Media Centre

Press Releases

The third and final reading of the Infrastructure Bill on Monday will be a crucial milestone on the way to securing the future of the UK’s valuable offshore oil and Read more
Friday 23 January 2015
Oil & Gas UK welcomes the Government’s announcement today (22 January) of a further consultation into a basin-wide Investment Allowance as  a positive signal to investors but urges its delivery Read more
Thursday 22 January 2015
Today's discussions with Union representatives were open and constructive. Oil & Gas UK talked about how best the industry could work with the Unions to protect the long term future Read more
Friday 16 January 2015
Malcolm Webb, Oil & Gas UK’s chief executive, said: “Yesterday’s (15 January) meeting with the Secretary of State for Energy, Edward Davey MP, and the Secretary of State for Scotland, Read more
Friday 16 January 2015
Malcolm Webb, chief executive of Oil & Gas UK, said: "While Oil & Gas UK cannot comment on the commercial decisions made by its members, the industry trade body recognises Read more
Thursday 15 January 2015
Malcolm Webb, Oil & Gas UK’s chief executive, said: “Today’s meeting of PILOT, the government-industry forum focused on maximising economic recovery of the UK’s oil and gas resource, provided a Read more
Tuesday 13 January 2015
Malcolm Webb, Oil & Gas UK’s chief executive, said: “Evidence of the threat from the falling oil price to UK investment and jobs is mounting daily with oil and gas Read more
Monday 12 January 2015
Malcolm Webb, Oil & Gas UK’s chief executive, responded to the Scottish Government’s announcement regarding the UK oil and gas tax regime, saying:  “Sharply falling oil prices are now adding Read more
Thursday 8 January 2015
The search gets underway today (January 7) for the men, women and companies doing their utmost to ensure the activities of Britain’s offshore oil and gas industry are as safe Read more
Wednesday 7 January 2015
Malcolm Webb, chief executive of Oil & Gas UK, said: “The UK oil and gas industry is facing a particularly testing time with the sharp decline in oil price. If Read more
Tuesday 6 January 2015
Oil & Gas UK's economics and commercial director, Mike Tholen commented: "The UK oil and gas industry is facing a serious challenge. The falling oil price is affecting activity across Read more
Thursday 18 December 2014
The oil and gas industry, which currently supports one in 80 jobs across the UK, will provide careers for some 12,000 new entrants over the next five years according to Read more
Tuesday 9 December 2014
Oil & Gas UK welcomes the Government’s long term plans for North Sea fiscal reform announced in Aberdeen today (4 December) by the Rt Hon Danny Alexander MP, Chief Secretary Read more
Thursday 4 December 2014
Today’s announcement from the Chancellor George Osborne, that the ‘vital’ UK offshore oil and gas industry is to see an immediate reduction of two percentage points in its tax rate, Read more
Wednesday 3 December 2014
Oil & Gas UK has today (24 November) published two updated sets of guidelines to help operators of Floating Production Storage and Offloading facilities (FPSOs), Floating Storage Units (FSUs) and Read more
Monday 24 November 2014
Oil & Gas UK congratulates Nicola Sturgeon on becoming leader of the SNP and First Minister of Scotland. As the largest trade association for the offshore oil and gas industry Read more
Thursday 20 November 2014
 “Technology - A new way forward for the UKCS?” is the title of the next Oil & Gas UK breakfast briefing at the Aberdeen Exhibition and Conference Centre on December Read more
Thursday 20 November 2014
The environmental performance of the UK offshore industry is captured in an Oil & Gas UK report published today (November 19). Emissions to the atmosphere, discharges to the sea, waste Read more
Wednesday 19 November 2014
At the PETEX 2014 conference in London today (November 18) Oil & Gas UK announced the kick- off of two projects aimed at stimulating exploration on the UK Continental Shelf Read more
Tuesday 18 November 2014
The production of offshore oil and gas is subject to the highest corporate taxes in the UK, ranging from 62 to 81 per cent. Tailored tax allowances, introduced by this Read more
Friday 14 November 2014