Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Boris Johnson hosts oil and gas CEOs on ‘boosting supply’ from North Sea

© Boris Johnson/ TwitterUK energy strategy
Boris Johnson meeting with oil and gas leaders in Downing Street last month.

Boris Johnson has hosted the leaders of the UK oil and gas industry at Downing Street to discuss how to achieve “greater energy independence” for Britain.

The Prime Minister discussed “boosting supply of domestic gas” from the North Sea and how the UK can remove barriers being faced by investors and developers so this can be achieved more quickly.

BP, TotalEnergies, Shell, Harbour Energy, Neptune Energy, Equinor and Esso were among the attendees, along with the Oil and Gas Authority and Offshore Energies UK (OEUK), among others.

The roundtable comes as the UK Government is expected to produce its new energy supply strategy – reportedly as soon as next week – with renewable energy, nuclear and domestic gas “all a crucial part of achieving its aims”.

All parties agreed to accelerate ways to boost supply of domestic gas, Number 10 said in a statement released today.

A picture released on Boris Johson’s twitter feed includes OEUK CEO Deirdre Michie and BP CEO Bernard Looney.

It comes as household bills and prices at petrol pumps surge in the wake of the Russian invasion of Ukraine, and as the UK weans itself off of Russian supply.

Imports of oil from the country, which account for 8% of UK supply, have been sanctioned. Business Secretary Kwasi Kwarteng has said he’s assessing ways of removing Britain’s 4% dependence on Russian gas.

Critics have been quick to point out that any new oil and gas projects would take years to come online and policies of energy efficiency would be more effective to tackle the near-term surge in household bills as the price cap is due to rise in April and October.

However, academics have pointed to the benefit of having all options on the table, as well as the value of protecting domestic supply.

Oil and gas leaders also spoke with Boris Johnson on the industry’s role in developing low-carbon hydrogen and carbon capture projects – both covered in the North Sea Transition Deal signed last year.

Kwasi Kwarteng, energy minister Greg Hands, chancellor of the Duchy of Lancaster Steve Barclay and chief secretary to the Treasury Simon Clarke also attended.

Other members of the oil and gas industry in attendance included Blackstone Energy Partners, Bluewater Energy, Carlyle International Energy Partners, Greenergy and Prax Group.

Recommended for you

More from Energy Voice

Latest Posts