Scotland’s Energy Minister Fergus Ewing has
welcomed the latest figures from the annual oil and gas survey of international
activity, published today, which show that total international sales from
Scotland’s oil and gas supply chain grew to £10 billion in 2012-13,
an increase of 22 per cent on the previous year.
new figures from Scottish Enterprise show that international activity now
accounts for over half of total oil and gas supply chain sales from Scotland -
at a record 50.2 per cent. By comparison, in 2002 this was 31 per
companies surveyed also forecast that total export sales would grow by 32 per
cent and Scottish sales via international subsidiaries would grow by 29 per
cent over the next five years.
latest figures were announced by Mr Ewing at the Offshore Technology Conference
in Houston, Texas where he is leading a trade delegation of 63 companies from
Scotland working in the oil & gas services sector.
Welcoming the new figures, Mr Ewing
“Scotland has established a global reputation
within the oil and gas sector and I am delighted that these latest figures show
an increase in international sales, which now account for more than 50 per cent
of total sales.
“The value of this activity to the economy and
exchequer is substantial. International sales by Scotland’s oil and gas
supply chain rose by 22 per cent in 2012-13, to £10
“Scotland is leading the way in the world of oil
and gas and has a clear competitive advantage in this truly global industry.
There are huge opportunities open to us internationally and we are determined
to make the most of them.
“The Scottish Government recognises the
substantial contribution that the oil and gas industry makes to our economy.
Our objective is to make clear that Scotland’s oil and gas wealth is not
just the resources that we extract but the expertise that we have built up. We
are working with the industry to continue to strengthen Scotland’s
position as a global leader in the sector and these figures mark further growth
in this important part of our economy.”
addition to the overall export figures, key findings
· North America remained the top region for
international sales with sales up by a third to £3.6 billion, followed by
Africa where sales almost doubled to £2.3
· The USA remained the main international market
for international activity with Angola and Norway rising to become the second
and third largest markets.
· Over the next five years the USA will continue
to be a key country alongside Angola, Norway, Nigeria, Brazil, Australia, the
UAE, and Malaysia. Africa, the Middle East and the Asia Pacific region are
forecast to provide the most opportunities.
· Contractors operating mainly in the
‘wells’ sub-sector were most likely to export, with 30% of UK Oil
& Gas revenue being generated from export sales in this area. This was
followed by the marine and subsea sub-sector which reported that around 20% of
its UK Oil & Gas revenue was generated from
David Rennie, head of oil & gas at Scottish
Enterprise said: “Scotland has built up a global reputation in oil &
gas expertise over the past 40 years, and these latest results clearly indicate
that our skills and expertise remain in growing demand across the
“Helping our supply chain to develop opportunities
in new markets is a key focus of Scotland’s industry-led oil & gas
strategy, and our attendance at OTC this week is a further opportunity for us
to showcase our strengths in this sector to the global
Survey of International Activity in the Oil & Gas Sector has been developed
by the Aberdeen & Grampian Chamber of Commerce on behalf of Scottish
response to the survey findings James Bream, Research & Policy Director at
Aberdeen & Grampian Chamber of Commerce said:
“The findings are great news for the Oil & Gas
sector in Scotland and mirror what AGCC members are telling us about the
increasingly important role international activity has in their business. The
sector is not only an economic driving force domestically with record
investment in recent years but is now a critical part of our export driven
Survey of international activity in
the oil & gas sector 2012/13: