Offshore Industry: North Sea

(asked on 23rd October 2026) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, how Rosebank will improve and secure the UK's energy security in the context of the amount of oil destined for international markets.


Answered by
Michael Shanks Portrait
Michael Shanks
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 2nd November 2026

The prices of oil and gas are determined by international markets, regardless of where supply comes from.

The government is taking a pragmatic approach to support existing North Sea oil and gas production and back the highly skilled workforce as opportunities grow in renewables and wider sectors. Transitional Energy Certificates will allow for some oil and gas production in already-explored areas that are near licensed fields, linked via a tieback, ensuring existing fields can remain economically viable. Further licensing would have limited impact on growth, including in Cardiff West.

The Rosebank field consenting decision remains subject to a live ‘quasi-judicial’ regulatory process, so it would be inappropriate to comment on the project.

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