England MPs to quiz Michie and Samuels over N. Sea oil industry crisis

Simon Gray
Simon Gray

Under-pressure oil and gas industry supply-chain businesses in the East of England will take seats at roundtable talks with Aberdeen-based national industry leaders next month along with Tier-1 operators and local MPs.

Companies that have had to lay off staff, cut salaries and urgently look for new opportunities in tough times offshore have been invited to the table for frank talks with North Sea operators and leaders from the industry regulators

The talks will take place – away from the main stage.- at the East of England Energy Group’s (EEEGR) Southern North Sea conference next month

Senior executives of companies feeling the full effects of the downturn of the oil & gas industry and fighting to keep people in work will sit opposite the chief executives of the Oil & Gas Authority (OGA) and Oil & Gas UK and key southern North Sea operators, including Shell, Centrica, Graham Stewart (Faroe Petroleum) and Charlie Wood (Perenco)

MPs Peter Aldous (Waveney) and Brandon Lewis (Gt Yarmouth) will join the talks.

In Norfolk and Suffolk between April and November last year, 26 companies went into administration and more than 1,000 people lost their jobs – with predictions that more people are likely to be affected with reduced hours and unpaid leave as the current conditions continue to be challenging, with projects being pushed back.

Last month, the East of England was disappointed to be overlooked by the UK  government when Prime Minister announced a £125 million city deal investment for Aberdeen to help it tackle the oil industry crisis.

Simon Gray, Chief Executive, EEEGR, said: “I am disappointed but not wholly surprised. But I have come to terms with the fact we are generally overlooked in favour of Aberdeen.”

The 350 EEEGR members comprise companies from across all main energy sectors (gas, oil and renewables and nuclear) – similar to the Scottish Energy Association.

Accordingly, its conference is being sponsored by Scottish Power Renewables and also features sessions on wind energy.

The whole of UK’s oil and gas industry is under intense pressure in the current business environment of sustained low oil prices.
The industry is working closely with both the Scottish and UK Governments and its regulator, the Oil & Gas Authority, to adapt.
So book NOW for this first-of-a-kind event  with Aberdeen University

The 2016 UK Oil and Gas Collaboration Conference – Aberdeen 14 April 

Pixie Energy

Pixie logo Pixie Energy is an incubator and a facilitator of strategic research and project work, focusing on energy regulation, policy and markets at the local and national level. Find out more about Pixie Energy here.

Local Energy Matters: Scotland

Local Energy Matters: Scotland is a free-to-download brochure with a focus on energy tariffs in the two Scottish electricity distribution regions, as well news on local energy and low-carbon schemes.

Previous editions can be download here.

Scottish energy market overview

You can read an overview of the Scottish energy market here.

Scottish Government energy feed