There are multiple challenges and opportunities for the oil and gas industry in the current decarbonisation context whilst the demand for energy resources continues to grow. How can nimble and progressive regulatory and contractual frameworks contribute to making this transition fast, fair, equitable, sustainable and efficient, achieving climate, development and energy objectives? Discussion will focus on the regulatory/contractual challenges of the energy transition and on the role of oil and gas lawyers as they help develop social, technological, financial, fiscal and contractual frameworks and tools for decarbonisation. Hydrogen and CCUS legal instruments will be also be discussed in this session.