If the UK is to meet its net-zero carbon emissions target by 2050, then green stimulus incentives are very much needed, but are the existing schemes working to their full capacity?
Digitisation and data are undoubtedly driving transformative change throughout the oil and gas industry, providing UK companies with a world of opportunities for further innovation and growth.
Innovation has always been key to the oil & gas industry and recent years have seen some exciting developments, particularly in subsea technology. For example, autonomous underwater vehicles (AUVs) . . . independent robotic, programmable vehicles . . . have highly advanced capabilities so they may be more cost effective than alternatives, or allow access to previously unreachable areas.