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NEWS |
UK contains 20 years of reserves
Report places remaining recoverable reserves and resources at up to 20 billion boe. The UK still has remaining levels of reserves which could sustain production for at least the next 20 years, accordi (...)
NEWS |
Turkey warns oil companies against drilling near Cyprus
The Turkish president, Recep Tayyip Erdoğan, has warned foreign oil companies against energy exploration near Cyprus, describing those defying Ankara as “bandits of the sea” who would face a similar r (...)
NEWS |
New interactive dashboard plans to unlock industry efficiencies and “optimise” businesses
A new interactive online tool which aims to help oil and gas firms “streamline and optimise” for the future will be launched at Oil & Gas UK’s revamped Share Fair this week.
NEWS |
BP and Shell secure approval for Alligin development
BP and Shell have secured approval from the Oil and Gas Authority (OGA) to proceed with the Alligin development west of Shetland in the UK North Sea.
NEWS |
BP given go-ahead to develop North Sea oil field
BP has been granted approval to develop the Vorlich Field in the North Sea, targeting 30 million barrels of oil equivalent. The field is expected to come on stream in 2020 and is predicted to produce (...)
NEWS |
Decom Challenges Addressed at Operator/Supply Chain Event
At its inaugural Collaboration and Innovation in Decommissioning event earlier this month, Decom North Sea brought together over 110 delegates – from operator and supply chain companies – to focus upo (...)
NEWS |
Oil and Gas Production Statistics, 2017-18
The publication of Oil and Gas Production Statistics for 2017-18 was announced today by Scotland's Chief Statistician.
NEWS |
Data analytics can improve production efficiency and reduce maintenance costs
A joint study by the UK oil and gas industry’s Technology Leadership Board, the Oil & Gas Technology Centre and the Oil and Gas Authority (OGA) has found that adopting data analytics and digital techn (...)
NEWS |
Decom North Sea Boosts Operator/Supply Chain Connections
Decom North Sea, the membership organisation for the oil and gas decommissioning sector, has announced its inaugural Collaboration and Innovation in Decommissioning event, in conjunction with the Oil (...)
NEWS |
RockRose Energy buys Dana Petroleum’s stake in Arran field offshore UK
Oil and gas company RockRose Energy has entered into a sale and purchase agreement to acquire 20.43% stake in the Arran field offshore UK from Dana Petroleum, the operator of the field.
NEWS |
OGA awards contracts to boost UKCS
The Oil and Gas Authority (OGA) has awarded new government-funded contracts to boost exploration activity on the UK Continental Shelf (UKCS). The HM Treasury’s £5m grant was awarded following a compet (...)
NEWS |
Maersk Drilling Secures North Sea Contract Extensions
Maersk Drilling has been awarded contract extensions for the high-efficiency jackup rigs Maersk Resolute and Maersk Resolve by Petrogas E&P Netherlands BV and Wintershall Noordzee BV, the company said (...)
NEWS |
OGA initiates latest UK offshore licensing round
The Oil and Gas Authority (OGA) has commenced the 31st UK offshore licensing round for blocks located in frontier regions of the UK Continental Shelf (UKCS).
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