The number of jobs supported by the offshore energy sector could rise by 50 per cent if supportive policy were to help to unlock spending, research suggests.
Offshore Energies UK, the trade body, says decisions taken by the next government will affect the livelihoods of hundreds of thousands of workers in the sector.
It estimates that by the end of the decade there is potential for up to 225,000 people to be employed in the oil and gas, carbon capture and storage, offshore wind and hydrogen sectors. That would be up from 150,000 direct and indirect roles in place today.
However, it warns that a failure to manage an oil and gas transition, a slow pace of offshore wind deployment and a lack of