Dana Petroleum welcomes publication of interim report by Sir Ian Wood
Dana Petroleum has welcomed the publication of an interim report by Sir Ian Wood on the future of the UK oil and gas industry which was published yesterday.
The report UKCS Maximising Recovery Review was commissioned by the UK Government in June this year.
Dr Marcus Richards, Group Chief Executive of Dana Petroleum commented: “Dana Petroleum welcomes the publication of Sir Ian’s interim report and the broad direction of his recommendations. The changing dynamics of the North Sea mean that operators, policy makers and regulators alike will have to think differently to maximise recovery and the report proposes many innovative ideas.
We agree that greater collaboration and more efficient use of new and existing infrastructure is vital to the industry’s future success. We look forward to the publication of Sir Ian’s full report.”
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