Dear members:
We would like to invite you to a Net Zero webinar on 14 September 2021, from 1700 to 1830: London SPE Net Zero Programme: Decarbonising of Oil and Gas.
Join this webinar to explore what is being done within the UK to reduce the overall carbon intensity of the oil and gas that we produce. We have an excellent panel of speakers:
- Pierre Girard from Neptune Energy to provide the view from the large operator with a portfolio of assets how do we reduce the carbon intensity of existing production?
- Steve Brown from Orcadian Energy to provide the view from the developer how do we bring new oil to market under a low emission regime?
- Karen Spenley from Schlumberger to provide the view from the supply chain what technology and systems can be deployed to support low carbon solutions?
Targets have been set for reductions in CO2 emissions at a global, country and company level. Many Oil and Gas companies are looking to meet their targets by shifting from oil to gas or by diversifying into renewable energy. However, most roadmaps that lead to net zero still recognise that there will be a significant, albeit diminishing, demand for oil over the next several decades. Divestment of high carbon intensity assets might reduce the carbon emissions of the divesting company but shifts them on to the purchasing company. For the oil and gas that is produced, the challenge is therefore to do this in a way that minimises the emission of CO2 and other greenhouse gasses.
Notably, even if the UK meets the Committee for Climate Change demand forecast that delivers Net Zero by 2050, it will continue to be a net importer of oil. It can therefore be argued that a well-regulated UK oil and gas business that maximises the share of domestic production whilst simultaneously driving down carbon intensity can be a key part of meeting emissions targets. Each speaker will give a 15-minute presentation, which will be followed by a panel session Q&A.
Kind regards,
SPE London Net Zero Committee
Date: Tuesday, 14 September 2021
Time: 17:00 – 18:30 BST
Cost: No charge
Register: This event is free but please register via Eventbrite.