RE: build24 May 2022 15:29
If the red tape is eased and a leaning towards fossil fuels again, the majors have a vast scope for drilling projects in the North Sea, UKOG has nothing to offer a major, there’s drilling rigs laying up in Invergorden bay just waiting for the go ahead along with the next license round, the Rigs, plant and equipment along with the men are ready and available, there’s already a massive amount of underwater infrastructure already in place, most of it had come to a standstill with the likes of Cop26 and the green revolution, if the government has genuinely changed tack and going to back oil and gas exploration again, this is where it will and should come from…