OGUK - Our Priorities for Government

UKCS production is equal to 45% of UK energy needs UK industry must remain internationally competitive to unlock new opportunities

Oil and gas production contributed over £24 billion to UK GDP in 2018

The oil and gas industry supports around

UKCS production is equal to 45% of UK energy needs

Oil & Gas UK (OGUK) is the leading representative organisation for the UK offshore oil and gas industry. Our membership includes almost 400 organisations with an interest in the UK’s upstream oil and gas sector from exploration through to decommissioning and located across the length and breadth of the UK and overseas. As the champions of industry, we work on behalf of our members to inform understanding, engage industry on a range of key issues and promote the wider value of the UK’s offshore oil and gas sector. UK industry must remain internationally ompetitiv to unlock new opportunities Crucial to maintaining energy security Oil and gas production contributed over £24 billion to UK GDP i 2018 Read all our industry reports at www.oilandgasuk.co.uk /publications The UK oil and gas industry supports the ambition to achieve a net-zero carbon economy UKCS production continues to grow, now meeting 59% of oil and gas demand

270,000 jobs across the UK

Crucial to maintaining energy security

UKCS production continues to grow, now meeting 59% of oil and gas demand The oil and gas industry supports around

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UK industry must remain internationally competitive to unlock new opportunities The UK oil and gas industry supports the ambition to achieve a net-zero carbon economy

Drilling activity is creasing – more E&A wells have been drilled s far in 2019 than in the whole of 2018

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59% 270,000 jobs across the UK

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Oil and gas will continue to make a vital contribution to the energy mix and energy security post-2050 Drilling activity is increasing – more E&A wells have been drilled so far in 2019 than in the whole of 2018

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The i ustry has the skills, experience and res urces to help

The UK oil and gas industry supports the ambition to achieve a net-zero carbon economy

the UK economy achieve net-zero

59%

The UK Oil and Gas Industry Association Limited (trading as OGUK) 2019 OGUK uses reasonable efforts to ensure that the materials and information contained in the report are current and accurate. OGUK offers the materials and information in good faith and believes that the information is correct at the date of publication. The materials and information are supplied to you on the condition that you or any other person receiving them will make their own determination as to their suitability and appropriateness for any proposed purpose prior to their use. Neither OGUK nor any of its members assume liability for any use made thereof. The industry has the skills, experi nce and resources to help

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Oil and gas will continue to make a vital contribution to the energy mix and energy security post-2050

the UK economy achieve net-zero

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