United Kingdom: Minister predicts healthy UKCS period, despite tax hike ///

Malcolm Wicks is Minister of State for Energy within the UK Department of Trade and Industry (DTI) in London. He has overall responsibility for energy issues, including sustainability and the environment, corporate social responsibility, security of energy supplies, fuel poverty, and nuclear security and export control. Accordingly, he oversees DTI’s Energy Group of five major units. Question: How would you describe DTI’s role within the British upstream oil and gas industry? Answer: DTI, in collaboration with UK Trade & Investment (the government organization that supports British companies doing business internationally, as well as overseas enterprises seeking to locate in the UK), has a key role in creating the conditions for business success and helping the UK to respond to the challenges of globalization. We aim to continue to support all sectors of British business, both at home and abroad, to promote science and innovation, and to generate more inward investment.

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