US President Donald Trump holds the key to the revival of Scotland’s North Sea oil industry

Professor Alex Kemp said the chances of the North Sea fields fulfilling their remaining potential are hanging in the balance — with Donald Trump playing a pivotal role.

He believes our offshore future depends on how the new US President handles a high-stakes production war with operators in Russia and the Middle East.

And he fears Trump’s gung-ho approach, which has already seen him revive two controversial oil pipeline projects blocked by Barack Obama, suggests he could crank up US production again — possibly sparking another price slump and crippling North Sea output further.

Comments are closed.