The UK North Sea: Resurgence in activity
The outlook for oil and gas production in the UK's North Sea looks, at first glance, rather grey. In 2011, production experienced the biggest year-on-year decrease recorded in the history of the industry. But since then, several substantial investment deals have been announced, signalling a more promising prospect. This report looks at the drivers behind the persistent interest in this mature basin.
THE UK North Sea is a mature oil and gas province. Oil and gas production peaked in 1999 and 2000 respectively, and has since declined steadily.
Lower production means lower exports. This also means a higher share of imports, given the ...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.