Britain dismantles its oil industry
Britain's North Sea oil infrastructure is being dismantled, rig by rig, after falling oil prices made the industry unprofitable. Many in the north of Scotland hope decommissioning can provide a lifeline for a local economy. Matthew Vincent asks FT...
FT News in Focus · Financial Times
June 9, 201610m 11s
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Show Notes
Britain's North Sea oil infrastructure is being dismantled, rig by rig, after falling oil prices made the industry unprofitable. Many in the north of Scotland hope decommissioning can provide a lifeline for a local economy. Matthew Vincent asks FT oil correspondent Kiran Stacey and Lex writer Alan Livesy who will foot the bill.
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