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NEWS INTELLIGENCE ARCHIVE
03 AUG 2026 MONDAY
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With the United Kingdom’s government currently at a crossroads as it faces a critical decision over banning new North Sea exploration licenses or embracing a so-called science-backed approach that curbs emissions, Wood Mackenzie, an energy intelligence group, has pointed out that such a decision could reshape Britain’s energy future for decades. WoodMac also claims the UK could boost North Sea production by 50% while staying within net-zero targets.
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news Offshore Energy ·2025-10-03

50% oil & gas North Sea boost on the UK’s table with cost savings and net zero within reach

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