The visit comes ahead of the Energy Export Conference in
June 2019 which is set to bring key partners together with
the aim of accelerating export growth in the sector to key
international markets.
The Minister will today meet a range of companies and
organisations in the oil and gas industry – including the
Oil and Gas Authority and Scottish Development
International - to demonstrate DIT commitment to helping
the UK oil and gas industry maximise its economic
potential. It is estimated that the UK supply chain already
delivers a £30 billion turnover, of which 40% is delivered
through exports.
At next year’s conference in Aberdeen, organised by trade
association the Energy Industries Council, around 20
speakers from major international operators and contractors
will present an estimated £100bn worth of project
opportunities for UK companies.
This is all part of a shared industry vision – Vision 2035
– which includes the aim to double the UK’s global share of
the oil and gas service sector market by 2035. In turn,
this will help to add a generation of productive life to
the North Sea Basin and maintain the UK oil and gas
industry’s position as a significant contributor to the UK
economy for decades to come.
Minister of State for the Department for International
Trade, , said:
The Oil and Gas industry is a key industry which provides
economic growth, jobs and opportunities in companies in
the wider supply chain all across Scotland.
I am absolutely delighted that Aberdeen has been chosen
to host the inaugural Energy Export Conference next year.
The Department for International Trade will be supporting
the conference to ensure it’s a great success.
We continue to stand ready to help companies, large and
small, the length and breadth of the UK to export their
goods and services and encourage all interested firms to
take a look at our Export Strategy to see how we can
help.
CEO of the trade body the Energy Industries Council (EIC),
Stuart Broadley, said:
The inaugural Energy Exports Conference promises to be
the UK’s largest ever export-focussed event in the energy
sector. Our aim is to generate significant new
incremental export business for UK companies - both for
established exporters but also importantly inspiring new
exporters.
Uniquely, a number of stakeholders are collaborating to
ensure this major event achieves maximum impact - the EIC
has agreed to take the lead and we are delighted to have
full support from DIT, SDI and the Oil & Gas
Authority, as well as Opportunity North East, Oil &
Gas UK and UK Export Finance.
The visit comes after the Minister recently launched the
UK’s new Export Strategy. The Strategy sets out how the
government will support businesses of all sizes to make the
most of the opportunities presented by markets around the
world.
A government-led collaboration with business, developed
after extensive engagement with a range of UK firms - the
Strategy sets a new ambition from government to increase
exports as a proportion of UK GDP to 35%.
