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Wednesday 30th August
The Chester Hotel, Aberdeen
12:30 – 14:00 Networking lunch and registration
14:00 – 17:00 Presentations, panel, refreshments
Join us for a networking lunch followed by an afternoon of discussion and presentations from the Westwood team and invited panel guests, including;
Professor Paul de Leeuw, Director, Energy Transition Institute, Robert Gordon University
Nick Richardson, Head of Exploration & New Ventures, North Sea Transition Authority
Mark Lappin, Chairman of the Board, Deltic Energy Plc
Over the last few years, the UK energy industry has had to adapt to changing priorities within the energy trilemma, that is security, affordability and sustainability. There has been significant movement in the latter to achieve net zero targets, however, an energy crisis accelerated by the war in Ukraine followed by a potential financial crisis, has increased attention on both security and affordability. Governments and E&P companies recognise that the oil and gas industry will still be needed to play its role in the transition to a net zero economy for the time being. However, given the turbulence in the external environment, and political uncertainty at home, we will undoubtedly see some companies in the region reduce investment in oil and gas activities or even exit the region. Other companies will adapt their operations and strategies or become more involved in new energy technologies.
Over the course of the session our experts discuss the evolving UKCS and how companies can create value. Key topics to be covered include future opportunities for:
- Oil and gas
- Decarbonisation and electrification
- Carbon capture and storage
- Decommissioning and infrastructure repurposing
- Rig market and supply chain