The OGA welcomes the £62 million multi-year fund announced today (12 June 2020) by the First Minister. The Energy Transition Fund will help the energy sector recover from the dual economic impacts of coronavirus and the oil and gas price crash.
OGA Chief Executive Dr Andy Samuel said: “The OGA welcomes this commitment which will play an important part in the green recovery, support jobs and contribute to our net zero ambitions. With the North East of Scotland’s existing expertise, infrastructure and subsea engineering excellence, it’s well positioned to take advantage of the opportunities of the energy transition and help advance exciting innovation in game changing solutions like carbon capture and hydrogen.”