Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

‘There’s life in the old dog yet’ – NexGen panel set out future for North Sea

© Equinorfloating wind Equinor's rosebank
An illustration of the Hywind Tampen floating wind farm that will power oil and gas platforms.

North Sea firms will need to “come together and work differently” in order to take full advantage of the UK Government’s transition deal.

Speaking during the afternoon session at Energy Voice’s NexGen Energy event, Peterson’s executive director, Sarah Moore said the sector needs to “embrace” the challenge of decarbonisation.

She added that “with the benefit of hindsight” the industry should have looked at transitioning earlier, but that it couldn’t “hang too much on the past”.

“We need to draw a line, say it’s here now and look at embracing it to drive that change going forward. I welcome the announcement, I would just implore the operator community and the supply chain, whether that’s in traditional oil and gas or clean energy, to come together and work differently so we can really leverage what is coming towards us,” Moore said.

She also highlighted the need for firms to act swiftly, saying actions taken “before the pubs reopen” will contribute to making net zero goals a reality.

© Supplied by Peterson
Sarah Moore, executive director at Peterson.

Westminster published details of its £16 billion North Sea Transition Deal with much fanfare last week.

The policy aims to help the oil and gas industry move towards a low carbon future while securing tens of thousands of jobs.

During the NexGen session, which also featured speakers from Skills Development Scotland and Wood, attendees were asked whether they think the North Sea deal will have a “positive impact on the sector’s ability to reskill/retrain workers?”.

A landslide 83.6% of respondents said they thought it would, compared to just 16.4% who disagreed.

Lucy Harper, environmental advisor at BP, said the results demonstrated the level of optimism in the industry about the energy transition.

However, she stressed that there’s “still a long way to go”, adding that if ministers hadn’t published the deal in March then it “potentially would have been too late”.

Gender Equality

Despite an increases focus on gender diversity within the industry in recent years, oil and gas is still very much a boys club. As it stands, women only account for 22% of the sector’s workforce, with that figure being “substantially lower” for management, said Debra Bruce, managing director at TEXO Recruitment.

In order to address these disparities, Bruce called for companies to be “open minded”.

She said: “From the top down, firms need to make sure that diversity is spoken about to make sure that nobody is missing out on opportunities.”

Moore added that there’s a “marked difference” in the makeup of the sector compared to 20 years ago, but that employers need to work to make themselves attractive otherwise the future generation of talent will “vote with their feet”.

She added: “We shouldn’t be afraid to talk about things like paternity policies and flexibility, not just the salaries that they’re going to take home. It’s that combination that’s going to attract the next generation and make it diverse.”

Recommended for you

More from Energy Voice

Latest Posts