§ 26. Mr. Dykesasked the Secretary of State for Energy if he will make a statement on the prospects for the offshore oil industry in the United Kingdom for the remainder of 1982.
§ Mr. GrayExploration activity is expected to remain at a high level during 1982 and construction work will continue on a range of offshore projects. There may be fewer major new developments than in recent years and the main opportunities will be gas field developments. New orders placed by operators are expected to remain at the current level of £2–21/2; billion per annum.