Oil industry showing encouraging signs of better practices

Aberdeen University's Professor Alex Kemp believes oil and gas sector may finally be getting the message and making the changes required to survive.

Energy economist Professor Alex Kemp says he has seen “encouraging signs” in the oil and gas industry despite the long-running downturn.

The findings of the latest Oil and Gas Survey, released yesterday, painted a negative picture for 2016.

However Professor Alex Kemp, who advises the Scottish and UK governments on forecasts for oil production and revenue, says it’s important to highlight the positive practices which are being adopted now and the benefits the oil dip will bring to the industry in the long term.

https://www.energyvoice.com/oilandgas/north-sea/110018/kemp-oil-industry-showing-encouraging-signs-better-practices/