Gordon MP Richard Thomson has welcomed new research from Offshore Energies UK (OEUK), the leading trade body for the integrating offshore energy industry, on the economic impact of the sector in Scotland.
The research has revealed that oil and gas contributes £16bn Gross Value Added (GVA) to the economy of Scotland, providing jobs for more than 82,000 people across the country. Aberdeen and the North-east has long been a focal point of the oil and gas sector, and these figures underline the importance of the sector to the Scottish economy.
The OEUK research states oil and gas continues to meet some 75% of the UK’s energy and companies in Scotland play a critical role in maintaining the UK’s existing energy supplies while at the same time building the low carbon energy systems of the future.
The UK is entering into a transformational period of energy production and Scotland will be critical in the transition, with the workforce’s skills and expertise proving fundamental in the drive to net zero. Scotland plays host to a range of professional and engineering services within the oil and gas industry that are both directly and indirectly involved in aiding the UK’s transition to a low-carbon future.
Commenting, Richard Thomson MP said:
“This latest research shows how important the energy economy both is and will continue to be, not just to the North-east but also to the wider Scottish Economy.
“Within that industry are the people with the expertise, experience and drive to take us to net zero. It’s therefore vitally important to ensure that the transition path we follow retains those skills, embraces the opportunities of the Scottish Government’s £500million transition fund for the North-east and fully capitalises on the economic prospects of being at the global forefront of the move to net-zero.”