UK/UKCS
News
October 15, 2024
OMMICA has supplied portable testing kits to one of Saudi Arabia’s leading oil and gas producers, a landmark achievement after almost 15 years utilizing its in-house chemical testing methodology.
News
October 15, 2024
Elementz, a next-generation name in subsea asset integrity management software, has exceeded early expectations by securing work worth more than £500,000 in its first three months of operation.
News
October 15, 2024
North Star has secured its first contract for a commissioning service operation vessel (CSOV), a second award with EnBW, further establishing the company’s growing presence in the European offshore wind sector.
News
October 11, 2024
North Sea Midstream Partners (NSMP) has announced the successful start-up of a new onshore electric-drive compressor which will increase gas flows from Breagh Field.
News
October 04, 2024
Mermaid Subsea Services (UK) Ltd. has successfully completed the first stage of a major North Sea decommissioning contract for Shell U.K. Limited.
News
October 04, 2024
According to new analysis by Wood Mackenzie, the UK government must create a more predictable tax regime for the North Sea oil and gas sector to ensure long-term stability. After a history of ad hoc changes, the need for a clear tax framework has become urgent.
News
October 03, 2024
TÜV Rheinland has acquired Safetec Nordic AS, a leading Norwegian risk management consulting firm, to enhance its global risk, safety, and integrity management services.
News
October 02, 2024
Offshore Energies UK (OEUK) is set to launch a research tool which will provide governments, skills bodies, and the energy industry in the UK with the information needed to have the right people with the right skills in place at the times and locations where they are needed.
News
September 17, 2024
During the five years ending in 2023, companies reduced their pollution by more than 25%, a percentage they originally pledged to achieve by 2027 in the North Sea Transition Deal, according to Offshore Energies UK.
News
September 02, 2024
Over the next five years, almost half of the additional oil and gas production that could have got the go-ahead under the current tax system would be uneconomic under the new proposals, OEUK said in a report. That puts more than 35,000 jobs at risk in 2029 due to projects being shelved, the group said.
News
August 29, 2024
The 3 MW floating wind turbine will be located 2 km west of the Culzean platform, 220 km offshore Scotland. This turbine, expected to be fully operational by end 2025, will supply around 20% of Culzean’s power requirement, thereby reducing its GHG emissions.
News
August 23, 2024
The well, drilled by the Transocean Norge rig, encountered estimated recoverable volumes between 30 million and 140 million barrels of oil equivalent (MMboe).
News
August 14, 2024
Germany will scrutinize an application to drill for natural gas at a protected marine site after explorer One-Dyas BV cleared a key hurdle with local authorities.
News
August 12, 2024
On Monday, Exchequer Secretary to the Treasury, James Murray MP, co-hosted a Fiscal Forum at Offshore Energies UK’s Aberdeen offices with senior industry leaders. The impact of changes to further extend and raise the Energy Profits Levy (EPL), or windfall tax, and the potential removal of critical capital allowances for the sector were central to discussions.
News
August 11, 2024
The Penguins FPSO is a Sevan 400 design with a process capacity of 45,000 bpd and with a storage capacity of 400,000 bbls. The FPSO has been contracted by Fluor and constructed in China, with completion and commissioning at Aibel’s yard in Haugesund, Norway, before handed over to Penguins field operator Shell UK.
News
July 31, 2024
An aging oil province like the North Sea, where most fields are heavily depleted and the remaining untapped resources are costly to develop, cannot tolerate these extra burdens, the oil and gas industry said.
News
July 30, 2024
Viaro will take full ownership of the Bacton onshore gas terminal and 11 offshore facilities that produced around 28,000 boe last year, according to a statement from the company on Tuesday. That’s equivalent to about 5% of total UK gas production, and the company said it sees potential to expand production further.
News
July 21, 2024
Petroleum production in the waters between the UK and Norway peaked some 20 years ago. Yet the offshore industry still supports more than 200,000 jobs and adds billions of pounds to the nation’s GDP, giving it serious economic weight even in its twilight years.
News
July 16, 2024
Repeated delays to well plugging and abandonment (P&A) work, competition for rigs from overseas and cost pressures are pushing up the estimated bill for decommissioning on the UK Continental Shelf, according to the North Sea Transition Authority's new report.
News
July 15, 2024
Ramco Norway has been awarded 80% of the volume of oil and gas pipes running from Equinor at Fjord Base in Florø to the Norwegian Continental Shelf. Additionally, the company has been allocated 100% of the volume from Sandnessjøen and Hammerfest.
News
July 05, 2024
OEUK warned many of the industry’s skilled people and investors remain deeply concerned about Labour proposals for a further windfall tax on homegrown oil and gas production and to end new oil and gas licenses in UK waters. OEUK says such measures would not create the investment conditions the UK needs to deliver the homegrown energy transition needed to kickstart economic growth.
