Offshore Industry: Government Assistance

(asked on 17th May 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to support the UK’s oil and gas sector.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 25th May 2022

The North Sea Transition Deal sets out how the Government is working with the offshore oil and gas industry in partnership to achieve a managed energy transition, which leaves no-one behind.

In April, the Government published the British Energy Security Strategy, setting out plans to support the North Sea as a foundation of our energy security, This includes plans for the North Sea Transition Authority to launch another licensing round in the autumn, taking into account the forthcoming climate compatibility checkpoint and the need for energy security; as well as Gas and Oil New Project Regulatory Accelerators.

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