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Page added on June 3, 2008

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UK: Oil price rise brings industry boom

As the high oil price makes many of us think twice before we pop to the shops by car, it also makes every barrel of North Sea oil more valuable.

In Aberdeen, the oil capital of Europe, the oil price is bringing boom times for the oil industry. It’s an ill wind that blows no good
The rush to discover and produce more oil off the shore of Aberdeen is having a huge impact onshore. Oil supply companies are responding to the rush with rapid advances in oil related technology.

There are now 3,000 oil and gas services companies in Aberdeen, some of them delivering the best and smartest technology in the global oil industry.


BBC



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