ENERGY NEWS
9
SEPTEMBER 2021
UK NORTH SEA
Energy Review By Tsvetana Paraskova
Updates on field developments, licences, farmouts, and drilling contracts, as well as the state of the UK offshore industry and its workforce featured in the North Sea oil and gas sector this past month.
UK Government Ministers showed support for the offshore oil and gas industry and reiterated support for the North Sea Transition Deal, attending a formal opening of the leading representative body’s new office in Aberdeen on 9 August, OGUK said. “Through our landmark North Sea Transition Deal, we are backing the decarbonisation of the oil and gas industry, while supporting workers both here in Scotland and across the UK, as we work to build back greener and eliminate our contribution to climate change,” Energy and Climate Change Minister AnneMarie Trevelyan said. “The Northeast of Scotland has a reputation for excellence in the oil and gas industry, and as we move towards a greener future, the UK Government is supporting the area to become a global centre of excellence in the energy transition,” said UK Government Minister for Scotland David Duguid. “The Deal will safeguard and create highly-skilled jobs in the Northeast, boosting the economy while helping us realise our net zero ambitions,” Duguid noted. OGUK published in August its Workforce & Employment Insight Report 2021, which showed that almost 34,000 fewer direct and indirect jobs were supported by the oil and gas industry in 2020 than before the pandemic. “While it’s important not to shy away from this reality, it’s also worth noting that we are seeing some very tentative and small indications of recovery. These include the more promising figures announced by OGUK in June, showing that the number of personnel working offshore had returned to pre-March 2020 lockdown levels, as industry continues to focus efforts on keeping people well and safe, while recovering activity and investment levels,” OGUK chief executive Deirdre Michie said in the foreword to the report.
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