Welcome to OEUK’s Business & Supply Chain Outlook 2024, continuing our tradition of delivering the most comprehensive review of the UK’s offshore energy sector’s performance and its future trajectory.
For over five decades, the UK’s offshore energy sector has been a cornerstone of national energy security. The 2024 Outlook highlights an unprecedented scale of opportunity, positioning the industry as central to the UK’s ambitions for net zero.
With a projected investment of £450 billion by 2040 across oil, gas, wind, hydrogen, and carbon capture, utilization and storage (CCUS) projects, this year’s report underscores the critical investments shaping a sustainable energy landscape and affirming our unwavering dedication to net zero.
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