The Future for Oil and Fuel within the UK

This convention will focus on the outlook for oil and fuel within the UK.

It will likely be a well timed dialogue, going down upfront of the subsequent oil and fuel licensing spherical – set to start this autumn – and amid heightened concern round vitality pricing, vitality safety, and reaching net-zero targets.

Bringing collectively stakeholders and policymakers, areas for dialogue will take a look at:

• the outlook for future oil and fuel fields within the North Sea – environmental influence – making ready industries – assembly altering vitality calls for
• the hyperlinks between wider offshore vitality operations – together with blue hydrogen, CCUS and offshore wind – choices to share and re-purpose infrastructure
• competitors for offshore area – addressing points round lodging of a number of trade wants
• coverage developments – the impacts of the windfall tax on financing, and choices for supporting investor confidence going ahead – alternatives relating to decarbonisation and net-zero ambitions – implications for oil and fuel operations
• progress on the North Sea Transition Deal – assessing the programme
• vitality safety and pricing – long-term priorities for vitality supply stability, the drive to extend home provides, and impacts on trade prospects and home shoppers

Westminster Vitality, Atmosphere & Transport Discussion board are happy to have the ability to embrace keynote classes with Fiona Mettam, Director, Vitality Growth and Resilience, BEIS; Stuart Walters, Senior Coverage Supervisor, North Sea Transition Authority; and Will Webster, Vitality Coverage Supervisor, Offshore Energies UK.