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3mo ago

UK Faces Exodus of Energy Workers as Sector Falters

Unpredictable policy has triggered a mass departure of skilled energy workers.

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Almost half of the respondents surveyed said oil and gas professionals were leaving Scotland to work abroad owing to weak confidence in the domestic industry and uncompetitive policies

Overview

  • The Aberdeen & Grampian Chamber of Commerce survey found almost 50% of energy firms have seen staff leave UK operations for overseas roles due to weak confidence, uncompetitive policy.
  • Firms predict that by 2027-28 the bulk of their projects will shift abroad; most work is expected to take place outside the UK by 2030.
  • The government’s energy profit levy reaching up to 78% is cited as key factor undermining investment; lack of viable domestic projects is also blamed.
  • Mark Stewart of Johnston Carmichael; Bob Drummond of D2Zero caution that absence of policy stability risks eroding the UK’s industrial base; experts warn this could leave the country lagging behind international peers.
  • A coalition under the North Sea Transition Taskforce urges a comprehensive national delivery plan designed to secure supply chains; retain skilled workers; support a fair energy transition.