Eyes on oil rig decommissioning as sector could be worth £20bn

There's a warning there'll be competition from the offshore wind sector

Steven Brown

Spending on the removal of old oil and gas equipment in the North Sea could top £20 billion in the next decade.

The energy sector has gathered in St Andrews to discuss the opportunities in the region as part of increasing decommissioning work

STV News is now on WhatsApp

Get all the latest news from around the country

Follow STV News
Follow STV News on WhatsApp

Scan the QR code on your mobile device for all the latest news from around the country

WhatsApp channel QR Code

Today's Top Stories

Alloa home explosion that killed man and left three injured ‘not suspicious’
Edinburgh & East

Home explosion that killed man and left three injured 'not suspicious'

Rapist who told girl he wanted to marry her and attacked children while they slept handed jail term
Edinburgh & East

Rapist told girl he wanted to marry her and attacked children while they slept

Ayrshire nurse suspended after comparing Covid vaccine rollout to the ‘holocaust’
Glasgow & West

Nurse suspended after comparing Covid vaccine rollout to the 'holocaust'

Deaf patient who felt doctors ‘fobbed him off’ pulled tumour out of his throat
Edinburgh & East

Deaf patient who felt doctors 'fobbed him off' pulled tumour out of his throat

Nationwide gains £2.3bn from Virgin Money takeover to ‘benefit’ customers
UK & International

Nationwide gains £2.3bn from Virgin Money takeover to 'benefit' customers

Costa cup used as vent and stolen oven among issues found at newbuild
Edinburgh & East

Dad found Costa coffee cup being used as vent on £250,000 new home

Scottish Government considers reducing speed limit to 50mph on single-carriageways
Scotland

Scottish Government considers reducing speed limit to 50mph on single-carriageways

Popular Videos

M8 in Glasgow: Why are roadworks on Scotland’s busiest motorway taking so long?
Play icon
M8

Why are the roadworks on Scotland's busiest motorway taking so long?

Sir Rod Stewart announced for Glastonbury legends slot in 2025
Play icon
Entertainment

Sir Rod Stewart announced for Glastonbury legends slot in 2025

Inside the Beatson: Behind the scenes of Scotland’s specialist cancer hospital
Play icon
Glasgow & West

Inside the Beatson: Behind the scenes of Scotland’s specialist cancer hospital

Scotland Tonight: Scotland’s arts sector faces existential crisis as funding cuts threaten survival
Play icon
Scotland

Scotland's arts sector faces existential crisis as funding cuts threaten survival

Family in ‘living nightmare’ after mum struck by SUV while on holiday in the US
Play icon
Edinburgh & East

Family in 'living nightmare' after mum struck by SUV while on US holiday

Latest in Scotland

Deaths outnumbering births as Scotland’s fertility rate at lowest-ever point
Scotland

Deaths outnumbering births as Scotland's fertility rate at lowest-ever point

Sex changes ‘recognised in law’ with gender recognition certificate, court told
Politics

Sex changes ‘recognised in law’ with gender recognition certificate, court told

£50,000 reward offered in hunt for some of Scotland’s rarest coins stolen in 2007
Scotland

£50,000 reward offered in hunt for rare coins stolen in 2007

Swinney hints at new energy bill support for pensioners
Politics

Swinney hints at new energy bill support for pensioners

John Swinney to stress ‘benefits of collaboration’ in speech
Play icon
Politics

John Swinney to stress 'benefits of collaboration' in speech

Charity founded by former PM Gordon Brown and Amazon hits three-year milestone
Politics

Charity founded by former PM Gordon Brown and Amazon hits three-year milestone

Scottish income tax policy not working, financial services body claims
Politics

Scottish income tax policy not working, financial services body claims

Trending Now

STV’s Laura Boyd awarded honorary degree from Glasgow Caledonian University
Entertainment

STV's Laura Boyd awarded honorary degree from university that 'shaped her'

Fugitive wanted by FBI for 20 years after US bombings arrested in Wales
UK & International

Fugitive wanted by FBI for 20 years after US bombings arrested in Wales

Major bank to cut mortgage rates from Wednesday in ‘bold move’
UK & International

Major bank to cut mortgage rates from Wednesday in ‘bold move’