Scottish Secretary visits US to boost support for North Sea oil

Scottish Secretary David Mundell is travelling to Texas today in a bid to boost support for the struggling oil and gas industry in the North Sea. He will meet key […]

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By Priyanka Shrestha

Scottish Secretary David Mundell is travelling to Texas today in a bid to boost support for the struggling oil and gas industry in the North Sea.

He will meet key industry figures, including senior representatives from BP, Maersk and Weir Group, to build links with the sector.

Mr Mundell aims to press the case for investing in Scotland and find ways for Scottish firms to export their expertise in the industry.

The Secretary of State for Scotland will also help build educational links between Scotland and the US.

He said: “I will be meeting oil companies in the Texas oil and gas capitals of Dallas and Houston to encourage ongoing investment into the North Sea. The North East of Scotland also has a huge amount of expertise which can be exported around the world and the US should be a part of its market.

“There are wider lessons for the North East of Scotland to learn from the American oil and gas industry and from cities like Dallas and Houston. They have successfully diversified their economies and I will be hearing from officials in those cities about the lessons they have learned and how we could apply them in Scotland.”

The UK Government last year announced tax reliefs for the oil and gas sector.