Westminster Energy, Environment & Transport Forum

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The future for offshore oil and gas in the UK - energy security, the next licensing round, and net-zero

Morning, Friday, 2nd September 2022


This conference will assess the future for offshore oil and gas in the UK.


Delegates will assess key issues amid heightened concern around energy security and costs.


With a new prime minister due to take office, it will also be an opportunity for stakeholders and policymakers to discuss priorities for the direction of policy relating to domestic production and reduction of emissions from UK’s oil and gas supply, as well as longer-term plans for the nation’s energy mix.


The conference takes place in advance of the next oil and gas licensing round, as legislation for the Energy (Oil and Gas) Profits Levy Bill is passed and the Energy Security Bill is introduced into Parliament. It also comes as The North Sea Transition Authority launches the first carbon storage licensing round.


Sessions in the agenda look at:

  • latest developments - assessing the outlook for offshore oil and gas in the UK 
  • implementation - priorities for supply chain development - opportunities for collaboration across the range of offshore energy projects, including hydrogen, CCUS, and offshore wind
  • infrastructure - key areas for development - competition for offshore space - marine planning arrangements - emerging technologies - skills development - opportunities for re-purposing 
  • finance and investment - sources of funding - investor confidence - taxation - improving UK sector engagement with key stakeholders
  • the North Sea Transition Deal - delivery - energy security - offshore energy integration 
  • sustainability - mitigating environmental impacts - assessing decarbonisation targets - CCUS and hydrogen - preparation for the new climate compatibility checkpoint 
  • energy security - what can the UK learn from other national approaches to ensuring supply for oil and gas
  • policy - options for developing oil and gas - energy security and pricing - decarbonisation - the long-term outlook 

We are pleased to be able to include keynote sessions with Stuart Walters, Senior Policy Manager, North Sea Transition Authority; and Will Webster, Energy Policy Manager, Offshore Energies UK.


The discussion is bringing together stakeholders with key policy officials who are due to attend from BEIS; the DIT; the DfT; Transport Scotland; The Scottish Government; and the Welsh Government.



Keynote Speakers

Stuart Walters

Senior Policy Manager, North Sea Transition Authority

Will Webster

Energy Policy Manager, Offshore Energies UK

Keynote Speakers

Stuart Walters

Senior Policy Manager, North Sea Transition Authority

Will Webster

Energy Policy Manager, Offshore Energies UK

Chairs

Peter Aldous MP

Chair, British Offshore Oil and Gas All-Party Parliamentary Group

Fergus Ewing MSP

Convener, Cross-Party Group in the Scottish Parliament on Oil and Gas

Speakers

Claire Angell

Partner, Tax, KPMG

Gregor Hayworth

Senior Associate, Burges Salmon

Tess Sokol-Sachs

Policy Officer, Transition Pathway Initiative, Grantham Research Institute on Climate Change and the Environment

Daniel Lawson

Executive Officer, Shetland Fishermen’s Association

Adrian Topham

Senior Development Manager, CCUS, The Crown Estate

Dr Prem Mahi

Technical and Innovation Director - Energy, Mott MacDonald

Greg Stevens

Investments Director, Abundance Investment

Councillor Norman Hampshire

Spokesperson for Environment and Energy, East Lothian Council