Oil and gas bosses have praised the industry’s “continuing efforts” after production efficiency on the UK Continental Shelf hit the Holy Grail of 80% last year.
Forecasts for future demand and supply may fluctuate, but cutting costs and increasing efficiency will serve Abu Dhabi in the long term, Minister of Energy and Industry Suhail Al Mazroui said during a panel discussion at ADIPEC.
A flagship home energy efficiency policy which cost taxpayers £240 million failed to deliver energy and carbon savings, the National Audit Office has said. Improving energy efficiency in the UK’s 27 million homes, which are responsible for more than a quarter of the country’s energy demand and greenhouse gas emissions, is seen as key to tackling climate change, energy security and fuel poverty.
The Government has been accused of endangering lives by failing to give more support for home energy efficiency.
A £14 million fund is to be shared by local authorities to make homes, public buildings and businesses more energy efficient, Social Justice Secretary Alex Neil has announced. Scotland’s Energy Efficiency Programme (Seep) will help improve warmth in buildings and homes, cut energy bills and work towards reaching climate-change targets.
Two companies are leading the way as they look at production efficiency challenges and how they can be overcome in the North Sea oil and gas industry. In a new whitepaper, both EnQuest and Wintershall explain how they are also working on future considerations and development plans within the UKCS.