Paul Monaghan – 2016 Parliamentary Question to the Department for Energy and Climate Change

The below Parliamentary question was asked by Paul Monaghan on 2016-05-09.

To ask the Secretary of State for Energy and Climate Change, what steps she is taking to increase exploration for oil and gas in the North Sea.

Andrea Leadsom

In January the Prime Minister announced a package of new measures to increase exploration for oil and gas in the North Sea. This included £20m of additional funding for seismic surveys, a £1m prize fund to maximise use of the 2015 seismic surveys and £700k funding for new 3D visualisation centre at Heriot Watt University.

This builds upon previous fiscal measures and seismic funding made by this government to ensure the UK Continental Shelf remains an attractive destination for investment – safeguarding the future of this vital national asset.