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New industry boom in North Sea

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Published Date: 01 December 2008
By JOHN ROSS
SCOTS firm are being urged to explore the opportunities in the growing oil and gas decommissioning industry, estimated to be worth £19 billion.
Almost 30 representatives from the UK decommissioning steering group will meet in Lerwick tomorrow to discuss how government funding may help overcome existing barriers.

The group was formed by Scottish Enterprise, Highlands and Islands enterprise (HIE) and the Department for Business Enterprise and Regulatory Reform and includes some of the North Sea industry's leading companies.

The Department of Trade and Industry values the industry in the region of £19 billion with the most significant level of work predicted to start in 2010.

HIE sees Lerwick as one of the best locations for this industry, having a skilled labour force with more than 30 years' experience in the oil and gas industry.

Katrina Wiseman, head of transformational projects, said: "There are a number of companies that can benefit from work in this relatively new industry, as well as an opportunity for new businesses to locate to the islands."





The full article contains 176 words and appears in The Scotsman newspaper.
Page 1 of 1

  • Last Updated: 30 November 2008 10:06 PM
  • Source: The Scotsman
  • Location: Edinburgh
  • Related Topics: North Sea Oil & Gas
 
1

nabodican,

Rural Scotland 01/12/2008 07:02:12
It will be interesting to see who actually pays for the decommissioning as the big operators continue to sell off their old assets to smaller players who will simply milk the old field dry and disappear.
2

The Strategist,

01/12/2008 09:00:05
Too late.. The Norwegians and Dutch have it all stitched up.
3

Number 6,

Germany 01/12/2008 09:29:14
let's see how much help/hindarance Liebor gives to this industry.
4

Mcsnagpile,

01/12/2008 09:35:27
A lot of money for no honey.
5

Jay Kay,

01/12/2008 10:38:05
And they say we have no room to build more prisons, total p*sh, these platforms could easily be adapted to house the crims, lets see them escape from one of these babies.

There is an ever bigger plus side, if it sinks good riddance to bad rubbish, commission them NOW and get all the paedo's, murders and rapists out to the north sea, you know it makes sense.

We can then use the existing jail's to house the lesser crims that SHOULD be doing time not community service.

 

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