News

UKCS operating costs decrease by 14% in 2016, falling for second consecutive year

Operating costs in the UK Continental Shelf (UKCS) dropped by 14% in 2016 with operators securing approximately £1.1 billion reductions in operating expenditure (OPEX).

Cable theft still plagues the rail industry

Increasing cable thefts on the rail network as the price of copper has increased in 2017. The solution being proposed is to reduce the amount of copper used, replacing part...

£2million available for new ideas

The Oil and Gas Technology Centre (OGTC) is ready to provide a further boost to the North Sea by investing another £2million through its latest “calls for ideas”.

Consultation on “satisfactory expected commercial return” safeguard (SECR)

The Oil and Gas Authority (OGA) has launched a consultation on the OGA’s approach to assessing the “satisfactory expected commercial return” (SECR) safeguard as set out in the MER UK Strategy.

Growth for green cement

The green cement market is set for increased growth.

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