Oil & GAS UK

Oil & Gas UK has published an Overview and Priorities document that outlines our role, new structure and key priorities.

Business Outlook 2017

Oil & Gas UK’s Business Outlook 2017 reflects on the sector’s past performance and assesses its future prospects. The information that forms the basis of this report is provided by our members from across the industry, uniquely positioning us to set out the business outlook for the whole sector.

Economic Report 2016

Report highlights improved competitiveness of UK oil and gas industry but fresh investment is now vital

September 27, 2016

  • Industry efficiencies are driving a 45% drop in the cost of extracting a barrel of oil or gas from the UKCS
  • Production up by 10.4% in 2015, the first increase in 15 years
  • Major challenges remain, with record low exploration and a lack of capital investment