Regulation and Policy

UK trade body likes fiscal reform ideas but urges swift action

Dec 7, 2014

UK industry trade body Oil & Gas UK (OGUK) has urged the government to act fast on its proposals to lighten the tax load on North Sea operators because the industry is at a “...

BG Group’s European exploration boss to lead new UK regulator

Nov 8, 2014

Andy Samuel will be chief executive of the Oil and Gas Authority (OGA), the brand new regulator for the UK’s offshore industry.

Offshore investment “to halve by 2017” without swift tax reform, warns UK trade body

Nov 8, 2014

The UK’s oil and gas trade body has ramped up pressure on government to reform its tax regime in the face of escalating costs and falling oil prices, or see investment drop by 50%...

Concern voiced over too few wells in latest UK North Sea licensing round

Nov 8, 2014

Government calls it one of the biggest rounds ever, but trade body asks, where are the wells?

Anadarko to share exclusive deepwater insight at annual decom summit

Oct 29, 2014

Anadarko, alongside InterMoor and Versabar, will share lessons learned from the recent Red Hawk spar decommissioning project as part of a full-day deepwater session at DecomWorld’s...

Platform owner ATP to pay $1m after unauthorized oil discharges in Gulf of Mexico

Oct 29, 2014

BSEE and EPA secure settlement in first joint judicial enforcement action under Clean Water Act and Outer Continental Shelf Lands Act

UK trade body issues Ebola safety guidelines for offshore workers

Oct 15, 2014

Oil and gas workers returning from Ebola-affected countries in Africa should delay going offshore for 21 days, according to guidance issued this week by UK trade body, Oil & Gas UK.

UK decom sector faces looming knowledge and skills gap, Arup warns

Oct 15, 2014

A number of challenges including a lack of skilled workers and the disappearance of vital knowledge will beset the decommissioning sector in the UK North Sea in coming decades, warns a...

Uncertain future for UK offshore sector without radical action, trade body warns

Oct 1, 2014

The UK’s oil and gas trade body has issued a sharp warning that without a whole new approach to collaboration and “radical” fiscal reform, the future of the UK offshore oil and gas...

Decommissioning concerns voiced as Scottish referendum nears

Sep 15, 2014

Bankers and lawyers have warned of legal battles and delays to decommissioning projects in the North Sea if Scotland votes for independence in Thursday’s referendum.

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