Oil & Gas
The East of England has been an established national hub for the offshore Oil & Gas industry for more than 50 years. It is a base for national and international businesses, with a strong local workforce and vast experience, stretching back to the 1960s.
Oil & Gas currently meet around two-thirds of the world’s demand for energy. Demand is expected to rise which means there is potential for renewed interest in exploration over the next two decades.
The Southern North Sea (SNS) currently plays host to 150 offshore platforms and two interconnectors to the European mainland. The region’s Oil & Gas industry employs 330,000 people in the UK according to Oil & Gas UK.
EEEGR are working with the Oil and Gas Authority (OGA) and Oil & Gas UK, on a SNS Rejuvenation Special Interest Group (SIG). Workgroups include tight (carboniferous) gas exploration and production, opportunities for sharing best practise between the UK and NL, synergies between the Oil & Gas and renewables sectors and production losses due to salting.