UK offshore oil and gas: first report of session 2008-09, Vol. 2: Oral and written evidence, Volume 2Whilst the UK economy must decarbonise if the country is to meet its obligations to tackle climate change, and use of fossil fuels must diminish, the UK will still need to use the oil and gas resources remaining in the UK continental shelf. |
Contents
Section 1 | 58 |
Section 2 | 77 |
Section 3 | 86 |
Section 4 | 89 |
Section 5 | 91 |
Section 6 | 95 |
Section 7 | 98 |
Section 8 | 107 |
Common terms and phrases
activity AMEC Anne Main areas assessment assets barrels of oil basin BG Group billion barrels Booth Budget capital carbon leakage Centrica Chairman Climate Change costs credit crunch DECC decommissioning drilling economic effective encourage Energy and Climate ensure environment environmental impact existing fields existing infrastructure expenditure exploiting exploration Field Allowance finance gas industry gas production gas reserves gas storage Gas UK global going Government HM Treasury HPHT hydrocarbon important incentives increase investment issues Judy Mallaber licence marine maximise North Sea fiscal O'Brien offshore oil Oil & Gas oil and gas oil price operators Paddy Tipping pipeline potential problem Professor Kemp programme recovery risk RSPB SCDI Sea fiscal regime seabirds sector security of supply significant Sir Robert Smith skills smaller companies Strategic Environmental Assessment supply chain targets UK Continental Shelf UK oil UK's remaining UKCS value allowance Webb Weir west of Shetland