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Offshore Industry: Coronavirus

Question for Treasury

UIN 123594, tabled on 1 December 2020

To ask the Chancellor of the Exchequer, what the total value of covid-19 related grants and payments is from the public purse to duty holders in the UK sector of the offshore oil and gas industry, broken down by support for (a) revenue streams, (b) capital investment and (c) employment costs.

Answered on

9 December 2020

The Government does not publish the level of data requested in order to prevent the release of potentially disclosive information.

The Government is closely monitoring the impacts of the pandemic and period of low oil prices on the upstream oil and gas industry and continues to engage closely with a range of stakeholders from the sector.

Throughout this crisis, the Government has sought to protect people’s jobs and livelihoods, and support businesses and public services across the UK. The Government has spent over £280 billion to do so this year.

Covid-19 related grants and payments available to businesses and individuals across the country include the Coronavirus Job Retention Scheme (CJRS) and the Self-Employed Income Support Scheme (SEISS). Further grants to help businesses include the Additional Restrictions Grant (ARG) to local authorities in England.

Answered by

Treasury