News of a $500m investment in the North Sea has been welcomed by industry leaders. Speaking after Spirit Energy announced a deal which could lead to total investment of more than $1billion, Mike Tholen of industry body Oil & Gas said the West of Shetland – the ‘frontier’ region – has the greatest potential to expand current production.
http://www.businessforscotland.com/500m-oil-and-gas-investment-in-scotlands-frontier-region/