The UK government has announced a North Sea Transition Deal with industry, aiming to support high-skilled oil and gas workers and the supply chain in the transition to a low carbon future.
The sector deal between the UK government and oil and gas industry will support workers, businesses, and the supply chain through this transition by harnessing the industry’s existing capabilities, infrastructure and private investment potential to exploit new and emerging technologies such as offshore wind, hydrogen production, Carbon Capture Usage and Storage, and decommissioning.
Through the deal, the oil and gas sector, largely based in Scotland and the North East, government and trade unions will work together over the next decade and beyond with the aim to deliver the skills, innovations and new infrastructure required to decarbonise North Sea production.
Extracting oil and gas on the UK Continental Shelf is directly responsible for around 3.5% of the UK’s greenhouse gas emissions. Through the package of measures, the Deal is expected to cut pollution by up to 60 million tonnes by 2030 including 15 million tonnes from oil and gas production on the UK Continental Shelf – the equivalent of annual emissions from 90% of the UK’s homes – while supporting up to 40,000 jobs across the supply chain.