The UK’s upstream oil and gas industry was one of the first major sectors of the economy to embrace the 2050 target when in September 2019, on behalf of industry, OGUK released ‘Roadmap 2035: A Blueprint for Net Zero’, highlighting the role the sector can play to help the UK achieve the energy transition that is critical to a fully decarbonised economy.

Much has happened since then and it is testament to the sector’s commitment to deliver the energy transition that the work to decarbonise our sector has continued at pace, while coping with the COVID-19 pandemic. Roadmap 2035 offers a route to help the UK achieve a green recovery as the economy returns to growth. Our industry is committed to reducing its own emissions and by working with others, with the right frameworks in place, can help the UK decarbonise at pace.

OPEX Group has used advanced data analysis techniques to help an operator optimise gas compression performance on a UKCS asset.  As part of a series of sustained operational improvements this saved 2MW of power and reduced CO2 emissions by over 3,000 tonnes.

The UK’s upstream oil and gas industry was one of the first major sectors of the economy to embrace the 2050 target when in September 2019, on behalf of industry, OGUK released ‘Roadmap 2035: A Blueprint for Net Zero’, highlighting the role the sector can play to help the UK achieve the energy transition that is critical to a fully decarbonised economy.

Much has happened since then and it is testament to the sector’s commitment to deliver the energy transition that the work to decarbonise our sector has continued at pace, while coping with the COVID-19 pandemic. Roadmap 2035 offers a route to help the UK achieve a green recovery as the economy returns to growth. Our industry is committed to reducing its own emissions and by working with others, with the right frameworks in place, can help the UK decarbonise at pace.

Save the date!

This webinar is an opportunity for you to:

Hear first-hand experiences from company CEOs, leading industry voices and young professionals within the energy sector Develop your understanding of the current business landscape Allow your voice be heard as a young professional in the sector, at a time when they are needed more than ever Don’t miss out on your opportunity to connect, learn and get involved – we look forward to welcoming you there!

A year on from the launch of industry’s Roadmap 2035: a blueprint for net zero, join our panel of industry leaders as they reflect on progress to date against the ambitious proposals to realise the full potential of our changing sector.

With sixty actions over five key areas, the Roadmap set out how the UK’s offshore oil and gas industry will use its expertise to help the UK meet its climate ambitions by 2050 while at the same time providing affordable energy for households and families, supporting jobs, and creating exciting energy jobs of the future.

Despite the unprecedented challenges of the coronavirus pandemic and low oil and gas prices, companies continue to change and adapt to embrace the energy transition. This informative session will look at what has been achieved on the Roadmap to date, as well as identifying the challenges and opportunities facing the industry as it positions itself for a new energy future.

The OGUK Awards 2020 will be delivered as a virtual event on 10 December 2020.

Whilst we cannot meet in person the industry has much to celebrate and commend. The OGUK Awards, a well-regarded and highly prestigious event within the oil and gas industry calendar will mark these achievements in a new and innovative format for 2020.

The awards seek to recognise and celebrate the achievements of businesses and individuals across eight different award categories.

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The leading representative body for the UK’s offshore oil and gas industry has embraced a UK government review into future licensing rounds as an opportunity to shine a light on how the sector is changing to support the country’s climate ambitions while still ensuring it contributes to the UK’s ongoing security of energy supply.

Speaking in response to the announced review, OGUK Chief Executive Deirdre Michie OBE called for a constructive and open discussion about how the UK will continue to meet its energy needs while delivering consumer affordability and jobs, optimising indigenous energy sources in a way that ensures the UK doesn’t offshore its emissions to other countries. The industry is currently working with the UK Government on a North Sea Transition Deal which will look to harness the full potential of the sector in developing cleaner energy solutions including carbon capture usage and storage and hydrogen.

The announcement comes as the UK oil and gas...

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