By Shane Taylor, Policy Manager, Aberdeen & Grampian Chamber of Commerce
In the latter stages of 2021, the lightning rod debate over the Cambo development has brought the role of oil and gas in our energy system into sharp focus.
It’s hoped commitments to put energy transition “at the heart” of economic recovery plans could go some way to reversing negative trends in the oil and gas industry.
Around a fifth of North Sea oil and gas contractors have warned they expect to make further job cuts in 2021 as they continue to deal with ongoing turmoil in the sector.
A leading analyst has described it as “disappointing” that the Chancellor that put a vital net zero technology lower down his list of priorities than repairing potholes.