A trade union alliance representing oil and gas workers has renewed calls for government investment in North Sea infrastructure.
Yesterday’s figures on oil and gas, for the first time in a long time, gave the sector some positive news.
A leading oil and gas expert said last night that tax breaks could significantly boost new field development across the UK North Sea.
Aberdeen-based oil and gas explorer Faroe Petroleum expects to spend up to £150million this year as it ups its activity in offshore Norway.
Despite skills and recruitment challenges, the north-east's oil and gas industry still sees a bright outlook for 2013.
Today, Chancellor George Osborne will set out the UK Government's 2012 Budget, an announcement keenly awaited by the UK's oil and gas industry.
THE UK Government is working to win back the trust of the North Sea offshore industry and, in the process, pave the way for tens of billions of pounds of new investment.
The UK Government is working to win back the trust of the North Sea offshore industry and, in the process, pave the way for tens of billions of pounds of new investment.
Prime Minister David Cameron has pledged to deliver a "good" tax regime for the North Sea oil and gas industry.
TAX breaks for professionals and more encouragement of young people into engineering could help to plug a looming shortage of skilled personnel in the decommissioning sector, according to an industry body.