U.K. Needs $285 Billion to Secure Future of North Sea Oil & Gas

GALWAY, IRELAND--April 2, 2019--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The U.K. needs oil and gas companies to invest £200 billion ($285 billion) in exploration and production between 2019 and 2035 to fully exploit the remaining resources in the U.K. Continental Shelf (UKCS).

Within this article: Details proposed future investment, current production estimates, major new oil and gas finds, key new project activity