The biggest change I have seen in 2019 is the move by the oil and gas industry towards a net zero future. There have been many factors that have influenced this change, from the social public push through to the active and engaged conversation the industry has been having around Roadmap 2035 (what we will look like in 2035).
By Hari Vamadevan, senior VP and regional manager for UK & West Africa, DNV GL – Oil & Gas
The North Sea is known for adapting to change and this year has demonstrated an indication of resilience in the sector. Confidence has slowly returned to a market which has changed dramatically in the last five years.
As 2019 comes to a close, the UK energy sector trade body has produced a video highlighting some of the main developments for the industry over the last year.
Everyone agrees that 2020 will be a critical year for energy transition, but how will things really play out? In the run-up to Christmas, Calash and Candour put their heads together over a glass or two of crude and have come up with 12 ‘golden’ moments for the energy market in 2020, some of which are extremely long shots.
The oil and gas industry has welcomed the new UK government as it looks ahead to a “transformational” sector deal and braces for tax changes for thousands of contractors.
The next generation of the UK’s oil and gas industry is being called upon to make their voices heard on key issues including the energy transition and climate change.
While the shift from hydrocarbons to renewables is far from smooth, investment opportunities in the generation, service and utility markets are proliferating as the sector landscape evolves.
North-east oil and gas doyen Sir Ian Wood says Aberdeen could be the energy capital of the world – but only if political leaders show more commitment to making it happen.
Three-quarters of oil and gas executives believe the sector’s supply chain has the right skills and expertise to support the energy transition, according to a poll.
Aker Solutions' boss of low carbon energy warned yesterday that the sector would be "digging its own grave" if it didn't share knowledge and best practice in the energy transition.
Nicola Sturgeon has vowed to create the world’s first pollution-free airways above the Highlands and islands as part of a package of new measures to tackle climate change.