Support for North Sea Transition Deal confirms exciting future for changing industry

The leading representative body for the UK offshore oil and gas industry has praised industry and political backing for the North Sea Transition deal published today.

OGUK Chief Executive Deirdre Michie this morning attended a roundtable hosted by BEIS Energy Minister Anne Marie Trevelyan, along with senior representatives from industry and the Oil and Gas Authority.

The deal is supported by OGUK’s members which represent over 400 companies spanning the length and breadth of the UK. It sets a course for the UK to meet the government’s target of net zero carbon emissions by 2050, whilst still generating the energy it needs to power homes, hospitals and the economy.

Speaking today after the meeting with the Energy Minister, OGUK Chief Executive Deirdre Michie OBE said:

“The UK is showing the world the way to keep the lights on and hit net zero by 2050.

“The North Sea Transition Deal will ensure we build on the last five decades of our offshore energy expertise to deliver to the UK the energy and security it needs, whilst significantly reducing emissions.

“Through government and industry working together we can make the UK a world centre of cleaner energy innovation that attracts investment, creates a new generation of jobs in areas that need them most and, importantly, hits these tough emissions targets that industry and government have signed up to.”

David Currie, Group Chief Executive Officer at Proserv, the Aberdeen headquartered global controls technology company, said:

“As our industry, and companies like Proserv, make advancements in the evolving energy business through utilising new and existing technologies, with key initiatives supporting the energy transition, the announcement of the North Sea Transition Deal is tremendous news.

“It is an innovative and transformational partnership that further enables us all and supports the journey we have firmly embarked upon. The transition and this partnership are critical, as they concern bringing the present into the future, while harnessing and enhancing skills and expertise accrued over many years. It is inspiring to see our industry, our leading industry body and the government come together to take this powerful step.”

Chris Ayres, Chief Customer Officer of OPEX Group, a business that uses AI to help companies reduce their emissions said:

“The supply chain have already demonstrated their agility, turning their talent, expertise and experience towards supporting the key challenges associated with the Energy Transition. This deal reinforces the work that has already been undertaken and acts as a platform to accelerate the deployment of new technologies to deliver on the significant opportunities for the region and our economy.”

Source: Oil and Gas UK

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