As of 2024, the Gross Value Added (GVA) per employee in the UK oil and gas extraction sector is forecasted to be €832.7 thousand, with a projected continuous decline to €590.5 thousand by 2028. This downward trend translates to a significant average annual decrease of approximately 8.5% from 2024 to 2028, following an industry peak before 2023.

Key Future Trends to Watch:

Technological advancements in extraction and efficiency could mitigate declining GVA per employee.
Potential policy and regulatory changes impacting the oil and gas sector.
Shifts towards renewable energy sources potentially influencing traditional oil and gas employment and revenues.