Question to the Department for Energy Security & Net Zero:

To ask His Majesty's Government what steps they are taking to mitigate the impact of the decline in the size of the North Sea oil sector on the UK economy.

The Government is committed to supporting the upstream oil and gas industry. It established the North Sea Transition Authority in recognition of the mature nature of the UK Continental Shelf.

The North Sea Transition Deal, agreed with industry, will support workers, businesses and the supply chain by harnessing industry’s existing capabilities to exploit emerging technologies such as hydrogen, carbon capture usage and storage and offshore wind. It could support 40,000 jobs, generate investment, new business and trade.

The Government is also funding the Aberdeen Energy Transition Zone, supporting jobs and green growth.