Info!
UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.

North sea oil gets £1bn boost

More than £1bn worth of fresh investment for North sea oil projects is set to be announced today, with the prospect of creating more than 2,500 new jobs. The government will grant licences for four major schemes that promise to create employment in Scotland and on Tyneside, boosting production of oil by millions of barrels a year. The projects, which will be unveiled by trade and industry secretary Stephen Byers, will provide work for up to 15 years and will signal one of the biggest boosts for the North sea for years.

News Item details


Please login to save this item