OGV Energy Review and Forecast Breakfast

OGV Energy Review and Forecast Breakfast

Date: January 15, 2026

Location: The Chester Hotel, Aberdeen

Host: OGV Energy

Partners/Key Participants: Wood Mackenzie, The EIC

This annual flagship event is set to provide an unparalleled level of data-driven insight into the global and UK energy sectors. The combined expertise of OGV Energy's community, Wood Mackenzie's world-leading market intelligence, and The EIC's supply chain knowledge ensures a holistic and definitive outlook for 2026.

Expected Contributions & Key Takeaways:

1. Wood Mackenzie: Global Macro-Economic and Commodity Forecast

Wood Mackenzie is expected to deliver the high-level macro-economic context, leveraging their proprietary data and global research.

• Oil & Gas Price Trajectories: Detailed forecasts on global supply/demand balances for oil and gas in 2026, considering geopolitical risks, OPEC+ decisions, and US shale performance.

• Decarbonisation Investment Benchmarks: Analysis of the global investment required to meet climate targets. A key figure will likely be the annual investment gap between current spending and what's required for a 'Net Zero' pathway.

• The Pace of the Transition: Wood Mackenzie will likely present their updated scenarios (e.g., their Base Case vs. Net Zero by 2050), illustrating the probable speed of the transition and the key pressure points (e.g., when global oil/gas demand might peak).

• The Energy Trilemma in Focus: Expect a frank discussion on how companies and governments are balancing Energy Security, Affordability, and Sustainability in their strategic decision-making for 2026.

2. The EIC (Energy Industries Council): Supply Chain Health and Opportunity

The EIC will provide the crucial ground-level perspective, focusing on how project pipelines translate into tangible opportunities and challenges for the supply chain.

• UK Project Pipeline Analysis: The EIC will likely present their forward-looking data on the UK’s confirmed and potential projects across sectors (e.g., North Sea licensing, Offshore Wind auctions, Hydrogen/CCS cluster development). This will be essential for identifying where CAPEX and OPEX will be spent.

• Global Opportunity Mapping: A review of the most promising export markets for UK supply chain companies, focusing on global hotspots for offshore wind, LNG, and CCUS projects.

• Local Content and Capacity: An assessment of UK supply chain resilience—specifically, which manufacturing and service capabilities are scaling up to meet the demands of major wind and CCS projects, and which areas still face critical capacity shortfalls.

3. OGV Energy: North Sea Context and Industry View

OGV Energy, as the regional host, will ground these global insights in the specific context of the Aberdeen and North Sea region.

• SME Sentiment: Insight into the business outlook, challenges, and hiring intentions of local small and medium-sized enterprises (SMEs).

• Talent and Skills Gap: Focused discussion on addressing the dual need for experienced hydrocarbon engineers and new energy transition specialists.

Conclusion

The 2026 OGV Energy Review and Forecast Breakfast, with Wood Mackenzie and The EIC, promises to be an essential briefing for anyone setting strategy for the year. Attendees will leave with a clear, data-backed understanding of both the market constraints (fiscal pressures, supply chain strain) and the significant growth opportunities available in the integrated energy landscape of 2026.