Page 14 - EurOil Week 05 2022
P. 14

EurOil                                            POLICY                                               EurOil

















































       UK oil lobby rebrands itself to reflect



       low-carbon tech focus





        UK               NORTH Sea oil and gas association OGUK  getting involved in CCS and blue hydrogen
                         announced on January 31 that it would be  projects in the UK. Some of Offshore Energies’
       European majors have   rebranding itself as Offshore Energies UK, to  members are involved in projects including
       taken similar steps in   reflect an expansion in its remit to cover low-car-  Acorn Hydrogen & CCS, Drax Zero Carbon
       recent years.     bon technologies such as offshore wind farms,  Humber and Net Zero Teesside.
                         hydrogen energy and carbon capture and storage   Meanwhile, the line between the oil and
                         (CCS).                               gas industry and renewables has also become
                           By changing its name, OGUK is following in  increasingly blurred, with leading hydrocarbons
                         the footsteps of a number of European oil and  producers now embracing wind and solar power
                         gas companies that have rebranded themselves  projects that once they would have shunned.
                         to stress their commitment to the energy tran-  Indeed, oil and gas companies were among the
                         sition and, in some cases, distance their image  big winners in the recent Scotwind leasing round
                         from hydrocarbons. Notable examples include  for wind farms off Scotland in early January. 
                         Norway’s Statoil, which changed its name to   “Our members are investing in cleaner ener-
                         Equinor in 2018, and Total, which became  gies, boosting the technologies needed to sup-
                         TotalEnergies last year.             port jobs, communities and the UK’s energy
                           Offshore Energies said it remained commit-  security – and to drive the transition to low-car-
                         ted to championing oil and gas, but would seek  bon energy,” Offshore Energies CEO Deirdre
                         to support those interested in hydrogen, offshore  Michie said in a statement. “Following an exten-
                         wind and CCS, describing the shift as a “natu-  sive strategic review, we recognised that we too
                         ral step.” The move follows a one-year strategic  need to evolve to reflect what is happening in our
                         review and was approved by Offshore Energies’  sector. Working with our members, we are driv-
                         board in December.                   ing forward towards the net-zero energy future
                           Oil and gas companies are increasingly  we will want to see.” ™



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