In the current environment, we risk losing some great business opportunities unless we can attract new sources of finance to fuel the future of the North Sea’s oil and gas industry.
The ability to access to the capital required to drive new projects, or to expand or diversify into new markets can be a major hurdle. Indeed, funding difficulties are often cited as prime barriers to growth across the sector despite the massive improvement in costs and efficiency experienced over the last 18 months. We need to act now if we are to deliver the 20 billion barrels of oil and gas estimated to be recoverable and secure the future of the supply chain serving the UK Continental Shelf.
The speakers at Oil & Gas UK’s next Breakfast Briefing in Aberdeen on 23 August 2016 are leading figures in the world of oil and gas finance. Hear their reflections on what it will take to persuade the financial community to invest in UK oil and gas businesses; find out where alternative sources of funding lie; and how to access them. This breakfast is geared specifically to the financing needs of the industry, whether operator, contractor or SME.