Offshore Industry: Exploration

(asked on 26th March 2026) - View Source

Question to the Department for Energy Security & Net Zero:

To ask His Majesty's Government what assessment they have made of the impact on UK energy import dependency of issuing no new oil and gas exploration licences.


Answered by
Lord Whitehead Portrait
Lord Whitehead
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 13th April 2026

We became a net importer of energy in 2004. Given the maturity of the basin, and the high proportion of future production projected to come from existing developments versus new developments and discoveries, further licensing in the North Sea would not reverse the basin’s natural decline.

Reticulating Splines