Knowledge (XXG)

Petroleum industry in Aberdeen

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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.
815: 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 744: 421: 663: 643: 749: 648: 343: 317: 491: 111:, the Aberdeen oil industry's success can be partially credited to its role in developing undersea technology for offshore drilling. 706: 257: 152:
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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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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Beginning in the 1970s, Aberdeen began its transition from a city dominated by the
73: 455: 284:"From North Sea revival to renewables, Aberdeen sees corporate interests triumph" 115: 224:"UK planning to launch watered down net zero strategy in oil capital Aberdeen" 433: 295: 235: 195:"In Scotland's oil and gas capital, uncertainty clouds the green transition" 139: 42: 500: 57: 34: 45:. Aberdeen has been characterised as the "oil capital" of Scotland, the 37:, began in the mid-20th century following the discovery of significant 130:
While reserves continue to flow fast, it has been estimated that the
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to one dominated by the petroleum industry. According to
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gas industry 31:petroleum industry in Aberdeen 1: 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 936: 649:Theatres and Concert Halls 588:Provosts and Lord Provosts 555: 888: 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 173: 156:Future of the industry 98: 593:Members of Parliament 583:Aberdeen City Council 171: 96: 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 174: 108:The New York Times 99: 897: 896: 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 927: 697:Aberdeen Harbour 687:Aberdeen Airport 568: 561: 503: 494: 487: 480: 471: 464: 463: 451: 445: 444: 442: 440: 417: 411: 410: 408: 406: 391: 385: 384: 382: 380: 365: 359: 358: 356: 354: 339: 333: 332: 330: 328: 313: 307: 306: 304: 302: 279: 273: 272: 270: 268: 253: 247: 246: 244: 242: 216: 210: 209: 207: 205: 190: 103:fishing industry 70:Aberdeen Harbour 66:Aberdeen Airport 21: 935: 934: 930: 929: 928: 926: 925: 924: 900: 899: 898: 893: 884: 868: 840: 792: 754: 750:Primary Schools 716: 673: 630: 602: 569: 563: 562: 553: 529:Aberdeen Castle 505: 501: 498: 468: 467: 460:BBC News Online 453: 452: 448: 438: 436: 419: 418: 414: 404: 402: 393: 392: 388: 378: 376: 367: 366: 362: 352: 350: 341: 340: 336: 326: 324: 315: 314: 310: 300: 298: 281: 280: 276: 266: 264: 255: 254: 250: 240: 238: 218: 217: 213: 203: 201: 199:Financial 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Retrieved 198: 159: 147: 145: 137: 129: 126:21st century 113: 106: 100: 89:20th century 55: 53:as a whole. 39:oil deposits 30: 28: 26: 439:11 November 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 432:  294:  234:  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 64:at 906:: 458:. 428:. 424:. 398:. 371:. 346:. 320:. 290:. 286:. 260:. 230:. 226:. 197:. 185:^ 122:. 68:. 493:e 486:t 479:v 462:. 443:. 409:. 383:. 357:. 331:. 305:. 271:. 245:. 208:. 20:)

Index

Oil Industry in Aberdeen
Scotland
oil deposits
North Sea
United Kingdom
Europe
heliport
North Sea oil and gas industry
Aberdeen Airport
Aberdeen Harbour
oil rigs
North Sea oil

fishing industry
The New York Times
Piper Alpha
Hazlehead Park
North Sea
petroleum
Financial Times
Ian Wood



"In Scotland's oil and gas capital, uncertainty clouds the green transition"
Harvey, Fiona
"UK planning to launch watered down net zero strategy in oil capital Aberdeen"
ISSN
0261-3077
"Greens and rig workers call a truce in Europe's oil capital"

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