The Oil & Gas Technology Centre has announced it will create, in partnership with industry, a new Net Zero Solution Centre to accelerate the development and deployment of technologies to decarbonise offshore operations and develop the UKCS as the first net zero oil and gas basin globally, supporting the industry’s Roadmap 2035.
The new centre has the backing of major companies including BP, Shell, Wood, Chrysaor, Aker Solutions, INEOS, CNOOC International, Total, Siemens and Equinor, who recognise the critical contribution the oil and gas industry can make to the net zero economy, while continuing to meet demand from UK homes and businesses.
Earlier this year, the UK and Scottish Governments set binding net zero carbon targets, for 2050 and 2045 respectively. This followed the publication of a comprehensive report by the Committee on Climate Change, which identified growing demand for oil and gas and the need for immediate action to address growing emissions while balancing the needs of the UK economy.
The Net Zero Solution Centre will work with government and industry to address the UK offshore oil and gas industry’s emission footprint, while also developing technologies that will contribute to the growing demand for hydrogen production and carbon sequestration. This evolution of the industry, repurposing of facilities and partnering with companion industries such as renewables, will create a new future for the UKCS, while also supporting the creation of net zero carbon economy.
To transform the UKCS into a net zero oil and gas basin, the Centre will champion the creation of an integrated offshore energy system, partnering with companies to accelerate the development of carbon capture, utilisation and storage, hydrogen capability and other net zero technologies.
The Centre has developed a roadmap and will work with a range of academia institutions and industry sectors to identify shared challenges and lead cross-sector collaboration on technologies to help accelerate carbon reduction and create export opportunities for the UK supply chain.
Launching the Net Zero Solution Centre at Offshore Europe 2019, Colette Cohen, CEO of the Oil & Gas Technology Centre says, “The UK offshore oil and gas industry is a dynamic system of infrastructure, supply chains, expert workforce, research activity and technology development and deployment. This diverse industrial ecosystem must play a fundamental role in the creation of a net zero carbon economy. With the backing of industry and government, and strong track of delivery, the OGTC is committed to moving the dial on carbon reduction and enabling the UK Continental Shelf to become the first net zero hydrocarbon basin in the world.”
“Our focus will be on developing technologies to reduce operational carbon emissions, working with other parts of the energy sector to create integrated solutions and repurposing infrastructure to accelerate carbon capture usage and storage, hydrogen production and gas-to-wire capacity. We’re delighted to be working with a strong group of companies and look forward to adding new strategic partners to the Net Zero Solution Centre over the coming months,” Cohen continues.
Scotland’s Minister for Energy, Paul Wheelhouse, says, “We welcome the Oil & Gas Technology Centre’s plans and look forward to working with them to establish a new Net Zero Solution Centre. The Centre supports the sector’s ambition to become the first net zero hydrocarbon basin in the world, a key element of a sustainable, secure and inclusive energy transition.”
“The UK’s oil and gas sector has a pivotal role to play in the UK’s journey towards becoming a net-zero economy by 2050. Support from companies within the industry is vital to us making this energy transition to a greener future” says UK Minister of State for Energy and Clean Growth, Kwasi Kwarteng. “The UK Government warmly welcomes this initiative to find innovative technological solutions to decarbonising the offshore production of gas and oil from the North Sea and wider UK Continental Shelf.”