The future of the oil and gas industry - SCCS evidence to the Scottish Affairs Committee

Abstract

1. The oil and gas industry will need to change as part of a just transition to a low carbon economy. 2. Carbon dioxide enhanced oil recovery (CO₂-EOR) is a key way to make this transition, while maximising economic recovery 3. The UK’s oil and gas industry has the skills, experience, knowledge and assets to develop a profitable carbon capture and storage (CCS) industry in the UK. 4. The future of the oil and gas industry is inextricably linked to CCS