Suppliers urged to make green move_3
18 July 2012
Suppliers in the UK oil and gas industry should diversify into the renewable energy market to help them achieve the government’s goals of £1 billion in annual new business for the sector and generate 10 per cent of electricity from green sources by 2010,
Sustainability through Diversity, from the oil and gas industry’s taskforce Pilot, identifies the rapidly growing market for wind and wave generation projects as areas for diversification. Design, drilling and installation technologies are similar for all projects, the report noted.
The report says that wind tower manufacture alone could make up a fifth of the...