Despite the signs that 2011 was a record year for investment, exploration activity and production both fell dramatically, providing worrying signals for the UK oil and gas industry.
Can the UK offshore oil and gas industry sustain its position as one of the largest industrial investors in the economy and a global leader in offshore technology and services? What impact will the recent instability in the industry’s fiscal regime, continued caution in business confidence, lower than expected exploration activity and a mere trickle of asset transfers have on the industry’s investment plans for 2012 and beyond? What will this mean for the future of the UKCS?
Be the first to learn about the latest trends at Oil & Gas UK’s Breakfast Briefing when the findings of its latest Activity Survey are revealed.
Oil & Gas UK’s Breakfast Briefings present an excellent opportunity to network with industry colleagues and to be informed of the latest developments in the UK oil and gas sector.