AMEC chief reviews 50 years of North Sea oil

oil rigIt is almost 50 years since oil and gas was first discovered in the UK part of the North Sea – and nearly 40 years since the UK’s first oil pipeline from Cruden Bay to Grangemouth was inaugurated in November 1975.

Over the last half-century, exploration and development of the UK’s oil and gas reserves has created a supply chain with an unrivalled range of products, services and expertise and there are now over 3,000 companies involved. In fact AMEC began work in the North Sea over 40 years ago.

The capability of this supply chain continues to grow as the UK develops new fields in increasingly deep waters and faces the challenges of extending the operating life of many mature assets in one of the most demanding oil and gas provinces in the world. The supply chain’s goods and services are now in strong demand in oil and gas provinces around the world with exports estimated at about £6 billion annually.

In this latest SCDI Business Seminar, Alan Johnstone, Managing Director – Brownfield and Asset Management, AMEC, will examine the historical impact of oil & gas on the North East of Scotland, and take a look forward at the future role of the industry in sustaining the region’s prosperity.

A question and answer session will follow his presentation, accompanied by a buffet supper.

See Scottish Energy News ‘Events’ page for full details.

 

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