UK/UKCS
News
August 04, 2022
The forecast fell £1.5 billion to £44.5 billion last year – contributing to a total cut of £15 billion since 2017, when the North Sea Transition Authority introduced a baseline estimate of £59.7 billion and set a target of reducing costs by 35% to £39 billion by end-2022.
News
July 27, 2022
Supply chain companies in the UK offshore oil and gas sector are in prime position to win work in carbon capture and storage if urgent action is taken by governments and industry, a new report indicates.
News
July 27, 2022
The search for carbon storage sites, wind farm locations and potential hydrocarbon fields has received a significant boost as more than 132 terabytes of seismic data has been uploaded on to the National Data Repository.
News
July 19, 2022
Sparrows Group, engineering and maintenance specialists for the global energy and industrial sectors, has secured a contract worth approximately £50 million with a major UKCS operator to provide crane management services across its operating assets in the North Sea.
News
July 21, 2022
The British government needs to publish detailed plans on decarbonizing the economy if it wants to prevent a “disorderly” transition to net-zero emissions by 2050, members of Parliament’s upper chamber said Thursday.
News
July 19, 2022
A4I gives UK companies of any size access to the UK’s top scientists and most advanced facilities, techniques and technologies in the world. It aims to boost productivity and competitiveness by helping companies to solve problems in innovative ways.
News
July 19, 2022
Oxford Flow, the flow control equipment specialist for energy, water, and industrial process industries, today celebrates impressive headcount growth of 80% over the last 18 months as the company eyes international expansion across EMEA, India and the Americas.
News
July 14, 2022
New laws imposing £5 billion of new taxes on the UK’s offshore oil and gas operators risk driving away investors and undermining the nation’s future energy supplies, the industry’s leading trade body has warned.
News
July 13, 2022
OEUK warmly welcomes the news that Stuart Payne has been appointed to lead the North Sea Transition Authority at what continues to be a crucial and challenging period for the industry.
News
July 12, 2022
A trio of exciting new low-carbon technologies are set to generate 26,000 new UK energy jobs by 2030, according to research by Robert Gordon University.
News
July 12, 2022
Through the UK Government’s Floating Offshore Wind Manufacturing Investment Scheme, up to £160 million will be made available to scale-up the deployment of floating offshore wind and to invest in key areas where the UK has competitive advantage.
News
July 11, 2022
TechnipFMC will continue to provide a wide range of engineering, studies and technical services to Neptune Energy, including installation work and operational support for Neptune’s development projects and producing fields.
News
July 11, 2022
Waldorf Production Limited and Shorelight Partners announced the signing of a sale and purchase agreement for the acquisition of the entire share capital of Alpha Petroleum Resources Limited, an upstream oil and gas company focusing on the UK North Sea, by Waldorf.
News
July 06, 2022
The industry body for the UK offshore energy industry welcomed the UK Government’s decision to change the Energy Profits Levy in response to concerns from the country's offshore oil and gas companies.
News
July 06, 2022
Centurion Group, a leader in the supply of rentals & services to the critical industries, is pleased to announce that it is combining Aberdeen-based brands Aleron and Seanic UK to form Centurion Subsea Services (CSS).
News
July 05, 2022
A set of reports due to be published in the coming months will show how companies in the UK’s offshore oil and gas industry supply chain can expand to cleaner energies, including carbon capture, usage and storage (CCUS), hydrogen and offshore wind.
News
July 05, 2022
North Sea-focused oil and gas operator Ithaca Energy announced that its acquisition of Siccar Point Energy, an Aberdeen-based energy company, has been completed with all conditions having been met.
News
July 01, 2022
Deirdre Michie OBE has today formally announced that at the end of 2022 she will hand over the reins after almost eight years as Chief Executive of Offshore Energies UK.
News
June 28, 2022
The UK government’s decision to impose a 65% tax rate on the nation’s offshore energy providers will do long-term damage to the industry – and raise the risk of future energy shortages, OEUK has told the government.
News
June 24, 2022
BP paid tax on its UK North Sea business in 2021 for the first time in at least six years, according to the company’s latest payments to governments report.
