History of the UK Oil & Gas Industry
It was in the year 1975 that Hamilton Brothers, a small entrepreneurial entity of the United
States, which was working in the Argyle field, succeeded in bringing British oil ashore for the first time, and this was almost immediately followed by the BP excavation that resulted in huge quantities of oil being discovered in the Forties field.
Progress made by the industry since the 1970s
Oil discovery in the North, grew leaps and bounds as several other companies from other nations like the EU, United States and many other domestic UK firms leased out many sectors of the North Sea for excavating oil. Slightly around the late ...