Abstract
Language | English |
---|---|
Pages | 68-69 |
Number of pages | 2 |
Journal | Quarterly Economic Commentary |
Volume | 10 |
Issue number | 3 |
Publication status | Published - Feb 1985 |
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Keywords
- Scottish industry
- energy economics
- North Sea oil
- oil and gas industry
- Scotland
- Scottish economy
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The offshore supplies industry : can Scotland win the ninth round? / McNicoll, Iain H.
In: Quarterly Economic Commentary, Vol. 10, No. 3, 02.1985, p. 68-69.Research output: Contribution to journal › Article
TY - JOUR
T1 - The offshore supplies industry
T2 - Fraser of Allander Economic Commentary
AU - McNicoll, Iain H
PY - 1985/2
Y1 - 1985/2
N2 - Later this spring the Government will announce the results of the ninth round of licencing 'blocks' of the UK Continental Shelf (UKCS) for the purposes of exploration and development of new oil and gas reserves. The blocks on offer are an intriguing mixture of unexplored 'mature' areas in the North Sea and 'frontier' acreage in places such as West Hebrides and West Shetland. In terms of attracting bids the latest round is already clearly a success: 147 applications have been received and over half the 195 blocks on offer have attracted attention. Since the Government only expected to license some 80 blocks, it has every reason to be satisfied with this response. This economic perspective considers whether Scotland can overcome obstacles to realising the potential of offshore supplies industry.
AB - Later this spring the Government will announce the results of the ninth round of licencing 'blocks' of the UK Continental Shelf (UKCS) for the purposes of exploration and development of new oil and gas reserves. The blocks on offer are an intriguing mixture of unexplored 'mature' areas in the North Sea and 'frontier' acreage in places such as West Hebrides and West Shetland. In terms of attracting bids the latest round is already clearly a success: 147 applications have been received and over half the 195 blocks on offer have attracted attention. Since the Government only expected to license some 80 blocks, it has every reason to be satisfied with this response. This economic perspective considers whether Scotland can overcome obstacles to realising the potential of offshore supplies industry.
KW - Scottish industry
KW - energy economics
KW - North Sea oil
KW - oil and gas industry
KW - Scotland
KW - Scottish economy
UR - http://www.strath.ac.uk/frasercommentary/
UR - http://www.strath.ac.uk/fraser/
M3 - Article
VL - 10
SP - 68
EP - 69
JO - Fraser of Allander Economic Commentary
JF - Fraser of Allander Economic Commentary
SN - 2046-5378
IS - 3
ER -