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July 16th, 2010
North Sea Investment to Top £16bn on Oil Industry Bounce

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SCOTSMAN – The latest economic report published by Oil & Gas UK, the pan-industry trade body, has highlighted signs of growing confidence across the sector with plans to develop a potential 70 fields in the pipeline. Both exploration work and development drilling is expected to exceed last year’s levels in the search for oil and gas discoveries in the UK continental shelf (UKCS). Read More