Subscribe to our Construction Newsfeed
UK Construction Directory
Search our 157,062 companies....

Construction News

05/09/2017

Major Oil And Gas Industry Conference Begins In Scotland

Construction News Image
A major oil and gas industry conference is underway in Aberdeen.

Offshore Europe, the sector's largest conference, is a four-day event attracting a global audience of engineers, technical specialists, industry leaders and experts.

Andrew Jones, the UK Government's Exchequer Secretary to the Treasury, will speak at the conference later today, 05 September.

At the event, he will highlight the opportunity to establish the North Sea as a global leader in the decommissioning sector.

The cleaning up and dismantling old oil rigs and pipelines must be carried out by all operators once they have finished extracting oil and gas in the UK. The North Sea is one of the first regions in the world to start decommissioning on such a large scale.
-- Advertisement --
hss



The Oil and Gas Authority (OGA) forecasts that UK oil and gas operators will spend almost £60 billion on decommissioning between now and the 2050s

Minister Jones said: "The UK oil and gas industry supports 300,000 jobs, and with up to 20 billion barrels of oil yet to recover, has many productive years ahead. As the need for decommissioning grows, we must seize the opportunity to cement the UK as a world-leader in this field and export this knowledge globally.

"Efficient decommissioning means big changes to the oil and gas industry – requiring new technology, skills and innovative approaches. This will ensure that decommissioning is safe and cost-effective while also protecting the environment."

Chief Executive of The OGA, Andy Samuel, said: "Decommissioning presents great opportunities for innovation and the development of UK skills and capability.

"We are working closely with operators and service providers and are already seeing some great performance in cost efficient decommissioning, new collaborations and technology trials. This bodes well for the shared target of 35% cost reductions and the considerable domestic and export value that can be realised."

(LM)

Latest Construction News

17/04/2025
Willmott Dixon has been selected by Oldham Council to build a new Visitor Centre and Forestry Skills Centre at Northern Roots, the UK's largest urban farm and eco-park. The development marks a major milestone in the transformation of 160 acres of green space at the heart of Oldham, part of the coun
17/04/2025
A groundbreaking ceremony has officially marked the commencement of construction for Versa, a state-of-the-art laboratory facility at King's Cross. The project, which is being delivered by Morgan Sindall Construction, has been commissioned by Kadans Science Partner, a prominent European investor s
17/04/2025
A major milestone has been reached on Skanska's A428 improvement scheme, as the project team connected the new A428 and B1040 roads over a newly constructed bridge and opened it to traffic last weekend. The achievement marks a crucial step forward in the project, enabling access to part of the main
17/04/2025
Our welfare unit hire division offers innovative ecowelfare units ready to be delivered nationwide and available in a range of configurations to accommodate 7, 12, or 15 persons with our most popular unit being our 12ft model fitted with advanced solar panels means there is no noise or vibrations f
17/04/2025
Huddersfield Station will temporarily close from Saturday 30 August to Monday 29 September 2025 to allow for a critical phase of engineering work as part of the Transpennine Route Upgrade (TRU). The closure will enable extensive track and platform remodelling at the Grade I listed station, which ha
17/04/2025
Visitors to Mumbles over the Easter holidays can now enjoy the transformed promenade, as major upgrades under the Mumbles Coastal Protection Project near completion. Contractors have begun laying a durable buff-coloured top surface, replacing the previously installed black Tarmac. The fresh finish
17/04/2025
Herefordshire Council has secured £1 million in funding from the government’s Public Sector Decarbonisation Scheme, to redevelop Hereford's Museum and Art Gallery into one of the most energy-efficient heritage public buildings in the UK. The funding will be used to install a low carbon heating syst
17/04/2025
David Lloyd Leisure, Europe's leading health, fitness and wellness group, has submitted a planning application to Wirral Council for a new club at Wirral Waters. The proposed club, set to create up to 100 permanent jobs upon completion, will be located at Peel Waters’ Bidston Dock site off Wallasey
16/04/2025
Pennyfarthing Homes has officially broken ground at Danes Park in New Milton, launching construction on a significant new residential development that will deliver 164 homes. To mark the milestone, directors from Pennyfarthing Homes welcomed Councillor Steve Davies, Portfolio Holder for Housing and
16/04/2025
GMI Construction Group is celebrating the official opening of Dakota Newcastle, the North East's first Dakota Hotel, situated on Newcastle's Quayside. The 118-room luxury boutique hotel, located at St Anne's Wharf, has welcomed its first guests and is poised to become a major addition to the region
BRICOFLOR UKLakeside HireT & D Glazing And Installation LimitedEfco UK LtdStuart CanvasAqua Direct LtdAtspeed Steels & LintelsAccess Panels DirectRapierstar LtdFW Supplies