News Round-up: Latest Oil and Gas news from the North Sea
Independence is the buzzword of this month’s North Sea round-up. Elsewhere, Shell reiterates its long term commitment to investment in the North Sea.
‘Scottish independence: Oil workers ‘divided’’
A survey of oil workers’ attitudes toward Scottish independence and its impact on the oil industry has revealed that ‘a small majority (54 per cent) believe independence will bring more jobs but nearly the same proportion (53 per cent) believe it will have a negative impact on workers’ according to The Scotsman.
The survey requested opinion regarding wages, industry investment and exploration. The majority of answers showed a huge divide in opinion, with no clear majority for or against independence and its impact on the oil industry in Scotland.
GE supports Danish hopes of striking energy independence
GE Oil & Gas’ contract win in the Danish sector of the North Sea is said to be another big step towards Denmark attaining full energy independence. The Hejre oil and gas field, operated by Danish firm Dong Energy, is expected to produce 16 million cubic meters of oil and 10 billion cubic meters of gas during its operational lifetime.
Shell look to the long-term in North Sea
In the face of reports that major oil and gas are removing interests in the North Sea, Shell have moved to suggest that this is far from the case. Ed Daniels of Royal Shell Dutch commented “There’s a misperception that oil majors, Shell included, are not particularly interested in the North Sea…Actually, that’s just not true”.
Mr Daniels informed The Daily Telegraph that Shell are instead “investing £2bn a year in the North Sea, either in new developments or refurbishment” and that “the North Sea as a province has decades of activity.”