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The Latest Breaking News from OEUK

‘Significant improvements’ needed to meet offshore renewable targets – report

The UK Government plans to increase its offshore renewable energy targets four-fold by 2030.

The Independent UK

Proposed Rosebank oil field 'will have lowest possible carbon footprint'

Proposed Rosebank oil field 'will have lowest possible carbon footprint'

Equinor says a final investment decision could happen next year

Offshore Energies UK starts search for new CEO

Offshore Energies UK starts search for new CEO

Deirdre Michie will step down in December after eight years in the role

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UK blasted over 'incomprehensible' lack of clarity on major carbon capture funding

THE UK Government has been blasted for an "incomprehensible" lack of clarity over the timeline of a major carbon capture project.

The National (Scotland)

Windfall tax ‘won’t help’ cost of living crisis energy firms say as 31 call on Sunak to ditch idea

Signatories warn that the industry is only in the early days of a recovery.

The Independent UK

Eco activists 'could undermine security and hinder net-zero bid'

Offshore energy body issues warning to organisations

Eco activists ‘could undermine energy security and hinder net-zero effort’

Offshore Energies UK said the industry is ‘aligned with their long-term vision’.

The Independent UK

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Oil and gas industry calls on Johnson to reject windfall tax proposal

Oil and gas industry calls on Johnson to reject windfall tax proposal

Signatories warn that the industry is only in the early days of a recovery.

The Independent UK

Oil and gas industry defends North Sea spending levels as Kwarteng urges more

Oil and gas industry defends North Sea spending levels as Kwarteng urges more

Business secretary calls for increased investment by energy producers to avoid being hit with tax on soaring profits

The Guardian - UK

North Sea can provide ‘secure and safe energy’ for next 50 years

North Sea can provide ‘secure and safe energy’ for next 50 years

Industry body's chief executive makes plea ahead of UK Government's energy security strategy publication

North Sea can provide ‘secure, safe energy’ for next 50 years – industry chief

North Sea can provide ‘secure, safe energy’ for next 50 years – industry chief

Deirdre Michie, of Offshore Energies UK, said energy security is now a national security issue due to the invasion of Ukraine.

The Independent UK

Investment plea after gas supplies from Norway outstrip those from the North Sea

Investment plea after gas supplies from Norway outstrip those from the North Sea

Supplies from a single other country are larger than domestic supply for the first time

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