Connect with a UK company

Energy Industry (Upstream Oil & Gas and Renewables)

Welcome to the home of oil and gas innovation

Over the past 50 years, the UK’s oil and gas industry has bolstered an unrivalled depth of knowledge, underpinned by academic, engineering and professional excellence.

A trusted, valuable partner in major oil and gas projects globally including Azerbaijan, Brazil, East Africa, India, Iraq, Kazakhstan, Mexico, Nigeria, Norway, Oman and Saudi Arabia.

Why Partner with the UK Oil & Gas Industry?

QUALITY

A proven reputation and guarantee of high quality goods and services:

  • World-leading expertise in offshore oil and gas production.
  • World-class supply chain.
  • Unrivalled decommissioning expertise.

RELIABILITY

The ability to deliver contracts consistently, as and when required.

SECURITY

An understanding of the value of:

  • Stable, long-term business partnerships.
  • Commercial security, vital when dealing with technical equipment.
45%
UK’s global market share in subsea technologies
Source: The Oil and Gas Authority, 2016

Advanced offshore oil production technology

The UK is home to cutting-edge innovations for exploring and producing oil and gas in dangerous and difficult offshore environments:

  • The design, manufacturing and operation of subsea technologies, especially Remotely Operated Vehicles (ROVs) and Autonomous Underwater Vehicles (AUVs).
  • Unrivalled expertise in the more challenging extraction methods such as Heavy Oil, High Pressure/High Temperature (HP/HT), Enhanced Oil Recovery (EOR) and Improved Oil Recovery (IOR) technologies.
  • Geophysical imaging and analysis, along with 4D data interpretation which enables us to explore and operate more efficiently at even greater depths.

Specialist engineering, products and services

Exploration and development of the UK’s oil and gas reserves over the past 50 years have resulted in one of the most innovative and dynamic supply chains in the world.

With over 3,000 businesses, these are some of the strengths in our supply chain which companies globally rely on:

  • Safety
  • Subsea engineering
  • High Pressure/High Temperature (HP/HT) field developments
  • Oil and gas process machinery, equipment and technology
  • Deep water oil and gas developments
  • Integrated services for the operation and maintenance of fields
  • Late life operation of mature fields
  • Decommissioning

Market-leading decommissioning capabilities

As fields mature, decommissioning will increase in importance. There are currently 153 decommissioning projects active on the UK Continental Shelf.
In 2014, expenditure hit the £1 billion mark and is forecast to rise to £2 billion by 2018.

The UK is currently pioneering advances in technical, commercial and operational solutions to lower the cost of decommissioning while maintaining high safety and environmental standards.

Work with British companies to meet or exceed international safety and environmental standards for the re-use, recycling or disposal of decommissioned assets.

World-class commercial, digital and collaborative expertise

Alongside global partners, UK training institutions can be found in most international oil and gas hubs to build capacity and deliver success in other countries.

In response to price instabilities, the UK has developed industry-wide initiatives to lower costs, improve performance and unlock efficiencies. Central to this process is the development and adoption of new digital and collaborative technologies. Such initiatives are delivering significant gains to the UK industry – unit operating costs have fallen from their peak in 2014 of $29.30 barrels of oil equivalent (BOE) to just $15.30 BOE in 2016.

Well into the future, oil and gas will continue to be significant in the global energy mix, yet it will be harder to reach and more difficult to produce.

Leading the way in securing the world’s energy needs, the UK also offers innovative solutions in the renewables industry.

Commercial help and support

The UK’s Department for International Trade has commercial officers in more than 100 locations across the world. They can connect you to UK capability, and UK Export Finance who can support the purchase of UK goods and services.

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