Positioning the UK North Sea for a net zero future will cost more than £430billion, according to a new report from the Oil and Gas Technology Centre (OGTC) and consultancy Wood Mackenzie.
Too many opinions, not enough facts. That’s how Chrysaor chief executive Phil Kirk views the heated debate about the oil and gas sector’s role in the energy transition.
Much has been made in the press and on social media of Phil Kirk of Chrysaor’s comments at Safety 30 in Aberdeen that “lawyers need to get lost” for proper collaboration and safety advances to happen in the oil and gas industry.
The boss of oil firm Chrysaor has said he is “more than cautiously optimistic” about the North Sea’s future after completing a deal for a package of assets from Shell.
Chrysaor’s chief executive said today that the acquisition of £3billion worth of North Sea assets from Shell could be just a start for the company he founded.