The Energy Industries Council’s #NSDC2023 agenda highlights CCUS and the North Sea's pivotal role in the clean energy transition.
London, 4 May 2023 - The Energy Industries Council (EIC), the world leading energy industry trade association, has announced the agenda of its seminal energy supply chain event, the North Sea Decarbonisation Conference (#NSDC2023), which will take place on May 16th and 17th
at the Marriott London Grosvenor Square, London.
Over the course of two days, the event will gather prominent figures from the energy industry’s supply chain, policymakers, and other stakeholders to explore how the North Sea Basin can play a leading role in the shift towards a more sustainable, low-carbon energy landscape.
The conference will continue discussions the EIC has been involved in recently with government and private sector stakeholders around a range of issues, including net zero, the needs of the supply chain to have sight of projects and the financing of new technology.
#NSDC2023 is one of EIC’s highlight events of the year and offers supply chain professionals the opportunity to meet directly with project decision-makers and fellow industry professionals. The EIC, which is celebrating its 80th anniversary this year, is dedicated to helping its members thrive by achieving core business goals, particularly to grow, diversify, and export their products and services.
Setting the Scene
The opening session, co-hosted by KBR and EIC's Energy Analysts, will feature an industry sector update, setting the scene for the conference.
EIC's Energy Analysts will provide overviews of the various energy sectors to be discussed over the days of the conference. KBR, a partner with government and industry clients for over a century, will discuss new and inventive ways to transform energy systems while addressing the current need for oil and gas, moving towards a sustainable future.
Carbon Capture
Carbon Capture, Utilisation and Storage (CCUS) stands high on the #NSDC2023 agenda. The North Sea is at the centre of CCUS deployment, with the UK and Europe being home to a growing collection of industrial clusters that aim to use CCUS to help decarbonise their region and meet net-zero ambitions. The conference will explore unique ways in which the UK and Europe are accelerating the deployment and commercialisation of CCUS.
Delegates will also listen to a deep dive into the Viking CCS project, previously known as V Net Zero with Harbour Energy. The project will develop infrastructure in the Humber region to transport and store CO2 in secure offshore storage sites, with a reduction of 10 million tonnes of UK greenhouse gas emissions per annum by 2030, with first capture planned for 2027. The session will look at the project's potential impact in the Humber industrial area in the East of England and how it can be a major contributor in reaching the UK's net-zero targets.
North Sea's Role in Clean Energy Transition
The conference will discuss how the North Sea, recognised for its oil and gas reserves for over 50 years, can play a key role in the transition to clean energy. This session will seek answers to the question “What action is needed from the UK and European Union to build and support the required frameworks to create and accelerate an integrated North Sea net-zero energy system?”
For more information about the North Sea Decarbonisation Conference, please visit the EIC website: https://www.the-eic.com/Events/TheNorthSeaDecarbonisationConference
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Notes to editors:
The EIC is an award-winning global trade association for the energy supply chain with a worldwide membership of over 900 companies covering all energy sectors. Established in 1943, EIC advocates for its members by working closely with governments and key stakeholders. Members and clients have access to an array of products and services through our London HQ and offices in Dubai, Houston, Kuala Lumpur, and Rio de Janeiro, including EICDataStream, a worldwide database of energy projects in development, and EICAssetMap, a comprehensive operating assets information service. We also offer event solutions, and our expert analysts and consultants produce insightful reports and bespoke market intelligence. In recognition of our commitment to excellence, the EIC was honoured to receive the prestigious King's Award for Enterprise in 2023.