Date: Tuesday, 14 September 2021
Time: 17:00 - 18:30 BST
Cost: No charge
Webinar host: Barny Brennan, Independent Consultant

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

Pierre Girard, Director of New Energy for Neptune Energy is responsible for developing the company’s global portfolio to efficiently extend the life of valuable infrastructure, while scaling-up low carbon development opportunities. A senior leader in the industry, Pierre has nearly 30 years of experience and a background in Reservoir Engineering and Petroleum Engineering.

Prior to this role, he was Director of Commercial & Joint Ventures for Neptune’s UK business. Pierre held senior roles with Chevron for 10 years and previously worked with Total in the UK, France and Angola.

Steve Brown, CEO of Orcadian Energy is a petroleum engineer with over nearly forty years of experience. He has a commercial, project development and operational background and has a BA in Chemical Engineering from Peterhouse, Cambridge. He started his career with BP as a petrophysicist and worked on a number of equity negotiations, before joining the well completions design group; he then had a spell as an Offshore Production Engineer on Forties Bravo followed by a period of time in Corporate Planning. In 1993 he led the Harding pre-project team for BP achieving partner and corporate approval for the project and was the first Andrew operations manager during the project execution phase.Since leaving BP Steve founded the upstream consultancy Challenge Energy (now part of SLR), the Nigerian focussed oil company, Exile Resources (now Oando Energy Resources), and Setanta Energy which had a development project in Gabon. He also worked with Halliburton and Petrofac.

In 2014 Steve founded Orcadian Energy to apply for the Pilot field in the 28th Licensing Round. The company has recently listed on the AIM market and has 79 MMbbls of 2P reserves in the Pilot field with 78 MMbbls of 2C contingent resources in the Elke, Narwhal and Blakeney discoveries.

Karen Spenley, Technology Sustainability Advisor at Schlumberger studied Mechanical Engineering at Cambridge before joining Schlumberger as a design engineer. In her 24 years with the company she has worked globally across seismic, wireline and drilling with roles in engineering, business development, HR and corporate transformation. In 2018 she was selected for the women in STEM leadership program Homeward Bound that aims to drive science based decisions making for the greater good of people and planet. Karen is currently the Technology Sustainability Advisor driving the qualification and quantification of environmental impact reducing technologies in the O&G industry.

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