The £175m sector deal could return up to £110bn for the UK economy by 2035, according to the SAC
MPs from across the political spectrum yesterday urged the UK Government to make progress on a vital deal to sustain the North Sea energy industry.
Pete Wishart, chairman of the Scottish Affairs Committee (SAC), said it is “imperative” that skills built up over the last four decades are not lost, and that a deal would play a crucial role.
The SAC was debating a report it produced last month on the merits of a £175m package for the sector, funded by industry and government, which could yield up to £110bn for the economy between now and 2035.
