Economic Report 2017

E C ONOM IC R E P OR T 2 0 1 7 E C M C R E P R T 2 0 1 7

W it h in t h e Industrial Strategy Green Paper , the goǀernment set an oƉenͲdoor challenge to industry to come for w ar d w it h p r op osals t o t r ansfor m and up gr ade t h e ir se ct or t h r ough t ar ge t e d Se ct or D e als. A ny p ot e nt ial Se ct or D e al w ill h av e a q uid- p r o- q uo e le m e nt . T h e r e is an e x p e ct at ion t h at t h e se ct or p r op ose s an ar e a of b usine ss ǁithin ǁhich they could taŬe action to transĨorm their strategic ƉrosƉects and need the goǀernment to interǀene, ǁhere Ɖractical, to madžimise the chance oĨ success͘ Oil & Gas UK for m s p ar t of a Se ct or D e al T ask F inish Gr oup t h at w ill p r e se nt t h e case on b e h alf of indust r y v ia a suďmission to goǀernment͘ The other memďers oĨ the grouƉ are͗ I^, ecomEorth ^ea, International Association oĨ rilling ontractors, ast oĨ ngland nergy GrouƉ, EO& nergy, OGT , ^uďsea UK, nergy Industries ouncil and OGA .

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