Oil & Gas UK Shows Leadership for UKCS Activities

Oil & Gas UK launched on Thursday a new category for the sector’s ninth annual awards evening, indicating that the industry is trying to join forces to cope with the current low price environment and trigger an increase in exploration in UK waters. 

The Oil & Gas UK Awards 2015, sponsored by Shell U.K. Limited, will take place at Aberdeen’s Exhibition and Conference Centre on Thursday 5th November. 

“Industry as a whole is putting a great deal of effort into improving its performance – and I look forward to hearing just some of those examples of excellence on the night” Oil & Gas UK’s chief executive, Deirdre Michie, commented in a note. 

Judges will be looking for nominations from companies of all sizes that are currently active on the UKCS and have demonstrated strong leadership in pioneering successful new ways of working in the region which can be shared and adopted across the industry. 

“We are seeing a real commitment from operators and service companies to find new, more efficient ways of working that can be sustained over the long term and help create a positive future for the industry” Andy Samuel, chief executive, Oil and Gas Authority added. 

According to the organisation, the decision follows on from a move last year to change the structure of its awards categories, with the two company awards: the Oil & Gas UK Award for Investment in People and the Oil & Gas UK Award for Business Innovation; split into two categories for large and smaller companies.

On Monday, the organisation released a report saying that UKCS production increased 2.5% in the first half of 2015.