UK to Boost Oil and Gas Output after Russian Import Ban

Published

© Lukasz Z/AdobeStock
© Lukasz Z/AdobeStock

Britain will step up its production of oil and gas after saying it will ban Russian oil imports at the end of the year, transport minister Grant Shapps said on Wednesday.

"We're fortunate in the UK that we don't buy proportionately very much Russian oil and gas and we do also produce our own so we'll step that up as well," Shapps told Sky News.


(Reuters - Reporting by William James, editing by Elizabeth Piper)

Current News

Saipem, Subsea 7 Undergo EU Antitrust Investigation

Saipem, Subsea 7 Undergo EU An

Baltic Power Offshore Wind Farm Delivers First Electricity to Polish Grid

Baltic Power Offshore Wind Far

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

Eni Enlists OneSubsea for Deep

Petrobras Concludes Acquisition of São Tomé and Príncipe Offshore Block

Petrobras Concludes Acquisitio

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine