UK Offshore Energy Sector Needs Regulating, Says New Report
The equivalent of 41 billion barrels of oil have already been produced from the UK Continental Shelf, but production is declining. Improving the way the UK's offshore oil and gas industry is regulated could boost the economy by £200bn over the next 20 years, according to a new government-commmissioned report by retired oil tycoon Sir Ian Wood, reports BBC Scotland. The current regulator, which is situated within the Department of Energy and Climate Change (DECC), is now significantlyâŚ
Securewest International Calls for Regulation of Security Providers
Global maritime security services provider, Securewest International, has called on the leading maritime regulatory bodies and, if necessary, governments to implement an international maritime security services âgold standardâ in a bid to halt the spread of unauthorized and inexperienced private security companies who may be carrying out dangerous or unlawful practices in the name of maritime security, often using Security Officers with little or no formal maritime training. Commenting following his involvement in a recent BBC Scotland debate on the subject of piracy with guests The Honourable Gwyneth Dunwoody MP (Chair of the UK governmentâs Transport Committee) and Captain Pottengal Mukundan of the International Maritime BureauâŚ