07 Aug '12, 7am

Top energy firms announce major UK investments at London 2012 summit #BritBizEmbassy

The energy industry contributes 3.9% of the UK’s GDP and employs about 173,000 people (7% of industrial employment) . It accounts for 9.9 per cent of total investment in the UK. The UK’s notable strengths across the energy industries – oil and gas, renewables, nuclear and thermal power generation – include project management, major contracting, design engineering, asset and operational management, design and manufacturing of advanced equipment, research and development, training and education, professional and financial services. All of these are delivered with a total commitment to health, safety and the environment. The UK oil and gas supply chain exports around US$9 billion worth of goods and services each year in value, representing about one-quarter of the UK’s total energy sector exports. The UK‘s oil production capacity is the largest in the European Union, and the ...

Full article: http://www.decc.gov.uk/en/content/cms/news/gbse_invest/gb...

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