02 November 2016

New research aims to increase international activity

Over half of Scotland’s oil and gas supply chain sales come from international markets. As the sector continues to respond to the low oil price, new research has been published to help companies increase their knowledge of international opportunities.

Scottish Development International, as part of the Energy Jobs Taskforce, has developed a series of 50 Oil and Gas Opportunity Country Guides for the largest oil and gas markets together with a summary of trends on a regional and global basis.

Each guide provides a snapshot of current opportunities in key markets and highlights particular opportunities for the Scottish supply chain. The information is intended to both help inform companies of potential opportunities and also encourage them to work more closely with Scottish Development International, the Scottish Government's international arm, both in Scotland and overseas to support their global ambition.

International sector head of oil and gas at Scottish Development International, David Rennie, said: “Scotland is world-renowned for its oil and gas skills and expertise and we are doing everything we can to support the sector to maximise international growth opportunities. Just last week we organised two trade missions – East Africa and Amsterdam – involving 32 companies, helping them see first hand the opportunities available overseas and providing a platform for them to build new networks to maximise them.

“International activity already accounts for more than half of the sectors supply chain sales and maintaining a global mindset, even in the current challenging environment, remains vital. These guides aim to do just that and working together with colleagues in our overseas offices, we aim to support more companies to increase their international activity.”

The research was carried out by Aberdeen and Grampian Chamber of Commerce (AGCC) on behalf of Scottish Development International.  Commenting on the guides, research & policy director James Bream added:

“This is the largest research project of its nature in Scotland to support the oil & gas industry.

“The industry operates on a global stage and it is imperative that companies are able to keep up to date with international opportunities. This research provides a real first step on the way to even greater global success.”

The guides can be downloaded from www.scottish-enterprise.com/globalguides

Contact Information

Julia McLaren

Engagement Partner

Scottish Enterprise

0300 013 3223

07801 794046

julia.mclaren@scotent.co.uk