UK/UKCS
News
July 08, 2020
The leading representative body for the sector OGUK said that the UK faces a once-in-a-lifetime opportunity to deliver moves to a lower carbon and more diverse energy mix, reinforcing the importance of the sector deal currently being discussed with the UK Government.
News
July 08, 2020
North Sea nations and oil companies face costs of more than $100 billion to shut down old wells in the depleted region. Researchers in Norway believe they can cut that figure dramatically.
News
July 02, 2020
SeaFlo Consultancy Ltd has invested more than £250,000 to develop a new dynamic marine and subsea training capability supported by state-of-the-art mobile simulators.
News
June 29, 2020
Ampelmann has secured five new contracts in offshore wind over the course of a month with Norwegian companies BOA, Volstad, Olympic Shipping, Siem Offshore and DOF.
News
June 25, 2020
OGUK recently set out industry commitments to halve operational emissions in the next decade, with a target of 90 percent reductions by 2040. The sector was one of the first to respond to the Committee on Climate Change report in May last year which called for governments to reach net zero emissions by 2050 in the UK and 2045 in Scotland, with its Roadmap 2035: a blueprint for net zero.
News
June 12, 2020
The investment, with a focus on the North East, underpins the region’s ambitions to become a world leader in the transition to net zero, helping Scotland meet its ambitious targets on climate change.
News
June 05, 2020
Aging offshore oil wells that once brought market prominence to Europe, the U.S. Gulf and Brazil are increasingly money losers that companies want shut down amid low oil prices and a struggling global economy. But the effort won’t be cheap.
News
June 01, 2020
Petrofac’s Engineering & Production Services business (EPS) has secured a well management contract for Phase 1 of Independent Oil and Gas plc’s (IOG) Core Project.
News
May 22, 2020
Key trends for the coming week, including how industry groups' response to low oil prices differ dramatically in the U.S. versus other producing nations, China's big plans for its economy, and investment analysts turning their backs on key sectors of the industry.
News
May 22, 2020
Archer announced a formal contract award for provision of a modular drilling unit and associated services by TAQA.
News
May 21, 2020
Arindam Das discusses where energy sector companies must focus to meet capital markets' new expectations, both to survive the downturn and to act advantageously as stabilizing markets present new opportunities.
News
May 20, 2020
ADC has combined guidance from the world’s leading advisory, regulatory and legislative bodies, including the Health & Safety Executive (HSE) and Oil & Gas UK, with its 35 years of global operator and drilling contractor experience to produce a COVID-19 Resilience Audit.
News
May 20, 2020
Responding to the findings of a new study published today by Professor Alex Kemp from the University of Aberdeen, which suggests a third of all available oil and gas in the North Sea could be left untouched if the price of Brent Crude remains at $25 a barrel,
News
April 28, 2020
“The outlook is bleak compared to the picture of steady growth seen only two months ago, before the grip of the pandemic became clear,” industry trade body Oil & Gas UK said in a report published on Tuesday.
News
March 17, 2020
Total and its partners have made an encouraging discovery with the Isabella 30/12d-11 well on the license P1820, located in the Central North Sea offshore U.K., about 40 kilometers south of the Elgin-Franklin Field and 170 kilometers east of Aberdeen.
News
March 06, 2020
A group of UK North Sea oil and natural gas producers face an ambitious government-mandated target to cut their emissions as soon as 2025 as the nation seeks to make more real its ambition for net-zero fossil fuel pollution by the middle of the century.
News
March 05, 2020
Tendeka has received a Letter of Intent for a multi-million-pound contract to supply sand-face completion equipment to Aker BP’s Norwegian assets.
News
February 19, 2020
Neptune Energy announced first gas from the new L5a-D4 well in the deepest producing gas field of the Dutch North Sea.
News
February 03, 2020
As operators worldwide set ambitious net-zero-emissions goals, oilfield service companies have an opportunity to both play a key role in meeting these targets, and take a leadership position in shaping the path of the coming energy transition.
News
January 29, 2020
Under the agreement, the companies will offer tooling and services in four distinct areas: platform well abandonment, subsea well abandonment, topside and jacket removals and subsea removals.
News
January 21, 2020
Siccar Point Energy Ltd., the North Sea oil producer backed by Blackstone Group Inc., has received final bids from suitors including Chrysaor Holdings Ltd. and Equinor ASA, people with knowledge of the matter said.
