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technology. In 2014, the global plunge in oil prices caused economic distress in
Aberdeen. Russell Borthwick, a local chamber of commerce executive, argued the oil plunge was a turning point for the local industry, stating it was a "wake-up call that Aberdeen actually needed to say, 'This ain't going
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noted that crude oil production in
Aberdeen now totals at just over a third of its peak of 4.5 million barrels a day (B/D). This number is projected to decrease to 400,000 B/D by the year 2050. To emphasize the growth of the city's renewable energy sector, there have been local political attempts to
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is nearing or has even surpassed its peak production rate. As a result, Aberdeen is expected to have to redevelop itself as a research and development hub, rather than a base for offshore drilling, in order to remain home to the multi-national companies that drive its economy.
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The most severe disaster to occur in the region took place in 1988, when the city was dealt a heavy blow by the loss of 167 men during an explosion and fire aboard an offshore rig, the
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reserves, the local and national government have worked to promote the growth of the renewable energy in
Aberdeen, including the wind energy sector.
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76:. The number of jobs created by the energy industry in and around Aberdeen has been estimated at half a million. Owing to the natural decline in
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111:, the Aberdeen oil industry's success can be partially credited to its role in developing undersea technology for offshore drilling.
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in 2023, workers in
Aberdeen's oil industry are on average paid £88,000, a salary higher than the Scottish average of £29,000.
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396:"Here to stay or gone in 30 years? Inside the fight over the future of the oil industry | CNN Business"
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transform
Aberdeen's reputation from the "Oil Capital of Europe" into the "Energy Capital of Europe".
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As of 2013, despite declining North Sea reserves, Aberdeen remained a major world center for undersea
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118:. It remains the world's worst offshore disaster and there is a memorial to the crew in
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Beginning in the 1970s, Aberdeen began its transition from a city dominated by the
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284:"From North Sea revival to renewables, Aberdeen sees corporate interests triumph"
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224:"UK planning to launch watered down net zero strategy in oil capital Aberdeen"
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195:"In Scotland's oil and gas capital, uncertainty clouds the green transition"
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45:. Aberdeen has been characterised as the "oil capital" of Scotland, the
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While reserves continue to flow fast, it has been estimated that the
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422:"The road to net zero: Aberdeen looks to a future without oil"
258:"Greens and rig workers call a truce in Europe's oil capital"
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369:"UK's oil capital Aberdeen reels from global price slump"
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to one dominated by the petroleum industry. According to
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344:"Aberdeen, a City With One Foot on the Seafloor"
193:Mnyanda, Lukanyo; Dickie, Mure (9 April 2023).
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8:
456:"A burst of energy in Europe's oil capital"
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816:Aberdeen International Football Festival
318:"Aberdeen, With a Foot on the Seafloor"
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664:Aberdeen International Youth Festival
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172:Photo from 2019 of oil and gas ships
394:Horowitz, Julia (30 October 2021).
97:1986 photo of oil boats in Aberdeen
598:Members of the Scottish Parliament
454:Arnold, James (12 November 2003).
420:Elliott, Larry (1 November 2021).
72:is an important port for offshore
33:, the third most populous city in
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707:Aberdeen Western Peripheral Route
56:Aberdeen boasts the primary main
920:Oil and gas industry in Scotland
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256:Mathiesen, Karl (3 June 2022).
778:Diocese of Aberdeen and Orkney
549:1964 Aberdeen typhoid outbreak
316:Reed, Stanley (29 July 2013).
160:In 2021, Scottish businessman
62:North Sea oil and gas industry
31:petroleum industry in Aberdeen
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783:Bishop of Aberdeen and Orkney
342:Stanley Reed (28 July 2013).
735:The Robert Gordon University
544:River Dee ferryboat disaster
740:North East Scotland College
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649:Theatres and Concert Halls
588:Provosts and Lord Provosts
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539:Battle of Aberdeen (1646)
534:Battle of Aberdeen (1644)
282:Wall, Tom (9 June 2023).
826:Royal Aberdeen Golf Club
702:Aberdeen railway station
143:to be around forever'".
18:Oil Industry in Aberdeen
730:University of Aberdeen
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156:Future of the industry
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593:Members of Parliament
583:Aberdeen City Council
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915:Industry in Scotland
712:Dyce railway station
692:Aberdeen bus station
910:Economy of Aberdeen
880:Notable Aberdonians
768:Diocese of Aberdeen
854:Petroleum industry
773:Bishop of Aberdeen
375:. 13 November 2015
348:The New York Times
322:The New York Times
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108:The New York Times
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836:Pittodrie Stadium
831:Aberdeen Warriors
821:Aberdeen GSFP RFC
811:Cove Rangers F.C.
745:Secondary Schools
644:Parks and Gardens
616:Areas of Aberdeen
222:(24 March 2023).
146:According to the
60:for the offshore
16:(Redirected from
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437:. Retrieved
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403:. Retrieved
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39:oil deposits
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405:11 November
379:10 November
327:10 November
301:11 November
267:10 November
241:10 November
204:10 November
116:Piper Alpha
904:Categories
788:Presbytery
669:Public art
177:References
722:Education
679:Transport
626:River Don
621:River Dee
608:Geography
519:Etymology
434:0261-3077
353:29 August
296:0261-3077
236:0261-3077
140:petroleum
132:North Sea
43:North Sea
891:Category
873:See also
760:Religion
575:Politics
524:Heraldry
502:Aberdeen
262:POLITICO
162:Ian Wood
74:oil rigs
58:heliport
35:Scotland
846:Economy
636:Culture
511:History
373:Reuters
84:History
41:in the
864:Retail
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51:Europe
859:Media
798:Sport
441:2023
430:ISSN
407:2023
381:2023
355:2013
329:2023
303:2023
292:ISSN
269:2023
243:2023
232:ISSN
206:2023
29:The
400:CNN
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