8,366 Active Recruiters     Over 2 Million Candidates Globally

  1. Keep me logged in
  2. forgot password

Checkout Jobs Basket (0)

You can checkout a maximum of 150 jobs.

Signup Better for Candidates

  • Create a free virtual CV and let recruiters find you
  • Automatically have your profile matched to suitable Oil & Gas positions
  • Link to your profile using it as a free online CV
  • Store all your employment documents to your profile for easy sending
  • Always receive feedback on positions applied for

Signup Better for Recruiters

  • Suitable candidates automatically matched to your position
  • View candidate profiles for free
  • No more waiting for candidates to respond to job advertisements
  • Only ever pay when you match a candidate to a position
  • No more cold calling and sorting through out dated CVs

Brexit Risks Making North Sea Oil ‘Less Attractive’ to Buyers

Published in Oil Industry News on Friday, 22 February 2019

Graphic for News Item: Brexit Risks Making North Sea Oil ‘Less Attractive’ to Buyers

North Sea oil risks becoming less attractive to foreign buyers if the UK Government fails to secure key trade deals before Brexit, a leading energy business has warned. 

SK Innovation claimed that Theresa May’s plans risked creating import tariffs, which would reduce the attractiveness of North Sea oil for the global market. 

The Seoul-based procurement firm expects a lower probability of North Sea crude oil purchases if the UK crashed out of the EU on March 29. Import tariffs on Forties crude oil have been waived by South Korea under a free-trade agreement with the EU since 2011.


UK business secretary Greg Clark admitted this week that not all free-trade agreements are expected to be concluded in time for the UK’s departure from the EU – despite a promise from international trade secretary Liam Fox that all deals would be ready at “one second past midnight”. 

A survey commissioned by the Aberdeen Chamber of Commerce last year found 45 per cent of firms anticipate Brexit will have a detrimental effect on the sector – with only five per cent believing it will have a positive impact.

SNP MSP Maureen Watt claimed the UK Government was “putting the recovery of our oil and gas sector at risk by failing to secure tangible international trade deals”. She added: “The UK government simply can’t be taken seriously on oil and gas. 

They’ve now had over two and a half years to secure deals for the sector before Scotland is dragged out of the EU next month, but it seems that once again the jobs and businesses that depend on the oil industry are well down their list of priorities.”

Source: www.scotsman.com

Please leave comments and feedback below


North Sea Oil and Gas, Norwegian Oil and Gas, Aberdeen Oil and Gas, Oil and Gas News

Oil and Gas News Archive

Latest Oil & Gas News Articles

Featured Companies

  • View All JobsOMPA

    Offshore Marine People & Academy (OMPA) is a global provider of personnel and training to the renewables, oil & gas, telecommunications and marine industries.

    With over 15 years' industry experience, we work with candidates to match them to the right roles and equip them with the skills and knowledge needed to succeed. Our job is to exceed your expectations.

    Visit us online: offshorempa.com

  • View All JobsChronos Oil and Gas

    Chronos Oil and Gas is one of the fastest growing and best placed recruitment agencies in the sector.

    With over 300,000 candidates on our database and an international team of specialist recruiters we work with clients to staff major projects around the world.

    Register your CV at www.chronosoilandgas.com

  • View All JobsNatural Resources

    Natural Resources is a UK based recruitment company providing personnel of all disciplines and nationalities worldwide.

    We represent clients and candidates at all levels who operate globally within oil & gas, renewables, nuclear, power, mining, marine, drilling, construction and petrochemicals. Our client base includes energy and construction.

    Visit Natural Resources at natural-resources.com