Oil and Gas Business Outlook 2019


This report makes clear there is a huge opportunity for £200bn of investment in the North Sea oil and gas industry.
The increase in production is also very good news, but there challenges clearly remain for many firms in the supply chain.
The UK Government is fully committed to the future of this vital sector which supports hundreds of thousands of jobs.
I will continue to champion this industry at Westminster and make the case for to maintain the right conditions for further investment.