Outlook 2025: A new era in energy – how the UK offshore sector can lead in a competitive market
The government must take the opportunity to harness the sector’s immense potential to support the long-term development of the UK’s low-carbon sector
In today’s rapidly changing world, we face a unique set of challenges. The cost-of-living crisis, rising geopolitical tensions and the urgent need to address climate change create a landscape where collaboration between governments, industry and the public is essential. At the heart of these discussions is the need for economic growth driven by our offshore energy sector. For the past 50 years, this sector has been the backbone of the UK’s energy supply, meeting approximately 50% of our oil and gas needs. It supports more than 200,000 skilled jobs and contributes £30b ($39b) to the economy, providing a solid foundation for our energy future. The UK is home to a world-class energy supply chai
Also in this section
26 February 2026
OPEC, upstream investors and refiners all face strategic shifts now the Asian behemoth is no longer the main engine of global oil demand growth
25 February 2026
Tech giants rather than oil majors could soon upend hydrocarbon markets, starting with North America
25 February 2026
Capex is concentrated in gas processing and LNG in the US, while in Canada the reverse is true
25 February 2026
The surge in demand for fuel and petrochemical products in Asia has led to significant expansion in refining and petrochemicals capacities, with India and China leading the way






