The Institute boasts a wide demographic, with a third of all members being under the age of 35. To ensure the needs of these younger members were met, in 1967 the Institute formed the Younger Members’ Committee (YMC). Half a century later, the YMC celebrated with a special 50 th Anniversary Dinner at IOM3 headquarters, London.
The United Kingdom’s latest offshore licensing round has attracted 96 applications covering 239 blocks in the main oil and gas producing areas of the UK Continental Shelf (UKCS). Applications were received from 68 companies ranging from multinationals to new country entrants.