News

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

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

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

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

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

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

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

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

Leading supply chain voice to join OGUK board

Oil and Gas UK has appointed a new member to its board to further bolster the industry body’s ongoing efforts to maximise economic recovery from the North Sea and reaffirm strong competitive conditions. Sian Lloyd Rees, UK country manager and SVP of customer management at Aker Solutions, has been appointed to represent the services sector as the [...]

By Dionne Abolghassem Dec 13, 2018

Trust, technology and transformation key to re-energising oil & gas collaboration

The oil and gas industry’s drive to increase collaboration between suppliers and operators in the UK Continental Shelf (UKCS) has continued to maintain a consistent performance. This is according to an annual survey published today by Oil & Gas UK and Deloitte which includes the Collaboration Index, measuring the effectiveness of companies as [...]

By Dionne Abolghassem Dec 12, 2018

Industry takes stock of collaboration efforts to drive Vision 2035

Around 80 people attended a key industry event on Friday, December 7 where collaborative success stories between operators and the supply chain were showcased as part of a shared ambition to add a generation of productive life to the UK Continental Shelf. Oil & Gas UK’s Efficiency Task Force (ETF) hosted the joint event with Shell U.K Limited [...]

By Lucy Gordon Dec 11, 2018

Blog: The implications of evolving transportation and mobility on the oil and gas industry

Justine Bornstein, Senior Manager, Insights, Deloitte provides her perspectives on the implications of evolving transportation and mobility on the oil and gas industry. The way we consume energy is changing. As this transition gathers pace, it will affect more and more industries and aspects of everyday life. One of the sectors likely to undergo [...]

By Lucy Buglass Dec 7, 2018

Environmental performance of industry captured in key report

A new report which provides an update on the environmental landscape of the UK offshore oil and gas industry to the end of 2017 has been published by Oil & Gas UK today (6 December). The 2018 Environment Report, which analyses and interprets data gathered and monitored by the Offshore Petroleum Regulator for Environment and Decommissioning (OPRED), [...]

By Dionne Abolghassem Dec 6, 2018

First oil on Garten shows agility of competitive UKCS

The leading representative body for the UK’s offshore oil and gas industry has hailed news that Apache Corporation has reached first oil in just eight months from its Garten field as remarkable. Commenting, Oil & Gas UK Upstream Policy Director Mike Tholen said: “To have delivered a project from discovery to first oil in just eight months [...]

By Dionne Abolghassem Dec 5, 2018

Latest industry collaboration efforts to be unveiled at key event

  The results of a survey studying collaboration across the UK’s oil and gas industry in efforts to unlock efficiencies will be published this month – crucial to extending the life of the basin and achieving Vision 2035. Jointly led by Oil & Gas UK and Deloitte, the Supply Chain Collaboration Survey explores the motives and effectiveness [...]

By Dionne Abolghassem Dec 5, 2018

Report unveils industry’s key role in future energy mix

  The UK oil and gas industry’s rich history of innovation will be critical to efforts to build a lower carbon economy, a new report will reveal today. The Energy Transition Outlook report, published by leading industry body Oil & Gas UK, will consider the issues and opportunities for the offshore oil and gas sector from the changing [...]

By Lucy Buglass Dec 4, 2018

Key report signals positive industry mood but highlights need for continued investment

Oil & Gas UK has said it is encouraged by the latest Oil and Gas Survey issued by Aberdeen and Grampian Chamber of Commerce today, which reveals industry recruitment is on the rise as 33 per cent of firms look to increase their UK workforce by 10 per cent or more in 2019. The leading representative body for the sector highlighted the need for [...]

By Dionne Abolghassem Nov 28, 2018

Industry stands ready to support carbon capture

The leading representative body for the UK’s offshore oil and gas industry has championed its skills and capabilities in response to a highly anticipated report from the UK Government outlining its plans to support carbon capture usage and storage. Energy Minister Claire Perry today published an action plan to deliver the UK’s first carbon capture [...]

By Dionne Abolghassem Nov 28, 2018

Growing expertise and cost leadership help deliver stabilisation in decommissioning market

Oil & Gas UK’s 2018 Decommissioning Insight Report, which provides a fresh insight of the market over the next ten years (2018–27), reveals that decommissioning expenditure is expected to run at about £1.5 billion per annum over the next decade, 20 per cent lower than forecast in 2017. The report shows: The UK is expected to spend £15.3 [...]

By Natalie Coupar Nov 27, 2018

Azinor Catalyst well success promising proof of industry approach

Oil & Gas UK has praised news that Azinor Catalyst has struck oil at Agar-Plantain as promising proof of industry’s competitive approach to exploration activity. The discovery, located in the Viking Graben area in the Northern North Sea, contains 15-50 million barrels of recoverable resources. Six exploration wells have been spudded so far [...]

By Natalie Coupar Nov 15, 2018

DNV GL survey finds uptick in UK sector confidence

New research from DNV GL suggests that the UK oil and gas sector’s resilience to volatile market conditions will be put to the test in 2019, as business leaders expect the industry to commit to greater investment to meet hydrocarbon demand. According to 'A test of resilience,' DNV GL’s ninth annual report on the outlook for the industry, confidence [...]

By Andrew Dykes Jan 22, 2019

Peterson wins new contract with Repsol Sinopec

Logistics provider Peterson has been awarded a new long-term integrated logistics contract to service Repsol Sinopec Resources UK. The contract sees Repsol Sinopec transitioning its marine and quayside operations from Peterhead to Aberdeen, with integrated supply base, logistics, transport and warehousing operations being provided from Peterson’s [...]

By Andrew Dykes Jan 21, 2019

Emerson launches automation training platform

Emerson has introduced the Performance Learning Platform – a portable and compact automation training solution that enables hands-on training to prepare workers to maintain plant safely and efficiently. The Platform features a complete working control loop piping system, tanks, pumps and a fully scalable suite of Emerson instrumentation and final [...]

By Andrew Dykes Jan 18, 2019

READ Cased Hole signs agreement with Advanced Logic Technology

READ Cased Hole has signed an exclusive agreement with Advanced Logic Technology (ALT) to develop and bring to market the company’s ABI-43 acoustic borehole imaging technology. ABI-43 has delivered improved productivity and data integrity in many mining applications, and READ will now develop the solution for the oil and gas market. Over the coming [...]

By Andrew Dykes Jan 17, 2019

Attollo launches Aberdeen Innovation Incubator

Marine operator Attollo Offshore has announced the launch of an Aberdeen-based Innovation Incubator – a dedicated team comprised of operational and academic expertise aimed at accelerating the digital transformation of offshore operations. The Incubator reflects the company’s strategy of continued research and development into improving offshore [...]

By Andrew Dykes Jan 15, 2019

Augean wins major decommissioning contract with Shell

Augean North Sea Services (ANSS) has secured a major decommissioning contract with Shell to provide industrial cleaning, NORM decontamination and waste management services for the Curlew FPSO. Completion of these services will enable final dismantling, recycling and disposal of the vessel to take place, ensuring environmental compliance. Curlew will [...]

By Andrew Dykes Jan 14, 2019

Equinor completes acquisition of Rosebank project

Equinor has completed the acquisition of Chevron’s 40% operated interest in the Rosebank project, west of Shetland. The terms of the deal were not disclosed. First announced in October 2018, the acquisition of Rosebank strengthens Equinor’s UK upstream portfolio, which also includes the Mariner development – expected to start commercial production [...]

By Andrew Dykes Jan 11, 2019

Tendeka secures AICD contract in Middle East

Global completions service company Tendeka has secured a multi-million-pound contract with a major national oil company in the Middle East. The agreement will see the Aberdeen-headquartered company provide reservoir modelling and the installation of its FloSure Autonomous Inflow Control Devices (AICDs) to boost production and improve reservoir performance [...]

By Andrew Dykes Jan 10, 2019

ONE, Dyas agree upstream merger

Oranje-Nassau Energie (ONE) and SHV Holdings have reached an agreement on the merger of their upstream energy businesses, forming a combined entity called ONE-Dyas. ONE-Dyas will be a prominent, North Sea-focused independent operator, the companies said, with 2019 gas and oil production of some 35,000 boe per day. ONE’s parent company, ONH, will [...]

By Andrew Dykes Jan 8, 2019

Kishorn Port secures first major contract

Kishorn Port Ltd (KPL) has landed its first major contract and will now host the largest semi-submersible offshore drilling rig in the world – the Ocean GreatWhite – in early 2019. Owned by drilling contractor Diamond Offshore, the 60,800-tonne vessel requires deep water for anchoring, with Loch Kishorn providing ideal sheltered conditions. During [...]

By Andrew Dykes Jan 7, 2019

Prosafe awarded two North Sea contracts worth £18.1million

Prosafe have been awarded two North Sea contracts worth over £18 million; however, Prosafe have not disclosed who the contracts are with. The Regalia accommodation vessel has been commissioned for a 60-day period from June next year, while the Safe Caledonia has secured an 80-day contract for June 2020. Prosafe said the Regalia will be “reactivated” [...]

By Halima Hassan Jan 3, 2019

Eni UK Limited begin drilling in the Central North Sea

Serica Energy plc has announced that their partner Eni UK Limited has begun drilling the Rowallan exploration well in the Central North Sea. The well is designed to go through sandstones at the Middle Jurassic and Triassic levels. It is estimated that Serica’s net Rowallan prospective resources will be 20-60 million barrels of oil equivalent within [...]

By Halima Hassan Jan 2, 2019

TWMA secures contract with Neptune Energy

Specialist drilling waste management company TWMA has secured a seven-figure contract with independent E&P company, Neptune Energy. The three-year contract, which comes with the option of a two-year extension, will include skip and ship and solids control to manage and process drill cuttings. The scope of work will also include the provision [...]

By Andrew Dykes Dec 20, 2018

Return To Scene VPS project secures OGTC backing

Aberdeen-based Return To Scene (R2S), part of James Fisher and Sons plc, has secured a significant funding award from the Oil & Gas Technology Centre (OGTC) to kickstart development of its visual positioning system, R2S VPS. R2S VPS technology will allow people and machines to identify their location on complex offshore assets via data captured [...]

By Andrew Dykes Dec 18, 2018

Tendeka launches new technologies to boost oil recovery

Aberdeen-headquartered completions service company Tendeka has launched a new technology aimed at optimising oil production. FloFuse technology can increase oil recovery by improving injected water conformance in fractured reservoirs or by ensuring effective placement of matrix stimulation acids. When installed across a segmented wellbore, FloFuse [...]

By Andrew Dykes Dec 18, 2018

Petrofac secure Ithaca construction and commissioning contract

Petrofac’s Engineering and Production Services (EPS) business has been awarded a construction and commissioning contract with Ithaca Energy (UK) Limited, valued at approximately US $10 million. Under this contract, Petrofac will be responsible for the topsides construction and commissioning works on the Ithaca-operated FPF-1 floating production [...]

By Halima Hassan Dec 18, 2018

Subsea 7 awarded UK offshore contract

Subsea 7 has been awarded a contract by Shell for the Shearwater Fulmar Gas Line (FGL) Re-Plumb Project, located approximately 140 miles east of Aberdeen. The engineering, procurement, construction and installation (EPCI) project work scope incorporates a 37-km, 24” export line, a 14” rigid riser, control jumper, subsea structures and associated [...]

By Andrew Dykes Dec 17, 2018

Chevron receives Captain EOR approval

Chevron North Sea Limited (CNSL) has received approval from the Oil and Gas Authority (OGA) for its field development plan (FDP) to progress the Captain Enhanced Oil Recovery (EOR) project in the Central North Sea. Through the application of polymer injection technology, the Captain EOR project is expected to increase production and help maximise [...]

By Andrew Dykes Dec 13, 2018

Petrofac opens Aberdeen “Innovation Zone”

Petrofac has created a technology Innovation Zone in its Bridge View offices in Aberdeen. The “immersive workspace” was opened by Minister for Energy, Connectivity and the Islands, Paul Wheelhouse MSP, on 11 December. The area has been created to allow clients, suppliers, and technology specialists to collaborate with new technologies, and is [...]

By Andrew Dykes Dec 12, 2018

Azinor Catalyst receives LOI for three exploration wells

Azinor Catalyst has received a Letter of Intent (LOI) for the acquisition of non-operated interests in three exploration wells planned for 2019. The three independent prospects – Boaz, Goose and Hinson – are estimated to contain combined gross unrisked prospective resources of 495 million barrels of oil equivalent. The company says preparations [...]

By Andrew Dykes Dec 10, 2018