North Sea Oil and Gas Industry

Llinos Medi Excerpts

Monday 27th October 2025 Commons Chamber

[Michael Shanks]

I thank the right hon. Gentleman for how he has put the question. Energy security is at the heart of what we are trying to do, because our exposure to fossil fuels is what led to some of the most significant price spikes in all our constituents’ bills—spikes that they still face today. Our continued exposure to the impact of Russia’s invasion of Ukraine—even though none of that Russian gas now reaches us—is because of the international markets; they drive this forward. The only way to take back control of our energy is by building the clean power system of the future, and the pace of that transition is absolutely right. We are driving forward momentum, to make sure that the investment comes forward to create jobs in the economy right now. That has been successful; there has been £50 billion of private investment just in the past year. My view is that 10 or 20 years ago, both under the previous Labour Government and under the Conservative Government, we should have recognised that a transition was under way and put in place a credible plan for protecting the jobs. That was not done, but we are determined to do it, so that the transition for oil and gas workers is into good, well-paid jobs in renewables, carbon capture, hydrogen and other technologies, and we have a genuinely just and prosperous transition.

[Llinos Medi (Ynys Môn) (PC)]

Job losses in the North sea come from the lack of a strategic energy transition plan. The same applies to nuclear in Wales, where the lack of a plan for Wylfa has seen nuclear jobs in Ynys Môn fall to a record low. Does the Minister agree that future-proofing our energy industries against job losses and rising costs requires a clear strategy and timely decisions from this Government?

[Michael Shanks]

The hon. Lady rightly takes every opportunity to ask me about the range of energy issues in her constituency, and I thank her for that. We have concluded the small modular reactor programme that we inherited from the previous Government, with Rolls-Royce winning that competition. The future of nuclear will be taken forward with Hinkley Point C, Sizewell C and the future of the SMR programme, but also with private sector investment in the US-UK partnership, which will build it. The decision on where the SMRs will be is under consideration by my noble Friend, the Minister for nuclear, and we will have more to say about that in due course.