The boss of one the world’s largest oil companies has said it will continue to invest in the UK and that oil and gas production in the North Sea has a future. His comments follow an estimated 65,000 job losses in the industry and warnings about a collapse in investment.
The French oil boss said that while his company remained committed to the region, the industry needed to be “smart” in finding ways to maximise the UK’s offshore potential.
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Total’s boss says North Sea oil and gas ‘has a future’
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