Building the Future North Sea

Shaping a homegrown energy future for UK security, growth, industry and net zero

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The future of the North Sea affects us all. Reach out to your MP or a DESNZ Minister today.

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Support the OEUK Future of the North Sea Campaign

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We encourage policymakers to engage with industry to learn more about our people, companies, and talents across the UK that support economic growth, energy security, and delivery of net zero.

Contact our External Affairs team

With vital consultations ongoing for this sector, the future of the North Sea is in our hands.

By taking a pragmatic approach, we can unlock the full potential of the North Sea:

  • Reform the Energy Profits Levy: Replace the windfall tax with a permanent mechanism to boost investment and economic growth.
  • Secure homegrown energy: Reduce our dependence on costly, higher-emission imports by increasing domestic production.
  • Protect jobs: Protect and grow over 200,000 skilled jobs across the UK.
  • Deliver on Net Zero: Invest in cleaner technologies such as offshore wind, carbon capture, and hydrogen, supported by our existing infrastructure and supply chain.

Why act now?

Decisive moment for policy

The decisions made today will define the UK’s energy security, national security, economic resilience, and net zero ambitions for decades to come. 

Securing our future

A pragmatic approach means continuing to prioritise homegrown sources of energy – supporting homegrown jobs and a homegrown economy too.  

Explore OEUK’s 2025 Budget Submission

Get a clear picture of OEUK’s recommendations and priorities for the upcoming Budget.

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Our latest
publication

This briefing document sets out OEUK’s perspective on the future of the North Sea, highlighting its essential role in supporting the UK’s energy security and climate goals. It calls for a stable and competitive investment environment, a clear long-term strategy, and strong collaboration between industry and government. The document outlines opportunities in oil and gas, offshore wind, hydrogen, and carbon capture and storage (CCUS), and makes the case for a joined-up approach that supports jobs, drives innovation, and boosts economic growth.

UK Constituency Map

Use our interactive map to discover detailed information about every UK parliamentary constituency. Find your local MP and see which OEUK members are active in your area.

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What are the benefits of the UK’s North Sea?

  • 01.

    Supports skilled jobs nationwide

    The offshore energy industry sustains over 200,000 jobs across the UK, including 90,000 in Scotland. 

  • 02.

    Major economic contributor

    In 2023 alone, UK oil and gas added £25bn to the economy. Companies operating here plan to invest over £120bn in offshore energy by 2030, including at least £65bn in offshore wind, hydrogen and the carbon capture and storage – all solutions needed to help the nation decarbonise. 

  • 03.

    Essential for energy security

    Even in the net zero future, the UK will require 13-15 billion barrels of oil and gas between now and 2050. Current plans show the UK will produce less than 4 billion barrels, leaving us increasingly reliant on imports.  

  • 04.

    Delivering the energy transition

    The industry has cut oil and gas emissions by 28% since 2018 and more than halved methane emissions. The same supply chains, engineering expertise, and infrastructure that deliver our oil and gas today are also building the offshore wind farms, carbon storage projects, and hydrogen networks of the future.  

  • 05.

    A national strategic asset powering industry

    The North Sea underpins industrial capability across the UK, from energy hubs in Aberdeen and Teesside to manufacturing sites in the Black Country, the Humber, and central Scotland. 

The Future of the North Sea is in Our Hands

The need to support homegrown oil and gas in the UK

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