Macdonald backs calls for North Sea seismic
17 June 2015
Shadow Energy Minister and North East
Labour MSP Lewis Macdonald today backed calls for
speculative seismic exploration in marginal areas of
the North Sea as a way of extending the lifespan of
the UK continental shelf.
He said :
“Today’s Oil & Gas UK conference in Aberdeen will
rightly focus on the current crisis facing the oil
industry, and the possible solutions for ensuring
that industry has a future.
“The last UK Government Budget set aside £20m for
seismic exploration, a vital tool in exploring
marginal areas of the North Sea.
“Without further exploration, there is a real danger
that the UK oil and gas industry will stagnate, and
potentially lucrative areas may not be explored for
years or even at all.
“It is important that financial conditions encourage
production in UK waters today, but further
exploration is vital for the long-term future of the
“The UK Government should increase its financial
commitment to seismic exploration and back industry
efforts to expand exploration in the North Sea.
“Companies operating in the North Sea are looking to
cut costs at the moment.
"Government sharing the risk of finding more oil and
gas can help protect the future of the industry, and
protect offshore workers from the threat that costs
are cut at their expense.
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