The Government has now implemented all of the Wood Review recommendations and established the Oil and Gas Authority as a strong, independent regulator focused on maximising economic recovery of the UK Continental Shelf (UKCS). This in turn will help to drive investment and support jobs. The Oil and Gas Authority is working hard with industry to facilitate greater collaboration across the UKCS, increase efficiencies, and promote the industry in the UK and abroad.<\/p>
In the last two Budgets, the Government has provided a £2.3bn package of support to ensure the UK has one of the most competitive oil and gas tax regimes in the world, protecting jobs and investment. As part of this, we have contributed £40 million to fund two new seismic campaigns to help encourage exploration activity. In addition, the Oil and Gas Authority recently published a new supply chain strategy and delivery plan to maximise the economic potential of the supply chain, anchor the service sector in the UK and improve the supply chain\u2019s export potential.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3991", "label" : {"_value" : "Biography information for Jesse Norman"} } , "answeringMemberConstituency" : {"_value" : "Hereford and South Herefordshire"} , "answeringMemberPrinted" : {"_value" : "Jesse Norman"} , "dateOfAnswer" : {"_value" : "2016-11-17", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2016-11-17T17:10:15.297Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2016-11-08", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Offshore Industry"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, what the Government's strategy is to provide support to (a) increase investment in, (b) create jobs in and (c) maximize the global competitiveness of the oil and gas sector.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4488", "label" : {"_value" : "Biography information for Martyn Day"} } , "tablingMemberConstituency" : {"_value" : "Linlithgow and East Falkirk"} , "tablingMemberPrinted" : [{"_value" : "Martyn Day"} ], "uin" : "52281"} , {"_about" : "http://data.parliament.uk/resources/631336", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/631336/answer", "answerText" : {"_value" : "
This Government has continuously engaged with this important sector and recognise the challenges it faces. Last week my Rt hon Friend the Secretary of State for Business, Energy and Industrial Strategy (BEIS), myself and Ministerial colleagues in BEIS and HM Treasury met with representatives of the industry where we discussed the actions to take in order to maximise economic recovery of the UK Continental Shelf.<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3991", "label" : {"_value" : "Biography information for Jesse Norman"} } , "answeringMemberConstituency" : {"_value" : "Hereford and South Herefordshire"} , "answeringMemberPrinted" : {"_value" : "Jesse Norman"} , "dateOfAnswer" : {"_value" : "2016-11-08", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2016-11-08T16:37:57.02Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2016-11-02", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Offshore Industry: North Sea"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent discussions he has had with the Chancellor of the Exchequer on support for the North Sea oil and gas sector.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4488", "label" : {"_value" : "Biography information for Martyn Day"} } , "tablingMemberConstituency" : {"_value" : "Linlithgow and East Falkirk"} , "tablingMemberPrinted" : [{"_value" : "Martyn Day"} ], "uin" : "907135"} , {"_about" : "http://data.parliament.uk/resources/596144", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/596144/answer", "answerText" : {"_value" : "
The proposals to reform the Energy Company Obligation scheme would increase support for low income and vulnerable households from £310 million to £450 million in 2017, with an intention to increase this to £640m each year from 2018 to 2022. Warm Home Discount provides further support to over 2 million low income and vulnerable households each year through a £140 energy bill rebate.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3991", "label" : {"_value" : "Biography information for Jesse Norman"} } , "answeringMemberConstituency" : {"_value" : "Hereford and South Herefordshire"} , "answeringMemberPrinted" : {"_value" : "Jesse Norman"} , "dateOfAnswer" : {"_value" : "2016-10-12", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2016-10-12T15:50:10.547Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2016-10-07", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Fuel Poverty"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect of changes in Government investment in home energy efficiency on levels of fuel poverty.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4488", "label" : {"_value" : "Biography information for Martyn Day"} } , "tablingMemberConstituency" : {"_value" : "Linlithgow and East Falkirk"} , "tablingMemberPrinted" : [{"_value" : "Martyn Day"} ], "uin" : "46985"} , {"_about" : "http://data.parliament.uk/resources/584157", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/584157/answer", "answerText" : {"_value" : "
The Government believes that it is essential that consumers get a fair deal and that falls in oil prices are passed on to lower retail prices.<\/p>