Accelerating the transition to a better energy future

The Society of Petroleum Engineers (SPE) is a not-for-profit professional association with 127,000 members in 145 countries engaged in the exploration and production of oil and gas and related energy resources. SPE is a key technical and professional resource providing opportunities to exchange information at in-person and online events and through training, publications, and member programs. SPE maintains offices in Calgary, Dallas, Dubai, Houston, and Kuala Lumpur. 

Oil and gas from the North Sea has powered Europe for decades. The North Sea is now providing a diverse mix of energy solutions with ambitious plans for offshore wind, carbon storage, and hydrogen generation. Europe’s energy systems have been hit by turmoil following the Ukraine war.

Some countries encourage investment in oil and gas to drive the economy and fund energy transition, while others are accelerating renewable energy with policies removing incentives for oil and gas. What is the future for the North Sea as Europe’s energy mix evolves? How do we best use this shared resource?e?