UK’s OGTC changes name to align with net zero goals
Following in the footsteps of its counterparts in the oil and gas industry, the Aberdeen-based Oil & Gas Technology Centre (OGTC) said June 28 it had changed its name to the Net Zero Technology Centre.
“Our new name more accurately reflects our purpose and reinforces our technology vision,” the company said. “A vision that aims to reduce emissions from existing facilities, unlocks the full potential of an integrated energy system, propels the energy industry towards a digital, automated future and accelerates clean energy start-ups to build a thriving supply chain.”
A new centre opened in Scotland by the group in 2019 is focused on developing and deploying technologies to decarbonise offshore operations on the UK shelf.
The project has the ambitious aim of establishing the UK offshore as the first net-zero carbon oil and gas basin. The new centre is working with government and industry to address the emissions from offshore platforms, in line with the UK’s pledge to reduce its carbon footprint to zero by 2050.
OGTC’s rebranding follows similar moves among its counterparts in the oil and gas sector. This year, French energy company Total changed to TotalEnergies. In 2018, Norwegian major Statoil rebranded as Equinor to remove “oil” from its name.