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The North Sea could hold more than £40 billion of “unforeseen” oil revenues in fields which were rejected for development but could now be exploited with the latest exploration and recovery technology.
The fields in the UK continental shelf could create 2,500 jobs and £26bn of investment, as well as giving the “national economy a much needed boost”, a report by analysts at RMRI Consulting has found.
Read the full story at The Scotsman.