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More than half the oil companies in the North sea I want to do something else

Europe

According to the survey, an increasing number of operators in the oil and gas industry in the North sea seeking to diversify their activities towards less traditional activities, such as renewable energy.

More than half the oil companies in the North sea I want to do something else

a total of 86% of the surveyed companies engaged in oil production in the North sea, expressed "some probability" the decommissioning of its platforms in the medium term. The survey also showed that the largest share of contractors, pending the transition to renewable energy sources, is expected in 2016.

Barriers to diversification of the company called profitability and skills. A quarter of them stated that they encountered difficulties in recruitment in non-traditional positions.

a Survey of Aberdeen and Grampian chamber of Commerce (AGCC) conducted in partnership with the Fraser Institute of Allander and auditors KPMG. The survey involved 90 companies employing more than 55,000 people.

More than half (52%) of respondents reported growing demand for their goods and services in oil and gas projects, and another 25% said that they "actively seeking" employment outside of oil and gas. Only 11% said they are not planning further diversification.

Manager for research and policy AGCC Shane Taylor says:

"it is Clear that in the future energy mix will be much more diverse, and for our existing supply chain is a huge opportunity to start diversification into new markets and sectors".

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