The North Sea will need investment of £200billion in order to add another generation to its production life, according to a flagship report published today.
Oil and Gas UK
Around £200 billion will need to be spent to add a generation of productive life to the UK Continental Shelf (UKCS), according to a new report.
Rocket launches from Sutherland could require safety measures to reduce risks to workers on North Sea oil and gas platforms - and residents of the Faroe Islands.
Oil companies will pay their fair share of the multi-billion pound UK North Sea decommissioning bill, a trade body has said.
Business leaders were warned yesterday that signs of “regression” were emerging on North Sea collaboration as activity picks up.
The UK has shown carbon emissions can be reduced “without breaking the economy”, a climate change watchdog said yesterday.
The oil and gas industry was last night warned it will feel the hit of increased costs in retaining skilled workers as a result of Theresa May’s “unclear” draft Brexit deal.
Oil and Gas UK (OGUK) has welcomed the long-awaited publication of the draft Brexit withdrawal agreement.
Beaming family and friends looked proudly on from within the glittering ballroom in Aberdeen’s Hilton Treetops hotel yesterday as their loved ones graduated from the North East of Scotland College.
The oil and gas industry welcomed the chancellor’s announcement on stable tax measures and plans to make Scotland a “global decommissioning hub”.
There were almost 100 oil and gas releases in the North Sea last year, according to new figures.
A north-east MP has claimed there is too much “scaremongering” over Brexit after oil and gas leaders warned that North Sea platforms could be shut down.
The names of every man who died in the Piper Alpha disaster will be read aloud at a special memorial service next week.
The man responsible for the exhaustive public inquiry into the Piper Alpha disaster has condemned management for ignoring “warning signs” the tragedy could take place.
Ruth Davidson has signalled that the North Sea oil and gas industry could be close to securing a £1trillion boost from the UK Government.
The resurgent North Sea oil and gas industry is poised to pay more than £1billion in tax this year – and the SNP has called for the cash to be reinvested in the sector.
Post-Brexit visas could lead to the oil industry losing workers to other countries, an Oil and Gas UK (OGUK) manager has told MPs.
Scotland’s oil and gas industry kept a stiff upper lip after UK Chancellor Phillip Hammond’s first Autumn Statement failed to deliver further support for the North Sea as it faces record low exploration, sluggish investment and tens of thousands of job cuts.
A £825million "renaissance" of the north-east economy has begun to take shape as the first of the City Region Deal cash arrives in the region.
Oil and Gas UK (OGUK) chief executive Deirdre Michie last night called on the UK Government to build on the support it has already given the industry.
The chief executive of Oil and Gas UK said the industry is still a “major tax contributor” after a report claimed some operators had links to tax havens.
Economy Secretary Keith Brown will visit Aberdeen next week as part of Oil and Gas UK's annual conference.
Shetland fishing chiefs have accused French oil and gas giant Total of inaction over dangers faced by boats in Yell Sound.
Energy Voice has called on the global energy sector to participate in the final part of its landmark research launched to mark 50 years in oil and gas exploration in the North Sea.
The leader of Aberdeen’s council has backed a 20-year vision to revive the city centre – despite concerns that it is totally dependent on government funding.
A north-east MSP is inviting her fellow parliamentarians to support the campaign for an Aberdeen City Region Deal to boost the north-east economy.
The leader of the Scottish Conservatives is confident George Osborne will help the oil industry in his budget next week.
Offshore workers have undergone a sizeable change in body shape and build over the past 30 years –partly due to “comfort eating”.
George Osborne held talks with oil and gas leaders yesterday amid fresh hopes that he will slash North Sea taxes next month.
A new report has predicted that the UK oil and gas industry could shed up to 35,000 jobs in the next five years. David McKay talks to Aberdeen City Council leader Jenny Laing about what role the local authority can play in helping retain firms in Europe's oil capital.
The UK oil and gas industry will shed up to 35,000 jobs over the next five years as major firms cut spending plans in the North Sea, a report predicts.
Danny Alexander has pledged to deliver "positive" tax news to offshore firms next month as part of a package of measures to secure the future of the sector.