HC Deb 07 March 1988 vol 129 c24W
7. Mr. McAllion

To ask the Secretary of State for Energy what new steps he is taking to promote increased activity by oil companies in the North sea.

Mr. Parkinson

The licensing and fiscal arrangements for companies wishing to develop the resources of the United Kingdom continental shelf have encouraged a very high level of activity in recent years. Whilst activity fell as a result of the oil price collapse in 1986, it has since recovered strongly, which is further evidence of the success of the Government's approach to the North sea.

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