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
18 February 2026
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in the North America
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
