Jackdaw gas field gets green light
What was announced
Energy Secretary green lights Jackdaw gas field, as Chancellor announces new Energy Wealth Fund.
Key points, in the publisher's words
- The Energy Secretary has agreed that the regulator can grant consent for gas to be produced at the licensed Jackdaw field
- The project will start to supply gas to British homes and businesses from as early as the end of this month, helping heat millions of homes and protecting hundreds of jobs
- New Energy Wealth Fund to be established by the Chancellor with a £2 billion downpayment to reinvest oil and gas revenues into the climate transition
Figures in this announcement
Each line is quoted from the original. Figures are as the publisher stated them on the day.
- “The Jackdaw decision is expected to increase domestic gas production by around 6% at its peak – supporting the UK’s gas supply over its lifespan of up to 11 years, boosting our energy security, protecting hundreds of jobs and adding an estimated £2.9 billion to the UK economy.”
- “Reflecting our commitment to the North Sea, this will start with an initial £2 billion injection of funding, with future revenues from the North Sea flowing into the fund over time.”
- “Since 2024, the UK has seen more than £100 billion of investment in renewable and low carbon energy.”
- “Most recently, Sumitomo announced the opening of a £350 million into a cable factory at the Port of Nigg earlier this week.”
- “The changing nature of the North Sea basin also opens up new opportunities to expand the UK’s decommissioning sector – which is expected to support up to 25,000 skilled jobs over the next decade and attract up to £25.6 billion in investment, according to independent analysis.”
- “The developer also estimates that the project will add around £2.9 billion to the UK economy.”
Who and where
People
- Andy Burnham (MP for Makerfield (Labour (Co-op))) · more news
- John Healey (MP for Rawmarsh and Conisbrough (Labour)) · more news
- Miatta Fahnbulleh (MP for Peckham (Labour (Co-op))) · more news
- Mr Douglas Alexander (MP for Lothian East (Labour (Co-op))) · more news
UK bodies of power
- Department for Energy Security and Net Zero (UK government department) · more news
- HM Treasury (UK government department) · more news
- Scotland Office (UK government department) · more news
- North Sea Transition Authority (executive non-departmental public body) · more news
Constituencies of the MPs named: Makerfield, Rawmarsh And Conisbrough, Peckham, Lothian East.
Where this sits in the 10 levels of power
Topics, as GOV.UK files them: Low carbon technologies, Oil, gas and coal.
Receipt
- Original: https://www.gov.uk/government/news/jackdaw-gas-field-gets-green-light
- Published 2026-10-23 16:30:25 UTC (first published 2026-10-21)
- Read by this site 2026-10-23 19:45:37 UTC from GOV.UK
- Saved copy: receipt 763, with its SHA-256 fingerprint
Contains public sector information licensed under the Open Government Licence v3.0.
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