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Oil and gas innovation centre warmly welcomed by industry

Tuesday 25 February 2014

Oil and gas innovation centre warmly welcomed by industry

Commenting on the Scottish Government funding for innovation in oil and gas announced yesterday, Oil & Gas UK CEO Malcolm Webb said:

“Technology was identified by Sir Ian Wood as key to maximising economic recovery from the UK Continental Shelf. We warmly welcome the Scottish Government’s endorsement for Sir Ian’s review published yesterday and its support for innovation and technology in oil and gas.

“We have a world leading supply chain and must nurture and harness this technical capacity.

“Yesterday, politicians from north and south of the border were united by their support for the oil and gas industry. This cooperative work must continue if we are fully to recognise the potential for this basin as proposed in Sir Ian Wood’s final review.”

Ends.

Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its growing membership, which comprises oil and gas producers and contractor companies, now numbers more than 400.

The full Wood Review can be found here. DECC's response can be found here.

For further information please contact press & PR manager Laura Ackland at lackland@oilandgasuk.co.uk or 07976 850 996.

 

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