Managing Waste and Emissions

Managing Waste and Emissions

Source of emissions Like any industry, the offshore oil and gas industry inevitably generates several waste streams during exploration and production activities. These waste streams are of two types: operational wastes that are discharged to sea under permit or authorisation, for example produced water other wastes, which are unwanted materials that are stored on the […]

Key Facts about Gas and Oil Operations

Key Facts about Gas and Oil Operations

Key facts 99% of UK oil and gas occurs in the UK continental shelf (UKCS). There is a network of 14,000 km of pipelines linking 113 oil platforms, 189 gas platforms and a large number of subsea installations. There are 337 producing fields, including four which started production in 2014. Since 1965, over 4,300 exploration […]

Latest Oil Recovery Technology

Latest Oil Recovery Technology

Continued investment in new technologies used to interpret hydrocarbon-bearing rock structures is a crucial factor in maximising recovery of the UKs remaining offshore resource of up to 24 billion barrels of oil equivalent (boe). With industry tackling ever deeper and more complex reservoirs, the challenge of extracting commercial amounts of oil and gas is growing […]

The Future of Gas

The Future of Gas

The Governments proposed reforms to the electricity market have been eagerly awaited. We are pleased that the Department of Energy and Climate Change (DECC) sought evidence earlier this year on the role of gas generation. This is a welcome sign that DECC recognises the importance of gas in ensuring we are all reliably supplied with […]

Latest Budget and Fuel Prices

Latest Budget and Fuel Prices

Despite this being a mature and relatively high cost province, our forecasts showed that our oil and gas company members had a new and growing confidence in the stability of the UK regime and as a result were investing 8 billion this year and had plans to invest 40 billion or more over the next […]

Latest on Carbon Capture and Storage

Latest on Carbon Capture and Storage

Carbon Capture and Storage: from Theory to Practice one hundred delegates gathered at A breakfast briefing in London to hear about the exciting role the UK oil and gas industry can play in carbon capture and storage (CCS), which is emerging as one of the most important technologies for reducing the release of carbon dioxide […]

The Economics of Gas and Energy in the UK

The Economics of Gas and Energy in the UK

Energy Investing 2017 In 2017, capital investment in the UK offshore oil and gas industry was 14.8 billion The industry spent 9.6 billion operating its assets The industry paid 4.7 billion in production taxes in 2016/17 The UK-wide supply chain is worth 35 billion, including 15 billion in the export of oilfield goods and services […]

Understanding EU Legislation

Understanding EU Legislation

Understanding EU Legislation Legislation issued by the European Union (in the form of regulations, directives and decisions) has the potential to affect the UK offshore oil and gas sector. The European Parliament is the democratically elected body within the EU and directly contributes to the legislative procedure. In many areas the ‘co-decision’ principle applies in […]

New Gas Technologies

New Gas Technologies

From deep offshore reserves to unconventional gas resources, the industry is working hard to extract the worlds remaining energy resources using the safest and most cost effective methods and never has the work of the Industry Technology Facilitator, ITF, been more crucial. ITF plays an important role in developing pioneering tools and technologies to unlock […]

The Environmental Responsibilities of Fuel Companies

The Environmental Responsibilities of Fuel Companies

The industry takes its responsibility towards the environment very seriously and works with Government and stakeholders to minimise the environmental footprint of operations. Finding and producing oil and gas is an industrial process that, inevitably, has some degree of impact on the environment and the challenge is to balance this with the benefits that society […]