Along with renewables, energy efficiency, nuclear, land reform, BECCS, biofuels and batteries I am convinced that hydrogen will be key enabler to deliver net zero.
The imperative to tackle our contribution to climate change is driving activity towards the energy transition faster than most of us thought possible.
Thirty years ago, legislation to privatise Scotland’s electricity industry was completing its passage through parliament. It created outcomes which were never intended and are ripe for review.
This year has seen much greater and very welcome stability return to the oil and gas industry, thanks in no small part to a reduction in oil price volatility that has plagued the sector in recent years.
The Danish philosopher Soren Kierkegaard said, “Life can only be understood backwards; but it must be lived forwards.”
News last week that Russian firm Zarubezhneft was being considered for the development of an offshore oil concession in Oman brought into sharp focus the lack of update provided since the country’s 2019 bid round closed in May.
Well I think 2019 has been a terrible year.
As we approach the end of another eventful year in oil and gas, it’s timely to reflect on the significant progress made by the industry’s technology leadership board (TLB) to articulate and realise its strategy over the last 12 months.
Last month the UK Government took the energy industry by surprise by announcing a moratorium on the quest for shale gas onshore in England.
Few would doubt that the transition to low carbon provides the renewables industry with a massive opportunity.
Companies that have relied on the expertise of foreign nationals to provide leadership are looking increasingly to their own citizens to fill these positions.
Reviewing the past year is made much easier for me by our annual publication on legal developments in oil and gas, the latest edition of which came out in September.
I was asked to present a view on deal flow in Aberdeen. Not a bland “it’s getting better, albeit still challenging” comment, but something more realistic, perhaps more honest, based on what we’re seeing in the day-to-day.
Nearly two years ago BP approached me to support the development of a course on greenhouse gas reduction and energy efficiency.
A wise man once said: “Be the change you want to see in the world.”
Change is a constant development in the North Sea – it challenges us, presents opportunities and asks us to keep thinking differently.
The white heat of digital technology has greatly intensified during 2019. The Fourth Industrial Revolution is massively disrupting and transforming our industry and society all around us.
In September, a swarm of drones and missiles crashed into the oil-processing facilities of Abqaiq and Khurais - the heart of the Saudi oil industry. It was the most devastating attack in the industry’s history, and the latest spasm of violence in a region that has witnessed a series of attacks on oil tankers and pipelines over the summer months.
The giant novelty cheque.
The following figure is from the Government produced ‘UK greenhouse gas (GHG) emissions national statistics 1990 – 2017’. The bar chart shows the main sectors contributing to GHG emissions.
Throughout my time in the upstream oil and gas industry I have always considered Norway to be best in class when it comes to environmental management.
I’m hopping mad at Labour’s £11billion windfall tax on the oil and gas industry proposal in its manifesto.
The OECD’s 2019 workplan on addressing the tax challenges of the digitalised economy looks set to be a major overhaul of the international taxation system.
Derek Leith’s recent Energy Voice post – Busting the decommissioning tax myths - has resulted in a lot of mud being thrown at me.
I recently presented at a UK Oil and Gas Law Seminar where the keynote speaker was Mike Tholen (Upstream Policy Director Oil & Gas UK).