OEUK Responds to Russia Oil Ban

Source: www.gulfoilandgas.com 3/8/2022, Location: Asia

Offshore Energies UK (OEUK), the leading trade association for the offshore energy industry has reiterated its commitment to working with the Government to ensure security of energy supply across the UK and deliver net zero.

It comes as the UK government announced it is to phase out imports of Russian oil and oil products by the end of 2022. The government noted that this will allow the UK industries time to adjust supply chains, supporting industry and consumers. The government will work with companies through a new Taskforce on Oil to support them to make use of this period in finding alternative supplies.

Representing over 400 companies and nearly 200,000 people working in the sector, OEUK said it remains focused on supporting both the UK’s energy security and net zero goals by scaling up cleaner energies like wind and hydrogen, but also by ensuring we produce as much of the oil and gas that this country will continue to need domestically, rather than being reliant on importing it from other countries around the world.

OEUK also restated its commitment to the government’s net zero emission targets and plans through the landmark North Sea Transition Deal that will help accelerate the UK’s move to cleaner energies.

Deirdre Michie OBE, CEO of Offshore Energies UK, said:

“The UK has diverse, secure, and reliable energy sources with the majority coming from domestic production and pipelined supply from Norway. We continue to work with the government and our members to see how we can build on this reliable energy base while we continue to rapidly accelerate the transition to cleaner energies. We will consider these proposals in more detail in the coming days and stand ready to work with government as we provide the skills, capabilities and infrastructure required to deliver the UK’s energy ambitions.”


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