Hopes raised over UK Gov North Sea exploration incentives

Hopes have been raised that the UK Government is looking at bringing forward incentives to encourage North Sea exploration.

Junior energy minister Jesse Norman refused to comment on the contents of the Autumn Statement yesterday when asked by the SNP’s Callum McCaig if measures to support the industry would be included.

But the Tory frontbencher described exploration as “very important”, highlighting the “depleting” UK Continental Shelf.

For the full story visit our sister site Energy Voice.