Fraser of Allander - 28th Oil and Gas survey published
The 28th Fraser of Allander- Aberdeen & Grampian Chamber of Commerce Oil and Gas survey – supported by KPMG - was published today. The survey results continue to show a recovery in optimism and activity in the UK Continental Shelf. 41% of businesses are now working at or above optimum levels and levels of optimism are at their highest since 2013. For the first time in four years, we are also seeing positive figures for exploration, suggesting an opening up of the pipeline for future work. Companies continue to shed jobs, albeit the pace of decline has eased, whilst there are positive signs for new investment.
Published: 29 May 2018