The Wood Review: Is it Back to Britoil?

BritoilBy SAM GOMERSALL

The Wood Review, published in February and aimed at identifying ways to stimulate North Sea oil and gas activity, proposes the creation of a new arm’s length industry regulator or agency to take on a broad industry facilitation role. 

When one looks at the roles proposed for this new agency, one could be excused for having a sense of ‘déjà vu’.  In the early 1980’s, Britoil, and its predecessor the British National Oil Corporation, had similarities with the proposed new agency, before its privatisation and sale into BP.  

Read the full PLATFORM article online at Scottish Energy News:

http://goo.gl/JLvuXf

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