Home » Market News » DirectorsTalk Highlights » UK Government Minister reiterates importance of Oil and Gas sector
Union Jack Oil

UK Government Minister reiterates importance of Oil and Gas sector

On Wednesday 5th June, Lord Duncan visited the annual Oil and Gas UK industry conference in Aberdeen, speaking to the delegates about the importance of the sector and its future.

Lord Duncan said:

I was pleased to be in Aberdeen for the Oil and Gas UK annual conference where we marked the success of the industry while looking at the challenges ahead as we move to a low carbon economy. Offshore oil and gas continues to be a success story for us supporting almost 300,000 jobs across the UK and more than a third of those being in Scotland. The UK Government continues to support the sector including contributing £90 million towards the Oil and Gas Technology Centre as part of the Aberdeen City Region Deal. This will help develop new capabilities, skills and jobs for the present and the future.

To read the full news article please click here

Receive our exclusive interviews – Enter your email to stay up to date.

Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.