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Offshore Industry: North Sea

Asked by Tom HayesLabourDepartment for Energy Security and Net ZeroTabled Answered 21 October 2024UIN 9027

The question

To ask the Secretary of State for Energy Security and Net Zero, what proportion of North Sea operators invest solely in oil and gas extraction.

Answered by Michael Shanks

We recognise that various oil and gas operators are part of integrated energy companies that invest across a range of technologies in the UK and elsewhere. The department does not measure or track investments in the energy transition made by private sector oil and gas companies operating in the UK Continental Shelf.

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