North Sea Oil Faces Worsening Investment Drought After Brexit

Updated on
  • Second independence poll is ‘very much on the table’
  • U.K. industry is already suffering a slump in spending

The U.K.’s North Sea oil and gas industry, already reeling from low prices and high costs, now faces a worsening investment drought as the nation’s decision to quit the European Union looks set to trigger a second independence vote in Scotland.

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