North Sea oil - a brief outline

D N F Bell; S Hart; F X Kirwan; I H McNicoll; L. Moar; D R F Simpson; A A Wingfield; D N F Bell

North Sea oil - a brief outline

D N F Bell, S Hart, F X Kirwan, I H McNicoll, L. Moar, D R F Simpson, A A Wingfield, D N F Bell (Editor)

Fraser Of Allander Institute

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Abstract

The growth of the North Sea Oil industry, along with its various supply and servicing sectors, dates back to the early 1970's. Prior to this time the main exploration activities had been concentrated in the southern waters of the North Sea, but only natural gas had been found. The first oil discoveries in the northern waters (i.e. north of 56°N) were actually made in the Norwegian sector. However, these were quickly followed in 1969 with the announcement of the Montrose field and by the Forties, Argyll, Brent, Auk and the Frigg gas fields over the following two years. Scotland developed as the main base for servicing the needs of the offshore industry, with the main centres of oil related activity concentrated around Aberdeen, Peterhead, Nigg Bay and the Shetlands. This students brief outlines the nature of this industrial sector and its current economic relevance to the Scottish economy.

Original language	English
Pages (from-to)	23-27
Number of pages	5
Journal	Quarterly Economic Commentary
Volume	4
Issue number	4
Publication status	Published - Apr 1979

Keywords

North Sea oil
energy industry
energy economics
Scottish economy
Scotland
oil and gas industry

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title = "North Sea oil - a brief outline",

abstract = "The growth of the North Sea Oil industry, along with its various supply and servicing sectors, dates back to the early 1970's. Prior to this time the main exploration activities had been concentrated in the southern waters of the North Sea, but only natural gas had been found. The first oil discoveries in the northern waters (i.e. north of 56°N) were actually made in the Norwegian sector. However, these were quickly followed in 1969 with the announcement of the Montrose field and by the Forties, Argyll, Brent, Auk and the Frigg gas fields over the following two years. Scotland developed as the main base for servicing the needs of the offshore industry, with the main centres of oil related activity concentrated around Aberdeen, Peterhead, Nigg Bay and the Shetlands. This students brief outlines the nature of this industrial sector and its current economic relevance to the Scottish economy. ",

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T1 - North Sea oil - a brief outline

AU - Bell, D N F

AU - Hart, S

AU - Kirwan, F X

AU - McNicoll, I H

AU - Moar, L.

AU - Simpson, D R F

AU - Wingfield, A A

A2 - Bell, D N F

PY - 1979/4

Y1 - 1979/4

N2 - The growth of the North Sea Oil industry, along with its various supply and servicing sectors, dates back to the early 1970's. Prior to this time the main exploration activities had been concentrated in the southern waters of the North Sea, but only natural gas had been found. The first oil discoveries in the northern waters (i.e. north of 56°N) were actually made in the Norwegian sector. However, these were quickly followed in 1969 with the announcement of the Montrose field and by the Forties, Argyll, Brent, Auk and the Frigg gas fields over the following two years. Scotland developed as the main base for servicing the needs of the offshore industry, with the main centres of oil related activity concentrated around Aberdeen, Peterhead, Nigg Bay and the Shetlands. This students brief outlines the nature of this industrial sector and its current economic relevance to the Scottish economy.

AB - The growth of the North Sea Oil industry, along with its various supply and servicing sectors, dates back to the early 1970's. Prior to this time the main exploration activities had been concentrated in the southern waters of the North Sea, but only natural gas had been found. The first oil discoveries in the northern waters (i.e. north of 56°N) were actually made in the Norwegian sector. However, these were quickly followed in 1969 with the announcement of the Montrose field and by the Forties, Argyll, Brent, Auk and the Frigg gas fields over the following two years. Scotland developed as the main base for servicing the needs of the offshore industry, with the main centres of oil related activity concentrated around Aberdeen, Peterhead, Nigg Bay and the Shetlands. This students brief outlines the nature of this industrial sector and its current economic relevance to the Scottish economy.

KW - North Sea oil

KW - energy industry

KW - energy economics

KW - Scottish economy

KW - Scotland

KW - oil and gas industry

UR - http://www.strath.ac.uk/frasercommentary/

UR - http://www.strath.ac.uk/fraser/

M3 - Article

SN - 0306-7866

VL - 4

SP - 23

EP - 27

JO - Quarterly Economic Commentary

JF - Quarterly Economic Commentary

IS - 4

ER -

North Sea oil - a brief outline

Abstract

Keywords

UN SDGs

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