UK/UKCS
News
May 05, 2023
The venture has been on ice since late 2021, when the energy major said the economic case for the project had weakened.
News
April 18, 2023
“This additional supply is crucial to the UK’s energy security and reduces our reliance on imports as we transition to net zero," said OEUK’s market intelligence manager Ross Dornan.
News
April 18, 2023
Substantial modifications were made to the Haewene Brim floating production, storage and offloading vessel (FPSO), which is used to produce hydrocarbons at the Pierce field. A new subsea gas export line was also installed, connecting to the SEGAL pipeline system, which brings gas ashore at St Fergus, north of Aberdeen.
News
April 08, 2023
The strikes put the UK’s production of oil and natural gas at risk just as Europe tries to pivot away from a dependency on Russian supplies, which are being throttled by Moscow in the wake of the invasion of Ukraine.
News
April 05, 2023
In a statement, the oil and gas producer said it is “working hard to mitigate the impact” of the workforce reduction with recruitment freezes and a voluntary redundancy scheme.
News
April 03, 2023
The action will affect production platforms operated by Shell Plc and Harbour Energy Plc, the union said in an emailed statement.
News
March 30, 2023
Britain's future energy security remains a key concern despite the government’s ‘Powering up Britain’ strategy and its recognition of the “vital role” of oil and gas in powering the nation and providing the bedrock for the transition to net zero and beyond, OEUK's Chief Executive said.
News
March 30, 2023
The agreement covers transport and installation works over a period of 3 years, utilizing one of Havfram Wind`s newbuild NG20000X Jack-Up Wind Turbine Installation Vessels with a 3,200-ton crane. The work will start in the spring of 2027.
News
March 30, 2023
Developed in collaboration with Oil Spill Response Limited (OSRL), OEUK has worked with its members to create the UK Mutual Aid Framework Agreement (UK MAFA) which aims to facilitate mutual aid of personnel between UK operators in the event of a sustained incident response.
News
March 29, 2023
The NSTA is determined to assist industry in its role of ensuring domestic energy security and has opened a consultation on new guidance which aims to streamline the buying and selling of assets.
News
March 27, 2023
With increased demand from existing clients to support Engineering projects across the North Sea and UKCS, the new premises allows for increased headcount whilst the firm continues to add experienced staff to the business.
News
March 27, 2023
‘‘Offshore Energies UK congratulates Humza Yousaf as he becomes the new leader of the SNP and First Minister of Scotland. We wish him every success at this critical time for businesses and people looking for energy security and stability in their everyday lives,” said David Whitehouse, CEO of Offshore Energies UK.
News
March 28, 2023
Offshore Energies UK’s Business Outlook report describes how nine out of 10 of North Sea operators are cutting back investment. The companies cite a mix of high taxes, political uncertainty and inflation as key factors in their decisions.
News
March 27, 2023
A major incident was declared after oil leaked into the water at Poole harbor in southern England.
News
March 26, 2023
OEUK’s Business Outlook Report, being published on 28 March, shows the North Sea could power the UK for decades, but a mix of windfall taxes and political uncertainty is driving away the billions of pounds of investments needed to maintain oil and gas production now and create low carbon energy in the future.
News
March 25, 2023
The Innovation and Targeted Oil and Gas (INTOG) initiative is a seabed leasing round, which is designed to enable offshore wind energy to directly supply offshore oil and gas platforms with renewable-generated electricity.
News
March 24, 2023
By 2030, the UK will be reliant on other countries for at least 80% of its gas and 70% of its oil if there is no investment in new infrastructure – offshoring the associated jobs and benefits to the economy. OEUK has urged the UK Government to nurture UK oil and gas production and avoid an even more rapid decline than that which is currently forecast.
News
March 21, 2023
The NSTA expects companies with valuable licenses to progress exploration and production as quickly as possible, in line with their license commitments and the NSTA’s strategy.
News
March 20, 2023
The walkouts will affect dozens of platforms operated by companies including BP Plc, Shell Plc and TotalEnergies SE, the union said in a statement. No date has been set yet for the start of the labor action that was approved by 1,400 workers.
News
March 16, 2023
The vow comes as competition in the race for clean technology heats up after President Joe Biden’s $370 billion climate bill, which raised tax credits for capturing carbon dioxide.
News
March 14, 2023
Under the proposals being considered by the Treasury, the additional 35% levy would cease to apply if energy prices fall below a given level, according to a person familiar with the matter.
