North Sea deal to protect jobs | ONE

Commenting on the announcement of new North Sea Transition Deal Sir Ian Wood, Chair, Opportunity North East said:

“The announcement of the North Sea Transition Deal is hugely welcome and a massive boost for our region and I pay tribute to the key role played by Oil & Gas UK in helping secure this vital agreement.

“There is no doubt that the north east of Scotland is uniquely positioned within Scotland and the UK to take advantage of the massive opportunities presented by energy transition. As we continue to transition from oil and gas, this deal will allow us to develop a world-class supply chain and create new significant green job and investment opportunities.

“The North Sea Transition Deal, alongside the recent announcement of funding toward the Energy Transition Zone and Global Underwater Hub in Aberdeen, means we are taking vital steps in this country’s journey to a low-carbon future. This secures our region’s position as one of the most exciting and attractive locations in Europe to develop and accelerate the commercialisation of innovative green technologies.

"Having powered the country for over 50 years, the North East’s oil and gas sector’s energy expertise is crucial to developing the green innovation required to see the UK achieve net-zero emissions by 2050.”

Read more here North Sea deal to protect jobs in green energy transition