Early day motion · EDM 415 · 9 Sep 2015
OIL AND GAS UK'S ANNUAL ECONOMIC REPORT
Tabled by Callum McCaig (Scottish National Party)
24 signatures
The motion
That this House welcomes the release of Oil and Gas UK's annual Economic Report; notes that this has been a challenging time for all those involved in the industry; congratulates all those involved in the sector for their hard work and commitment; regrets that capital investment is likely to drop by between £2 billion and £4 billion in each of the next three years as a consequence of new projects failing to gain approval; and urges the Government to increase incentives for exploration in the North Sea to ensure the longevity of the industry.
Source: the official Early Day Motions database.