North Sea oil industry

The North Sea oil industry involves exploring, extracting, and producing oil and natural gas beneath the seabed in the North Sea, primarily around the UK and Norway. Using advanced offshore platforms and drilling technology, companies tap into underwater reserves to meet global energy demands. The industry is vital for the economy, providing jobs and energy resources, but it also poses environmental risks, such as oil spills and emissions. Over time, the industry has evolved with enhanced technology, with some mature fields declining and focus shifting toward sustainable energy transition and newer reserves.