|
answer text |
<p>In 2018, the upstream oil and gas industry sent BEIS its first proposal for a Sector
Deal. This proposal was not formally pursued as a complete package but certain aspects
were taken forward, such as establishment of the National Decommissioning Centre which
opened in January 2019. Following our manifesto commitment to a transformational oil
and gas Sector Deal aligned to the energy transition, we have re-commenced discussions
with the industry, which we are committed to delivering this Parliament.</p><p> </p><p>Discussions
have been held at both official and Ministerial levels and have also involved the
Oil and Gas Authority. This conversation will develop further over the next few months
as the sector seeks to develop its proposals and consults with a wide range of stakeholders.</p><p>
</p><p>Whilst there is no formal timescale for concluding a Sector Deal we recognise
that the challenges facing the sector from the collapse of the oil price and the operational
challenges of Covid-19 provide an opportunity to channel the Sector Deal as part of
the recovery for the sector.</p><p> </p><p>The meeting of the MER UK Forum on 11 June
will provide an opportunity for the sector to bring forward its ideas for a Sector
Deal proposal and to discuss these with industry leaders and Ministers.</p>
|
|