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Deregulation of continental energy markets will not guarantee cheaper gas in the UK, claims ILEX, a leading independent energy consultancy, in a report published today (20 October 2004).  Despite efforts to liberalise markets in Europe, gas prices are likely to remain linked to oil and, in the UK, this could mean wholesale prices persisting above 30 p/therm unless the price of oil falls substanti...
Wednesday 20 October , 2004
Responding to calls by the trade union Amicus for Treasury to impose a tax on companies who fail to explore for new oil and gas in the North Sea, Mike Tholen, Economics and Commercial Director at the UK Offshore Operators Association (UKOOA), said: "Amicus will not be able to produce a single company investing in the UK today, nor a single company that would like to invest in the UK, that will ...
Tuesday 19 October , 2004
The UK Offshore Operators Association (UKOOA), the representative organisation for oil and gas producers in the UK, welcomes todays announcement by the Aberdeen and Grampian Chamber of Commerce that their Oil and Gas survey reveals increased activity and the expectation of further increases, at home and abroad, over the next 12 months. Malcolm Webb, Chief Executive of UKOOA, commented, We are n...
Sunday 17 October , 2004
The UK Offshore Operators Association (UKOOA), which represents 30 oil and gas producers in the UK, expressed its deep disappointment at Ofgems continuing inability to bring its investigation into rising gas prices to a conclusion. UKOOAs chief executive, Malcolm Webb, said: "Ofgem has clearly stated that the main causes of rising gas prices in the UK are the impact of rising oil prices, dec...
Tuesday 5 October , 2004
The UK Offshore Operators Association (UKOOA), the representative organisation for oil and gas producers in the UK, welcomes todays announcement of a successful 22nd Offshore Licensing Round. Malcolm Webb, Chief Executive of UKOOA, said: The number and diversity of licences awarded today demonstrates that interest in exploring for new offshore oil and gas prospects in the UK is far from dead...
Friday 24 September , 2004
Responding to this afternoons announcement that Michael OBrien is to replace Stephen Timms as Energy Minister, the UK Offshore Operators Association (UKOOA), the representative body for oil and gas producers on the UK continental shelf, issued the following statement: "UKOOA would like to go on record to express our great appreciation to Stephen Timms for the enormous enthusiasm and energy that...
Thursday 9 September , 2004
Responding to calls by major energy user groups for an investigation into the sharp rise in wholesale gas prices in 2004, the UK Offshore Operators Association (UKOOA), which represents UK gas producers, issued the following statement: UKOOA refutes any suggestions of market manipulation by its members and knows of no evidence to support such allegations. "Wholesale gas prices usually follow...
Tuesday 7 September , 2004
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Monday 9 August , 2004
The offshore oil and gas industry reports evidence of renewed activity across the North Sea, pointing to a pick-up in oil and gas project approvals, better than expected exploration activity and continuing strong investment since the beginning of the year. Speaking today at the launch of the UK Offshore Operators Associations 2004 Economic Report "Maximising Britain's Oil and Gas Resource", Mal...
Wednesday 14 July , 2004
Responding to the House of Lords European Union Committee's report, Gas: Liberalised Markets and Security of Supply, Malcolm Webb, Chief Executive of the UK Offshore Operators Association (UKOOA), the representative organisation for UK oil and gas producers, said: "The UK is the world's fourth largest producer of gas, supplying 102 billion cubic metres of gas from its offshore fields in 2003. ...
Thursday 24 June , 2004
<strong>Increase in offshore applications is good news for the UK continental shelf</strong> The UK Offshore Operators Association (UKOOA), the representative organisation for oil and gas producers in the UK, welcomes the announcement by the Department of Trade and Industry (DTI) that the 22nd Offshore Licensing Round has generated a good applicant response. Malcolm Webb, Chief Executive of ...
Wednesday 9 June , 2004
Responding to Ofgem's statement on Friday, 28 May regarding its investigation into wholesale gas price rises in October and November 2003, Malcolm Webb, Chief Executive for the UK Offshore Operators' Association (UKOOA), the representative organisation for UK oil and gas producers, said: "UKOOA notes that Ofgem has resolved to their satisfaction five of the seven lines of enquiry into the poten...
Tuesday 1 June , 2004
The UK Offshore Operators Association (UKOOA) is consulting stakeholders in the oil and gas industry on fundamental revisions to its code of practice on access to infrastructure on the UK continental shelf (UKCS). The industry trade body has been working with the Department of Trade and Industry to secure changes to the code that will open up better access to the pipeline systems in the North S...
Tuesday 18 May , 2004
Responding to BP's announcement today (12 May 2004) that it is to implement a new concept in offshore search, rescue and recovery for its North Sea operations, Chris Allen, Director for Health, Safety, Social and the Environment for the industry trade body, the UK Offshore Operators' Association (UKOOA), said: "BP has challenged the traditional approach to offshore search, rescue and recovery a...
Wednesday 12 May , 2004
Energy regulator Ofgem has announced today that it will consult on whether to introduce a derogation to Transcos Gas Transporters Licence which would allow Transco to accept confidentiality proposals to protect the information gas producers provide to the system operator. Responding to the announcement, Malcolm Webb, Chief Executive of the UK Offshore Operators Association (UKOOA), the represen...
Tuesday 23 March , 2004
The UK Offshore Operators Association (UKOOA), the representative body for offshore oil and gas producers in the UK, acknowledges confirmation of the details of the Exploration Expenditure Supplement in todays Budget, which have previously been announced. Two technical measures were also announced to address anomalies which the Inland Revenue has identified regarding the trading in and valuatio...
Wednesday 17 March , 2004
The UK Offshore Operators Association (UKOOA), the representative organisation for oil and gas producers in the UK, welcomes todays announcement of the 22nd Offshore Oil and Gas Licensing Round, and in particular, the opportunities presented by the new Frontier Licence and the release of recycled acreage. Malcolm Webb, UKOOAs Chief Executive, said: The Government has taken an innovative approac...
Thursday 4 March , 2004
Safety statistics released today (24 February 2004) by the Health and Safety Executive (HSE) for the UK offshore oil and gas industry show a welcome fall in the number of dangerous occurrences and over three day injuries, but the rise in major injuries is very disappointing, says the UK Offshore Operators Association (UKOOA). Malcolm Webb, UKOOAs Chief Executive, said: The latest offshore sa...
Thursday 26 February , 2004
The UK Offshore Operators Association (UKOOA), the trade body representing offshore oil and gas producers in the United Kingdom, has appointed two managers to its Economics and Commercial Directorate to handle fiscal and gas affairs. David Odling, who has been with the Association since November 1998, is confirmed in his role as Gas and Commercial Issues Manager, while Agustin Rivara starts wit...
Friday 13 February , 2004
UKOOA WELCOMES ANNOUNCEMENT OF NEW FRONTIER LICENCE 6 February 2004 UKOOA welcomes the announcement of the new "Frontier" licence for oil and gas exploration and the innovative way the Government has approached the more difficult areas of the Atlantic Margin. UKOOA is working with the Government to improve the business environment to encourage exploration, appraisal and development activi...
Friday 6 February , 2004