The leading body for the offshore energy sector, Offshore Energies UK, will launch its flagship Economic Report 2025 at a breakfast briefing sponsored by Deloitte on Wednesday 3 September during Offshore Europe at the P&J Live, Aberdeen.
Speakers and panellists include:
- David Whitehouse, OEUK
- Daniel Grosvenor, Deloitte
- Sarah Moore, Peterson
- Liz Ditchburn, NSTA
- Laura Jarvie, Cerulean Winds
- Simon Roddy, Shell
- Dan McGrail, GB Energy
- Ben Ward, OEUK
This year’s landmark report comes with the energy future of the North Sea and UK in the balance. Industry awaits the outcomes of critical government consultations on its fundamentals – from tax to licencing and industrial policy – as UK energy production hit record lows and the nation imported over 40% of its total energy needs from overseas in 2024.
The report will outline how the UK’s net zero goals and a new generation of economic growth, jobs and energy security depend on policymakers choosing to back responsible domestic production of oil and gas alongside the acceleration of renewables.
The Breakfast Briefing will take place at Offshore Europe at the P&J Live in Aberdeen. Find out more about the event and book a place here: OEUK Aberdeen Breakfast Briefing – Economic Report 2025 | Offshore Energies UK (OEUK)
OEUK’s market intelligence manager Ben Ward says:
“Economic growth requires a secure and affordable mix of homegrown energy. The last half-century of offshore oil and gas production helped power the nation and drive growth, and with the right policies can help the UK build an industrial future and move closer to Clean Power 2030 and Net Zero targets.
“Our report will show how the challenges facing firms and their people across the offshore energy industry are greater than they have ever been, but with reform of key policies they could kickstart growth across the UK.
“If we unlock investment, our North Sea reserves mean UK-based firms could produce half of the oil and gas we need at home as we continue to accelerate renewables – rather than ramping up energy imports with higher emissions that do not add tax revenue or value to the economy as jobs and capital move overseas.
“This is why OEUK is campaigning for the right balance of government backing, industry action, and a competitive fiscal landscape to build the energies the UK needs tomorrow whilst providing people, businesses and homes with the energy security they need today.”
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