OEUK news

Reinvention of the UK oil and gas industry key to delivering energy transition

27 November 2019

Prominent figures from across the North Sea’s oil and gas industry will come together on 3 December to launch a vital piece of industry research and to discuss practical steps that are being taken by industry to help deliver the energy transition.

Will Webster, report author and energy policy manager OGUK, will present the findings of OGUK’s key report “Energy Transition Outlook 2019” at the final OGUK business breakfast of the year, sponsored by Deloitte and hosted at the P&J Live. The report outlines what the industry has achieved over the last year and explores in detail what is now required to move the UK closer to the government’s net-zero objective.

Will is joined by a panel of distinguished industry leaders, including Ariel Flores, Regional President, BP North Sea, Steve Phimister, VP UK Upstream, Shell U.K. Limited and Troy Stewart, Head of Energy Industries UK and Ireland, ABB who will give their view on how industry is tackling the challenges and opportunities presented by the energy transition. Joining them for an interactive panel session will be Myrtle Dawes, Solution Centre Director at The Oil & Gas Technology Centre, giving delegates the opportunity to have their questions answered.

Deirdre Michie, Chief Executive OGUK and panel chair, said:

“Our industry is renowned for its people, skills and capacity to solve problems and find solutions. This is a powerful and positive combination that is already being deployed to ensure the North Sea plays its part in the energy transition. Alongside delivering the energy we need, the sector is already focussed on lowering its own emissions and helping deliver a net-zero economy in the decades to come and our flagship report puts a spotlight on the important role our industry needs to take.

Graham Hollis, Aberdeen office senior partner for event sponsor Deloitte, said:

“It’s great to see this important topic discussed at the final OGUK business breakfast this year. Since the Energy Transition report was launched last December, companies and bodies from across the sector have united to take bold steps towards delivering a net-zero oil and gas basin. It is important to reflect on these and celebrate the industry’s collective drive to achieve the UK and Scottish Government’s net zero carbon targets.

“Looking to the future, the expert workforce and dynamic infrastructure of the oil and gas industry is uniquely placed to pioneer new projects such as carbon capture and storage, and it will be great to see so many key players come together to discuss the opportunities and challenges the industry faces.”

 


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