Offshore Industry
(asked on 1st November 2016) - View Source
Question to the Scotland Office:
To ask the Secretary of State for Scotland, what progress has been made on the development of a long-term decommissioning strategy for the North Sea oil and gas industry to (a) ensure the development of that industry and (b) maintain the role of that industry in the Scottish economy.
The UK Government is well-aware of the importance of the oil and gas sector to the economy and in the last two budgets we announced radical packages of tax measures worth £2.3bn to ensure the UK Continental Shelf (UKCS) remains an attractive destination for investment.
(a) The Oil and Gas Authority (OGA) has been set up to regulate, influence and promote the UK oil and gas industry and maximise economic recovery of the UK’s oil and gas resources;
(b) The OGA has recently published its decommissioning strategy and delivery programme. This outlines how the OGA, government and industry will work together, and is available online at:
https://www.ogauthority.co.uk/news-publications/publications/2016/decommissioning-strategy/