Value of Scottish North Sea oil and gas increases by 15.2%
An increase in production and prices has reportedly boosted the value of Scottish North Sea oil and gas. Reports also revealed that capital expenditure was down from £10.1 billion to £8 billion.
Energy Minister Paul Wheelhouse said: "Scotland's oil and gas industry has a bright future, and it is encouraging to see this continued increase in production which has risen by a total of 25% over the last two years.”
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