Graham Hollis, senior partner for Deloitte, comments on the OGUK Economic Report 2019

Commenting on the findings in Oil & Gas UK’s 2019 Economic Report ‘Roadmap to 2035: A Blueprint for net-zero’, published today, Graham Hollis, senior partner for Deloitte in Aberdeen, said:

“The oil & gas industry remains a vital part of the UK’s energy mix and with an estimated creation of 40,000 new jobs, a crucial economic asset. Today’s launch of Oil & Gas UK’s ‘Roadmap to 2035: A Blueprint for net-zero’ is a welcome framework outlining how the sector will face some of the big challenges to meet the UK’s carbon reduction targets.

“While the report highlights that the transition to a more diverse energy mix is successfully underway, there is still work to do. Increased renewables investment and innovation in new technologies have been instrumental in improving sustainability, but more cross sector collaboration is required not only to meet growing UK demand but to ensure that this need is met by domestic production.”

Deloitte is sponsor of Oil & Gas UK’s Aberdeen Breakfast Briefings in 2019