OEUK Calls for Support in Autumn Statement to Boost Homegrown Energy Transition
As the UK prepares for the upcoming Autumn Statement, Offshore Energies UK (OEUK) is urging the Chancellor to prioritize the homegrown offshore energy sector. The trade body emphasizes the importance of making the UK an attractive destination for energy investment, particularly in light of the strategic economic asset that the North Sea oil and gas industry represents. The Importance of North Sea Oil and Gas For over 60 years, the North Sea has been a cornerstone of the UK’s energy and economic security. OEUK argues that this vital resource can continue to play a significant role in powering the nation…
