“National value destruction” – a “masterclass” in causing uncertainty, speculation and lack of investment! Successive UK governments’ track record over Scotland’s offshore oil & gas condemned by authoritative energy industry source.
By stewartb “Devastating” WoodMac damns governments approach to North Sea’: this was the headline published December 11 by the respected energy news website, Energy Voice. It comes from its reporting of a new assessment of successive UK governments’ approach to the offshore oil & gas assets present on the UK Continental Shelf – assets of course mostly present offshore Scotland. The critique of Westminster/Whitehall governance comes from the respected provider of energy industry/market statistics and insight, namely Wood Mackenzie (aka WoodMac). It’s from an end of year review of key industry talking points internationally: among the top five issues, it … Continue reading “National value destruction” – a “masterclass” in causing uncertainty, speculation and lack of investment! Successive UK governments’ track record over Scotland’s offshore oil & gas condemned by authoritative energy industry source.
