As part of yesterday's Budget, the UK government said:
The North Sea – its communities, workers, businesses and supply chains – will be at the heart of Britain’s clean energy and industrial future as the UK government has published a landmark plan to protect existing jobs and deliver the next generation of good, new jobs. The North Sea will continue to power Britain for many decades to come, but declining oil and gas reserves over last 20 years has seen more than 70,000 jobs lost in the last decade and left an urgent need to act now to secure its long-term future.
After years of inaction, the government is charting a new course for the North Sea, providing a global blueprint for a fair, managed and prosperous transition to future proof the sector. The new North Sea Future Plan, published today, sets a clear path to grow clean energy industries, support the management of existing oil and gas fields for their lifespan, and help North Sea workers and communities make the transition.
To access the full announcement, click here
Source: GOV.UK
