Survey sees rising activity in UK North Sea

UK North Sea oil and gas activity will continue to increase in the coming year, according to results of a major survey.The third Aberdeen & Grampian Chamber of Commerce oil and gas survey, sponsored by Deloitte and conducted by the Fraser of Allander Institute, reflects a more positive outlook for North Sea activity than existed 4 months ago.“Overall, the survey underlines the increased activity and confidence in the sector which we in the [UK] Northeast are certainly feeling,” Geoff Runcie, Aberdeen & Grampian Chamber of Commerce CEO, told OGJ.But Runcie qualified his optimism with warnings of possible problems in the longer term.“Most of the optimism comes from...

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