Abstract

The talk will look at the challenge of the energy transition for the oil and gas industry and the probable changes in il and gas demand. Even with flat or declining global demand there is likely to be demand for development both to replace production reduced by depletion of conventional fields as well as by the need to reduce the cardon intensity of production profiles. The possible development of oil prices and the probable growth in market share of low cost producers will be discussed. There will be new applications such as carbon capture and storage and production of hydrogen for difficult to decarbonise parts of the economy. There will be strong growth in demand for mined metals. There are changing opportunities for earth scientists of all backgrounds.

The session will be half presentation, half Q&A/discussion; attendees are encouraged to raise whatever subject they wish.