Deirdre Michie, Chief Executive of Oil & Gas UK, said:
“This is great news and an exciting start to the new year.
“A global leader like Shell making a commitment on this scale demonstrates the investment potential the UK Continental Shelf still holds. It also shows the importance of the efficiency improvements our industry has delivered which have helped make redevelopment projects like this commercially attractive.
“We are hopefully entering a more positive phase for our industry in the UK with new projects on the horizon that I hope will bring a much needed boost for companies in the supply chain.”
Notes to Editors
Issued by the Communications Team, Oil & Gas UK. Contact Lucy Gordon on 01224 577331 / [email protected].
Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.