innovation and merging, acquiring or setting up alliances.
  • This year the supply chain should benefit from increased operational spend and the largest amount of fresh capital activity in the basin since 2014.
  • Most exploration and production businesses have strengthened over last 12 months with more free cash-flow generated by the basin since 2011.
  • Production efficiency improvements and the addition of new capacity resulted in flat production despite significant unplanned outages last year.
  • Output is expected to grow over next two years before lack of investment during the downturn begins to have an impact with a risk that production reverts into decline.
  • Drilling remains an area of serious concern with less than 100 wells drilled on the UKCS.
  • Recent announcements of exploration successes have come from drilling near existing infrastructure and wildcat drilling in less explored areas.

Deirdre Michie added: “We must recognise that many areas of the supply chain are still struggling with the impact of the downturn and have yet to benefit from any upturn in activity.

“It’s vital that we keep driving fresh thinking, innovative approaches and efficiency efforts. The short-term outlook for our sector is more positive with new projects and new entrants bringing new life to the basin, but there are undoubtedly longer-term challenges.

“We need more exploration if we are to get close to recovering the three to up to nine billion barrels of yet-to-find hydrocarbons on the UKCS, matched by a continuing focus on improving recovery from existing fields. The investment decisions we make today are key to how much we produce in the years to come.

“Oil and gas remain a vital part of the UK economy and will form most of our primary energy needs for many years to come.

“As we move to a lower-carbon economy, the UK needs to meet as much of its domestic demand for oil and gas from indigenous resources as possible. This will ensure security of supply, generate revenue for the Exchequer, support the supply chain and sustain hundreds of thousands of highly-skilled UK jobs. The energy market is changing but we will remain relevant for many decades to come.”

The report was launched at an Oil & Gas UK breakfast briefing sponsored by Deloitte.

ENDS

[1] The UK offshore oil and gas industry supports over 300,000 jobs across the UK, according to Oil & Gas UK’s Economic Report published in September 2017. Peak employment for industry was in 2014 when a total of 463,900 jobs were supported. Both figures cover direct, indirect and induced employment.

Welcoming EY’s UK oil field services report, which shows the sector gearing up for growth but still dependent on industry maintaining its focus on achieving further recovery in 2018, Oil & Gas UK’s chief executive Deirdre Michie, said:

“Companies in the oil field services sector have proved their ability to drive up both operational and capital efficiency making them stronger and more sustainable businesses. The companies that have responded to the challenges of recent years have become more competitive and are well positioned for growth as we see greater optimism return to the industry. Looking ahead, the key priority will be to safely build on current efficiency improvements to ensure the long- term future for the UKCS”.

The report is available here 

Ends

Notes to Editors

Issued by the Communications Team, Oil & Gas UK. Contact Lucy Gordon on 01224 577331 / lgordon@oilandgasuk.co.uk

Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.

 

Deirdre Michie, Chief Executive of Oil & Gas UK, said:

 

“This is great news and an exciting start to the new year.

 

“A global leader like Shell making a commitment on this scale demonstrates the investment potential the UK Continental Shelf still holds. It also shows the importance of the efficiency improvements our industry has delivered which have helped make redevelopment projects like this commercially attractive.

 

“We are hopefully entering a more positive phase for our industry in the UK with new projects on the horizon that I hope will bring a much needed boost for companies in the supply chain.”

  

ENDS

 

Notes to Editors

 

Issued by the Communications Team, Oil & Gas UK. Contact Lucy Gordon on 01224 577331 / [email protected]

Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.

North Sea oil and gas production is up but greenhouse gas emissions in 2016 were down against 2015 performance, according to Oil & Gas UK’s Environment Report launched today (Tuesday 12 December).

Although carbon dioxide (CO2) emissions on the UK Continental Shelf (UKCS) rose by 4 per cent between 2014 and 2016, this was against a background in which production increased by almost 16 per cent.

The decommissioning of platforms with older turbine technology and the introduction of new energy efficient installations has led to the decreased emissions footprint.

The review of industry’s environmental performance during 2016 also shows that the volume discharged to sea of produced water – water that comes to the surface with hydrocarbons during production – is down 6% on the previous year.

Report findings include:

  • Total greenhouse gas emissions from UK operations fell by nearly 1 per cent to 14.6 million tonnes of CO2 – contributing 3 per cent to the UK’s the total emissions: the same level as 2015.
  • Average emissions per unit of production – industry’s carbon intensity – has been declining since 2014.
  • The volume of gas flared and vented has continued to fall since 2014 as newer installations designed to flare less.
  • More produced water was reinjected into the subsurface than ever before to enhance oil recovery and reduce the quantity discharged into the marine environment.
  • Increased production led to a 3 per cent rise in the amount of chemicals discharged that were used during production – proportionally less than the rise in production.
  • Of chemicals discharged to sea under permit, 72 per cent were classified as those that Pose Little Or No Risk -PLONOR.
  • There were 520 accidental releases to sea of oil and chemicals – with a total mass of 370 tonnes.
  • Of these, 287 were accidental oil releases – with a total volume of almost 115 tonnes.
    • this represents less than 0.00014 per cent of total oil production
    • much came from one single high-volume release
  • Most accidental oil releases came from production systems – industry continues to focus on reducing releases through improved maintenance and monitoring, as well as via new technology
  • Almost 258 tonnes of chemicals were accidentally released in 233 incidents in 2016 – 84 per cent were PLONOR.
  • Accidental chemical releases make-up less than 0.1 per cent of the total chemicals used offshore.
  • Waste returned to shore decreased by 22 per cent in 2016 – the lowest in a decade.

Louise O’Hara Murray, Environment Manager with Oil & Gas UK, said: “For the last two years the sector has focused on improving the efficiency of its offshore operations – increasing production while halving unit operating costs despite the challenges of a maturing oil and gas basin.

“Implementing these efficiencies has also brought improvements in environmental performance in several key areas, demonstrating that increasing efficiency can also reduce impact on the environment rather than generating greater risk.

“The UK Continental Shelf is a mature basin where exploration and production is challenging and more energy and chemicals are needed to extract hydrocarbons.  However, we are continuing to manage industry’s emissions and discharges.

“The overall trend captured in our Environment Report shows that discharges, emissions and accidental releases are still trending downwards. While production has gone up, emissions and discharges have not gone up by the same proportion. This shows that we are managing them appropriately.

“The industry takes its responsibility for the environment it works in very seriously and is committed to minimising its impact on the natural environment.”

The Environment Report 2017 – which presents data for 2016 and is the most recent dataset available – can be found here .

ENDS

Notes to Editors:

Louse O’Hara Murray is available for interview. To arrange, contact Communications Manager Jennifer Phillips on 01224 577279 / [email protected].

 

The UK’s offshore oil and gas industry is putting the recommendations of the landmark Wood Review into practice, according to the findings of an annual sector survey published by Deloitte and Oil & Gas UK today.

The Wood Review identified collaboration as a fundamental behaviour towards securing the successful future of the UK Continental Shelf (UKCS). Now the 2017 UKCS Upstream Supply Chain Collaboration Survey – which sought the views of over 150 operators and suppliers across the UK Continental Shelf – has returned a 7.1 Collaboration Index score, the highest score to date. As part of the survey, the Collaboration Index measures the effectiveness of companies as partners in collaboration.

Key Findings:
• The Collaboration Index score has increased to 7.1 in 2017 from 6.6 in 2016 (out of 10)
• 95% of operators and suppliers say collaboration is an integral part of their day-to-day business (86% in 2016 and 74% in 2015)
43% of survey participants considered their collaborative engagements successful in 2017 compared to 27% in 2015

Commenting on the findings, Oil & Gas UK’s Continuous Improvement Manager Dr Mariesha Jaffray said: “The results demonstrate that for most operators and suppliers, collaboration is shifting from being an aspiration to a reality. The third successive improvement to the Collaboration Index score has been achieved despite the prolonged period of flux faced by the offshore oil and gas industry, with many companies still experiencing tough conditions.

“Industry in general has a long-standing record in working together towards shared goals and this survey shows our sector has taken the same approach. It also underlines the importance of Oil & Gas UK’s Efficiency Task Force, which continues to seek out, promote and provide access to efficient and collaborative practice across the sector.”

Graham Hollis, senior partner for Deloitte in Aberdeen said: “In this year’s results, we are starting to see real progress in terms of improved behaviours leading to more successful collaboration outcomes in the UKCS. The messages on the benefits of supply chain collaboration are starting to be embedded.

“Cost reduction is still the main driver of collaboration, but the focus is shifting from transferring risk to sharing knowledge, new ideas and solutions. The results suggest more openness towards business partners and that more companies are taking a closer look at how they can incentivise collaboration better financially. Engaging suppliers earlier in the project lifecycle is also becoming more widespread.”

The report was launched at an Oil & Gas UK breakfast briefing event held in Aberdeen today. Deloitte, who sponsor the event, took part in a panel discussion exploring the results of the report alongside leading figures from Shell UK and the ECITB.

Underlining the value of collaboration to the sector, Dr Mariesha Jaffray concluded: “Through collaboration companies are able to reduce costs, share knowledge and maximise the economic recovery from the basin. We can speak with tentative confidence that these behaviours are the new normal. Provided these results are built upon, we have every reason to believe that the UKCS will become the most attractive mature basin in world with which to do business.”

Graham Hollis concluded: “While the extended period of lower oil prices has been very challenging, it has also given many companies the impetus to take a transformative approach to their own cost structures and ways of working. Many of these companies are now reaping the benefits of more direct relationships with their partners. Companies now need to accelerate the transformation and embed these new ways of working to ensure their future high performance, regardless of oil price.”

ENDS

Notes to Editors:

1. The full report can now be downloaded on Deloitte’s website. Key findings and backgrounds are below for your reference.

Report background
• This is third UKCS Upstream Supply Chain Collaboration Survey, and for the second year running, the Survey is jointly conducted with Oil & Gas UK. The Collaboration Index serves as the main measurement tool of Oil & Gas UK’s Industry Behaviours Charter and provides confidential feedback to companies on its board.
• Oil & Gas UK’s Efficiency Task Force (ETF) launched the Industry Behaviours Charter at the end of 2015. The Charter is a collective commitment to work effectively, efficiently and co-operatively.
The UKCS upstream supply chain collaboration survey consists of three main parts:
o The Collaboration Review covers the level and quality of collaboration across the UKCS and discusses attitudes towards collaboration as well as cost reduction
o the Collaboration Index measures the effectiveness of companies as partners in collaboration. While individual company scores are kept confidential, the aggregated Index scores published here give an indication of how effectively operators and suppliers collaborate
o the Framework for Action provides guiding principles that companies can follow to make collaboration more effective and drive real transformation in supply chain performance.

Key findings
Attitudes
• Attitudes to collaboration continue to improve year on year
• 95% of respondents say collaboration is now part of their day to day business acknowledgement demonstrates the widespread understanding and support for this behaviour

Practical success
• 43% of those surveyed said collaboration efforts were successful compared to 27% in 2015
• Operators reported significant growth in success rates, 68% in 2017 against 51% in 2015

Motivations
• Cost reduction remains the main reason to collaborate (31%) but for the first time sharing knowledge and learning is seen as more important than risk reduction (23% in 2017 against 17% in 2016)
• Collaboration is increasingly at the heart of business strategy – evidencing that cultural change is embedding by shifting from behavioural motivations to process motivations

Decommissioning
• 78% of operators and 82% of suppliers believe there is either a strong or a very strong need to collaborate to improve the economics of decommissioning

Collaboration Index
• The Collaboration Index (CI) score has increased to 7.1 in 2017 from 6.6 in 2016
• This is the third successive annual improvement
• For the first time, operator averages are higher than supply chain averages – the improvement in operators demonstrates momentum is building
• The supply chain index increased to 7.0, showing operators are recognising the efforts that suppliers are making

Industry background
• The Wood Review identified collaboration across the UK’s offshore oil and gas sector as a fundamental behaviour in securing the successful future of the UK Continental Shelf. It placed emphasis on the need for industry’s existing collaborative approach to be extended across all activities – whether it be production efficiency, rig sharing, more effective deployment of new technology or sharing access to key spares.

• The implementation of the Wood Review was embraced by industry and the UK Government, working together with the Oil and Gas Authority to deliver a principal objective to maximise the economic recovery of UK petroleum (MER UK). This objective is now being delivered through the MER UK strategy.

Issued by the Communications Team, Oil & Gas UK. Contact Communications Adviser Natalie Coupar on 01224 577 343 [email protected] and Deloitte PR Manager Will Black 020 7007 82 42 [email protected]
Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.

 

A lawyer with extensive experience of working with the fishing and oil and gas industries today (November 1) takes over the helm of the U.K. Fisheries Offshore Oil and Gas Legacy Trust Fund Limited or FLTC.

Charles Scott, a consultant with Shepherd and Wedderburn, will become part time Executive Chairman, taking over as Executive Chairman from Niall Scott who is retiring from the post after 10 years and will finish his tenure on the Board at the end of this year.

FLTC is a charity established in 2007 by the Scottish Fishermen’s Federation, the National Federation of Fishermen’s Organisations and Oil & Gas UK to improve fishermen’s safety on the UK continental shelf. It is believed to be the first company in the world set up to provide fishermen with information about oil and gas structures in perpetuity.

Commenting on his appointment, Charles Scott, said:

“I look forward to working with FLTC to provide fishermen with comprehensive, up-to-date information on all seabed hazards related to oil and gas activities. For the last 10 years the oil and gas and fishing industries have been working closely together to support the FLTC Group and build an Endowment Fund which will be used to finance Group activities in perpetuity and I am delighted to have the opportunity to help build on what has already been achieved. I would like to thank Niall for his outstanding service and commitment to FLTC”

A number of projects are supported by the FLTC Group including provision of FishSAFE Information, which provides fishing vessels with detailed information about the location of oil and gas related surface and subsea structures in UK waters. Fishing gear can become caught on these structures and providing complete and accurate information about their location is an important factor in improving the safety of fishermen.

Ends

For further information, please contact:

Lucy Gordon, Oil & Gas UK at [email protected] or telephone – 01224 577331

Notes to editors

  • U.K. Fisheries Offshore Oil and Gas Legacy Trust Fund Limited (“FLTC”) was formed in 2007 by Oil & Gas UK, the Scottish Fishermen’s Federation and the National Federation of Fishermen’s Organisations, to enhance the safety of fishermen by ensuring the provision in perpetuity of information relating to oil and gas seabed structures and equipment in UK waters.
  • The Scottish Fishermen’s Federation is the lead representative body for fishermen in Scotland and plays an active role in advancing the interests of Scottish fishermen at national and international levels by lobbying government officials in Edinburgh, London and Brussels.
  • The National Federation of Fishermen’s Organisations is the primary representative body for fishermen in England, Wales and Northern Ireland. Its membership fishes extensively throughout the UKCS and beyond.
  • Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.
  • The data set covered by FishSAFE Information currently includes:
  1. Over 16,000 miles of pipeline
  2. 725 subsea structures
  3. 400 surface structures
  4. 100 square miles of safety zones
  • Charles Scott is a consultant solicitor with Shepherd and Wedderburn and will continue in that capacity after assuming the role of chairman. He was a partner in the Aberdeen law firm Mackinnons from 1979 to 2016 and was Managing Partner from 1988 to 2011 and from 2015 to 2016.

 

A new online business development tool designed to help strengthen and improve the competitiveness of the supply chain is being launched today (November 1) at Oil & Gas UK’s Share Fair, supported by Stork -a Fluor company, at Aberdeen’s Exhibition and Conference Centre.

Ken Cruickshank, Oil & Gas UK’s supply chain manager, said:
“The industry and the Oil and Gas Authority are jointly behind the development of the Supply Chain Hub, which provides companies with a one-stop gateway to initiatives, tools and advice at the touch of a button.

“Our supply chain is essential to maximising economic recovery of up to an estimated 20 billion barrels of oil and gas from the UK Continental Shelf. It supports almost all the industry’s needs including exploration, field development, production and decommissioning but companies dealing with the current downturn need all the help they can get to shift from short-term survival to long-term sustainability.

“Ensuring the resilience of the supply chain is a key priority for Oil & Gas UK which is working on behalf of the industry to ensure it has the resources, support and guidance to deliver greater performance in a marginal business environment.

“This web-based tool gives these companies access to invaluable advice on exporting, sourcing finance, improving efficiency, market intelligence, funding for innovation, networking opportunities and decommissioning information. It is designed to help the supply chain develop and maintain world-class capabilities in a competitive global economy.

“A broad cross-section of stakeholders including government departments, trade associations, innovation organisations and regional development bodies are supporting and contributing to the Supply Chain Hub. All share the goal of ensuring our supply chain remains anchored in the UK so that we can retain and build on the mature basin expertise we have developed in areas including High Pressure/High Temperature (HPHT) and subsea engineering –key qualities that differentiate us from our international competitors.”

Oil & Gas UK’s website hosts the Supply Chain Hub alongside the industry’s Efficiency Hub, which has been designed to help promote smarter ways of doing business on a sector-wide scale by providing a central and interactive resource for sharing good practice materials and tools.

The Supply Chain and Efficiency Hubs form part of the integrated resources available to the supply chain and the wider industry.
ENDS

Notes to Editors:

Issued by the Communications Team, Oil & Gas UK. Contact Communications Manager Jennifer Phillips on 01224 577279 / [email protected] or Lucy Gordon on 01224 577331/lgo[email protected] or Natalie Coupar on 01224 577343/[email protected] .

 

Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.

The Oil & Gas Technology Centre provides a wide range of events and opportunities for the industry to network and more information is available at this link here – https://theogtc.com/events/

The latest market intelligence on a growing sector of the oil and gas industry will be presented at the Offshore Decommissioning Conference 2017, sponsored by Aberdeen Harbour Board, and run jointly by Oil & Gas UK and Decom North Sea. The event takes place from 27-29 November at the Fairmont Hotel, St Andrews.

 

Acknowledged as one of the most extensive decommissioning events in the industry’s calendar, the three-day conference brings together experts in analysing market trends, industry regulation, cost strategies, supply chain capabilities, well plugging and abandonment, technology and business opportunities offered by the sector.

 

Oil & Gas UK’s upstream policy director Michael Tholen said:

 

“The key to helping the UK supply chain seize the opportunities that the emerging decommissioning sector presents is to ensure companies have the most up to date market intelligence. Delegates at the conference will be among the first to hear what our annual Decommissioning Insight report reveals about the market in the UK, Norway, the Netherlands and Denmark.

 

“Decommissioning is gradually taking its place alongside exploration and production as part of the lifecycle on the UKCS.  Experiences companies gain when operating in the UK market will serve them well in the international scene. Our supply chain’s emerging track record of cost efficient and environmentally responsible delivery is building a world-class centre of excellence in the UK.”

 

Decom North Sea chief executive Roger Esson said:

 

“Whilst current market intelligence is critical to the objective of efficient and cost-effective North Sea decommissioning, maximum results will be achieved when that information is considered alongside the industry’s ability to carry out the work required.

 

“The Offshore Decommissioning Conference will see the launch of Decom North Sea’s Supply Chain Capacity and Capability report, which I believe will go on to become a staple of the decommissioning sector. Providing an accurate annual reflection of our capacity to fulfil not only the North Sea, but global decommissioning demand, it will allow the supply chain to plan for future, identify alternative contracting and commercial arrangements and ensure it is ready to optimise the opportunities that arise.”

 

ENDS

 

Notes to Editors:

 

Media is welcome to attend the conference. To arrange, contact Communications Manager Jennifer Phillips on 01224 577279 / [email protected] or Lucy Gordon, Communications Adviser on 01224 577331/ [email protected] .

 

Issued by the Communications Team, Oil & Gas UK. Contact Lucy Gordon, Communications Adviser on 01224 577331 / [email protected]

  1. The Offshore Decommissioning conference 2017, run jointly by Decom North Sea and Oil & Gas UK, will take place from 27 – 29 November at the Fairmont Hotel, St Andrews.
  2. The conference will build upon previous sell-out events and will encompass numerous keynote sessions all focused on the latest decommissioning updates, trends and case studies. Session topics will include:

Regulators and Regulation

The Decommissioning Market

Mid-Late Life and MER

Well P&A Today

Technology

Collaboration in Action

  1. Delegate and accommodation bookings are now open and information is available here .
  2. Further event agenda details will be released shortly.

 

Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.

SMAS (Scottish Manufacturing Advisory Service is a service of Scottish Enterprise that focuses heavily on efficiency with oil and gas companies.

www.scottishmas.co.uk (redirects to here https://www.scottish-enterprise.com/industry-support/manufacturing)

Oil and gas suppliers looking to grow their business are snapping up slots for one-to-one sessions with major purchasers at Oil & Gas UK’s Share Fair event at Aberdeen Exhibition and Conference Centre on November 1.

 

Stephen Marcos Jones, director of business excellence at Oil & Gas UK, said:

 

“The appointments are going fast. Businesses recognise that Share Fair gives them an invaluable opportunity to meet potential clients face-to-face and learn at first hand from the key decision makers what products and services they require for future projects.

 

“Many parts of supply chain are under intense pressure as a result of the current business climate which is why Oil & Gas UK’s Share Fair will be providing more resources than ever to help companies make the shift from short-term survival to long-term sustainability”, he added.

 

20 major operator and contractor companies have opened their appointment books for 15 minute one-to-one slots at the event.  Delegates will also hear presentations from AFW UK Oil & Gas Ltd; Apache North Sea; Bibby Offshore Limited; EnQuest; Nexen Petroleum UK Ltd; Repsol Sinopec Resources UK Limited and Total E&P UK Limited forecast on the services and products they will need for forthcoming projects on the UK Continental Shelf.

 

There will also be live demonstrations of the Efficiency Task Force’s Efficiency Hub – an invaluable online resource for information about smarter ways of doing business and case studies, plus tools to help companies champion change and resilience within their own organisations.

 

Places at the event can be booked here. Exhibitor and sponsorship opportunities are still available – contact [email protected] to arrange.

 

ENDS

 

Notes to Editors:

 

Issued by the Communications Team, Oil & Gas UK. Contact Communications Adviser, Lucy Gordon on 01224 577331 / [email protected].

 

 

Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies

 

Companies providing one -to-one appointments are AGR; Aker Solutions; AFW UK Oil & Gas Ltd; Apache North Sea; Bibby Offshore Limited; BP; Centrica Energy Upstream; Chevron Upstream Europe; ConocoPhillips (U.K) Limited; EnQuest; Halliburton; Maersk Oil North Sea UK Limited; Nexen Petroleum UK Ltd; Petrofac Engineering and Production Services; Repsol Sinopec Resources UK Limited; Shell Upstream International; TAQA Bratani Limited; TechnipFMC; Total E&P UK Limited and Wood.

This section of the website redirects you to our efficiency hub where you can read case studies from Oil & Gas UK members.

Oil & Gas UK produces a wide range of literature relating to different aspects of decommissioning including reports and guidelines.

All are free to employees of Oil & Gas UK member companies while a fee for some is payable by non-members.

 

Decommissioning is one of the biggest technical and operational challenges facing the UKCS. The Oil & Gas Technology Centre’s aim is to identify, co-fund and manage projects that will accelerate technologies to drive down the costs of decommissioning, whilst creating a robust supply chain to service this global demand.

Click here to find out more: https://theogtc.com/solution-centres/decommissioning/

To find out more about decommissioning programmes; including dates, locations, installations decommissioned, method of decommissioning and close-out reports where available, visit the Department for Business, Energy & Industrial Strategy’s website.

 

Follow the link to access the Oil and Gas Authority’s tool created to help construct decommissioning roadmaps.

 

L2P2 is Decom North Sea’s late life planning portal.

 

 

Oil and Gas Authority – OGA -Supply Chain Action Plans

As of January 2018, the Oil and Gas Authority (OGA) is introducing new measures to ensure operators work appropriately with the supply chain and derive maximum value from project activity.

Industry to benefit from simplified standard contract template

Companies focused on improving efficiency when drafting, executing and negotiating commercial contracts stand to benefit from using a new edition of the ‘Standard Contract for General Conditions of Contract for Purchase of Goods’, which is available from LOGIC (Leading Oil & Gas Industry Competitiveness) a not-for-profit organisation and subsidiary of Oil & Gas UK.

 

Graham Elgie, Managing Director of LOGIC, said: “This Standard Contract is one of a suite of 10 templates that LOGIC has developed over many years to simplify transactional processes relating to different areas of offshore oil and gas activity as part of improving the sector’s competitiveness.   These are regularly updated to ensure they are fit for purpose, providing companies with an industry-recognised template and general conditions for working co-operatively towards commercial agreements in a timely and effective manner.

“The industry has a well-established collaborative approach to standardising legal contracts and we are very grateful to the members of the Oil & Gas UK work group who worked with our Legal Issues Forum to help update this Standard Contract. LOGIC’s templates for contract negotiations are valued by legal and industry professionals – with over 25,000 downloads recorded since they were first published online. This helps improve the efficiency of commercial transactions in the basin and supports collective efforts to standardise processes across the sector to ensure it has a competitive environment in which it can thrive.”

LOGIC Standard Contracts are free for Oil & Gas UK members to download and £10 + VAT for non-members.
Ends

Notes to Editors:

Issued by the Communications Team, Oil & Gas UK. Contact Communications Advisor Lucy Gordon on 01224 577331 / [email protected].

Oil & Gas UK response to HSE letter on hydrocarbon releases

In response to a letter issued by the Health and Safety Executive regarding hydrocarbon releases from offshore oil and gas installations, Oil & Gas UK’s chief executive, Deirdre Michie said:

 

“As the HSE recognises in the letter sent to our members, our industry has delivered ‘a substantial and welcome downward trend in the total number of HCRs since 2005’. However, we all know there is never room for complacency.

 

We understand why the HSE wants to highlight areas where industry can further improve and we continue to work closely with them to reduce hydrocarbon releases.

 

The industry is committed to ensuring lessons are learned and good practice is shared, and look forward to using the results of this initiative to progress this important work.”

ENDS

 

Notes to Editors:

Issued by the Communications Team, Oil & Gas UK. Contact Lucy Gordon, Communications Adviser on [email protected] / 01224 577331

Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.

Resilient and reshaping but greater activity needed to fully reboot industry

  • More new investment expected in 2018 than the last 3 years combined
  • 2018 production set to increase 5% making it 20% higher than 5 years ago
  • Unit Operating Costs halved since 2014 and post-tax cash flow highest in 7 years.
  • Supply chain still under pressure but revenues to stabilise in 2018, cash-flow and profitability remain a challenge
  • More exploration needed to realise basin’s yet-to-find potential
  • Maximising potential of existing fields is key to sustaining production into 2020s

Between 12 and 16 oil and gas developments could get the go-ahead this year – unlocking investment of around £5 billion, reveals a key Oil & Gas UK report launched today (Tuesday, March 20).

That’s more than the new oil and gas field approvals sanctioned over the last three years combined and promises a much-needed business boost for the supply chain, reveals the Business Outlook report, which provides the most up-to-date picture of performance and future forecasts for the UK offshore oil and gas industry.

The greenfield and major brownfield developments, set to be approved this year, could yield more than 450 million barrels of oil and gas over time which the trade body says is good news underpinning the production outlook – though still falls short of the level required to sustain long-term production at current levels.

While the project landscape for 2018 is the healthiest the industry has seen since 2013, greater exploration success and maximising the potential within existing assets are essential for the future, says Oil & Gas UK.

“Our sector is leaner, more efficient and more optimistic than it has been in recent years and 2018 looks set to be a better year, “said Deirdre Michie, Chief Executive of Oil & Gas UK.

“What we have learned in our response to the downturn has made us better equipped to tackle the ongoing challenge of maximising production for the longer term and boosting profitability in the supply chain but without increasing overall project costs or damaging competitiveness. Our remarkable resilience owes a great deal to the ingenuity and innovation of our people.

“More projects are taking place and investment is happening because of the sweeping changes made to adapt to the challenging business climate. This has helped make the UKCS one of the most attractive mature basins in the world in which to do business and we will continue to work hard to maintain our competitive advantage.”

Employment is also looking more optimistic following significant job losses since the oil price slump and downturn[1], says the report which underlines that over 300,000 people still work in and support the sector across the UK.

More than half of companies surveyed expect employee numbers to rise this year. But some businesses are also reporting difficulties in recruiting people with certain skills and competencies, prompting a number to make refinements to trainee and apprentice schemes to try to address this.

The report also says:

  • Merger and acquisition activity is expected to continue this year but not on the scale of 2017 where deals exceeded $8 billion.
  • The variety, size and type of M&A deals last year signal confidence in the UKCS.
  • While oil and gas majors have often been sellers in M&A deals, they have kept stakes in assets core to their portfolios and are not seeking to exit the UKCS – which is still seen as a strategically important basin.
  • The supply chain has faced some of its toughest times with revenue falling more than £10 billion from 2014-16 although revenue is expected to stabilise in 2018.
  • Service companies have had to adapt to the harsh business climate by working smarter, restructuring and consolidating.
  • Companies in the best position are those that are: diversifying into other industries, although more than 50% expect a return to their core oil and gas business; exporting into new geographical areas; driving technological and digital innovation and merging, acquiring or setting up alliances.
  • This year the supply chain should benefit from increased operational spend and the largest amount of fresh capital activity in the basin since 2014.
  • Most exploration and production businesses have strengthened over last 12 months with more free cash-flow generated by the basin since 2011.
  • Production efficiency improvements and the addition of new capacity resulted in flat production despite significant unplanned outages last year.
  • Output is expected to grow over next two years before lack of investment during the downturn begins to have an impact with a risk that production reverts into decline.
  • Drilling remains an area of serious concern with less than 100 wells drilled on the UKCS.
  • Recent announcements of exploration successes have come from drilling near existing infrastructure and wildcat drilling in less explored areas.

Deirdre Michie added: “We must recognise that many areas of the supply chain are still struggling with the impact of the downturn and have yet to benefit from any upturn in activity.

“It’s vital that we keep driving fresh thinking, innovative approaches and efficiency efforts. The short-term outlook for our sector is more positive with new projects and new entrants bringing new life to the basin, but there are undoubtedly longer-term challenges.

“We need more exploration if we are to get close to recovering the three to up to nine billion barrels of yet-to-find hydrocarbons on the UKCS, matched by a continuing focus on improving recovery from existing fields. The investment decisions we make today are key to how much we produce in the years to come.

“Oil and gas remain a vital part of the UK economy and will form most of our primary energy needs for many years to come.

“As we move to a lower-carbon economy, the UK needs to meet as much of its domestic demand for oil and gas from indigenous resources as possible. This will ensure security of supply, generate revenue for the Exchequer, support the supply chain and sustain hundreds of thousands of highly-skilled UK jobs. The energy market is changing but we will remain relevant for many decades to come.”

The report was launched at an Oil & Gas UK breakfast briefing sponsored by Deloitte.

ENDS

[1] The UK offshore oil and gas industry supports over 300,000 jobs across the UK, according to Oil & Gas UK’s Economic Report published in September 2017. Peak employment for industry was in 2014 when a total of 463,900 jobs were supported. Both figures cover direct, indirect and induced employment.

EY’s oilfield services sector report welcomed by Oil & Gas UK

Welcoming EY’s UK oil field services report, which shows the sector gearing up for growth but still dependent on industry maintaining its focus on achieving further recovery in 2018, Oil & Gas UK’s chief executive Deirdre Michie, said:

“Companies in the oil field services sector have proved their ability to drive up both operational and capital efficiency making them stronger and more sustainable businesses. The companies that have responded to the challenges of recent years have become more competitive and are well positioned for growth as we see greater optimism return to the industry. Looking ahead, the key priority will be to safely build on current efficiency improvements to ensure the long- term future for the UKCS”.

The report is available here 

Ends

Notes to Editors

Issued by the Communications Team, Oil & Gas UK. Contact Lucy Gordon on 01224 577331 / lgordon@oilandgasuk.co.uk

Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.

 

Penguins redevelopment welcomed by trade body

Deirdre Michie, Chief Executive of Oil & Gas UK, said:

 

“This is great news and an exciting start to the new year.

 

“A global leader like Shell making a commitment on this scale demonstrates the investment potential the UK Continental Shelf still holds. It also shows the importance of the efficiency improvements our industry has delivered which have helped make redevelopment projects like this commercially attractive.

 

“We are hopefully entering a more positive phase for our industry in the UK with new projects on the horizon that I hope will bring a much needed boost for companies in the supply chain.”

  

ENDS

 

Notes to Editors

 

Issued by the Communications Team, Oil & Gas UK. Contact Lucy Gordon on 01224 577331 / [email protected]

Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.

Environmental performance of industry captured in key report

North Sea oil and gas production is up but greenhouse gas emissions in 2016 were down against 2015 performance, according to Oil & Gas UK’s Environment Report launched today (Tuesday 12 December).

Although carbon dioxide (CO2) emissions on the UK Continental Shelf (UKCS) rose by 4 per cent between 2014 and 2016, this was against a background in which production increased by almost 16 per cent.

The decommissioning of platforms with older turbine technology and the introduction of new energy efficient installations has led to the decreased emissions footprint.

The review of industry’s environmental performance during 2016 also shows that the volume discharged to sea of produced water – water that comes to the surface with hydrocarbons during production – is down 6% on the previous year.

Report findings include:

  • Total greenhouse gas emissions from UK operations fell by nearly 1 per cent to 14.6 million tonnes of CO2 – contributing 3 per cent to the UK’s the total emissions: the same level as 2015.
  • Average emissions per unit of production – industry’s carbon intensity – has been declining since 2014.
  • The volume of gas flared and vented has continued to fall since 2014 as newer installations designed to flare less.
  • More produced water was reinjected into the subsurface than ever before to enhance oil recovery and reduce the quantity discharged into the marine environment.
  • Increased production led to a 3 per cent rise in the amount of chemicals discharged that were used during production – proportionally less than the rise in production.
  • Of chemicals discharged to sea under permit, 72 per cent were classified as those that Pose Little Or No Risk -PLONOR.
  • There were 520 accidental releases to sea of oil and chemicals – with a total mass of 370 tonnes.
  • Of these, 287 were accidental oil releases – with a total volume of almost 115 tonnes.
    • this represents less than 0.00014 per cent of total oil production
    • much came from one single high-volume release
  • Most accidental oil releases came from production systems – industry continues to focus on reducing releases through improved maintenance and monitoring, as well as via new technology
  • Almost 258 tonnes of chemicals were accidentally released in 233 incidents in 2016 – 84 per cent were PLONOR.
  • Accidental chemical releases make-up less than 0.1 per cent of the total chemicals used offshore.
  • Waste returned to shore decreased by 22 per cent in 2016 – the lowest in a decade.

Louise O’Hara Murray, Environment Manager with Oil & Gas UK, said: “For the last two years the sector has focused on improving the efficiency of its offshore operations – increasing production while halving unit operating costs despite the challenges of a maturing oil and gas basin.

“Implementing these efficiencies has also brought improvements in environmental performance in several key areas, demonstrating that increasing efficiency can also reduce impact on the environment rather than generating greater risk.

“The UK Continental Shelf is a mature basin where exploration and production is challenging and more energy and chemicals are needed to extract hydrocarbons.  However, we are continuing to manage industry’s emissions and discharges.

“The overall trend captured in our Environment Report shows that discharges, emissions and accidental releases are still trending downwards. While production has gone up, emissions and discharges have not gone up by the same proportion. This shows that we are managing them appropriately.

“The industry takes its responsibility for the environment it works in very seriously and is committed to minimising its impact on the natural environment.”

The Environment Report 2017 – which presents data for 2016 and is the most recent dataset available – can be found here .

ENDS

Notes to Editors:

Louse O’Hara Murray is available for interview. To arrange, contact Communications Manager Jennifer Phillips on 01224 577279 / [email protected].

 

Collaboration becoming new reality as oil and gas industry index returns highest score of 7.1

The UK’s offshore oil and gas industry is putting the recommendations of the landmark Wood Review into practice, according to the findings of an annual sector survey published by Deloitte and Oil & Gas UK today.

The Wood Review identified collaboration as a fundamental behaviour towards securing the successful future of the UK Continental Shelf (UKCS). Now the 2017 UKCS Upstream Supply Chain Collaboration Survey – which sought the views of over 150 operators and suppliers across the UK Continental Shelf – has returned a 7.1 Collaboration Index score, the highest score to date. As part of the survey, the Collaboration Index measures the effectiveness of companies as partners in collaboration.

Key Findings:
• The Collaboration Index score has increased to 7.1 in 2017 from 6.6 in 2016 (out of 10)
• 95% of operators and suppliers say collaboration is an integral part of their day-to-day business (86% in 2016 and 74% in 2015)
43% of survey participants considered their collaborative engagements successful in 2017 compared to 27% in 2015

Commenting on the findings, Oil & Gas UK’s Continuous Improvement Manager Dr Mariesha Jaffray said: “The results demonstrate that for most operators and suppliers, collaboration is shifting from being an aspiration to a reality. The third successive improvement to the Collaboration Index score has been achieved despite the prolonged period of flux faced by the offshore oil and gas industry, with many companies still experiencing tough conditions.

“Industry in general has a long-standing record in working together towards shared goals and this survey shows our sector has taken the same approach. It also underlines the importance of Oil & Gas UK’s Efficiency Task Force, which continues to seek out, promote and provide access to efficient and collaborative practice across the sector.”

Graham Hollis, senior partner for Deloitte in Aberdeen said: “In this year’s results, we are starting to see real progress in terms of improved behaviours leading to more successful collaboration outcomes in the UKCS. The messages on the benefits of supply chain collaboration are starting to be embedded.

“Cost reduction is still the main driver of collaboration, but the focus is shifting from transferring risk to sharing knowledge, new ideas and solutions. The results suggest more openness towards business partners and that more companies are taking a closer look at how they can incentivise collaboration better financially. Engaging suppliers earlier in the project lifecycle is also becoming more widespread.”

The report was launched at an Oil & Gas UK breakfast briefing event held in Aberdeen today. Deloitte, who sponsor the event, took part in a panel discussion exploring the results of the report alongside leading figures from Shell UK and the ECITB.

Underlining the value of collaboration to the sector, Dr Mariesha Jaffray concluded: “Through collaboration companies are able to reduce costs, share knowledge and maximise the economic recovery from the basin. We can speak with tentative confidence that these behaviours are the new normal. Provided these results are built upon, we have every reason to believe that the UKCS will become the most attractive mature basin in world with which to do business.”

Graham Hollis concluded: “While the extended period of lower oil prices has been very challenging, it has also given many companies the impetus to take a transformative approach to their own cost structures and ways of working. Many of these companies are now reaping the benefits of more direct relationships with their partners. Companies now need to accelerate the transformation and embed these new ways of working to ensure their future high performance, regardless of oil price.”

ENDS

Notes to Editors:

1. The full report can now be downloaded on Deloitte’s website. Key findings and backgrounds are below for your reference.

Report background
• This is third UKCS Upstream Supply Chain Collaboration Survey, and for the second year running, the Survey is jointly conducted with Oil & Gas UK. The Collaboration Index serves as the main measurement tool of Oil & Gas UK’s Industry Behaviours Charter and provides confidential feedback to companies on its board.
• Oil & Gas UK’s Efficiency Task Force (ETF) launched the Industry Behaviours Charter at the end of 2015. The Charter is a collective commitment to work effectively, efficiently and co-operatively.
The UKCS upstream supply chain collaboration survey consists of three main parts:
o The Collaboration Review covers the level and quality of collaboration across the UKCS and discusses attitudes towards collaboration as well as cost reduction
o the Collaboration Index measures the effectiveness of companies as partners in collaboration. While individual company scores are kept confidential, the aggregated Index scores published here give an indication of how effectively operators and suppliers collaborate
o the Framework for Action provides guiding principles that companies can follow to make collaboration more effective and drive real transformation in supply chain performance.

Key findings
Attitudes
• Attitudes to collaboration continue to improve year on year
• 95% of respondents say collaboration is now part of their day to day business acknowledgement demonstrates the widespread understanding and support for this behaviour

Practical success
• 43% of those surveyed said collaboration efforts were successful compared to 27% in 2015
• Operators reported significant growth in success rates, 68% in 2017 against 51% in 2015

Motivations
• Cost reduction remains the main reason to collaborate (31%) but for the first time sharing knowledge and learning is seen as more important than risk reduction (23% in 2017 against 17% in 2016)
• Collaboration is increasingly at the heart of business strategy – evidencing that cultural change is embedding by shifting from behavioural motivations to process motivations

Decommissioning
• 78% of operators and 82% of suppliers believe there is either a strong or a very strong need to collaborate to improve the economics of decommissioning

Collaboration Index
• The Collaboration Index (CI) score has increased to 7.1 in 2017 from 6.6 in 2016
• This is the third successive annual improvement
• For the first time, operator averages are higher than supply chain averages – the improvement in operators demonstrates momentum is building
• The supply chain index increased to 7.0, showing operators are recognising the efforts that suppliers are making

Industry background
• The Wood Review identified collaboration across the UK’s offshore oil and gas sector as a fundamental behaviour in securing the successful future of the UK Continental Shelf. It placed emphasis on the need for industry’s existing collaborative approach to be extended across all activities – whether it be production efficiency, rig sharing, more effective deployment of new technology or sharing access to key spares.

• The implementation of the Wood Review was embraced by industry and the UK Government, working together with the Oil and Gas Authority to deliver a principal objective to maximise the economic recovery of UK petroleum (MER UK). This objective is now being delivered through the MER UK strategy.

Issued by the Communications Team, Oil & Gas UK. Contact Communications Adviser Natalie Coupar on 01224 577 343 [email protected] and Deloitte PR Manager Will Black 020 7007 82 42 [email protected]
Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.

 

New executive chairman for joint fishing and offshore safety organisation

A lawyer with extensive experience of working with the fishing and oil and gas industries today (November 1) takes over the helm of the U.K. Fisheries Offshore Oil and Gas Legacy Trust Fund Limited or FLTC.

Charles Scott, a consultant with Shepherd and Wedderburn, will become part time Executive Chairman, taking over as Executive Chairman from Niall Scott who is retiring from the post after 10 years and will finish his tenure on the Board at the end of this year.

FLTC is a charity established in 2007 by the Scottish Fishermen’s Federation, the National Federation of Fishermen’s Organisations and Oil & Gas UK to improve fishermen’s safety on the UK continental shelf. It is believed to be the first company in the world set up to provide fishermen with information about oil and gas structures in perpetuity.

Commenting on his appointment, Charles Scott, said:

“I look forward to working with FLTC to provide fishermen with comprehensive, up-to-date information on all seabed hazards related to oil and gas activities. For the last 10 years the oil and gas and fishing industries have been working closely together to support the FLTC Group and build an Endowment Fund which will be used to finance Group activities in perpetuity and I am delighted to have the opportunity to help build on what has already been achieved. I would like to thank Niall for his outstanding service and commitment to FLTC”

A number of projects are supported by the FLTC Group including provision of FishSAFE Information, which provides fishing vessels with detailed information about the location of oil and gas related surface and subsea structures in UK waters. Fishing gear can become caught on these structures and providing complete and accurate information about their location is an important factor in improving the safety of fishermen.

Ends

For further information, please contact:

Lucy Gordon, Oil & Gas UK at [email protected] or telephone – 01224 577331

Notes to editors

  • U.K. Fisheries Offshore Oil and Gas Legacy Trust Fund Limited (“FLTC”) was formed in 2007 by Oil & Gas UK, the Scottish Fishermen’s Federation and the National Federation of Fishermen’s Organisations, to enhance the safety of fishermen by ensuring the provision in perpetuity of information relating to oil and gas seabed structures and equipment in UK waters.
  • The Scottish Fishermen’s Federation is the lead representative body for fishermen in Scotland and plays an active role in advancing the interests of Scottish fishermen at national and international levels by lobbying government officials in Edinburgh, London and Brussels.
  • The National Federation of Fishermen’s Organisations is the primary representative body for fishermen in England, Wales and Northern Ireland. Its membership fishes extensively throughout the UKCS and beyond.
  • Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.
  • The data set covered by FishSAFE Information currently includes:
  1. Over 16,000 miles of pipeline
  2. 725 subsea structures
  3. 400 surface structures
  4. 100 square miles of safety zones
  • Charles Scott is a consultant solicitor with Shepherd and Wedderburn and will continue in that capacity after assuming the role of chairman. He was a partner in the Aberdeen law firm Mackinnons from 1979 to 2016 and was Managing Partner from 1988 to 2011 and from 2015 to 2016.

 

New information gateway to boost supply chain business development

A new online business development tool designed to help strengthen and improve the competitiveness of the supply chain is being launched today (November 1) at Oil & Gas UK’s Share Fair, supported by Stork -a Fluor company, at Aberdeen’s Exhibition and Conference Centre.

Ken Cruickshank, Oil & Gas UK’s supply chain manager, said:
“The industry and the Oil and Gas Authority are jointly behind the development of the Supply Chain Hub, which provides companies with a one-stop gateway to initiatives, tools and advice at the touch of a button.

“Our supply chain is essential to maximising economic recovery of up to an estimated 20 billion barrels of oil and gas from the UK Continental Shelf. It supports almost all the industry’s needs including exploration, field development, production and decommissioning but companies dealing with the current downturn need all the help they can get to shift from short-term survival to long-term sustainability.

“Ensuring the resilience of the supply chain is a key priority for Oil & Gas UK which is working on behalf of the industry to ensure it has the resources, support and guidance to deliver greater performance in a marginal business environment.

“This web-based tool gives these companies access to invaluable advice on exporting, sourcing finance, improving efficiency, market intelligence, funding for innovation, networking opportunities and decommissioning information. It is designed to help the supply chain develop and maintain world-class capabilities in a competitive global economy.

“A broad cross-section of stakeholders including government departments, trade associations, innovation organisations and regional development bodies are supporting and contributing to the Supply Chain Hub. All share the goal of ensuring our supply chain remains anchored in the UK so that we can retain and build on the mature basin expertise we have developed in areas including High Pressure/High Temperature (HPHT) and subsea engineering –key qualities that differentiate us from our international competitors.”

Oil & Gas UK’s website hosts the Supply Chain Hub alongside the industry’s Efficiency Hub, which has been designed to help promote smarter ways of doing business on a sector-wide scale by providing a central and interactive resource for sharing good practice materials and tools.

The Supply Chain and Efficiency Hubs form part of the integrated resources available to the supply chain and the wider industry.
ENDS

Notes to Editors:

Issued by the Communications Team, Oil & Gas UK. Contact Communications Manager Jennifer Phillips on 01224 577279 / [email protected] or Lucy Gordon on 01224 577331/[email protected] or Natalie Coupar on 01224 577343/[email protected] .

 

Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.

Oil & Gas Technology Centre – OGTC: Events

The Oil & Gas Technology Centre provides a wide range of events and opportunities for the industry to network and more information is available at this link here – https://theogtc.com/events/

New data be released at 2017 offshore decommissioning conference

The latest market intelligence on a growing sector of the oil and gas industry will be presented at the Offshore Decommissioning Conference 2017, sponsored by Aberdeen Harbour Board, and run jointly by Oil & Gas UK and Decom North Sea. The event takes place from 27-29 November at the Fairmont Hotel, St Andrews.

 

Acknowledged as one of the most extensive decommissioning events in the industry’s calendar, the three-day conference brings together experts in analysing market trends, industry regulation, cost strategies, supply chain capabilities, well plugging and abandonment, technology and business opportunities offered by the sector.

 

Oil & Gas UK’s upstream policy director Michael Tholen said:

 

“The key to helping the UK supply chain seize the opportunities that the emerging decommissioning sector presents is to ensure companies have the most up to date market intelligence. Delegates at the conference will be among the first to hear what our annual Decommissioning Insight report reveals about the market in the UK, Norway, the Netherlands and Denmark.

 

“Decommissioning is gradually taking its place alongside exploration and production as part of the lifecycle on the UKCS.  Experiences companies gain when operating in the UK market will serve them well in the international scene. Our supply chain’s emerging track record of cost efficient and environmentally responsible delivery is building a world-class centre of excellence in the UK.”

 

Decom North Sea chief executive Roger Esson said:

 

“Whilst current market intelligence is critical to the objective of efficient and cost-effective North Sea decommissioning, maximum results will be achieved when that information is considered alongside the industry’s ability to carry out the work required.

 

“The Offshore Decommissioning Conference will see the launch of Decom North Sea’s Supply Chain Capacity and Capability report, which I believe will go on to become a staple of the decommissioning sector. Providing an accurate annual reflection of our capacity to fulfil not only the North Sea, but global decommissioning demand, it will allow the supply chain to plan for future, identify alternative contracting and commercial arrangements and ensure it is ready to optimise the opportunities that arise.”

 

ENDS

 

Notes to Editors:

 

Media is welcome to attend the conference. To arrange, contact Communications Manager Jennifer Phillips on 01224 577279 / [email protected] or Lucy Gordon, Communications Adviser on 01224 577331/ [email protected] .

 

Issued by the Communications Team, Oil & Gas UK. Contact Lucy Gordon, Communications Adviser on 01224 577331 / [email protected]

  1. The Offshore Decommissioning conference 2017, run jointly by Decom North Sea and Oil & Gas UK, will take place from 27 – 29 November at the Fairmont Hotel, St Andrews.
  2. The conference will build upon previous sell-out events and will encompass numerous keynote sessions all focused on the latest decommissioning updates, trends and case studies. Session topics will include:

Regulators and Regulation

The Decommissioning Market

Mid-Late Life and MER

Well P&A Today

Technology

Collaboration in Action

  1. Delegate and accommodation bookings are now open and information is available here .
  2. Further event agenda details will be released shortly.

 

Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.

Scottish Manufacturing Advisory Service – SMAS

SMAS (Scottish Manufacturing Advisory Service is a service of Scottish Enterprise that focuses heavily on efficiency with oil and gas companies.

www.scottishmas.co.uk (redirects to here https://www.scottish-enterprise.com/industry-support/manufacturing)

One-to-one appointments at oil and gas Share Fair filling up fast

Oil and gas suppliers looking to grow their business are snapping up slots for one-to-one sessions with major purchasers at Oil & Gas UK’s Share Fair event at Aberdeen Exhibition and Conference Centre on November 1.

 

Stephen Marcos Jones, director of business excellence at Oil & Gas UK, said:

 

“The appointments are going fast. Businesses recognise that Share Fair gives them an invaluable opportunity to meet potential clients face-to-face and learn at first hand from the key decision makers what products and services they require for future projects.

 

“Many parts of supply chain are under intense pressure as a result of the current business climate which is why Oil & Gas UK’s Share Fair will be providing more resources than ever to help companies make the shift from short-term survival to long-term sustainability”, he added.

 

20 major operator and contractor companies have opened their appointment books for 15 minute one-to-one slots at the event.  Delegates will also hear presentations from AFW UK Oil & Gas Ltd; Apache North Sea; Bibby Offshore Limited; EnQuest; Nexen Petroleum UK Ltd; Repsol Sinopec Resources UK Limited and Total E&P UK Limited forecast on the services and products they will need for forthcoming projects on the UK Continental Shelf.

 

There will also be live demonstrations of the Efficiency Task Force’s Efficiency Hub – an invaluable online resource for information about smarter ways of doing business and case studies, plus tools to help companies champion change and resilience within their own organisations.

 

Places at the event can be booked here. Exhibitor and sponsorship opportunities are still available – contact [email protected] to arrange.

 

ENDS

 

Notes to Editors:

 

Issued by the Communications Team, Oil & Gas UK. Contact Communications Adviser, Lucy Gordon on 01224 577331 / [email protected].

 

 

Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies

 

Companies providing one -to-one appointments are AGR; Aker Solutions; AFW UK Oil & Gas Ltd; Apache North Sea; Bibby Offshore Limited; BP; Centrica Energy Upstream; Chevron Upstream Europe; ConocoPhillips (U.K) Limited; EnQuest; Halliburton; Maersk Oil North Sea UK Limited; Nexen Petroleum UK Ltd; Petrofac Engineering and Production Services; Repsol Sinopec Resources UK Limited; Shell Upstream International; TAQA Bratani Limited; TechnipFMC; Total E&P UK Limited and Wood.

Oil & Gas UK -industry case studies

This section of the website redirects you to our efficiency hub where you can read case studies from Oil & Gas UK members.

Oil & Gas UK: Decommissioning information

Oil & Gas UK produces a wide range of literature relating to different aspects of decommissioning including reports and guidelines.

All are free to employees of Oil & Gas UK member companies while a fee for some is payable by non-members.

 

Oil & Gas Technology Centre – OGTC: Decommissioning Solution Centre

Decommissioning is one of the biggest technical and operational challenges facing the UKCS. The Oil & Gas Technology Centre’s aim is to identify, co-fund and manage projects that will accelerate technologies to drive down the costs of decommissioning, whilst creating a robust supply chain to service this global demand.

Click here to find out more: https://theogtc.com/solution-centres/decommissioning/

Department for Business, Energy & Industrial Strategy – BEIS: Decommissioning programmes

To find out more about decommissioning programmes; including dates, locations, installations decommissioned, method of decommissioning and close-out reports where available, visit the Department for Business, Energy & Industrial Strategy’s website.

 

Oil and Gas Authority – OGA: Decommissioning Roadmap

Follow the link to access the Oil and Gas Authority’s tool created to help construct decommissioning roadmaps.

 

Decom North Sea: Late-Life Planning Portal – L2P2

L2P2 is Decom North Sea’s late life planning portal.