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Erikka Askeland

Erikka Askeland is news editor of Energy Voice
Oil & Gas

Amec’s £2billion takeover will propel North Sea skills to global market

Amec’s £2billion takeover of rival Foster Wheeler will see North Sea skills exported to a wider global market, its chief executive has claimed. Samir Brikho, the chief executive of the oil services giant, said selling the capabilities of its north-east workforce to build, maintain and refurbish oil and gas platforms and infrastructure – which the firm refers to as “brownfield” work – will enhance Foster Wheeler’s specialisms in shale gas and LNG, which is based mostly in North America.

Markets

More tax breaks for UK oil and gas on the way

Chief secretary to the Treasury Danny Alexander has said the government is set to introduce more tax breaks for the oil industry to stimulate North Sea investment. Speaking at the Oil & Gas UK conference in Aberdeen on Thursday, Mr Alexander said the Treasury was aiming to introduce a “lighter tax regime”, particularly after executives at Premier Oil acknowledged the government's small field allowance as easing the way for its 100 million barrel Catcher development.