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Oil & Gas UK statement on EU Referendum outcome

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Oilfield Technology,

Oil & Gas UK have made a statement regarding the outcome of the UK referendum. Oil & Gas UK and respects the democratic decision of the UK people and is ready to move forward.

Throughout the referendum campaign Oil & Gas UK has maintained its political neutrality – it is a trade association with a broad range of members who will undoubtedly have their own views on EU membership.

As ever, its role is to represent our members throughout the transition ahead.

The association hopes that all those involved will now come together and work constructively to make this transition as smooth as possible and we ask that the UK Government clearly outlines the process which will follow to minimise any potential period of uncertainty.

The UK oil and gas industry is at a critical juncture and it will need to ensure the UK Continental Shelf continues to attract investment and be seen as a great place to do business.

Oil & Gas UK will be consulting closely with our members in the coming weeks and look forward to engaging with all governments to play its part in this process.

Adapted from a press release by Louise Mulhall

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