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Evening Standard
Evening Standard
Business
Nick Forbes

Urgent action on oil and gas decommissioning could create 25,000 jobs – report

Hundreds of North Sea oil and gas wells are already overdue for removal (Andrew Milligan/PA) - (PA Archive)

A think tank has called for “urgent action” to ensure oil and gas companies decommission old North Sea infrastructure, saying doing so could create up to 25,000 jobs and deliver a £15 billion economic boost.

A report by Redwater Insights found Government action to guarantee operators clean up ageing infrastructure could also provide a “critical skills bridge” for 15,000 skilled workers facing an unemployment “cliff edge” as the North Sea basin continues to decline.

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