§ Mr. Matthew TaylorTo ask the President of the Board of Trade (1) if she will make a statement on the promotions budget for the offshore oil technology and supply office; [1011]
(2) how her Department's oil and gas technology and promotion budget is to be allocated. [1007]
§ Mr. BattleThe oil and gas technology and promotion budget is handled by the Oil, gas and petrochemicals Supplies Office (OSO). For 1997–98 OSO has a gross programme budget of £3.7 million, as set out in the Supply Estimates. The precise allocation of funds is subject to advice from the OSO Board, but is expected to be £1.5 million for export promotion—including trade fairs, missions and seminars; and £2.2 million to aid competitiveness—including assistance for the Centre for Marine and Petroleum Technology (CMPT), the CRINE Network competitiveness initiative and some technology projects.