OEUK: There’s Enough Oil & Gas in North Sea to Fuel UK for 30 Years, But Industry Needs Fiscal Certainty

The UK North Sea still has a lot to offer when it comes to oil and gas reserves yet to be produced. However, unpredictable fiscal conditions are denting the confidence of offshore energy-producing companies to invest and revitalize oil and gas exploration activity, Offshore Energies UK said in a report on Tuesday.