Aberdeen Breakfast Briefing – An audience with Sir Ian Wood

Thursday 27 March 2014 Speaking publically for the first time since the release of his final report into Maximising Recovery from the UK Continental Shelf (UKCS), Sir Ian Wood today addressed Oil & Gas UK’s biggest ever audience, outlining his proposals and the opportunities and challenges facing the new industry regulator, selling out the Aberdeen Read the full article…


Oil & Gas UK supports positive fiscal moves for North Sea but is perplexed by move against drilling rigs

Industry trade body Oil & Gas UK warmly welcomes the UK Government’s support for the recommendations of the Wood Report and the review of the industry’s tax regime announced by the Chancellor in the Budget today (19 March 2014) to address the challenges and opportunities faced by the mature North Sea. The consultation on a Read the full article…


Oil & Gas UK Activity Survey highlights industry paradox

Oil & Gas UK publishes its Activity Survey 2014 today (25 February), highlighting the contradictions currently at play in the UK offshore oil and gas sector. The industry trade body’s annual report on oil and gas exploration, production and investment activities forecasts capital expenditure of around £13 billion in 2014, the second highest year for investment on Read the full article…