Economic Report 2023
This year’s landmark report comes as the security, sustainability and affordability trilemma of our energy system is at the forefront of political and public debate.
The last half-century of offshore oil and gas production has helped power our nation and drive economic growth, and this experience provides a strong foundation to develop the new energy sources we need for the future.
Alongside continuing to supply much of our oil and gas needs, companies are supporting the expansion of new energies and driving down our carbon emissions. The challenges the energy industry faces are greater than they have ever been, but equally large are the opportunities.
This year’s Economic Report will outline how we can build the nation’s energy security and its low-carbon future, as well as open new business opportunities and create a stronger economy.