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Application of the Circular Economy Business Model to North Sea Decommissioning

In September 2014, the European Commission (EC) adopted a Zero-waste programme that became the legal framework for development of an EU-wide Circular Economy.  The model assumes reuse of resources, minimisation of waste and encourages efficient use of the assets at our disposal.  The Commission estimates that a Circular Economy can save EU businesses €600bn per year.  Even though in December the EC confirmed it is scrapping plans to introduce the package and will launch a ‘broader and more ambitious’ waste package this year, the Circular Economy Business Model will still be at its core.  With the major decommissioning challenge being faced by the North Sea oil and gas sector, does the Circular Economy provide a useful perspective for enhancing value and reducing waste in this major emerging sector?

Our Future Energy: Investing in the Millenial Generation

Climate change, sustainability, and renewable energy are the backdrop to energy discussions for Millennials.  Graduates seek positions in these areas, keen to translate their academic knowledge and passionate views into positive action.  Today coal, oil, and gas still dominate the power needs of the developed world.