Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government what assessment they have made of the economic impact of North Sea oil and gas decommissioning activities on UK coastal communities, including the estimated number of jobs created and the associated industrial opportunities.
The current overall cost estimate for North Sea decommissioning is approximately £40 billion, with UK suppliers in line to receive 70% of planned work in Supply Chain Action Plans submitted to the NSTA in 2022. The Government is currently consulting on the future of the North Sea and is seeking views on how we can seize the opportunities of the energy transition, including decommissioning.
Consultation launched on 5 March, last week.