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Sir Ian Wood, Chairman of Opportunity North East and former Wood Group Chairman has joined the UK Government’s ‘Build Back Better Council’ which met for the first time yesterday.

A veteran of the energy sector, Sir Ian said he would “take this opportunity to champion the huge potential in energy growth and development and the crucial role that Scotland can play in Building Back Better.

“Whilst we must not underestimate the potential impact of the pandemic upon our region, there is cause for optimism as we begin the new year and Opportunity North East (ONE) will play its role in meeting these challenges.”

He continued: “ONE and its partners have a clear ambition to transform Aberdeen and the North East of Scotland into a globally integrated energy cluster, focused on accelerating to net zero by 2050 through developing energy transition activities.

“This includes the Energy Transition Zone, the Aberdeen Hydrogen Hub, offshore wind and carbon capture and storage which are all exciting areas of focus that have the potential to support a supply chain of over 100,000 jobs.

“There is no doubt that the North East is uniquely positioned within Scotland and the UK to take advantage of this great opportunity.”

He said that after 50 years of North Sea oil, the area has the “infrastructure, business capability and world class talent pool to maximise economic recovery from oil and gas alongside creating new significant investment and employment opportunities as part of the green industrial revolution.”

He said that ONE was continuing to have positive discussion with the Scottish and UK governments “who recognise the importance of our energy transition projects, and we are confident, with their support, that we can achieve transformational growth for the energy industry.

“The development of the projects in Scotland and their international potential will provide an important opportunity for the UK Government’s ambition to Build Back Better growth and level up our economy.”

BP chief executive Bernard Looney is also a member of the Build Back Better Council.



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Post Author: EDONS