Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, February 24, 2016

North Sea fading, industry body warns

North Sea fading, industry body warns London (UPI) Feb 23, 2016 - A British industry body said the North Sea energy sector is in for a long period of decline, with less than $1.4 billion in new spending expected in 2016. A report from Oil & Gas U.K. finds exploration activity offshore is at an all-time low and there are no signs of improvement. Less than $1.4 billion in spending on new projects is expected in 2016, compared with an average of around $ ... morehttp://www.oilgasdaily.com/reports/North_Sea_fading_industry_body_warns_999.html

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