Offshore Energies UK (OEUK) has warned that more action is needed from both government and industry to support supply chain companies in sustaining oil and gas activity, while helping to build low-carbon future energy systems.
The industry body's new report called on government to provide a stable regulatory and fiscal framework to give the supply chain a predictable business environment to continue investing in the UK’s energy security.
The report encompasses the hundreds of firms of all sizes providing products and services operators require to run North Sea oil and gas installations.
