Vision 2035 looks ahead a generation from now to see how the UK oil and gas industry could be transformed. Developed together by the Oil and Gas Authority and Oil & Gas UK, alongside industry, government and other stakeholders, the Vision sets out an exciting future for the sector where, through the expertise of its people and innovative technology, it helps the UK make the transition to a lower carbon economy while remaining a key contributor to global energy demand. Vision 2035 is a unique opportunity to focus on the long-term future where there’s potential to double the remaining life of the UK Continental Shelf and grow its world-class UK supply chain to meet the energy challenge.
Themes covered in this session included the Industry Vision in the broader business context, what the Vision means to future generations and the oil and gas sector’s role in society. The opportunities the sector will generate through growing productivity, driving innovation and managing the skills challenge were also be explored.