The chief executive of Oil & Gas UK, which represents the UK’s offshore oil and gas industry, has urged Aberdeen to grab business opportunities worth £1 trillion presented by the world moving towards net zero carbon emissions.
Speaking at the State of the Cities Conference in Aberdeen earlier this month, Deirdre Michie (
www.oilandgasuk.co.uk) said: “As the Climate Change Committee (CCC) report showed, there will still be a demand for oil and gas in the UK in 2050 — just under half of today’s figure — and meeting as much as possible of this demand from domestic resources is crucial.
"At the same time, our industry and this city can support the development and commercialisation of low-carbon technologies, including carbon capture and storage and hydrogen — identified as vital to a net zero outcome by the CCC.
“Aberdeen as Europe’s oil capital has served us all well. The opportunity now, as the industry shifts its focus, is for Aberdeen to also position itself as not just Europe’s net zero city but as the world’s net zero energy capital.”