News

March 20, 2019

New reality could unlock £200bn of future business opportunities

A sustained focus on cost and efficiencies with ongoing uncertainty in commodity markets marks the “new reality” for the UK’s offshore oil and gas sector, according to a flagship report into industry performance published today (Wednesday 20 March). Oil & Gas UK’s (OGUK) Business Outlook 2019 finds continued uncertainty in commodity markets [...]

By Lucy Gordon Mar 20, 2019

March 13, 2019

UK offshore industry welcomes Spring Statement

The leading representative body for the UK’s offshore oil and gas industry has welcomed the Chancellor’s Spring Statement today. Independent OBR figures published today demonstrate that the industry will contribute £8.5 billion in direct taxes to the Exchequer over the next five years and will continue to provide around half the nation’s oil [...]

By Lucy Gordon Mar 13, 2019

March 11, 2019

Oil & Gas UK’s response to OGA’s forecast that UK oil and gas production has risen

In response to the “Projections of UK Oil and Gas Production and Expenditure Report” published today by the Oil and Gas Authority, which says oil and gas production in the UK increased by more than 4% in 2018, Oil & Gas UK's (OGUK) Upstream Policy Director, Mike Tholen said: “This demonstrates that the approaches and strategies [...]

By Lucy Gordon Mar 11, 2019

March 8, 2019

IWD 2019: OGUK announces key network to drive industry diversity

The leading representative body for the UK’s offshore oil and gas industry has today (Friday, March 8) announced plans to ramp up efforts to maintain and encourage a diverse and inclusive workforce as it marks International Women’s Day. OGUK will launch an industry network to highlight efforts to encourage diversity and inclusion, and identify [...]

By Natalie Coupar Mar 8, 2019

March 5, 2019

OGUK manager to champion UK diversity efforts on international stage

Aberdeen,Friday 2nd November 2018Pictured is ''The Oil Industry's Best Kep Secret'' Event at Spirit Energy, AberdeenPicture by Euan Duff / Abermedia A leading advocate for diversity and inclusion in the offshore oil and gas industry will give a keynote speech on UK efforts at a prestigious international drilling conference later this week. Katy [...]

By Lucy Gordon Mar 5, 2019

February 28, 2019

High-profile speakers to take centre stage at dual industry report launch

High-profile industry figures – including new UK North Sea entrants and prominent voices within the supply chain – are to top the bill at simultaneous breakfast briefings in London and Aberdeen at the launch of a key industry report next month. Phil Kirk, Chief Executive Officer of Chrysaor, and Romain Chambault, European Director of Oilfield [...]

By Dionne Abolghassem Feb 28, 2019

February 27, 2019

Forties Pipeline System investment is vote of confidence in North Sea future

The leading representative body for the UK’s offshore oil and gas industry has today welcomed news INEOS is to invest £500m in the Forties Pipeline System as a vote of confidence in the future potential of the industry. INEOS said today that the investment will transform the asset and extend the life of the pipeline by at least twenty years. Commenting, [...]

By Lucy Gordon Feb 27, 2019

February 25, 2019

RockRose Energy’s multi-million pound acquisition of Marathon Oil UK welcomed

Oil & Gas UK today (Monday, February 25) welcomed the news that that RockRose Energy has acquired Marathon Oil’s UK business in a £107million deal. The sale gives RockRose 37-40 per cent operated interests in the Greater Brae Area, a 28 per cent stake in the BP-operated Foinaven field, and 47 per cent of Foinaven East, with output from the [...]

By Dionne Abolghassem Feb 25, 2019

February 25, 2019

Global transparency initiative confirms UK oil & gas industry net contributor to UK economy

Oil & Gas UK has today welcomed the publication of the 2017 reconciliation report of the UK Extractive Industries Transparency Initiative (EITI), which confirmed the quality and integrity of the industry’s contribution to the UK economy. EITI is a voluntary global standard, which promotes open and accountable management of natural resources [...]

By Lucy Gordon Feb 25, 2019

February 5, 2019

Oil & Gas UK presents ‘Energy of the Future’, a collaboration with ITN Productions

LAUNCHING SEPTEMBER 2019 In a unique communications partnership, Oil & Gas UK and ITN Productions are producing a news and current affairs-style programme exploring the importance and value of the oil and gas industry in the UK. From super majors to large contractor businesses and from independent oil companies to SMEs working in the supply [...]

By Lucy Buglass Feb 5, 2019

February 4, 2019

Inquiry findings on oil and gas future confirm value of sector

Commenting on the findings of the Scottish Affairs Committee inquiry into the future of oil and gas, OGUK Chief Executive Deirdre Michie said: “This was a considered inquiry into the future of the UK’s offshore oil and gas industry and we welcome the rounded support provided by the Scottish Affairs Committee in its final report today. It confirms [...]

By Natalie Coupar Feb 4, 2019

January 29, 2019

Oil & Gas UK welcomes Glengorm discovery as a major find

Commenting on CNOOC’s announcement regarding a new gas discovery on the Glengorm prospect, Oil & Gas UK’s market intelligence manager, Ross Dornan, said: “This is a major find and a great example of partner companies, CNOOC International, Total E&P and Edison working together to explore and unlock the potential of the UK Continental [...]

By Lucy Gordon Jan 29, 2019

January 22, 2019

Report notes significant increase in industry confidence

Commenting on the DNV GL Industry Outlook report released today (Tuesday, January 22), which states that confidence in the outlook of the UK oil and gas sector has risen significantly over the last two years, Ross Dornan, Oil & Gas UK’s Market Intelligence Manager, said: “This report builds on our analysis showing the positive future ahead [...]

By Dionne Abolghassem Jan 22, 2019

January 21, 2019

Brexit and the UK oil and gas industry

Brexit and the UK oil and gas industry Oil & Gas UK provides evidence-based insights on behalf of our members to a range of stakeholders that includes both the Westminster and Holyrood governments and parliaments, the media and internationally. Through our research, and soundings taken of our membership, we know that the top priorities for the [...]

By Jennifer Phillips Jan 21, 2019

January 17, 2019

Offshore survival suit revamp is excellent showcase of pioneering industry

Mhairi Begg, OGIC project manager, Simon Lamont, founder of Iron Ocean, and David Bucknall from Heriot Watt University, pictured with the Centurion 3 offshore survival garments. Oil & Gas UK has said the latest development in offshore survival technology from the Oil & Gas Innovation Centre (OGIC) is an excellent showcase of a pioneering [...]

By Dionne Abolghassem Jan 17, 2019

January 16, 2019

Statement on Brexit

Oil & Gas UK Chief Executive Deirdre Michie said: “A deal outcome is in the best interests of this industry, which is critical for security of energy supply and supports hundreds of thousands of skilled jobs right across the UK. “We will continue to work with all parties and governments to inform the debate and encourage a constructive [...]

By Lucy Gordon Jan 16, 2019

January 11, 2019

Launch of National Decommissioning Centre welcomed by Oil & Gas UK

The National Decommissioning Centre (NDC), a global technology R&D hub, was opened today by Lord Duncan, UK Government Minister for Scotland and Paul Wheelhouse MSP, Scottish Energy Minister in Newburgh in Aberdeenshire. Oil & Gas UK’s chief executive, Deirdre Michie, said: “The launch of the National Decommissioning Centre makes clear [...]

By Lucy Gordon Jan 11, 2019

January 8, 2019

Oil & Gas UK responds to Wood Mackenzie upstream 2019 report

Report signals fresh investment for the UKCS in 2019 Commenting on the WoodMac report released today (Tuesday, January 8), which highlights five themes for the industry in 2019, including North Sea exploration and project investment, Mike Tholen, Oil & Gas UK’s Upstream Policy Director, said: “This report builds on our [...]

By Lucy Gordon Jan 8, 2019

December 20, 2018

OGUK to shine spotlight on industry future at 2019 conference

The crucial role of Vision 2035 in driving the continued competitiveness of the North Sea will come under the spotlight at Oil & Gas UK’s (OGUK) 2019 Industry Conference. The leading representative body for the UK’s offshore oil and gas industry today revealed the conference theme, “Industry in Transition', for the flagship event held at [...]

By Lucy Buglass Dec 20, 2018

December 18, 2018

Industry demonstrates cost leadership in developing first offshore decommissioning standard contract

Oil & Gas UK’s subsidiary LOGIC (Leading Oil & Gas Industry Competitiveness), publishes a new standard contract today (18 December) aimed at helping companies committed to delivering offshore decommissioning excellence. The standardisation of legal contracts, spearheaded by LOGIC in partnership with industry, improves the efficiency [...]

By Lucy Gordon Dec 18, 2018

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March 20, 2019

Hurricane confirms FPSO hook-up at Lancaster field

Hurricane Energy has announced that, as of 19 March, the Aoka Mizu FPSO has successfully hooked up to the turret mooring system buoy at the Lancaster field. The vessel is now on station and securely moored. Work to achieve first oil continues, following which a further announcement will be made. After first oil, Hurricane anticipates a gradual ramp [...]

By Andrew Dykes Mar 20, 2019

March 19, 2019

Businesses join forces to create Dundee decommissioning hub

A new alliance of businesses focused on the North Sea oil and gas decommissioning sector has been formed and launched in Dundee. Named Forth and Tay Decommissioning (F&TD), the group has been created with a shared vision to position the region as the UK hub for North Sea decommissioning work. Members include ABB, Augean North Sea Services, COES [...]

By Andrew Dykes Mar 19, 2019

March 19, 2019

Siccar Point spuds Blackrock exploration well

Siccar Point Energy has commenced its 2019 drilling campaign with the spudding of an exploration well at the Blackrock prospect. The campaign, using Diamond Offshore’s Ocean GreatWhite semi-submersible rig, is expected to take around five months and also includes the Lyon exploration prospect north of Shetland. Located 140 km north-west of Shetland, [...]

By Andrew Dykes Mar 19, 2019

March 18, 2019

Interventek success prompts new staff and facilities

Subsea oil and gas engineering firm Interventek has invested in the region of £750,000 to support business growth in 2019 and beyond, via a workshop expansion and the appointment of new staff. The company’s workshop has been expanded to create a 5,000 square foot technology development and test centre. Among other facilities, the new space includes [...]

By Andrew Dykes Mar 18, 2019

March 15, 2019

Exceed wins contract offshore Guinea-Bissau

Aberdeen-headquartered well management specialist Exceed has secured its first contract offshore Guinea-Bissau, delivering well project management services to Svenska Petroleum Exploration for the country’s first deepwater exploration well. Under the $4 million contract Exceed’s workscope will include all front-end engineering planning, service [...]

By Andrew Dykes Mar 15, 2019

March 14, 2019

Petrofac awarded $1 billion EPC project in Algeria

Petrofac has been awarded a contract worth around $1 billion with Groupment Isarene, the joint operating group set up by Sonatrach, Petroceltic and Enel, for the Ain Tsila Development Project in Algeria. Located around 1,100 km south-east of Algiers, the Ain Tsila field will produce gas, LPG and condensate for the local Algerian market and for export. [...]

By Andrew Dykes Mar 14, 2019

March 13, 2019

Ten more start-ups join OGTC TechX programme

Ten new start-ups have secured a place on the Oil & Gas Technology Centre (OGTC) TechX Pioneer Accelerator Programme. The intake includes companies developing autonomous underwater swarm robots and micro-polymers designed to reinstate well integrity, among other innovations aimed at maximising economic recovery and supporting the energy transition. Each [...]

By Andrew Dykes Mar 13, 2019

March 11, 2019

Awilco appoints new CEO, orders new semi-sub

Awilco Drilling has announced the appointment of Jens Berge as company CEO. Mr Berge will succeed Jon Oliver Bryce in the position by early June 2019. Awilco also declared its option with the Keppel FELS shipyard in Singapore for the building of one new CS60 ECO MW semi-submersible drilling rig. Designed for use in harsh environments, the rig will [...]

By Andrew Dykes Mar 11, 2019

March 8, 2019

ABB and BP celebrate global MEC frame agreement

BP has appointed ABB as one of its global main electrical contractors (MEC) for the provision of engineering, procurement and construction of electrical equipment for BP Upstream Major Capital Projects. The new five-year frame agreement reflects a strategic collaboration between the two companies, with ABB committed to delivering innovation, substantial [...]

By Andrew Dykes Mar 8, 2019

March 8, 2019

DEKRA develops new services for Turkish market

DEKRA Organizational Reliability, a consultancy with expertise and services in the fields of safety and behavioural change, has confirmed its commitment to a developing Turkish market via the launch of several new services, each designed to create and embed an organisational culture of care. This includes the SafeMindSafeBody programme, which raises [...]

By Andrew Dykes Mar 8, 2019

March 7, 2019

Sparrows Group taking on board more apprentices

Sparrows Group has invested in employing six new apprentices from the Aberdeen area, bringing its current number of apprentices to 27. As part of the modern apprentice scheme, the individuals will gain practical work experience in addition to studying towards a Higher National Certificate (HNC) and SVQ level three in their chosen discipline within [...]

By Halima Hassan Mar 7, 2019

March 7, 2019

BP and Enpro Subsea announce Global Frame Agreement

Enpro Subsea has signed a Global Frame Agreement with BP, aimed at providing enhanced subsea architecture and standardisation using Enpro’s patented Flow Access Module (FAM) technology. FAM technology has been supplied to BP for the Kepler K3 project in the Gulf of Mexico, enabling project-specific technologies to be added to standard subsea trees [...]

By Andrew Dykes Mar 7, 2019

March 5, 2019

Anasuria books Stena Spey for Guillemot sidetrack

Anasuria Operating Company (AOC) has booked the Stena Spey semi-submersible rig to execute the Guillemot A GUA‐P1 side‐track well – a planned production enhancement project at the Anasuria Cluster concession. AOC has signed a rig-sharing agreement which will see the Stena Spey secured for a minimum of 45 days. Drilling is expected to commence [...]

By Andrew Dykes Mar 5, 2019

March 4, 2019

Xodus appoint first Well Decommissioning Manager

International energy consultancy Xodus Group has expanded its decommissioning offering with the appointment of its first well decommissioning manager, Gavin Bell. Bell, a chartered mechanical engineer with more than 25 years’ experience in the international oil and gas industry, will be responsible for developing and delivering Xodus’ new well [...]

By Halima Hassan Mar 4, 2019

March 4, 2019

OPEX Group hire new Senior Vice President

OPEX Group, an Aberdeen-based provider of predictive analysis services, welcome Roy Buchan, a leading figure in the oil and gas industry, as Senior Vice-President. Buchan, who also joins the company’s Board of Directors, will help to shape the future direction and growth of the company, ensuring the firm’s services support customer needs. Read [...]

By Halima Hassan Mar 4, 2019

March 4, 2019

DEKRA aids health and safety compliance with ISO 45001 FAQ

ISO 45001 is the new ISO standard for occupational health and safety (OH&S), and the first to cover health and safety at work. It is set to significantly improve levels of workplace safety worldwide, but organisations will need to update their current thinking and revise work practices in order to maintain compliance. Global safety and business [...]

By Andrew Dykes Mar 4, 2019

February 27, 2019

Subsea 7 wins contract for BP North Sea assets

Subsea 7 has been awarded a contract by BP Exploration for the provision of subsea construction, inspection, repair and maintenance services for its west of Shetland and northern North Sea assets. Under the terms of the five-year agreement, i-Tech Services will provide a life-of-field support vessel, complete with work-class and observation-class [...]

By Andrew Dykes Feb 27, 2019

February 27, 2019

INEOS to invest £1 billion in UK projects

INEOS is to invest £1 billion in multiple projects across the UK, designed to ensure its British assets stay world class for a generation. The company will commit £500 million to overhaul the Forties Pipeline System (FPS), prolonging the life of the North Sea’s main oil and gas artery into the 2040s. This will include modernising environmental [...]

By Andrew Dykes Feb 27, 2019

February 26, 2019

Emerson offers first wireless radar transmitter to comply with API 18.2

Emerson has introduced a high-performance version of its Rosemount 3308 Guided Wave Radar (GWR) wireless level transmitter – the first standalone wireless radar level device to comply with the API 18.2 standard for crude oil custody transfer from small tanks. The transmitter – part of Emerson’s Plantweb portfolio – offers increased accuracy [...]

By Andrew Dykes Feb 26, 2019

February 25, 2019

RockRose Energy acquires Marathon assets

Independent oil and gas producer RockRose Energy has signed a share purchase agreement (SPA) to acquire 100% of Marathon Oil Corporation’s UK and West of Shetland subsidiaries, for around US$140 million. The UK business holds 37%-40% operated interests in fields in the Greater Brae Area, while West of Shetland holds a 28% interest in the BP-operated [...]

By Andrew Dykes Feb 25, 2019

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