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No alarm over future for North Sea, oil boss says

9 monthes ago   |   By Energy Voice

Neptune Energy's UK boss said on Tuesday that talk of the North Sea oil and gas industry being wiped out by a collapse in crude prices is premature.
Alexandra Thomas, appointed UK managing director at Neptune earlier this month, said the sector had endured previous low price cycles and prevailed.
Ms Thomas added: “I do not think there is a need to be alarmed at this stage about the future of the North Sea.
“There are bound to be ups and downs in the oil price. This is a global market we're playing in.
“There will be some winners and losers, but there are no conclusions to draw at this...
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