North Sea

North Sea

Energy Minister calls for UK Government action to support oil and gas sector

Scottish Energy Minister Fergus Ewing has called on the UK Government to make further commitments to the help the North Sea oil and gas industry and take action on protecting the stability of the oil and gas fiscal regime. In a briefing at Holyrood to politicians he said there needed to be an urgent consultation on inventives to boost further exploration in the North Sea. Ewing also urged the UK government to make a commitment there would be no tax increases for the industry and any significant policy proposals should be in consultation with both industry and the Oil and Gas Authority (OGA).