💥 UK Oil & Gas Crisis 2025: Petrofac Collapse Puts 2000 Jobs at Risk

🇬🇧 UK Oil & Gas Crisis 2025: North Sea Collapse, Petrofac Jobs at Risk & Net Zero 2050 Crossroads

For over 50 years, the North Sea has powered Britain’s economy, fueling homes, creating over 120,000 jobs, and turning Aberdeen into the “Oil Capital of Europe.” But that legacy is now under threat. Production is falling, costs are rising, and major players like Petrofac are collapsing, putting 2000 Scottish oil workers on the brink. As the UK races towards Net Zero 2050, an entire generation of engineers, drillers and offshore experts are asking: what happens next?

⚡ Is the North Sea Transition Deal a real lifeline or too little, too late?
🌍 Can the UK balance green ambitions with the livelihoods of those who built its energy backbone?
💔 Behind every statistic is a human story of families, uncertainty, and resilience.

This is the story of an industry at a turning point and a nation deciding whether to reinvent or fade away.

🕒 Chapters
0:00 – Introduction: UK Oil & Gas Legacy
0:13 – 1970s North Sea Boom: Jobs, Prosperity & Aberdeen
0:25 – Current Crisis: Falling Production & Rising Costs
0:38 – Petrofac Collapse: 2,000 Jobs at Risk
0:50 – Net Zero 2050: The UK’s Bold Energy Vision
1:02 – Human Impact: Workers Facing Uncertainty
1:22 – North Sea Transition Deal: Lifeline or Not?
1:32 – Final Crossroads: Reinvent or Fade Away

💬 COMMENT BELOW: Should the UK protect North Sea oil jobs or go all-in on renewables by 2050?
🔔 SUBSCRIBE for weekly UK energy & economy breakdowns, from oil decline to the rise of green power.

⚠️ Disclaimer: Educational content only. Not financial or investment advice. Verify with BEIS, FCA or official sources.

#UKOil #FinanceUK #NetZero2050 #EnergyCrisisUK #UKJobs #OilAndGasUK #NorthSeaDeal #Petrofac #EnergyTransition

🔍 Optimised UK Tags
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