Offshore Energies UK

The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.

Offshore Energies UK and Xodus are launching an offshore nesting bird census to get a better understanding of how the animals use oil and gas structures in an effort to protect them.

The 2023 Offshore Energy Digital and Data Maturity Survey report aims to deepen understanding of how organizations are applying data and digital technologies to help transform the UK energy system to achieve net zero targets.

Offshore oil and gas companies should expect continued scrutiny of their health and safety practices in 2024 despite a recent report suggesting that the industry has never been safer to work in, experts say.