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    Herald Scotland: North Sea Oil and Gas Firms Told: Get On and Collaborate

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Summary

A survey by Deloitte shows that collaboration between North Sea firms would help them to ride out the current crude price slump crisis

by: Erica Mills

Posted in:

Press Notes

Herald Scotland: North Sea Oil and Gas Firms Told: Get On and Collaborate

North Sea oil and gas firms recognise they need to collaborate more to help the industry survive the crude price plunge but only a small minority are doing anything about it experts have found.

A survey by Deloitte found clear recognition of the value of collaboration among firms in the North Sea.

However, while there appeared to be widespread awareness among firms of the theoretical benefits of working together hardly any had developed plans to ensure they collaborated in practice.

Read the full article HERE.