The visit comes ahead of the Energy Exports Conference in June 2019 which is set to bring key partners together with the aim of accelerating export growth in the sector to key international markets.

The Minister will today meet a range of companies and organisations in the oil and gas industry – including the Oil and Gas Authority and Scottish Development International – to demonstrate DIT commitment to helping the UK oil and gas industry maximise its economic potential. It is estimated that the UK supply chain already delivers a £30 billion turnover, of which 40% is delivered through exports.

At next year’s conference in Aberdeen, organised by trade association the Energy Industries Council, around 20 speakers from major international operators and contractors will present an estimated £100bn worth of project opportunities for UK companies.

This is all part of a shared industry vision – Vision 2035 – which includes the aim to double the UK’s global share of the oil and gas service sector market by 2035. In turn, this will help to add a generation of productive life to the North Sea Basin and maintain the UK oil and gas industry’s position as a significant contributor to the UK economy for decades to come.

Minister of State for the Department for International Trade, Baroness Fairhead, said:

The Oil and Gas industry is a key industry which provides economic growth, jobs and opportunities in companies in the wider supply chain all across Scotland.

I am absolutely delighted that Aberdeen has been chosen to host the inaugural Energy Exports Conference next year. The Department for International Trade will be supporting the conference to ensure it’s a great success.

We continue to stand ready to help companies, large and small, the length and breadth of the UK to export their goods and services and encourage all interested firms to take a look at our Export Strategy to see how we can help.

CEO of the trade body the Energy Industries Council (EIC), Stuart Broadley, said:

The inaugural Energy Exports Conference promises to be the UK’s largest ever export-focussed event in the energy sector. Our aim is to generate significant new incremental export business for UK companies – both for established exporters but also importantly inspiring new exporters.

Uniquely, a number of stakeholders are collaborating to ensure this major event achieves maximum impact – the EIC has agreed to take the lead and we are delighted to have full support from DIT, SDI and the Oil & Gas Authority, as well as Opportunity North East, Oil & Gas UK and UK Export Finance.

The visit comes after the Minister recently launched the UK’s new Export Strategy. The Strategy sets out how the government will support businesses of all sizes to make the most of the opportunities presented by markets around the world.

A government-led collaboration with business, developed after extensive engagement with a range of UK firms – the Strategy sets a new ambition from government to increase exports as a proportion of UK GDP to 35%.

In the week that the UK Government launches its first ever Green Great Britain Week, UK Government in Wales Minister Lord Bourne is heading to Mid-Wales to celebrate the work of institutions and businesses championing the clean growth agenda. As part of his two-day visit, Lord Bourne will also talk to a range of businesses in the region to find out how a Growth Deal for mid-Wales could address their barriers to growth, and to encourage them to assist in its development, stressing the UK Government’s commitment to driving forward the region’s economic future.

Joining thousands of people up and down the UK who are celebrating clean growth, Lord Bourne will visit the IBERS and Innovation campus at Aberystwyth University to learn of their work to convert ground-breaking research into practical solutions to mitigate the effects of climate change.

Highlighting the UK Government’s commitment to clean growth, Lord Bourne will also see how the Centre for Alternative Technology are demonstrating practical solutions for sustainability to visitors from all over the world, including eco-sanitation, woodland management and renewable energy.

UK Government Minister, Lord Bourne said:

In the year that marks the 10th anniversary of the Climate Change Act, there is no better time to build on our success and seize the huge opportunities for cleaner economic growth in the UK.

I welcome the work of IBERS and the Centre for Alternative Technology who are working tirelessly towards the UK’s vision of clean economic growth. Achieving clean growth must be a shared enterprise between UK Government, devolved nations, local authorities, businesses and the British people and that is why today, I urge people all over the country to pledge their commitment to tackling climate change.

During his two-day trip across mid-Wales, Lord Bourne will also meet with key stakeholders across the region to discuss a Growth Deal for mid-Wales. Meeting with Professor Elizabeth Treasure at Aberystwyth University, Lord Bourne will discuss the University’s progress in advancing the region’s economic future through research and innovation, including developments such as the National Spectrum Centre and Precision Agriculture.

Wynnstay, a manufacturer of agricultural supplies, will also welcome Lord Bourne as they celebrate their 100-year anniversary. During his meeting with the newly appointed Chief Executive Gareth Davies, Lord Bourne will consider how the region can overcome growth barriers and secure a growth deal that works for the whole of mid-Wales.

UK Government Minister, Lord Bourne said:

Now more than ever it is imperative that we shift powers away from London and Cardiff to local leaders who are best placed to take decisions that affect their communities. That is why I am committed to working closely with the companies and groups who are devoted to developing a vision for the region’s economic future.

With the launch of the modern Industrial Strategy, the UK Government is working to create the right conditions for regional prosperity, but it is the private sector that must take the necessary risks to drive this vision for economic growth in mid-Wales forward.

With the UK Government already signing a Heads of Terms agreement for City Deals in Cardiff and Swansea and with ongoing negotiations alongside the Welsh Government with local partners regarding a growth deal for North Wales, a successful mid-Wales growth deal would see the whole of Wales benefitting from a UK Government city or growth deal.