Chancellor Alistair Darling announced tax breaks for the oil and gas industry yesterday that could trigger new investment of £14billion before the end of the decade. The UK Government is to give the £1billion-plus tax boost to help kick-start production in remote gas fields west of Shetland – the last major area around Britain still [...]
Read the full article →
A former oil yard in the Highlands could become a major fabrication centre for the burgeoning offshore windfarm industry creating thousands of jobs, Scotland Secretary Jim Murphy said yesterday. The proposed redevelopment of the Nigg yard in Easter Ross presents a “phenomenal opportunity” to recreate the heyday of the Cromarty Firth base when it supported [...]
Read the full article →
