News

  • Select date range

Industry body to play key role at Houston’s international conference

From left: Matt Abraham, Rebecca Groundwater and Karis Thain The leading representative body for the UK’s offshore oil and gas industry will next week head to a major international conference to champion the sector. OGUK’s supply chain director, Matt Abraham, will chair a sell-out business breakfast on May 7 during the Offshore Technology Conference [...]

UK’s offshore oil and gas industry responds to Committee on Climate Change report

OGUK, the leading representative body for the UK’s oil and gas industry has committed to work with governments on the practical response to the Committee on Climate Change report published today (Thursday 2 May). In addition to industry work to reduce operational emissions from offshore production, the sector is well placed to support the advancement [...]

Shift in skills required to adapt to changing industry dynamics unveiled in vital industry report

Leading figures from the North Sea’s oil and gas industry will take centre stage at the launch of a key industry report next month to discuss how changing skills requirements will impact on the industry over the next six years. Mark Cullens, Director of strategic development at OPITO and Paul de Leeuw, Director of the Oil and Gas Institute at the [...]

OGUK’s Efficiency Task Force announces hat-trick of new members

Oil & Gas UK’s Efficiency Task Force (ETF) has appointed three new members to its steering group which aims to seek out, promote and provide access to best practice across the industry whilst boosting collaboration. Romain Chambault, director of Oilfield Equipment at Baker Hughes GE, Steve Cox, non-operated ventures director (NOV) at Chrysaor, [...]

OGUK breakfast to launch flagship skills report

A report detailing the UK oil and gas sector’s skill requirements up to 2025 will be unveiled at the Oil & Gas UK (OGUK) Business Breakfast, sponsored by Deloitte on Thursday 2 May at Aberdeen’s Mercure Ardoe Hotel. The Skills Landscape report, part of the UKCS Workforce Dynamics series produced by industry skills body OPITO in conjunction [...]

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 [...]

Oil & Gas UK welcomes Neptune Energy Seagull project announcement

Following Neptune Energy's announcement of its final investment decision (FID) for the Seagull project, Mike Tholen, Oil & Gas UK’s Upstream Policy Director, said: “Neptune’s Seagull project signals the basin’s first FID of 2019 and demonstrates a growing appetite among North Sea players to establish a diversified portfolio making the [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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, [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

Starn Group increases reach with Dynamic Air Shelters acquisition

Starn Group, owner of the Safehouse Habitats and Sabre Safety Services businesses headquartered in Dundee, has successfully completed its acquisition of Canada-based Dynamic Air Shelters for an undisclosed sum. The acquisition extends the group’s reach, adding bespoke, blast-resistant and environmental protection air-supported shelters to its range [...]

Antin sells Kellas Midstream to Blackrock And GIC

Private equity group Antin Infrastructure Partners has sold Kellas Midstream to a joint venture of BlackRock’s Global Energy & Power Infrastructure Funds (GEPIF III) and GIC. Kellas owns and operates key gas infrastructure in the UK, including the Central Area Transmission System (CATS), the Esmond Transportation System (ETS), and the Humber [...]

Costain’s Energy business secures over £4m in contracts

Infrastructure solutions company Costain has secured some £4 million worth of design, engineering and consultancy contracts for the energy market which will see the Group shaping the future for sustainable operations and improved efficiencies at several UK onshore gas terminals. The awards being delivered by the Aberdeen-based team include topside [...]

Sword acquires Dataco Ltd

Data services provider DataCo Ltd has been acquired by Sword Group. Focused primarily on the oil and gas industry, DataCo provides information management solutions and support, helping customers reduce costs and increase efficiency through effective data management. With offices in the UK (Aberdeen), Netherlands (The Hague), Australia (Perth) and [...]

Aramark recognised for exemplary standards

The Aramark team for the BP North Sea HQ (NSHQ) has successfully gained full HSEQ ISO accreditation across three prestigious ISO standards: ISO14001, ISO9001 and ISO45001. ISO14001 is the international standard for designing and implementing an effective environmental management system, while ISO9001 is the international standard for a quality management [...]

Stork wins EnQuest crew service contract

Stork, part of Fluor’s Diversified Services segment, has been awarded a five-year contract by EnQuest to provide multi-skilled deck crew services for its northern and central North Sea assets. Stork’s crew will provide services for the Heather, Thistle and Magnus platforms in the northern North Sea, and FPSO vessels in the northern and central North [...]

IOG completes farm-out and FID

Independent Oil and Gas (IOG) has completed its farm-out transaction with CalEnergy Resources and made final investment decision on Phase 1 of its Core Project. This comprises 410 bcf of 2P+2C reserves and resources across six discovered UK southern North Sea gas fields. IOG and CalEnergy have said they will shortly be submitting confirmation of [...]

Well-Safe Solutions secures major investment

Well-Safe Solutions has secured over £66 million in new investment to fund its next phase of growth as a tier one well decommissioning company. MW&L Capital Partners led the investment round, bringing together a consortium of private investors to acquire a major stake in the business. Launched in 2017 to provide a ground-breaking approach to [...]

Peterson wins Premier Oil contract renewal

Peterson has strengthened its relationship with independent E&P group Premier Oil after it renewed a long-term contract worth over £20 million. Peterson has worked with Premier since 2010 providing integrated logistics services to support its North Sea activity. The contract will see Peterson provide support for up to a decade, with the first [...]

OGTC launches next round of TechX

The Oil & Gas Technology Centre (OGTC) has launched the third year of its accelerator programme, TechX, with the announcement of new industry partner Equinor. The TechX Pioneer Programme helps ambitious start-ups take their solutions to the energy market faster. 21 companies have so far graduated from the award-winning programme, supporting the [...]

Aker Solutions outlines low-carbon strategy

Aker Solutions will aim to generate nearly half its revenue from renewable or low-carbon solutions by 2030, according to its newly outlined '20/25/30 strategy'. This would see the company derive 20% of its revenue from renewable energy and 25% from distinct low-carbon solutions by the year 2030. The renewable energy solutions will primarily come [...]

Development plan submitted for Platypus gas project

UK and Netherlands-focused energy group Parkmead has announced the filing of a draft Field Development Plan (FDP) and Environmental Statement (ES) for the Platypus gas project. The two documents were submitted to the Oil and Gas Authority (OGA) and the Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) by Dana Petroleum (59%), [...]

Neptune to acquire Edison assets from Energean

Neptune Energy has entered into a conditional agreement with Energean Oil and Gas to acquire Edison E&P’s UK and Norwegian producing, development and exploration assets for $250 million. Pending Energean’s completion of its proposed acquisition of Edison, the portfolio will give Neptune an estimated 30 million barrels of oil equivalent of [...]

TÜV SÜD opens £16m Advanced Multiphase Facility

Flow measurement R&D specialist, TÜV SÜD National Engineering Laboratory, has opened its £16million Advanced Multiphase Facility (AMF) which it says will help global oil and gas operators to ensure that production remains economically viable. In terms of testing operating pressures, temperatures, flowrates and metrology, the AMF’s capabilities [...]

Subsea 7 awarded Pierce contract by Shell

Subsea 7 has been awarded a contract by Shell for the Pierce depressurisation project, located approximately 160 miles offshore Aberdeen. The contract scope involves the engineering, procurement, construction, transportation and installation (EPCI and T&I) of a 30km gas export pipeline, a gas export riser and associated subsea infrastructure, [...]

ODE appointed installation operator for Tolmount Platform

ODE Asset Management (ODE AM), a unit of international engineering and operations support services contractor ODE Group, has been appointed as installation operator (duty holder) of the normally unattended installation (NUI) Tolmount platform. The Tolmount platform and associated gas export pipeline comprise the Humber Gathering System, which is [...]

Survitec adds to Shearwater lifeboat capacity

Survitec has delivered a unique turnkey lifeboat project for Shell UK to increase lifeboat capacity on the Shearwater gas hub by more than 22%. The project was driven by an anticipated upturn in activity offshore, including a major offshore turnaround planned for 2020, which made provision of additional offshore bedding capacity a priority to allow [...]

Chrysaor completes ConocoPhillips acquisition

Chrysaor Holdings has confirmed the completion of its acquisition of ConocoPhillips’ UK oil and gas business for $2.68 billion. The assets acquired produced approximately 72,000 barrels of oil equivalent per day (boepd) in the first six months of 2019. Combined with Chrysaor’s existing portfolio, this represents average first-half 2019 production [...]

Neptune awards Seagull drilling contract

Neptune Energy, alongside joint venture partners BP and JAPEX, have awarded Valaris a contract to provide a heavy-duty jack-up drilling rig for the Seagull oil development. Valaris will provide the Rowan Gorilla VI to drill four firm wells for the project, located in the central North Sea. The approximately 18-month drilling campaign is scheduled [...]

Global E&C wins life-of-field contract with Apache

Engineering procurement and construction (EPC) contractor Global E&C has won a life-of-field contract for brownfield services with Apache’s North Sea subsidiaries. Global E&C forms part of Inverness-based Global Energy Group, and the award represents the largest in the Group’s history. Aberdeen-headquartered, Global E&C was formed [...]