The Chamber’s 26th Oil and Gas Survey, conducted in partnership with the Fraser of Allander Institute, has suggested that some businesses are starting to see signs of recovery, with a significant improvement in contractors’ confidence in their oil and gas activities, both in the UKCS and internationally.
- Notable rise in confidence from historic lows last year but improvement not universal
- 42% of firms expect to be growing by January 2018
- More than half believe the industry has already reached the bottom
Download the full report • here
James Bream, research and policy director at Aberdeen & Grampian Chamber of Commerce and Professor Graeme Roy, director at Fraser of Allander Institute give a brief overview of the report.
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