North Sea Oil and Gas Industry

Debate between Michael Shanks and Seamus Logan

Monday 27th October 2025 Commons Chamber

[Michael Shanks]

The House will understand that I will not be drawn on applications that are currently awaiting decision, so I will not comment on that specific application. On my hon. Friend’s broader point, as has already been said, the net zero economy is growing three times faster than the economy at large, and it is our economic future. I recently attended the G20 in South Africa, where Ministers from across the world were talking about the opportunities offered by the clean power transition in their own countries. It is the economic opportunity of the 21st century, as well as how we deliver on climate leadership: contrary to what Opposition Members might now think, that still matters. It is only right that we deliver a genuinely just transition for the workers who have powered our country for the past 60 years. We have seen where transitions have not been done well. The previous Government failed to put in place any kind of plan, but we will deliver a plan that delivers a just transition and our economic future.

[Seamus Logan (Aberdeenshire North and Moray East) (SNP)]

I hear the Minister’s reassuring words, but surely he can understand the worry of the workers waking up this morning to the news that they heard. It is not just warm words that are causing the problem: it is policy, the energy profits levy and the ban on exploration. It is not just me saying that: those who are concerned include the Port of Aberdeen, Robert Gordon University, the North Sea Transition Authority, the Tony Blair Institute for Global Change and the Scottish Affairs Committee. What will the Minister do to address these policy problems?

[Michael Shanks]

I thank the hon. Gentleman for his tone and I accept the point that he makes. As I have said, we can be clear that there is a viable future for those 2,000 workers and we should be positive about that—it is important that we talk up the future potential of the company—but I recognise that that does nothing for those who might be worrying. We accept that the EPL will come to an end. We have consulted with industry on what the future of that looks like. We want to ensure that the Treasury gains value from price spikes, a point on which his party and mine agree, and that is a matter for the Chancellor to take forward. If he is in favour of a tax cut for oil and gas, it is important that he says where that significant amount of revenue will come from to fund the public services on which he and I rely.

Oral Answers to Questions

Debate between Michael Shanks and Seamus Logan

Tuesday 29th April 2025 Commons Chamber

[Seamus Logan (Aberdeenshire North and Moray East) (SNP)]

The Minister will be aware of the switch-on of Moray West offshore wind farm at Buckie, in my constituency, last week, creating jobs, delivering clean energy and helping our nation to achieve net zero. Does the Minister accept that the current transmission charging regime poses significant and immediate threats to investment in offshore wind in Scotland? Will he meet me and industry representatives to explore that matter further?

[Michael Shanks]

We were delighted to switch on the wind farm; the Secretary of State for Scotland was there to push the button last week. It is a fantastic example of the potential of offshore wind. Of course, I am happy to meet the hon. Gentleman. I have already met him, and had a very enjoyable conversation, and I am very happy to talk about the issue. The review of the electricity market arrangements that we are going through will look at the issue of transmission charges. It is an important conversation to have, and I am happy to speak to him on the subject.

Making Britain a Clean Energy Superpower

Debate between Michael Shanks and Seamus Logan

Friday 26th July 2024 Commons Chamber

[Michael Shanks]

We made it very clear during the election that the future of the North sea is incredibly important, but that future is a transition away from the oil and gas industries that we see at present. The Conservatives also need to recognise that the North sea is a declining basin. We have lost thousands of jobs there over the past decade, and that will continue in the future unless we accelerate our transition in the North sea to the clean energy jobs of the future. It is not good enough to bury our heads in the sand and pretend that this problem does not exist. We need a plan to give people secure, long-term, sustainable jobs for the future, rather than thinking that we can just carry on with business as usual.

[Seamus Logan (Aberdeenshire North and Moray East) (SNP)]

The Minister has referred continually to the role of GB Energy, but how will it deliver lower gas prices? Only yesterday one of his colleagues, the Secretary of State for Energy Security and Net Zero, admitted that the price of gas was determined on the international market.

[Michael Shanks]

I am not sure that the hon. Gentleman understands the purpose of GB Energy, but it is not to bring down gas prices; it is to bring down bills. The whole point of GB Energy is to move us away from our over-reliance on gas. If we are not reliant on gas prices, we will remove that risk to bills from the shocks that we receive from the international markets, but we can do that only if we invest in the clean energy of the future.