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Supportive measures will strengthen industry emergence from downturn, says Oil & Gas UK


Published Feb 1, 2016
Deirdre Michie, chief executive of Oil & Gas UK

Welcoming the further measures to boost the UK oil and gas industry announced by the Prime Minister at a meeting with senior industry leaders, Deirdre Michie, Oil & Gas UK's chief executive, said: 'The Prime Minister has signalled his on-going commitment to the UK oil and gas industry which we very much welcome.

The meeting this afternoon was very constructive and the Prime Minister heard the current plight that companies around the table - and more widely across the sector - now find themselves in. There was also good discussion as to how the different parties can contribute to supporting this industry going forward.

'Coming on top of the UK and Scottish Governments' multi-million pound investment in infrastructure and innovation for Aberdeen and the surrounding region announced earlier today, the further measures announced this afternoon will help the industry address the difficulties it currently faces with the low oil price, and ensure it can look towards a more enduring future.

Tags: Oil & Gas UK




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