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Swiss headquartered start-up Akselos has been selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”. The company is deploying its real-time digital twin technology to support a systems-level transformation of the energy sector to lower the cost of renewable energy and support asset sustainability. The WEF Technology Pioneers are early to growth-s...
Wednesday 17 June , 2020
The UK’s offshore oil and gas industry has today (Tuesday 16) committed to halving operational emissions in the next decade, confirming its pathway to becoming a net zero emissions basin by 2050. The sector is one of the first in the UK to commit to industry-wide targets and provide details on how they will be achieved. A report published by industry body OGUK, <a href="https://oilandgasuk.cl...
Tuesday 16 June , 2020
Helicopter services provider NHV Group has signed a five-year contract extension with Ithaca Energy (UK), providing aviation services to the Group’s operated FPF-1 installation, Alba, Captain and Erskine fields in the North Sea. The extension covers seven-day-a-week coverage and will start in January 2021. NHV will provide two H175 (primary and back-up) aircraft for this operation. The state-...
Tuesday 16 June , 2020
HMRC has recently published the new UK Global Tariff (UKGT) regime, which will replace the EU’s Common External Tariff (EU CET) at the end of the Transition Period on 1 January 2021. The UKGT has been tailored to the needs of the UK economy, making it easier and cheaper for businesses here to import goods from overseas. As well as a lower tax regime, there will also be reduced red tape and ba...
Monday 15 June , 2020
Petrofac’s Engineering and Production Services (EPS) business has been awarded an engineering and project management (EPM) support contract for the Acorn project. EPS will provide project management systems and technical support during the FEED for Acorn Carbon Capture and Storage (CCS), and the concept select for Acorn Hydrogen, both part of the exciting developments planned at the St Fergus...
Wednesday 10 June , 2020
Total E&P UK has become the first major UK offshore energy company to be certified for ISO500011, an international standard that recognises excellence in energy performance. To reach this standard, an organisation must show that it has a systematic approach to continually improving its energy efficiency. The certification comes as part of Total’s ambition to become the responsible energy ...
Wednesday 10 June , 2020
Commenting on news BP is to cut 10,000 jobs globally, OGUK Chief Executive Deirdre Michie said: "This shows the very real and personal impact of the Coronavirus pandemic on jobs and livelihoods while companies are stepping up to deliver the net zero agenda. "There is a serious risk the UK loses the skills it needs not only to meet existing energy demands from domestic resources, but also to ...
Tuesday 9 June , 2020
Shell Fife NGL Plant Manager and OGUK Mentor of the Year 2019 Teresa Waddington has produced a great video highlighting the impact of COVID-19 on oil and gas, and the important role of our industry through challenging times. [embed]https://www.youtube.com/watch?v=HL2WYBgl7Fg&feature=youtu.be[/embed] <a href="https://onedrive.live.com/?authkey=%21AO4so03dPFrLWi8&cid=8EE61405F2D8531D&a...
Wednesday 3 June , 2020
<img class="alignright wp-image-45012 size-medium" src="https://oilandgasuk.co.uk/wp-content/uploads/2020/06/2020-Industry-Data-and-Digital-Maturity-Survey-jpeg-300x169.jpg" alt="" width="300" height="169" /> A key piece of research is launched today by OGUK, the leading representative body for the UK offshore oil and gas industry together with the Technology Leadership Board (TLB), the Oil and...
Tuesday 2 June , 2020
Independent Oil and Gas (IOG) has awarded the well management contract for its Core Project Phase 1 to Petrofac. Phase 1 comprises the development and production of the Southwark, Blythe and Elgood fields through a total of five wells. The contract scope covers the planning, execution and close-out phases of the Phase 1 drilling programme, with Petrofac intended to act as Well Operator on behal...
Monday 1 June , 2020
A new immersive scenario game that puts oil and gas worker’s skills to the test has been launched by specialist energy e-learning company Norwell EDGE. Players are transported to virtual rigs where they can explore the layout, equipment and systems needed to drill wells before being put through their paces with a range of tasks. Each task is aligned with the content and learning outcomes on N...
Thursday 28 May , 2020
More than 300 people have signed up to attend OGUK’s first-ever D&I webinar to further explore opportunities to improve diversity and inclusion in what remains a challenging landscape for the UK oil and gas industry. The free webinar ‘<em>An opportunity in the disruption’</em> offers a virtual chance to network and hear first-hand from industry’s D&I Task Group as they reflect o...
Wednesday 27 May , 2020
Archer’s UK engineering team has been awarded a contract by TAQA for the provision of derrick equipment set (DES) and derrick removal services on Cormorant Alpha. The scope of services includes the engineering design and preparation activities, derrick dismantlement in modular sections by specialist rope access teams followed by the de-construction and removal of the DES drillfloor and major ...
Friday 22 May , 2020
Safety and emergency response technology provider Restrata has developed a suite of fully remote emergency response tools, supported by digital solutions and facilities within its Global Operations Control Centre (GOCC). Whilst the energy sector is considered key to keeping the nation’s lights on, the response plans of last week may not work this week, therefore response teams need to continu...
Wednesday 20 May , 2020
Specialist rig inspection company Aberdeen Drilling Consultants (ADC) has launched a resilience audit to help the oil and gas industry maintain safe operations by protecting against the spread of COVID-19 on offshore installations. ADC has combined guidance from the world’s leading advisory, regulatory and legislative bodies, including the Health & Safety Executive (HSE) and Oil & Gas...
Wednesday 20 May , 2020
OGUK, the leading representative body for the UK offshore oil and gas industry, has launched a new online knowledge-sharing network aimed at encouraging companies to work collaboratively to share problems and source solutions to their efficiency challenges. Users can access the <a href="https://ogukefficiencyhub.co.uk/the-problem-solving-network/">Problem-Solving Network</a> via OGUK’s Effici...
Wednesday 20 May , 2020
Following the publication of a new report published today by Professor Alex Kamp of  the University of Aberdeen, which has modelled the impact of $25, $35 and $45 oil prices, with corresponding gas rates, OGUK's market intelligence manager, Ross Dornan said: “OGUK continues to work with governments and the OGA to understand how we can protect the sector now, support its recovery and accelera...
Wednesday 20 May , 2020
International engineering and design specialist PD&MS Group has been awarded a new three-year contract with Spirit Energy, with options for a further three-year extension. The deal, worth an undisclosed multimillion-pound sum, will see the Aberdeen-headquartered firm deliver complex modifications for the E&P business. The engineering, procurement, construction and commissioning firm has...
Tuesday 19 May , 2020
As the oil and gas industry deals with the impact of COVID-19 and the fall in oil prices, businesses operating in the UKCS will face similar challenges to those following the 2014 downturn, albeit with new dimensions, including complications presented by associated limitations on storage capacity. In a blog post, law firm Brodies LLP considers the legal impact of the coronavirus on the sector, ...
Monday 18 May , 2020
ODE Asset Management Ltd (ODE) has secured a contract from NEO Energy for the Babbage Field in the Southern North Sea, in its first appointment as duty holder on the UK Continental Shelf (UKCS). ODE is no stranger to the Babbage asset. The company has acted as operations and maintenance provider since the project phase and successfully transitioned the platform from normally manned to not norma...
Monday 18 May , 2020