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A transformative journey: oil & gas, CCUS and hydrogen in Europe
What are the challenges and opportunities for these sectors and how can they work together?
1 minute read
Neivan Boroujerdi
Director, Corporate Research

Neivan Boroujerdi
Director, Corporate Research
Neivan leads Wood Mackenzie's global corporate NOC coverage.
Latest articles by Neivan
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The Edge
The complexity of capital allocation for oil and gas companies
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Ten key considerations for oil & gas 2025 planning
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Opinion
ADNOC doubles net hydrogen production through stake in ExxonMobil’s Baytown project
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Opinion
ADNOC acquires stake in Rovuma LNG from Galp
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Opinion
Benchmarking the Middle East NOCs against the supermajors
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The Edge
How and why big oil is strengthening its oil and gas exposure
Gail Anderson
Research Director, North Sea Upstream

Gail Anderson
Research Director, North Sea Upstream
Gail focuses on the North Sea Upstream industry and its gas and power sector.
View Gail Anderson's full profileMurray Douglas
Vice President, Hydrogen & Derivatives Research

Murray Douglas
Vice President, Hydrogen & Derivatives Research
Murray is responsible for Wood Mackenzie’s global coverage across the hydrogen value chain.
Latest articles by Murray
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Opinion
eBook | The hydrogen opportunity from now to 2050: what utilities and developers need to know
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Opinion
eBook | The hydrogen opportunity from now to 2050: what industrial players need to know
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Opinion
eBook | Investing in hydrogen from now to 2050: what you need to know
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Opinion
What lies ahead for hydrogen and low-carbon ammonia?
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Opinion
Ebook | Overcoming the challenges around hydrogen deployment
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Opinion
Hydrogen offtake contracts: securing project outcomes
Mhairidh Evans
VP, Global Head of CCUS Research

Mhairidh Evans
VP, Global Head of CCUS Research
Mhairidh leads our global research on carbon capture, utilisation and storage (CCUS).
View Mhairidh Evans's full profileAs well as huge offshore wind potential, the North Sea offers the opportunity to leverage existing gas infrastructure to establish hydrogen and CCUS industries, making the North Sea an important test bed for new technologies.
At the same time, linking domestically produced hydrogen with long duration energy storage could create a clean slate for European countries to design their energy security, removing dependency on imports.
The UK is traditionally seen as a safe place to do business, which counts in its favour for attracting these projects that will be so key to the energy transition. However, to ensure investment into low-carbon solutions like clean hydrogen and CCUS continues, a stable and reliable fiscal regime in relation to energy will be paramount.