Chamber’s 15th Oil and Gas Survey now published

AGCC Oil and gas survey shows 50% of operators say Chancellor’s tax hike harmed North Sea investment.

Ongoing economic uncertainty as well as lasting effects of the Chancellor’s tax grab, continues to impact negatively on confidence and investment in the UK oil and gas sector, reveals the 15th Aberdeen & Grampian Chamber of Commerce Oil and Gas Survey.

To view the survey press release in full click here.

To view the survey report click here.

Oil & Gas Survey Background

14thoilandgassurvey

The Chamber carries out a regular and independent survey of the oil and gas sector twice a year which is conducted by the independant Fraser of Allander Institute. A wide range of operator, contractor and service companies are invited to participate in this well established and highly regarded survey.

The aim of this work is to gauge and to understand the trends within the industry, looking at optimism and order books at home in the UKCS and overseas - and identifying wider issues facing the sector. Feedback is then used to track sector performance and in particular how these relate to and impact upon the wider business community that the Chamber represents.

The 14th Aberdeen & Grampian Chamber of Commerce Oil and Gas Survey has been published. To view the press release click here