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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
Maersk Drilling has signed agreements with Halliburton and Petrofac to collaborate on the exploration programme to be delivered under its master alliance agreement with Seapulse. The Seapulse portfolio spans shallow water and deepwater wells in several regions. Two wells in the UK North Sea have previously been announced as part of the work scope, which is expected to start drilling in the seco...
Tuesday 17 December , 2019
Commenting on the General Election results, OGUK Chief Executive Deirdre Michie said: “We look forward to continuing our constructive working with the Prime Minister and the UK Government as we work to ensure a safe and competitive industry which realises a successful future through the energy transition and a Sector Deal. We welcome all the new members of Parliament and thank outgoing member...
Friday 13 December , 2019
Rockrose Energy has announced that the Noble Houston Colbert jack-up drilling rig is preparing to drill the first of two planned infill development wells on West Brae. Designated WPGZ and WPOZ, these two wells are designed to access 2P reserves of over 8 million barrels (gross) and to support Brae Complex output by up to 6,000 bopd (gross). WPGZ is expected to come onstream before the end of th...
Wednesday 11 December , 2019
Cased hole logging specialist READ Cased Hole has reinforced its commitment to the North American oil and gas market by opening new facilities in Houston and Anchorage. The move enhances READ’s capacity to meet increasing demand for well integrity, production logging, reservoir evaluation and data analysis services throughout the region. In Houston, READ now operates from a 9,000 square feet ...
Wednesday 11 December , 2019
In a new blog post, DEKRA Organisational Reliability notes how companies that have historically relied on the expertise of foreign nationals to provide leadership, especially around safety, are looking increasingly to their own citizens to fill these positions. Finding experienced, qualified candidates presents challenges where safety legislation is weak, educational opportunities are insuffici...
Tuesday 10 December , 2019
6 December saw Equinor UK and its partners commence production from Barnacle, the company’s third upstream development in the UK to come onstream in 2019. Barnacle is located in UK waters, just 2km from the UK-Norway maritime border and consists of one extended reach well tied back to the Statfjord B platform. The field is the first in Equinor’s portfolio to be fully located in the UK but p...
Monday 9 December , 2019
Specialist security risk management company SSI RM successfully accompanied Global Marine across 18 site reconnaissance visits in the Philippines in November. Assessing site suitability for a possible large future cable lay network, SSI RM deployed three travel managers to accompany three Global Marine teams across the countrywide campaign, which took place over a three-week period. Undertaking...
Monday 9 December , 2019