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Commenting on the announcement today that two complementary internet-based services LIFT and DEAL are to be launched on the world-wide web to promote licence trading and active portfolio management in the UK offshore oil and gas industry, James May, Director General of the UK Offshore Operators Association (UKOOA), said: LIFT and DEAL will provide an invaluable resource for companies wishing to...
Thursday 9 September , 1999
The creation of the Industry Technology Facilitator announced today at Offshore Europe was welcomed by the UK Offshore Operators Association (UKOOA). James May, UKOOAs Director General, said: The development and exploitation of new technology is critical if the full potential of UK oil and gas reserves are to be unlocked. Much of the remaining potential in the UKCS lies in small fields and c...
Thursday 9 September , 1999
The significant progress made to date by the Step Change and Safety Initiative since its launch two years ago demonstrates just what can be achieved by putting mind and effort together in a concerted pan-industry drive to improve safety performance, says UK Offshore Operators Association (UKOOA). James May, UKOOAs Director General, said it is very encouraging to see the first signs of the impac...
Thursday 9 September , 1999
LOGIC, the new organisation backed by Government and the offshore oil and gas Industry to sharpen competitiveness amongst Industry suppliers and contractors, will be good news for the UK Continental Shelf and good news for the UK as a whole, says the UK Offshore Operators Association (UKOOA). Responding to todays announcement by Energy Minister Helen Liddell at Offshore Europe, James May, UKOOA...
Wednesday 8 September , 1999
The UK Offshore Operators Association (UKOOA) has produced a leaflet summarising the preparations made by the UK offshore oil and gas industry for the Year 2000 date change, the so-called Millennium Bug problem. 50,000 copies of the leaflet, which gives a brief summary of the state of readiness for offshore installations, communications systems, helicopters, the emergency services and standby a...
Wednesday 8 September , 1999
The UK Offshore Operators Association (UKOOA) welcomes the series of initiatives announced today at Offshore Europe 99 by the Secretary of State, Stephen Byers, which set out to secure the UKs position as a world centre in the international oil and gas industry. James May, UKOOAs Director General, said: There is potentially about as much oil and gas remaining in the UK Continental Shelf (UKCS) ...
Tuesday 7 September , 1999
The UK Offshore Operators Associations (UKOOA) Drill Cuttings Initiative has announced the award of 15 research and development (R&D) contracts as part of a £1 million spend in the first phase of its investigations into options for dealing with accumulations of drill cuttings beneath oil and gas installations in the North Sea. The R&D programme will be monitored and the final reports r...
Wednesday 1 September , 1999
Representatives of oil companies operating in UK waters and union leaders met in Aberdeen today (11 August 1999) to sign new consultation arrangements that officially acknowledge trade unions as stakeholders and social partners in the offshore oil and gas industry. The arrangements were signed by Bob Connon, President of the UK Offshore Operators Association (UKOOA), the oil and gas companies r...
Monday 16 August , 1999
A capacity audience of 240 people turned out for the UKOOA Energy Breakfast in Aberdeen today (5 August 1999) to hear Alan Jones, Regional President Scotland, BP Amoco, set out his view of the long term future for the UK oil and gas industry. <strong>The key points of Mr Jones presentation were:</strong> The global competitive environment frames the key challenges and benchmark for the UK up...
Friday 6 August , 1999
UKOOA, the representative organisation for the UK offshore oil and gas Industry, welcomes the Governments announcement that it is to reinstate Capital Gains Tax (CGT) rollover relief for the transfer and sale of offshore licensed interests. James May, UKOOAs Director General, said: The measure is a welcome signal of the Governments intention to address the issues associated with the increasing ...
Friday 2 July , 1999
A new tool to improve risk management and ensure greater transparency and openness in risk-related decision-making has been developed by the offshore oil and gas industry which, its creators believe, could have application across all industry sectors. The UK Offshore Operators Associations (UKOOA) new guidelines on A Framework for Risk Related Decision Support sets out a framework which will he...
Monday 28 June , 1999
An electronic device developed by the Oil and Gas Industry as a pro-active warning system to alert fishermen of underwater hazards was launched on Tuesday, 15 June, at the Maritime Museum in Aberdeen. The prototype device, known as FishSafe, uses Kingfisher Seabed Data to warn fishermen of the presence of subsea obstacles (such as wellheads and pipelines), which could potentially interfere with...
Tuesday 15 June , 1999
The UK Offshore Operators Association (UKOOA), the representative body for the UK offshore oil and gas industry, is urging Government to include measures in the 1999 Finance Bill to extend Capital Gains Tax (CGT) rollover relief to transactions of hydrocarbon producing assets in the North Sea. The Industry believes that the current restriction on rollover relief is inhibiting the transfer of li...
Tuesday 25 May , 1999
The UK offshore oil and gas industry has re-launched its web site with a new design to provide easier access to information about one of this countrys great industrial success stories. Available at www.oilandgas.org.uk, the web site is managed by the UK Offshore Operators Association (UKOOA), the representative body for oil and gas companies licensed to operate in British waters. It contains a ...
Friday 21 May , 1999
The UK Offshore Operators Association (UKOOA) Drill Cuttings Task Force has selected Det Norske Veritas (DNV) to form a dedicated project management team to carry its initiative forward through the next stages. A core team of four, headed by Angus Lyon, Operations Manager at the DNV Technical Consultancy in Aberdeen, will be responsible for managing and co-ordinating the research and developmen...
Friday 21 May , 1999
Norman Chambers, President of Halliburton Energy Development, will be the guest speaker at the next UK Offshore Operators Associations (UKOOA) Energy Breakfast meeting on Tuesday, 18th May in Aberdeen at the Marcliffe at Pitfodels Hotel. Titled Prospering in a Low Oil Price Environment, Norman Chambers presentation will offer the perspective of a global contractor, showing how the UK fits in...
Tuesday 4 May , 1999
The launch of the All Party Group for the British offshore oil and gas industry is welcomed by the UK Offshore Operators Association (UKOOA), the representative organisation for companies licensed to operate on the UK Continental Shelf. Director-General James May said: We are delighted that Parliamentarians recognise that the UK offshore oil and gas industry merits particular attention in its o...
Wednesday 14 April , 1999
The UK oil and gas industry must engage in greater collaboration if it is to shape up to the challenges created by current low oil prices, the Aberdeen business community was told today (8 April) at a breakfast meeting organised by the UK Offshore Operators Association. Initiating the UKOOA Energy Breakfast meetings at the Marcliffe at Pitfodels Hotel, Aberdeen, UKOOA President and Chevron Euro...
Thursday 8 April , 1999
The UK Offshore Operators Association (UKOOA), one of the representative organisations for the UK oil and gas industry, welcomes Energy Minister John Battles announcement today that the Government is to change its licensing system for exploration and production on the UK Continental Shelf. James May, Director-General of UKOOA, said: This initial package of measures is a promising start to th...
Wednesday 31 March , 1999
The UK Offshore Operators Association (UKOOA) has published its 1998 Annual Report in a new style format reflecting the Industry bodys focus on providing added value for members during a year dominated by low oil prices, corporate restructuring and a slew of Government policy reviews and regulatory initiatives. Reporting on his year as President of UKOOA, Steve Suellentrop commented on the rest...
Friday 26 March , 1999