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Offshore Industry: Finance

Asked by Martin WrigleyLiberal DemocratDepartment for Energy Security and Net ZeroTabled Answered 29 May 2025UIN 53725

The question

To ask the Secretary of State for Energy Security and Net Zero, whether he is taking steps to financially support oil and gas workers during the transition away from fossil fuels.

Answered by Michael Shanks

The Government is committed to a managed just transition for the North Sea, supporting affected regions and communities as the energy system evolves. It recently consulted on ‘Building the North Sea’s Energy Future’ to unlock long-term clean energy investment in the basin while delivering economic opportunities across the affected regions. A response setting out its next steps will be published in due course. The Office for Clean Energy Jobs will continue to coordinate work to support building the skilled workforce we need for the clean energy and net zero transition.

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