Commenting on the Chancellor’s announcement today that the furlough scheme will be extended until the end of March 2021, OGUK’s workforce engagement and skills manager, Dr Alix Thom said:

“We welcome the support the Chancellor is providing today as it may provide a vital lifeline to many of our members enabling them to retain hundreds of workers in our industry whose skills and capabilities we will need to deliver deferred work, enable recovery and support our efforts in the transition to a low carbon future. Along with so many people facing continuing uncertainty due to Covid-19, our sector faces extra pressures generated by volatile oil and gas prices.

“These challenges inevitably mean recovery will take longer but we are doing all we can to support our supply chain and mitigate against further job losses. Through playing our part in delivery a green recovery, realising the full potential of the government’s  North Sea Transition Deal and continued support for our industry, we can help keep energy costs low for households and families, retain jobs and create new roles for the future.”

KeyFacts Energy Industry Directory: Oil & Gas UK