If the UK is to meet its net-zero carbon emissions target by 2050, then green stimulus incentives are very much needed, but are the existing schemes working to their full capacity?
By Douglas Rankin, Partner at Marks & Clerkâs Aberdeen office
Digitisation and data are undoubtedly driving transformative change throughout the oil and gas industry, providing UK companies with a world of opportunities for further innovation and growth.
Innovation has always been key to the oil & gas industry and recent years have seen some exciting developments, particularly in subsea technology.
For example, autonomous underwater vehicles (AUVs) . . . independent robotic, programmable vehicles . . . have highly advanced capabilities so they may be more cost effective than alternatives, or allow access to previously unreachable areas.