Other News

ETI in partnership bid for carbon capture study

The Energy Technologies Institute (ETI) is seeking partners for a project to study the impact of removing brine from under-sea stores which could be used to house captured carbon. The project will produce a cost-benefit analysis of brine production, using the CO2Stored database and models developed in the ETI’s UK Storage appraisal project as a starting point. Analysis will cover both saline aquifers and oil and gas reservoirs.

Oil & Gas

Oil and gas sector ‘could lose 35,000 jobs’ in next five years

The oil and gas industry could lose an estimated 35,000 jobs within the next five years, a new report has found. The study, 'Fuelling the next generation: A study of the UK upstream oil and gas workforce' was commissioned by industry body Oil and Gas UK, industry skills and safety body Opito and the Department for Business, Innovation and Skills. It said jobs could fall from 375,000 to 340,000 by 2019. It also estimates 12,000 new workers will be needed for the UK sector.