News Oil & Gas

UK oil and gas supply chain needs energy transition deals

The UK’s oil and gas sector had a unique role to play in the energy transition but commercial opportunities also had to be created, said members of an industry task force. Director with the Oil and Gas Authority (OGA) Stuart Payne and Petrofac COO John Pearson set out their ideas on how the industry could […]

News Oil & Gas

OGA notes joint power sites for oil-gas and wind farms

Shared electrification of offshore oil and gas industry and wind farms aimed at reducing greenhouse gas emissions has taken a step further by the Oil & Gas Authority (OGA). Areas identified with the most significant opportunities are West of Shetland, the Outer Moray Firth, Central North Sea and Southern North Sea. The OGA stated that […]

News Oil & Gas

UKCS production losses fall 25% as efficiency rises

The UK Continental Shelf (UKCS) last year saw an improved production efficiency for the seventh consecutive year and for 2019 reached 80%, three years ahead of the 2022 target. REGIONS Figures from the 2019 Production Efficiency Report by the Oil and Gas Authority (OGA) show an increase of five percentage points from 2018, with every […]