Scotland's Oil, Gas Sector Emerging From Downturn

Scotland's Oil, Gas Sector Emerging From Downturn
Scotland's oil and gas sector is emerging from the downturn, with people getting back into work and businesses growing in confidence, says SNP Deputy Leader Angus Robertson.

Scotland’s oil and gas sector is emerging from the downturn, with people getting back into work and businesses growing in confidence, according to SNP Deputy Leader Angus Robertson.  
 
“The SNP has sought to support those out of work to retrain in other sectors and we’ve invested in innovation,” Robertson said in a statement sent to Rigzone.

“Meanwhile the Tories have twiddled their thumbs and made clear they would rather oversee the managed decline of the oil and gas sector than see it thrive over the long term,” he added.

Robertson stated that more support for exploration in Scottish waters is fundamental to ensure stable revenues and employment in the years ahead.

The deputy leader also called on the next UK government to explore incentives for oil and gas companies to diversify into clean energy, in order to help future-proof businesses, utilize existing skills and protect jobs. 

The surprise general election called by UK Prime Minister Theresa May for June 8 could have huge implications for UK and European energy firms, according to Airswift Senior VP Ford Garrard.

A graduate in journalism from Cardiff University, Andreas has eight years of experience as a business journalist. Email Andreas at andreas.exarheas@rigzone.com

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