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Efforts by the sector to support decarbonisation, improve business competitiveness and develop skills for the future will be explored at OGUK's annual industry conference in Aberdeen on Wednesday 3 June. Nearly 500 delegates are expected to attend the conference, titled "<a href="https://www.eventbrite.co.uk/e/oguk-annual-conference-3-june-2020-tickets-86321338447"><strong>Getting to Net Zero -...
Wednesday 5 February , 2020
The need for improved digitalisation across North Sea operations and the critical role of data in delivering Roadmap 2035, the UK oil and gas industry’s blueprint for net zero, will come under the spotlight at OGUK’s Data and Digital Day on Tuesday 25 February 2020 at The Chester Hotel, Aberdeen. The inaugural event, chaired by Dr Daniel Brown, Executive Director of Common Data Access (CDA)...
Wednesday 5 February , 2020
Independent producer RockRose Energy has signed an agreement to secure a 100% interest in the Cotton gas Field in the southern North Sea, via the acquisition of current licence holder Speedwell Energy. Discovered in 2009, Cotton is estimated to contain recoverable gas resources of 97 billion cubic feet (16.7 million boe) and has the potential to produce at peak rate of up to 70 million cfd (12,...
Wednesday 5 February , 2020
In an operational update ahead of full year results in March, independent producer Ithaca Energy has announced a $250 million North Sea capital expenditure programme in 2020. Around two-thirds of this expenditure relates to activities at the Alba and Captain fields, as well as the Greater Stella Area (GSA). These include the start-up of the Vorlich field development in the GSA, scheduled for th...
Tuesday 4 February , 2020
BP has announced encouraging early production from the Alligin field in the west of Shetland region. Operated by BP (50%) and developed in partnership with Shell (50%), Alligin is part of a series of subsea tieback developments in the North Sea. Located in the Greater Schiehallion Area, it has been developed as a two-well subsea tieback into the existing Schiehallion and Loyal subsea infrastruc...
Tuesday 4 February , 2020
Companies often assume that measuring safety culture is as simple as reviewing the statistics they keep. If markers like LTI (Lost Time Injury), TRIF (Total Recordable Injury Frequency) or FAC (First Aid Cases) are on the low side, the reasoning goes, the organisation’s safety culture must be good. They may also look to employee feedback through surveys to assess safety culture. These methods...
Thursday 30 January , 2020
The leading representative body for the UK’s offshore oil and gas industry today outlined the details of its response to UK and Scottish Government net zero commitments in a keynote speech delivered by OGUK Chief Executive Deirdre Michie OBE. <img class="alignright size-medium wp-image-43470" src="https://oilandgasuk.co.uk/wp-content/uploads/2020/01/Oil-Gas-UK_023-200x300.jpg" alt="" width="2...
Thursday 30 January , 2020
Global supply chain company, ASCO, has made two key appointments which it hopes will further its ability to create new standards in materials and logistics management via innovative technology and practice. Focusing on ASCO’s marine gas oil (MGO) business, Peter Hollister has been appointed to the role of Group Head of Fuels and Lubricants. With over 25 years’ experience in both the operato...
Wednesday 29 January , 2020
Neptune Energy has announced plans for a digital subsurface programme with the aim of discovering hydrocarbons 70% faster. The programme aims to reduce exploration costs and help bring discoveries into production up to three years earlier than current standards permit. Neptune is working with a range of partners and vendors to develop new tools to scan and interpret seismic data, reducing the t...
Tuesday 28 January , 2020
OGUK member Bethan Customs Consultancy is celebrating another productive year since its inception four years ago. The Aberdeenshire-based independent firm supports businesses across a wide range of sectors, including oil and gas, to navigate the complexities of HMRC Authorisations and customs regimes. In 2019, 19 new clients have joined the firm, following a similar number the previous year. Th...
Tuesday 21 January , 2020
<hr /> The Chairman of the Oil and Gas Authority has challenged the UK oil and gas sector to respond to the energy transition. Commenting, Deirdre Michie, Chief Executive OGUK said: “We are an industry in action. Roadmap 2035: a blueprint for Net Zero is one of the first major industrial responses to government plans to reduce or offset carbon emissions to net zero by 2050 in the UK and 20...
Thursday 16 January , 2020
Commenting on protests outside oil and gas offices in Aberdeen today, OGUK Stakeholder & Communications Director Gareth Wynn said: “Climate change will be solved by practical actions not conspiracy theories and stunts. It’s disappointing that this group is choosing to disrupt the normal working day of people in this industry, causing alarm rather than engage in meaningful discussion wit...
Thursday 16 January , 2020
Petrofac has been selected by Petrogas NEO UK – a joint venture created by Petrogas E&P UK and NEO Energy, a portfolio company of private equity fund HitecVision – to establish the company's new North Sea operations following its recently announced asset acquisition. In a two-year deal valued in the region of $50 million, Petrofac will integrate services across operations, projects and ...
Wednesday 8 January , 2020
<p style="text-align: justify"><span style="font-size: 12.0pt;font-family: 'Arial',sans-serif">The leading representative body for the UK offshore oil and gas industry has kicked off the new year with ambitious plans to champion the sector as part of a diverse energy mix.</span></p> <p style="text-align: justify"><span style="font-size: 12.0pt;font-family: 'Arial',sans-serif">Two new directors wi...
Tuesday 7 January , 2020
BP has agreed terms to sell its interests in the Andrew area in the central UK North Sea and its non-operating interest in the Shearwater field to Premier Oil, in a $625 million deal. BP operates the Andrew assets – comprising the Andrew platform, the Andrew (62.75%), Arundel (100%), Cyrus (100%), Farragon (67%) and Kinnoull (77.06%) fields and associated subsea infrastructure. It also holds ...
Tuesday 7 January , 2020
Commenting on news that protestors have boarded a drilling rig in Dundee harbour, OGUK Chief Executive Deirdre Michie said: “This is a dangerous and short-sighted stunt which does absolutely nothing to help provide the solutions which will be required to meaningfully deliver net zero emissions by 2045 in Scotland. “Worse than this, we know that the premature shutdown of the North Sea wou...
Monday 6 January , 2020
Commenting on news that protestors have boarded a drilling rig in Dundee harbour, OGUK Chief Executive Deirdre Michie said: “This is a dangerous and short-sighted stunt which does absolutely nothing to help provide the solutions which will be required to meaningfully deliver net zero emissions by 2045 in Scotland. “Worse than this, we know that the premature shutdown of the North Sea wou...
Monday 6 January , 2020
Serica Energy (UK) Limited has received an Out of Round award of a 100% interest in the UK petroleum licence P2501, blocks 3/24c and 3/29c. These are located in the area adjacent to the Serica-operated Rhum field. The award contains the HPHT North Eigg and South Eigg prospects. The primary prospect is North Eigg which is estimated to contain 360 bcf (P50) and potentially over 1Tcf (P10) of reco...
Wednesday 18 December , 2019
Integrating the UK offshore energy sector, including forging closer links between oil and gas and renewables, can reduce carbon emissions from oil and gas production and support delivery of the UK’s net-zero target, according to a new report published by the Oil and Gas Authority (OGA). The report, titled “UKCS Energy Integration: Interim Findings,” discusses the first phase of the UKCS E...
Tuesday 17 December , 2019
<strong><span style="font-size: 12.0pt;font-family: 'Arial',sans-serif">The leading representative body for the UK’s offshore oil and gas industry has underlined its commitment to developing the technical solutions required to help meet the UK and Scotland’s net zero ambitions. It comes as two key reports on plans to reduce emissions are published today. </span></strong> <span style="font-s...
Tuesday 17 December , 2019