Offshore in depth ///
In its June 2016 publication, A Sea Change—the future of North Sea Oil & Gas, consulting firm PwC reported on the views of 30 senior industry stakeholders, and presented recommendations to keep the UK offshore industry viable during an era of “lower for longer” oil prices. In an urgent call to action, the authors write, “A number of fundamental issues will need to be addressed in the next 24 months, if the basin is to avoid a rapid and premature decline.”
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