Sir Ian’s prescription for oil and gas prosperity
Sixty-eight pages, four recommendations and 29 action points – that is Sir Ian Wood’s prescription to cure the UK’s ailing oil and gas industry.
The industry veteran said the North Sea was at a “watershed” moment yesterday as he unveiled his final report of maximising recovery from the UK Continental Shelf.
Last night he said most, if not all of the 24billion barrels of oil which remain out there, can be reached if industry and government work together.
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