Gneiss Energy’s Managing Director Jon Fitzpatrick featured on Energy Voice this week, sharing his view on Shetland Islands Council’s ambitions to retain more tax revenue from oil and gas operations around the isles in its self-determination bid.
“Against the backdrop of a maturing sector to the East of Shetland, the frontier area West of Shetland is set to become the UKCS’s largest growth area through the next decade.”
“This is driven by the significant development of large hydrocarbon discoveries supporting sustained production growth beyond 2025 – in reality it is the only UK sector likely to see such growth.”
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