Offshore Industry: Territorial Waters
(asked on 22nd June 2023) - View Source
Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government what percentage of existing oil and gas fields within the UK’s territorial waters is owned by companies headquartered in the UK.
Answered by
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 5th July 2023
The Government does not specifically track the headquarters of oil and gas licensees operating on the UK Continental Shelf. However, it is a requirement that all licence holders must be UK registered, either as a company or as a branch of an overseas company.