The leading representative body for the UK oil and gas industry, OGUK, has appointed three major business leaders to its board as the sector sharpens its focus on the industry’s recovery and meeting net zero targets as it looks ahead to the new year.

Jose Luis Muñoz is CEO of Repsol Sinopec Resources UK Limited. José Luis joined Repsol in 2005 as part of the Strategy and Corporate Development team and was instrumental in the acquisition of the global operations of the former Talisman Energy business. He then went on to drive the post-merger integration of the ex-Talisman operations, ensuring a smooth transition.

Since 2017 and prior to his appointment as CEO, José Luis was Repsol representative within the Executive Committee of Repsol Sinopec Resources UK.

Andy Hessell has more than 30 years’ experience in the UK energy industry specialising in commercial, strategy and business development roles in the UK and overseas.  Over the past five years, as Managing Director, Andy has been successfully growing Kellas Midstream, an innovative independent company that owns and manages critical North Sea infrastructure.

Prior to joining Kellas, Andy enjoyed a 26-year career with BP in a variety of leadership positions including North Sea region Chief Financial Officer and Vice President Commercial Operations, North Sea & Angola.

Also joining the board is Mikki Corcoran, Managing Director of Schlumberger Europe. Prior to this role she worked in North America Offshore as General Manager Drilling, and before that, as Global Account Director for Schlumberger.

During her 20-year career in the Oil & Gas industry with Schlumberger, Mikki has held a variety of management positions, including HR, Operations, Sales & Commercial, and Supply Chain, in Norway, United States, Asia and Europe.

Deirdre Michie, OGUK’s chief executive, commented:

“The diverse experience and knowledge that José, Mikki and Andy bring to the OGUK Board will be a great asset as our industry continues to tackle a challenging landscape of low commodity prices and the coronavirus pandemic, while at the same time seeking to support the UK’s cleaner climate ambitions as we look to 2021 and the challenges and opportunities it will bring.

“This diversity of perspectives from across industry is critical as we work to deliver Roadmap 2035, finding solutions for low carbon oil and gas production while doing everything we can to revive our world-class but fragile supply chain and protect the skills of our people for the future.“

 

Ends

The leading UK oil and gas industry body OGUK has today welcomed the Scottish Government’s Hydrogen Policy Statement, which recognises that the critical role the country’s oil and gas industry has to play in realising a hydrogen economy.

Commenting, OGUK Sustainability Director Mike Tholen said:

“The Scottish Government’s Hydrogen Policy Statement released today recognises the critical role our industry has to play in creating a hydrogen industry, both through the expertise of our supply chain and the talents of our workforce, and in the opportunities presented by repurposing of our infrastructure.

“Investing in these new energy resources will be key to unlocking the challenge of achieving net-zero emissions across the economy. Many businesses within our industry are already actively involved in the development of such hydrogen projects, recognised by the Committee on Climate Change as an essential part of the energy mix in years to come.

“While it’s encouraging to see investments like this, today’s Hydrogen Policy Statement reiterates the importance of securing a sector deal for our industry. We will continue to work at pace with the Scottish government to ensure that our supply chain is supported throughout the transition, securing jobs and the energy supply, whilst supporting our energy communities.”

 

ENDS

The leading representative body for the UK offshore oil and gas industry has today (Wednesday 14 December) responded to the Scottish Government’s updated Climate Change Plan, which recognises the value the oil and gas industry can make in stepping up the transition to net-zero.

Commenting on the updated Climate Change Plan, OGUK Chief Executive Deirdre Michie OBE said:

“The Scottish Governments’ Climate Change Plan recognises the critical role of the country’s changing oil and gas industry in accelerating moves towards a low carbon future.

“Through bringing to life hydrogen and carbon capture, and through harnessing the expertise and skills of our talented people, we can continue to provide lower carbon and affordable energy to millions of people while helping unlock the energy system of the future.

“We keenly await the Scottish Government’s revised Energy Strategy in 2021. However, given the significance of our industry to Scottish jobs and the economy, as well as the triple threat of COVID-19 we’ve faced this year, we must continue to work at pace with the Scottish government to ensure that our supply chain is supported throughout the Just Transition.

“We’re committed to delivering our net-zero goals through reducing our own emissions, as detailed in Roadmap 2035, while many companies are already actively supporting the new CCUS and hydrogen projects recognised by the Committee on Climate Change as essential. We will continue to work with both governments to secure a vital North Sea Transition deal in the first half of 2021, safeguarding jobs and supporting our energy communities in the journey to net-zero.”

 

ENDS

The leading UK oil and gas industry body OGUK has today reinforced the significance of securing a sector deal, in light of new emission targets announced by the Prime Minister today.

The government’s plan commits to reducing the UK’s carbon emissions by at least 68% by 2030, based on 1990 levels. These ambitious new targets will see the UK commit to reducing emissions at a rate faster than any major economy.

Whilst OGUK remains committed to addressing the issue of climate change, as outlined in their Roadmap 2035, today’s announcement only underlined the scale of the challenge ahead and the critical need for securing a North Sea Transition Deal.

OGUK Chief Executive Deirdre Michie OBE said: 

“The Prime Minister’s ambitious emissions announcement today reinforces the significance of securing a transformational sector deal for our changing sector.

“The UK offshore oil and gas industry has a vital role to play in supporting the UK to achieve the targets set out today. Through continuing to reduce our own carbon emissions, and by tapping into the expertise within our supply chain to develop solutions, we can help meet the country’s climate goals through developing critical solutions including carbon capture and storage and hydrogen at scale.

“This will help to unlock the full potential of this industry, including its world-class supply chain to deliver a green recovery which delivers our climate goals, supports jobs and enables our energy communities to adapt and thrive.

“We continue to work collaboratively with the UK Government on proposals for the North Sea Transition deal, creating a clear pathway to becoming a net-zero basin, whilst protecting domestic energy supplies, jobs and communities in a low carbon economy.”

Ends

Industry body OGUK is urging the oil and gas workforce to rally behind its first ever survey on diversity and inclusion (D&I) with just three weeks to go until submissions close.

With a growing focus being placed on the integration of the energy industry, attracting and retaining a diverse range of talent, as well as ensuring inclusive and collaborative ways of working, greater D&I is vital for success. The responses provided by survey participants will play a crucial role in the industry’s drive towards a more diverse and inclusive working culture, which will be key in supporting the UK’s transition to a net zero economy.

The survey has received a large volume of responses since its launch, which will provide valuable insight and help promote D&I in the oil and gas workforce. The survey will remain open for a further three weeks before closing on Thursday, 31 December. The results and insights from the survey are expected to be released in Q1 2021.

The survey is accessible to individuals currently working in the global oil and gas industry, as well as those who may have recently retired, are currently not working or between jobs, but are able to share their experiences from previous roles.

Craig Shanaghey, President, Operations Services (Europe & Africa) at Wood, and D&I Task Group Chair, said:

“Dialling up the dialogue on diversity and inclusion is going to be key in our efforts to drive greater awareness, action, and improvement. It’s critical that we capture the diverse voice of the industry in this survey in order that the focused actions driven by the report deliver the meaningful impact and change that’s needed to underpin industry’s delivery of Roadmap 2035.”

Director of the RGU Energy Transition Institute, Prof. Paul de Leeuw, who is managing the UKCS diversity and inclusion survey, said:

“The oil and gas industry is facing significant change at the moment on the back of COVID-19, the energy transition, technology developments and rapidly changing industry dynamics. To ensure the industry is set up for success, we will need to unlock all of the talent in our sector, as well as be able to attract new skills and capabilities.

“So far we have received great support for the survey from across the industry. I would really encourage everyone to compete the survey and help us build a better and more inclusive industry.”

The anonymised and confidential survey has been developed by OGUK’s Diversity and Inclusion Task Group in collaboration with Robert Gordon University (RGU). The survey can be accessed here or via OGUK’s social channels.

 

Ends

 

A flagship report published today by the leading representative body for the UK offshore oil and gas industry finds that the UK’s carbon emissions fell by an estimated 10.3 percent this year, as the economy contracted by 11.3 percent.

OGUK today said the figures confirm the scale of the challenge in securing a green recovery, urging governments to act now to ensure the UK builds a homegrown transition towards a clean energy future.

It comes as the report finds 85 percent of OGUK members throughout the supply chain expect to increase their diversification into non-oil and gas activities during the next 12-24 months due to the current market conditions. Underlining the critical capabilities within the sector to accelerate government ambitions to reach net zero carbon emissions by 2050 in the UK and 2045 in Scotland.

OGUK’s Economic Report 2020 explores the shifting economic and energy environment in this, a year of rapid change. From the impact of COVID-19 and the commercial consequences of the pandemic, to the downturn in global energy demand, this report explores the industry’s crucial but evolving future role in the energy mix.

Despite the challenges the industry faces, the report also reinforces the sector’s long-term commitments to the energy transition, with the final part of the report setting out how OGUK have further developed Roadmap 2035 into their vision for the North Sea Transition Deal.

The report shows that:

  • Global energy demand is expected to decrease by 5 percent in 2020, the UK reported 12 percent reduction in total energy demand in the first three quarters of the year
  • UK carbon emissions have fallen by an estimated 10.3 percent so far this year, while global emissions have fallen by 5.5 percent
  • At the start of 2020, there were more than £35 billion of capital investment opportunities identified within company plans over the next 10 years. Progression of these opportunities is important in the ability to continue to meet the UK’s oil and gas demand in the future.

In a world where sustainability is a priority, today’s report highlights that with a clear and supported pathway for the changing industry the UK can build a homegrown transition towards a lower-carbon future.

OGUK’s Chief Executive Deirdre Michie said:

“Today’s report highlights that we have a unique opportunity for the transition towards a lower-carbon future to be homegrown in this country and potentially exported across the world.

“2020 has been an incredibly challenging year for the oil and gas supply chain as it faced both the well-documented impact of COVID-19 and the subsequent decline in demand for energy.

“Utilising the expert technical knowledge that exists within the substantial UK oil and gas supply chain is fundamental if we are to evolve toward a lower-carbon future.

“Our Economic Report 2020 shows that oil and gas produced in the UK will continue to support energy security in the decades to come, but as part of a changing and cleaner energy mix. With the right support this industry can truly come of age and continue to make a positive contribution in this new energy landscape. However, our report makes clear that reaching this positive future will require working in the here and now to protect the jobs and companies needed to bring our climate ambitions to life.

“OGUK continue to work closely with the UK Government on proposals for a transformational North Sea Transition Deal, which will help unlock the full contribution the industry can make to achieving net-zero and the wider economic benefits.”

Ends

Trio of board appointments as OGUK looks ahead to 2021 ambitions

The leading representative body for the UK oil and gas industry, OGUK, has appointed three major business leaders to its board as the sector sharpens its focus on the industry’s recovery and meeting net zero targets as it looks ahead to the new year.

Jose Luis Muñoz is CEO of Repsol Sinopec Resources UK Limited. José Luis joined Repsol in 2005 as part of the Strategy and Corporate Development team and was instrumental in the acquisition of the global operations of the former Talisman Energy business. He then went on to drive the post-merger integration of the ex-Talisman operations, ensuring a smooth transition.

Since 2017 and prior to his appointment as CEO, José Luis was Repsol representative within the Executive Committee of Repsol Sinopec Resources UK.

Andy Hessell has more than 30 years’ experience in the UK energy industry specialising in commercial, strategy and business development roles in the UK and overseas.  Over the past five years, as Managing Director, Andy has been successfully growing Kellas Midstream, an innovative independent company that owns and manages critical North Sea infrastructure.

Prior to joining Kellas, Andy enjoyed a 26-year career with BP in a variety of leadership positions including North Sea region Chief Financial Officer and Vice President Commercial Operations, North Sea & Angola.

Also joining the board is Mikki Corcoran, Managing Director of Schlumberger Europe. Prior to this role she worked in North America Offshore as General Manager Drilling, and before that, as Global Account Director for Schlumberger.

During her 20-year career in the Oil & Gas industry with Schlumberger, Mikki has held a variety of management positions, including HR, Operations, Sales & Commercial, and Supply Chain, in Norway, United States, Asia and Europe.

Deirdre Michie, OGUK’s chief executive, commented:

“The diverse experience and knowledge that José, Mikki and Andy bring to the OGUK Board will be a great asset as our industry continues to tackle a challenging landscape of low commodity prices and the coronavirus pandemic, while at the same time seeking to support the UK’s cleaner climate ambitions as we look to 2021 and the challenges and opportunities it will bring.

“This diversity of perspectives from across industry is critical as we work to deliver Roadmap 2035, finding solutions for low carbon oil and gas production while doing everything we can to revive our world-class but fragile supply chain and protect the skills of our people for the future.“

 

Ends

Scottish Government’s Hydrogen Policy Statement emphasises need for sector deal, OGUK says

The leading UK oil and gas industry body OGUK has today welcomed the Scottish Government’s Hydrogen Policy Statement, which recognises that the critical role the country’s oil and gas industry has to play in realising a hydrogen economy.

Commenting, OGUK Sustainability Director Mike Tholen said:

“The Scottish Government’s Hydrogen Policy Statement released today recognises the critical role our industry has to play in creating a hydrogen industry, both through the expertise of our supply chain and the talents of our workforce, and in the opportunities presented by repurposing of our infrastructure.

“Investing in these new energy resources will be key to unlocking the challenge of achieving net-zero emissions across the economy. Many businesses within our industry are already actively involved in the development of such hydrogen projects, recognised by the Committee on Climate Change as an essential part of the energy mix in years to come.

“While it’s encouraging to see investments like this, today’s Hydrogen Policy Statement reiterates the importance of securing a sector deal for our industry. We will continue to work at pace with the Scottish government to ensure that our supply chain is supported throughout the transition, securing jobs and the energy supply, whilst supporting our energy communities.”

 

ENDS

Support for the supply chain vital throughout Just Transition says OGUK

The leading representative body for the UK offshore oil and gas industry has today (Wednesday 14 December) responded to the Scottish Government’s updated Climate Change Plan, which recognises the value the oil and gas industry can make in stepping up the transition to net-zero.

Commenting on the updated Climate Change Plan, OGUK Chief Executive Deirdre Michie OBE said:

“The Scottish Governments’ Climate Change Plan recognises the critical role of the country’s changing oil and gas industry in accelerating moves towards a low carbon future.

“Through bringing to life hydrogen and carbon capture, and through harnessing the expertise and skills of our talented people, we can continue to provide lower carbon and affordable energy to millions of people while helping unlock the energy system of the future.

“We keenly await the Scottish Government’s revised Energy Strategy in 2021. However, given the significance of our industry to Scottish jobs and the economy, as well as the triple threat of COVID-19 we’ve faced this year, we must continue to work at pace with the Scottish government to ensure that our supply chain is supported throughout the Just Transition.

“We’re committed to delivering our net-zero goals through reducing our own emissions, as detailed in Roadmap 2035, while many companies are already actively supporting the new CCUS and hydrogen projects recognised by the Committee on Climate Change as essential. We will continue to work with both governments to secure a vital North Sea Transition deal in the first half of 2021, safeguarding jobs and supporting our energy communities in the journey to net-zero.”

 

ENDS

Prime Minister’s emissions targets reinforce the need for sector deal

The leading UK oil and gas industry body OGUK has today reinforced the significance of securing a sector deal, in light of new emission targets announced by the Prime Minister today.

The government’s plan commits to reducing the UK’s carbon emissions by at least 68% by 2030, based on 1990 levels. These ambitious new targets will see the UK commit to reducing emissions at a rate faster than any major economy.

Whilst OGUK remains committed to addressing the issue of climate change, as outlined in their Roadmap 2035, today’s announcement only underlined the scale of the challenge ahead and the critical need for securing a North Sea Transition Deal.

OGUK Chief Executive Deirdre Michie OBE said: 

“The Prime Minister’s ambitious emissions announcement today reinforces the significance of securing a transformational sector deal for our changing sector.

“The UK offshore oil and gas industry has a vital role to play in supporting the UK to achieve the targets set out today. Through continuing to reduce our own carbon emissions, and by tapping into the expertise within our supply chain to develop solutions, we can help meet the country’s climate goals through developing critical solutions including carbon capture and storage and hydrogen at scale.

“This will help to unlock the full potential of this industry, including its world-class supply chain to deliver a green recovery which delivers our climate goals, supports jobs and enables our energy communities to adapt and thrive.

“We continue to work collaboratively with the UK Government on proposals for the North Sea Transition deal, creating a clear pathway to becoming a net-zero basin, whilst protecting domestic energy supplies, jobs and communities in a low carbon economy.”

Ends

Last call for the industry workforce to voice opinion on D&I in the sector 

Industry body OGUK is urging the oil and gas workforce to rally behind its first ever survey on diversity and inclusion (D&I) with just three weeks to go until submissions close.

With a growing focus being placed on the integration of the energy industry, attracting and retaining a diverse range of talent, as well as ensuring inclusive and collaborative ways of working, greater D&I is vital for success. The responses provided by survey participants will play a crucial role in the industry’s drive towards a more diverse and inclusive working culture, which will be key in supporting the UK’s transition to a net zero economy.

The survey has received a large volume of responses since its launch, which will provide valuable insight and help promote D&I in the oil and gas workforce. The survey will remain open for a further three weeks before closing on Thursday, 31 December. The results and insights from the survey are expected to be released in Q1 2021.

The survey is accessible to individuals currently working in the global oil and gas industry, as well as those who may have recently retired, are currently not working or between jobs, but are able to share their experiences from previous roles.

Craig Shanaghey, President, Operations Services (Europe & Africa) at Wood, and D&I Task Group Chair, said:

“Dialling up the dialogue on diversity and inclusion is going to be key in our efforts to drive greater awareness, action, and improvement. It’s critical that we capture the diverse voice of the industry in this survey in order that the focused actions driven by the report deliver the meaningful impact and change that’s needed to underpin industry’s delivery of Roadmap 2035.”

Director of the RGU Energy Transition Institute, Prof. Paul de Leeuw, who is managing the UKCS diversity and inclusion survey, said:

“The oil and gas industry is facing significant change at the moment on the back of COVID-19, the energy transition, technology developments and rapidly changing industry dynamics. To ensure the industry is set up for success, we will need to unlock all of the talent in our sector, as well as be able to attract new skills and capabilities.

“So far we have received great support for the survey from across the industry. I would really encourage everyone to compete the survey and help us build a better and more inclusive industry.”

The anonymised and confidential survey has been developed by OGUK’s Diversity and Inclusion Task Group in collaboration with Robert Gordon University (RGU). The survey can be accessed here or via OGUK’s social channels.

 

Ends

 

The UK can build a homegrown transition towards clean energy future, OGUK’s Economic Report shows

A flagship report published today by the leading representative body for the UK offshore oil and gas industry finds that the UK’s carbon emissions fell by an estimated 10.3 percent this year, as the economy contracted by 11.3 percent.

OGUK today said the figures confirm the scale of the challenge in securing a green recovery, urging governments to act now to ensure the UK builds a homegrown transition towards a clean energy future.

It comes as the report finds 85 percent of OGUK members throughout the supply chain expect to increase their diversification into non-oil and gas activities during the next 12-24 months due to the current market conditions. Underlining the critical capabilities within the sector to accelerate government ambitions to reach net zero carbon emissions by 2050 in the UK and 2045 in Scotland.

OGUK’s Economic Report 2020 explores the shifting economic and energy environment in this, a year of rapid change. From the impact of COVID-19 and the commercial consequences of the pandemic, to the downturn in global energy demand, this report explores the industry’s crucial but evolving future role in the energy mix.

Despite the challenges the industry faces, the report also reinforces the sector’s long-term commitments to the energy transition, with the final part of the report setting out how OGUK have further developed Roadmap 2035 into their vision for the North Sea Transition Deal.

The report shows that:

  • Global energy demand is expected to decrease by 5 percent in 2020, the UK reported 12 percent reduction in total energy demand in the first three quarters of the year
  • UK carbon emissions have fallen by an estimated 10.3 percent so far this year, while global emissions have fallen by 5.5 percent
  • At the start of 2020, there were more than £35 billion of capital investment opportunities identified within company plans over the next 10 years. Progression of these opportunities is important in the ability to continue to meet the UK’s oil and gas demand in the future.

In a world where sustainability is a priority, today’s report highlights that with a clear and supported pathway for the changing industry the UK can build a homegrown transition towards a lower-carbon future.

OGUK’s Chief Executive Deirdre Michie said:

“Today’s report highlights that we have a unique opportunity for the transition towards a lower-carbon future to be homegrown in this country and potentially exported across the world.

“2020 has been an incredibly challenging year for the oil and gas supply chain as it faced both the well-documented impact of COVID-19 and the subsequent decline in demand for energy.

“Utilising the expert technical knowledge that exists within the substantial UK oil and gas supply chain is fundamental if we are to evolve toward a lower-carbon future.

“Our Economic Report 2020 shows that oil and gas produced in the UK will continue to support energy security in the decades to come, but as part of a changing and cleaner energy mix. With the right support this industry can truly come of age and continue to make a positive contribution in this new energy landscape. However, our report makes clear that reaching this positive future will require working in the here and now to protect the jobs and companies needed to bring our climate ambitions to life.

“OGUK continue to work closely with the UK Government on proposals for a transformational North Sea Transition Deal, which will help unlock the full contribution the industry can make to achieving net-zero and the wider economic benefits.”

Ends