Drilling Licenses To Generate Employment For Oil And Gas Workers In The UK

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In the wake of low crude oil prices around the globe, UK is offering drilling licenses for fracking to become self-reliant in meeting its energy requirement. The investment in shale is expected to create as many as 64,000 jobs in the oil and gas industry. This new development is good news for oil and gas job seekers who have either lost their jobs or are looking for vacancies in the oil and gas industry. Read this article to learn more about this new development.

Investment In Shale To Support Thousands Of Jobs

The investment in shale is expected to make the UK self-reliant in meeting its energy needs. In addition, the large number of jobs that would be created as a result of this investment would provide financial security to many more families in the UK, keeping the economy going strong.

Energy secretary Minister Amber Rudd said in a recent article:

“Keeping the lights on and powering the economy is not negotiable and these industries will play a key part in providing secure and reliable energy to UK homes and businesses for decades to come”, he added. “Investment in shale could reach £33bn and support 64,000 jobs creating financial security for hardworking people and their families, whilst providing a cost-efficient bridge to lower-carbon energy use”.

License Blocks Offered For Fracking

The license blocks offered for fracking aims to make the economy of UK resilient. Although there is some opposition to fracking as it is expected to adversely affect the environment and communities residing close to these sites, the benefits of fracking and unlocking the shale gas deposits far outweigh these concerns.

Energy Minister Lord Bourne said in another article:

“As part of our long-term plan to build a more resilient economy, create jobs and deliver secure energy supplies, we continue to back our onshore oil and gas industry and the safe development of shale gas in the UK”.

The financial security offered to families and self-reliance in energy that is promised by the shale gas exploration is a huge boost to the UK. Job seekers will find this a great opportunity to pursue rewarding careers in the oil and gas industry, due to this new development.