Andrew Hockey, CEO of IOG (LON:IOG) Presenting at the Proactive One2One Virtual Forum - 28th October 2021
IOG is a Net Zero UK gas and infrastrcuture operator focused on high return projects. Our strategy is to be a safe, efficient and low-carbon developer and producer of high-value gas. We aim to deliver sustainable shareholder value through disciplined execution of our focused hub strategy. The foundation of this strategy is the competitive advantage of our infrastructure ownership and operatorship, from low-impact offshore platforms through our pipeline network to our onshore gas reception facilities. We plan to use this production system as a springboard for successive phases of investment and growth, generating enhanced returns by commercialising gas assets across the full life cycle. We ascribe value to people, planet and profit alike, and follow a low-carbon operating philosophy founded on reuse of existing infrastructure. This will enable us to play a continued role in the UK’s Energy Transition and Net Zero target, while maximising domestic energy resources for UK homes and businesses. Through the combined expertise of our people, our purpose is to build a differentiated energy company that is a partner of choice within our industry, with a dynamic culture of continuous improvement and effective collaboration, underpinned by fundamental respect for people and the environment.